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...response, retired Orange County Superior Court Judge James Gray, a longtime proponent of legalization, estimates that legalizing pot and thus ceasing to arrest, prosecute and imprison nonviolent offenders could save the state $1 billion a year. "We couldn't make this drug any more available if we tried," he says. "Not only do we have those problems, along with glamorizing it by making it illegal, but we also have the crime and corruption that go along with it." He adds, "Unfortunately, every society in the history of mankind has had some form of mind-altering, sometimes addictive substances...

Author: /time Magazine | Title: Can Marijuana Help Rescue California's Economy? | 3/13/2009 | See Source »

Your Honor, for many years up until my arrest on December 11, 2008, I operated a Ponzi scheme through the investment advisory side of my business, Bernard L. Madoff Securities LLC, which was located here in Manhattan, New York at 885 Third Avenue. I am actually grateful for this first opportunity to publicly speak about my crimes, for which I am so deeply sorry and ashamed. As I engaged in my fraud, I knew what I was doing was wrong, indeed criminal. When I began the Ponzi scheme I believed it would end shortly and I would be able...

Author: /time Magazine | Title: Bernard Madoff's Full Statement to U.S. District Court | 3/12/2009 | See Source »

...First, that scandal, which could yet derail his progress. On March 3, Ozawa's chief secretary, Takanori Okubo, was arrested by the Tokyo District Prosecutor's office on charges of taking, and falsely reporting, illegal political donations from dummy corporations linked to the company Nishimatsu Construction. The donations are alleged to have been funneled through Ozawa's political fund. In a March 7 interview with TIME, Ozawa said that he was "very surprised" by the arrest, and that the case involved merely "errors in the statement of political fundraising records" of the sort that in the past required only...

Author: /time Magazine | Title: Ozawa: The Man Who Wants to Save Japan | 3/12/2009 | See Source »

Other opposition figures did not have time to avoid arrest or harassment. Just before dawn, two burly policemen hurled bricks at the home of Tahira Abdullah, 50, a women's rights activist. "They damaged my kitchen door - they were breaking in and entering," she said moments after her release from an Islamabad women's police station. "It is a sad day for Pakistan when the people we marched with for democracy against the dictatorships of General [Mohammed] Zia ul-Haq and General Musharraf arrest human-rights activists...

Author: /time Magazine | Title: In Pakistan, Zardari's Crackdown Betrays Weakness | 3/11/2009 | See Source »

...Zardari's crackdown, counters that the lawyers are merely fighting for an independent judiciary that will fortify democracy in Pakistan. "We don't want military intervention; we want to strengthen parliament and the democratic system," he told TIME, also speaking by cell phone from an undisclosed location to evade arrest. "Existing examples of democratic government are testament to the fact that you can't have a stable parliament without an independent judiciary - it's a sine qua non. A democratic system will remain weak if there are timorous judges...

Author: /time Magazine | Title: In Pakistan, Zardari's Crackdown Betrays Weakness | 3/11/2009 | See Source »

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