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...close California's massive $26 billion shortfall in July. Many of the protesters believe the constant increase in fees over the past decade is endangering the university's mission as a public university that offers students an outstanding education at a cost that middle- and working-class families can afford. (Read a story about budget cuts at the University of California system...

Author: /time Magazine | Title: California's Budget Crunch: The Universities Protest | 9/25/2009 | See Source »

...anarchist march had started at 2:30 p.m. in a park in the working class Pittsburgh neighborhood of Lawrenceville. The sounds of chanting - "Our city, our streets" - mixed oddly with the jingle of an ice-cream truck trying to make some money off the protest crowd, which was led by a banner reading "No Hope in Capitalism." Bicycle scouts reported police locations to the marchers, who had swarmed around an unmarked police car just a few blocks after their start...

Author: /time Magazine | Title: Cops and Anarchists Clash at G-20 | 9/25/2009 | See Source »

...what does she want to see achieved under health-care reform? In a word: affordability. With her tailored suits and her refined manner, Snowe gives off a sort of wellborn Northeast Establishment vibe. But her background is solidly working class. She was orphaned at 9 when her father, a Greek immigrant and cook, died of a heart attack a year after her mother succumbed to cancer. What drives her as much as anything else is the perspective that comes from representing a small, relatively poor state where the principal effect of well-intentioned, piecemeal efforts at health reform has been...

Author: /time Magazine | Title: Seducing Olympia Snowe: The Key to Health Reform | 9/25/2009 | See Source »

When Japan Airlines (JAL) switched from glass wine bottles to plastic ones in coach class earlier this year, passengers took it as just another sign of the humbling of the country's once-proud flagship carrier. But far greater humiliations were in store for Asia's largest airline by revenue. Beset by a steady erosion of its customer base, high cost structures and a $15.4 billion debt load, JAL lost about $1 billion last quarter and projects a loss of about $700 million for this fiscal year. With nowhere else to turn, JAL CEO Haruka Nishimatsu this week met with...

Author: /time Magazine | Title: Japan Airlines Needs GM-Style Bailout | 9/25/2009 | See Source »

...President, may I ask you about the economy in Iran? During your previous administration, you pursued polices that benefited the poor some would say at the expense of the middle class and that may have contributed to the destabilization of the country, and yet despite that, the economy has been in some difficulty: high unemployment and high inflation. What specifically will you do in this administration to help the economy of Iran? Well, the economic crisis is worldwide of course and nonetheless we are among the countries that have been least effected by this crisis. In the past four years...

Author: /time Magazine | Title: TIME's Interview with Iranian President Mahmoud Ahmadinejad | 9/25/2009 | See Source »

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