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Look, there are a lot of hard-working people at VA hospitals, but we cannot turn our backs to the reality that the system is broken. It's totally ill prepared to accept the kind of volume that has come to them as a result of these occupations in Iraq and Afghanistan...

Author: /time Magazine | Title: Phil Donahue | 11/11/2008 | See Source »

Another factor that helped make Canada the new gold standard in banking was Ottawa's decision in the late 1980s to allow commercials banks to acquire investment dealers on Toronto's Bay Street, the country's financial hub. As a result, these institutions are subject to the same strict rules as commercial banks, while U.S. investment dealers are subject to only light supervision from the Securities and Exchange Commission. Morgan Stanley and Goldman Sachs, of course, will now be under the U.S. Federal Reserve's supervision since they have been chartered as bank-holding companies...

Author: /time Magazine | Title: Why Canada's Banks Don't Need Help | 11/10/2008 | See Source »

Says FFlaherty: "The credit crisis we're facing is the result of unbridled greed. We need to bridle greed." Perhaps when world leaders sit down in Washington to forge a 21st-century New Deal for the global financial system, it may have more than a smattering of Canadian banking know...

Author: /time Magazine | Title: Why Canada's Banks Don't Need Help | 11/10/2008 | See Source »

...Youthbuild, which helps 30 to 40 out-of-school youths earn a high school diploma or GED while participating in affordable housing construction programs throughout the year, has lost $83,000 of its state funding, or roughly 30 percent of its budget. Mediation for Result, which helps resolve tenant-landlord disputes, has seen half of its state funding disappear, and Biomedical Careers Training has had its $140,000 state funding allocation eliminated entirely...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: City Braces for Budget Cuts | 11/10/2008 | See Source »

Still, the organizing principle of Iraqi politics remains ethnicity and sect, with all of the main players being those connected with some form of politically aligned military muscle and the prize being control over power and resources. As a result, elections tend to exacerbate rather than resolve tensions, and next year's races will likely see sharp political (and occasionally even military) battles between rival Shi'ite parties in the south and Baghdad; between Sunni and Shi'ite blocs in some parts north of Baghdad, such as Diyala province, as well as between the government (including the Sunni parties that...

Author: /time Magazine | Title: How Obama's Win Will Affect Middle East Elections | 11/10/2008 | See Source »

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