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...late December, Obama's entire economic team agreed to support the rule, along with limits on the size and scope of banks that go beyond the amendment Kanjorski drew up. Geithner would have preferred to limit risk-taking through tougher rules on leverage and capital - and he's still planning a push on that front - but in an election year, it was easy to see the value of having Volcker inside the tent. "The narrative is changing," Warren says. "In 2010, Congress will have a basic choice between taking the side of banks and taking the side of families...

Author: /time Magazine | Title: Can Bashing the Banks Help Obama? | 1/28/2010 | See Source »

Though many provisions critical to reform will likely be cut under this process, their displacement should not be too heavily bemoaned. While the scope of the resulting bill will probably be far narrower than reformers had hoped, we believe that Congress should take up these crucial measures in the future, when there is less antagonism between the two parties and more opportunity for compromise. History leaves reason for optimism. The original Social Security bill in 1935 covered far fewer people than it does today, but efforts in subsequent years capitalized upon its passage to include addenda that expanded its welfare...

Author: By The Crimson Staff | Title: Brown Wins | 1/26/2010 | See Source »

...Department of Defense Independent Review Related to Fort Hood, ordered by Defense Secretary Robert Gates, is limited in scope. Despite the title of its report - Protecting the Force: Lessons from Fort Hood - there is only a single page dedicated to the chapter called "Oversight of the Alleged Perpetrator." Much more space is given to military personnel policies (11 pages), force protection (six pages) and the emergency response to the shootings (12 pages...

Author: /time Magazine | Title: The Fort Hood Report: Why No Mention of Islam? | 1/20/2010 | See Source »

...better understood the scope of your illness earlier, do you think that would have affected your decisions about having children? I would have proceeded much more carefully. I can't imagine a life without the kids, but I would have been more proactive about getting a network of support, especially in those first days. And I would have placed more value on my own health, getting out of the house and working some, and getting enough sleep and rest. The brutal combination of isolation and sleep deprivation is a recipe for mental illness for new moms. There have been studies...

Author: /time Magazine | Title: Therese Borchard on Overcoming Depression | 1/15/2010 | See Source »

...hold the country's first automated elections. Some 50 million voters will elect a new President, nearly 300 lawmakers and 17,500 local government officials. Voters hope a swift and transparent electronic vote count will replace the arduous manual tally that has traditionally lasted several weeks and offered considerable scope for cheating. "We may be able to modernize the way we vote ... but can we really claim progress if some of us still resort to the Stone Age practice of just bludgeoning opponents," presidential candidate Manuel Villar told reporters. Over the past three weeks, four candidates from the Nacionalista Party...

Author: /time Magazine | Title: Philippines Gun Ban Kicks Off Amid Campaign Violence | 1/13/2010 | See Source »

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