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...page bill gives Paulson the $700 billion he requested in a three-page proposal 10 days ago but divvies the money up: $250 billion immediately, with another $100 billion upon request of the President. The rest, if and when it is needed, will require the approval of Congress. And the money comes with strings. Paulson must report back to Congress more often and transactions must be posted online within two days. The House is expected to take up the bill on Monday and the Senate aims to pass it by Wednesday...

Author: /time Magazine | Title: The Bailout Bill That Nobody Likes | 9/29/2008 | See Source »

...ever before. But as we forge ahead, worrying about global war and the ‘second Holocaust’ indelicately conjured by Sen. McCain, we should keep in mind that much of our decision-making process is far less grandiose than it may seem, that instead rests upon a blink and a synapse fired...

Author: By James M. Larkin | Title: Skin Deep | 9/28/2008 | See Source »

...crowd of close to 100 people—including 10 participants, family, friends and passers-by—braved the pouring rain and packed the street outside b.good’s Dunster Street locale to partake in and spectate upon the feats of engorgement...

Author: By Hee kwon Seo, CRIMSON STAFF WRITER | Title: Ten People, 40lbs of Greens | 9/28/2008 | See Source »

...Even if it is tempting to look with disdain or bemusement upon these fanatical customs, the good anthropologist must remember that every cultural scene is the product out of a legitimate system of meaning. For the bleary-eyed people who come out here every morning, there is a sort of mysticism in their extracurricular plans, and a deeply—held belief in the efficacy of their eight-and-a-half-by-eleven” icons. And so, when I left the Yard that morning, head full of field notes, I had already began to miss these people and their...

Author: By Garrett G.D. Nelson | Title: Postering in the Ethnographic Gaze | 9/26/2008 | See Source »

...hand was underscored by the news Friday that yet another financial institution - Washington Mutual of Seattle - had been taken over by the government and had most of its assets sold off to JP Morgan Chase. Even Democrats were unsettled by the urgency with which they were being called upon to act in the face of what the Bush Administration was warning is an imminent threat. "It's not like our guys are saying, 'We really want to pass this bill.' We've seen this before," noted one Democratic Capitol Hill veteran, alluding to the run-up to the Iraq...

Author: /time Magazine | Title: Can Congress Build a Better Bailout? | 9/26/2008 | See Source »

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