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...does that translate to the rest of corporate America? The kind of worker they imagine is a worker like themselves. A worker who is constantly retraining, a worker who is constantly networked, a worker whose skill set is very interchangeable, a worker who thinks of downsizing as a challenge - a worker who thrives on this. This becomes the prototype, but in many ways that's quite removed from the daily lives of most American workers. Before this crazy crash of 2008, bankers always landed on their feet, almost always. Job insecurity isn't the same thing for the average American...

Author: /time Magazine | Title: An Anthropologist on What's Wrong with Wall Street | 7/22/2009 | See Source »

...National Health Service was preparing for a worst-case scenario of 65,000 deaths from the flu next winter. To prevent hospital overcrowding, the NHS is planning to allow people who think they might have swine flu to call a telephone line and answer a few questions; those whose answers indicate they might have it will be allowed to receive the antiviral Tamiflu or have a "flu friend" pick it up for them. (The system is available only in England for now - sorry, Scotland.) (See the top five swine...

Author: /time Magazine | Title: Think H1N1 Is Bad Now? Wait Till Flu Season | 7/22/2009 | See Source »

...need an entirely corrupt institution to pull one of these schemes off. You only need a few corrupt managers whose compensation may be tied to the performance of these assets in order to effectively pull off a collusion or a kickback scheme." - Upon the announcement that his office had initiated 20 criminal probes into possible securities fraud, tax violations, insider trading and other crimes relating to TARP-funded companies. (Los Angeles Times, April...

Author: /time Magazine | Title: TARP Watchdog Neil Barofsky | 7/21/2009 | See Source »

...being considered as part of overhauling the health-care system: a dramatic expansion and redefinition of the Medicaid program. Redefining who is eligible for Medicaid would be one of the major means by which lawmakers hope to achieve universal health coverage - which is one of the reasons that governors, whose budgets are already straining under the program's growing costs, are so wary of the idea. "It depends on what's being proposed," says Pennsylvania's Ed Rendell, a Democrat. "These could essentially be unfunded mandates, and would be enormously destructive to state budgets...

Author: /time Magazine | Title: Medicaid and the States: Health-Care Reform's Next Hurdle | 7/21/2009 | See Source »

...Valle believes that kind of pragmatism is exactly what is needed from the Tripartite Forum talks, whose program includes discussions of visas, financial regulations, education and, yes, the environment. "There's an absolute void there, so when you have a catastrophe like the New Flame [a cargo ship that collided with an oil tanker and sank off the Gibraltar coast in 2007], any initiative by anyone only produces more conflict," he says. "In that sense, any agreement that comes out of the talks will be better than what there is now, which is nothing." (See pictures of Spain's Madcap...

Author: /time Magazine | Title: Who Owns Gibraltar? Spain Takes a Step Onto the Rock | 7/21/2009 | See Source »

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