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...Bove to conclude that “U.S. banks now have more capital as a percentage of assets than in any year since 1935.” Nevertheless, the perception remains that Washington is making all the wrong moves; critics on the left suspect an incestuous relationship between Wall Street and Capitol Hill and those on the right decry a socialist takeover of the financial system. Lost in this maelstrom of punditry is the fact that the government has recouped most of its bailout money and divested its involvement in banking. Obama must argue before the American public that...

Author: By John W. He | Title: Obama the Pitchman | 4/7/2010 | See Source »

...There’s a shot where the sheep go through a town. The municipal authorities had just cleaned the street. 3000 sheep went through and it was just covered with sheep shit afterwards...

Author: By Madeleine M. Schwartz, CRIMSON STAFF WRITER | Title: Spotlight: 'Sweetgrass' | 4/7/2010 | See Source »

...with AK-47s and one with a rocket-propelled-grenade launcher, although it's not clear from the video as released that such weapons are being carried. For alleged insurgents carrying weapons while a U.S. attack helicopter circles overhead, the men seem remarkably nonchalant, strolling unhurriedly along a Baghdad street. After getting command approval to attack the armed group, an initial volley from an Apache's 30mm cannon blows some of them apart. An Apache crewman says, "Ha, ha, ha - I hit 'em." Another comment: "Look at those dead bastards." When a wounded man is seen crawling for cover...

Author: /time Magazine | Title: Combat Video: The Pentagon Springs a WikiLeak | 4/6/2010 | See Source »

...blasting boatloads of money around Washington to block reform. It's at least plausible, as I've written, that if President Obama succeeds at framing reform as a stark banks-vs.-people choice, and enough Republicans get nervous about the political price they might pay for siding with Wall Street, a deal could be cut to get the issue out of the news before November. And the most recent behavior of Republicans - their hopeful rhetoric about reform, their sudden openness to concessions on the consumer financial-protection agency they've been bashing for months - is consistent with a desire...

Author: /time Magazine | Title: Financial Reform: Far from a Done Deal in Congress | 4/6/2010 | See Source »

...about the need for a dramatic regulatory overhaul to prevent another financial meltdown. But he's been so outspoken - especially about the consumer agency - that it would be tough for him to accept anything less dramatic than his tough proposals. And many Democrats see an uncompromising stance against Wall Street as a political winner; if it doesn't produce a bill, they're happy to have an issue they can use against Republicans in the fall...

Author: /time Magazine | Title: Financial Reform: Far from a Done Deal in Congress | 4/6/2010 | See Source »

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