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California is the poster child for dysfunctional state finance. A week past the legal deadline for passing a budget, the state has yet to close a $26 billion hole. State workers are - yet again - being told to stay home. The National Park Service is threatening to take back parks it gave to California should the state try to save money by closing them. Taxpayers are getting IOUs in the mail instead of refund checks since there's no cash to pay them what they're owed. You can now buy the IOUs on eBay...

Author: /time Magazine | Title: After California: Which States Are in the Most Peril? | 7/8/2009 | See Source »

...you’re a child, 15 or 16 or 17 years old, and you’re helping your family to survive—well, what is a child in this context?” said Marie Louise Janssen, a lecturer on cultural anthropology at the University of Amsterdam who teaches a course called “The Commodification of the Human Body. “If it’s the difference between surviving and not surviving, who am I to say that you should not be allowed to help yourself...

Author: By Ahmed N. Mabruk | Title: Red Light | 7/8/2009 | See Source »

Bulky design aside, the brick was a defining achievement for Mitchell, a rough-and-tumble manager whose interest in technology was kindled by the Erector set he had received as a child. The seminal phone wasn't a hit, but it placed Motorola at the forefront of the cell-phone revolution...

Author: /time Magazine | Title: John F. Mitchell | 7/6/2009 | See Source »

...James needs the Army. He has to do what he's supremely good at, even if the job carries the imminent risk of death. (He has a wife and child back home, but he keeps re-upping.) Other men have a talent for making bombs; James has a genius for finding and silencing them. It's not just his job; it's his vocation. More than that, for him it's fun. If defusing IEDs isn't a drug for James, it's his headiest, most essential adrenaline. Though his mates aren't crazy about his methods--Sanborn sucker punches...

Author: /time Magazine | Title: The Hurt Locker: Iraq, With Thrills | 7/6/2009 | See Source »

...most vehement condemnation—the Israeli government appears to be making some concessions. But, the problem is that Israel’s concessions on settlement expansion seem thus far to be little more than necessary measures to appease the United States. Like the obligatory discussions between rebellious child and frustrated parent, these actions satisfy for the moment, but ultimately just postpone the issue...

Author: By James K. Mcauley | Title: An End in Sight? | 7/6/2009 | See Source »

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