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...None of this comes as much of a shock - at least if you've been watching the news. You don't have to be a former homeowner burned by the housing fiasco or a blue-state voter screaming "I told you so" to agree that the way we pick our leaders is often based on something other than merit. That's not entirely bad, since no matter how competent bosses are, they still have to have the charisma and confidence to persuade people to follow them. Whether they're leading from the Oval Office or the corner office...

Author: /time Magazine | Title: Competence: Is Your Boss Faking It? | 2/11/2009 | See Source »

...hope Chávez is right. Like other poor Venezuelans, they're grateful for the poverty-reduction programs and medical clinics Chávez has lavished on barrios like theirs. The potable water, power lines, subsidized grocery stores, community councils that give average people more political say - they had none of that 20 years ago. Since Chávez's leftist revolution began in 1999, though, Venezuela's oil wealth has been redirected into populist spending programs that keep the poor on side and Chávez in power...

Author: /time Magazine | Title: Hugo Chávez: Man With No Limits? | 2/11/2009 | See Source »

...None of us are looking at layoffs until we see the outcome of the retirement package and whether it’s successful at reducing numbers to a point where we may not have to reduce further," said one meeting attendee, who asked to remain anonymous...

Author: By Esther I. Yi, CRIMSON STAFF WRITER | Title: Harvard To Offer Retirement Incentives Next Week | 2/11/2009 | See Source »

...None of this means Geithner will be a success as Treasury Secretary. He's still got to actually succeed at nursing the financial system back to health. "Hank [Paulson] was in emergency-room care," says Paul McCulley, a managing director and head of the short-term-bond desk at money-management giant Pimco, "whereas Tim is still in emergency-room care but also preparing a room for further care after the emergency." He at least shows signs of having a good bedside manner...

Author: /time Magazine | Title: Justin Fox Reviews Tim Geithner's Big Day | 2/10/2009 | See Source »

Jose Luis Gonzalez, 60, has been called many things - almost none of them nice - in his 40 years working the streets of Lima, Peru's sprawling capital. "They call us vultures or scavengers most of the time, but sometimes they are meaner, saying we are thieves, criminals. It has never been easy work," he says. Gonzalez is one of an estimated 100,000 people in Peru who make a living diving through garbage to collect refuse - paper, metal, glass - that can be resold for a profit. It is a hardscrabble life, but one thing positive may now be handed...

Author: /time Magazine | Title: Peru's Scavengers Turn Professional | 2/10/2009 | See Source »

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