Word: stimulus
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...five years ago to block a requirement that 75% of mutual funds' boards be independent. And another legal battle seems likely to be brewing over the new SEC Commissioner's interest in pushing to allow shareholders to nominate independent members to corporate boards. "They will accept all kinds of stimulus funds and bailouts but God forbid we should ask for any kind of accountability in return," says Nell Minow, co-founder of Corporate Library, a corporate governance research firm...
...Cantor, the No. 2 House Republican, hopes to change all that. In an effort to counter the criticism that the party doesn't stand for anything but opposing President Obama, Cantor has reconvened the working group that came up with the GOP's alternative to the White House's stimulus plan. That wasn't exactly a big success - the proposal was widely panned for relying too heavily on tax cuts - but Cantor is convinced that taking the long view is the path to success: health care and global warming may be the topics du jour, but "the narrative next year...
...bill, he instead focuses on all the areas in which Republicans and Democrats agree, such as emphasizing preventive medicine, electronic records, medical-liability reform and helping those with pre-existing conditions get coverage. It's a striking change of tone from a similar interview with TIME shortly before the stimulus vote, when the minority whip was cocky in his boast of unified opposition. Still, says Feehery, if Cantor were really serious, he would introduce a comprehensive GOP health-care-reform alternative, as some Republicans have been urging their leaders to do. (See the top 10 unfortunate political one-liners...
...hero in 1999 after he and a band of activists destroyed a McDonald's under construction to protest globalization and "bad food." The next year, a bomb detonated in a French McDonald's, killing a 27-year-old employee. No one claimed responsibility. (Read "Supersizing Europe: The McDonald's Stimulus Plan...
...defaults and other noncoercive policies that can promote desired behaviors. The Administration has pushed one nudge after another, from simplified financial-aid forms after studies showed they could increase college-attendance rates to automatic savings plans for small businesses. It even doled out our payroll-tax cuts in the stimulus bill by decreasing our weekly withholding rather than cutting us big lump-sum checks, because the research suggested we'd be less likely to notice it and more likely to spend...