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...promise to seek a constitutional way of protecting workers; in 1923, the Supreme Court had struck down a Washington, D.C., minimum-wage law, finding it impeded a worker's right to set his own price for his labor. The first federal minimum-wage law, the Fair Labor Standards Act, passed in 1938, with a 25-cent-per-hour wage floor and a 44-hour workweek ceiling for most employees. (It also banned child labor.) Outside of Social Security, said Roosevelt, the law was "the most far-sighted program for the benefit of workers ever adopted." Wages must ensure a "minimum...

Author: /time Magazine | Title: The Minimum Wage | 7/24/2009 | See Source »

...Federal agents must have felt like those fishermen during the investigation that eventually took down 44 people in one of the largest corruption stings in New Jersey's malodorous history. The FBI did what cops normally do when they catch a thief in the act and don't think he's acting alone - they make him an informant. The informant in this case was a failed developer turned bank-fraud artist named Solomon Dwek, who then hung out his shingle as a bankruptcy fraudster who would launder money or buy off politicians for a small fee. The feds threw Dwek...

Author: /time Magazine | Title: The Beautiful Side of New Jersey Corruption | 7/24/2009 | See Source »

...evidence that the Administration had lied to bolster the case for war in Iraq. Within days, in an effort to discredit Wilson's story, a conservative columnist had revealed the identify of Wilson's wife. Plame's "outing" was seen by her husband and his fellow Democrats as an act of revenge orchestrated by Cheney himself - and the most extreme example of how far an Administration would go to cover its tracks in a war gone...

Author: /time Magazine | Title: Inside Bush and Cheney's Final Days | 7/24/2009 | See Source »

...region, control of these valuable natural resources has allegedly become a lucrative way for warring parties to purchase munitions and fund their fighting. The Global Witness report claims to have followed the supply chain of these minerals from warring parties to middlemen to international buyers. (How the world must act on Congo...

Author: /time Magazine | Title: First Blood Diamonds, Now Blood Computers? | 7/24/2009 | See Source »

...balancing act was always going to be a tough one. Moscow has long opposed NATO expansion and what it views as U.S. interference in its traditional backyard. So when, on the eve of Biden's visit, Georgian President Mikheil Saakashvili reportedly said he was negotiating a new arms deal with the U.S., Moscow grumbled. "We will continue to prevent the rearming of Saakashvili's regime and will take concrete measures against this," said Russian Deputy Foreign Minister Grigory Karasin. "We have deep worries regarding the activity of the Georgian leadership over remilitarizing its country, which several states are responding...

Author: /time Magazine | Title: Biden's Balancing Act in Georgia and Ukraine | 7/24/2009 | See Source »

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