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...year-old Pakistani soldier, it is a simple matter of respect. The soldier, a Major in the Frontier Corps in the mountainous badlands along the Pakistan-Afghanistan border, says recent U.S. military incursions into Pakistan not only breach an agreement between the two countries, but call into question the very spirit of the alliance President Bush says is the most important in the war on terror. "As a Pakistani, nobody likes someone to enter their home. It raises doubts about American credibility and the sincerity of their alliance with Pakistan," says the Major, who asked not to be named because...

Author: /time Magazine | Title: The US vs. Pakistan: With Friends Like These | 10/22/2008 | See Source »

...agency discretion, and may not be reviewed by any court of law or any administrative agency.” In a refreshing act of bipartisanship, both presidential hopefuls have strong reservations about this part of Paulson’s plan. Senator Barack Obama said, “Given the breach of trust we have seen and the magnitude of the taxpayer money involved, there can be no blank check.” In a surprising divergence from President Bush’s sentiments, Senator John McCain proclaimed, “Never before in the history of our nation...

Author: By Nafees A. Syed | Title: Hank Paulson: CEO of America | 9/29/2008 | See Source »

...housing crash and resulting credit crunch are already forcing U.S. households to retrench. Government--fearing disaster if everybody retrenches at the same time--has stepped into the breach. Again, that makes sense in a crisis. But once the panic has passed, the U.S. will simply be steering toward another, even bigger, crisis unless it finds something to replace debt as its No. 1 export...

Author: /time Magazine | Title: America's No. 1 Export: Debt | 9/25/2008 | See Source »

...Vice-presidential candidate Sarah Palin discovered that last week when someone hacked into her Yahoo! e-mail account, gov.palin@yahoo.com, after typing her username into Yahoo! and clicking "Forgot your ID or password?" According to an account of the breach by someone claiming to be the perpetrator, here's what happened next...

Author: /time Magazine | Title: Those Crazy Internet Security Questions | 9/24/2008 | See Source »

...breach between Washington and Caracas matters less to Brazilians than the huge chasm between the nation's rich and poor. Lula, who as an impoverished kid shined shoes on the streets of São Paulo, has pumped some $100 billion into anti-poverty projects like Bolsa Familia (Family Purse), which provide everything from rewards for poor families who keep their kids in school to financing for small farmers and entrepreneurs. As a result, 52% of Brazil's 180 million people now occupy the middle class, up from 44% when Lula took office...

Author: /time Magazine | Title: Brazil Booms by Going Lula's Way | 9/22/2008 | See Source »

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