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...Obama will also criticize the banks for trying to derail financial-regulation reform, which passed the House last week but faces multiple battles after Christmas in the Senate. And he'll scold them for continuing to distribute high bonuses, especially when they reward excessive risk-taking. The senior bank executive at one of the banks meeting with the President Monday describes the process as a "public spanking" and says other than the public humiliation the Administration has little leverage. (See the top 10 crooked CEOs...

Author: /time Magazine | Title: Obama vs. the Banks: The Pressure Intensifies | 12/13/2009 | See Source »

...wrote The Pleasure of His Company, which, unlike most Camelot memoirs, was able to humanize Kennedy and offer an intimate glimpse into his personality. Fay recounted witnessing Joseph Kennedy, the family patriarch, scold his children during a dinner in 1959 for spending too much money. After an uncomfortable silence, JFK piped up, "We've come to the conclusion that the only solution is to have Dad work harder." As Fay observed, it was classic Jack...

Author: /time Magazine | Title: Paul Fay | 10/12/2009 | See Source »

...with leaders who have not been held accountable for their misdeeds. His Kenyan ancestry and the continent's nearly universal adoration for a man it sees as an African son put him in the rare position of being able to say such things without being viewed as a neocolonial scold. Now U.S. Secretary of State Hillary Clinton has embarked on a mammoth seven-nation Africa tour to follow up her boss's sermon with preaching of her own. But can she bank on the same reception he got? (Read a story about Obama's trip to Africa...

Author: /time Magazine | Title: In Africa, Can Clinton Be Obama's Surrogate? | 8/6/2009 | See Source »

...spend 27 years in the Senate, presidential ambitions cloud your mind. You move to Iowa and win zero delegates in the primary. Then, you get sloppy. You wait 193 days to disclose documents about your cheap mortgage from Countrywide Financial, which you oversee on the Banking Committee. And you scold American International Group, a donor to your campaign, for paying bonuses with taxpayers’ money, before admitting that you loosened the loophole...

Author: By Brian J. Bolduc | Title: Dump Dodd—Then What? | 7/27/2009 | See Source »

Obama's efforts to change us carry a clear political risk. Republicans already portray him as a nanny-state scold, an élitist Big Brother lecturing us about inflating our tires and reading to our kids. We elected a President, not a life coach, and we might not like elected officials' challenging our right to be couch potatoes. Obama's aides seem to favor nudges that preserve free choice over heavy-handed regulation, an approach Thaler and Sunstein, the co-authors of Nudge, call "libertarian paternalism." But it's still paternalism, and Sunstein will have the power...

Author: /time Magazine | Title: How Obama Is Using the Science of Change | 4/2/2009 | See Source »

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