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...giving the money to the state! Good, I work for the state." It is a very serious joke. Haitians are concerned that aid money will not trickle down to the people but instead be used by the government to take care of its own. (See pictures of the destruction wrought by the Jan. 12 earthquake in Haiti...

Author: /time Magazine | Title: In Haiti, Deep Skepticism About a U.N. Rescue Plan | 4/3/2010 | See Source »

...area of fierce contention in the regulatory debate is that of an independent Consumer Financial Protection Agency, but such an institution is vital. Complex financial products wrought destruction on everyone from pension fund-owners to everyday homeowners. An independent CFPA would regulate financial “innovations” such as clever securitization schemes and subprime mortgages that harm lower-income Americans and pension funds while risking the stability of the economy as a whole. The Senate bill currently has a CFPA under the purview of the Federal Reserve Bank, however the creation of an independent agency would give...

Author: By Ravi N. Mulani | Title: A Full Overhaul | 3/25/2010 | See Source »

...victory was not easily wrought. This was Stupak's third scheduled press conference in two days; the other two were abruptly canceled. On Sunday morning Democratic leadership sources leaked to reporters that there was a deal, rumors Stupak quickly quashed, saying he was still looking at the language of an Executive Order negotiated with White House Counsel Bob Bauer. It was not till 4 p.m. that he spoke to the press about the deal. "In the end, like the [Catholic] bishops, I wish that we could have had statutory language," Stupak said. "But we only have 44 votes...

Author: /time Magazine | Title: Health Care Clincher: The Importance of Being Stupak | 3/21/2010 | See Source »

...marking Haiti's Legislative Palace still shine brightly on the front wall of the seaside building in Port-au-Prince. But the massive earthquake that hit the nation on Jan. 12, killing more than 200,000 people, left a hole on one side of the structure, exposing a black wrought-iron staircase. The quake ripped open the building's opposite side, where detritus like metal, concrete, chairs, desks and paper scraps spewed forth like volcanic lava...

Author: /time Magazine | Title: Haiti's Next Big Crisis: How to Hold Elections | 3/18/2010 | See Source »

...gathered Sunday evening to demand Abhisit call a new election. As they marched, they were cheered on by workers who migrated to Bangkok from rural areas, and ignored or looked at with disdain by middle-class residents of the capital who fear a repeat of the violence the demonstrators wrought during a similar protest last April...

Author: /time Magazine | Title: Amid Massive Protests, Thai PM Won't Step Down | 3/15/2010 | See Source »

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