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...solace in the aftermath of the killer wave. The wall of water and earthquake extinguished 130,000 lives there, but in its wake came a surprising resolution to a simmering separatist movement that had pitted local rebels against the government in Jakarta for three decades. (Read TIME's 2005 cover story on the Asian tsunami...

Author: /time Magazine | Title: Indonesia's Aceh Passes Stoning Bill | 9/15/2009 | See Source »

...economics is where exactly that point might be. When the Federal Government runs a deficit, it has to borrow money. It does so by selling Treasury securities, ranging from short-term bills to 30-year bonds, on which it pays interest. This is like you or me borrowing to cover a shortfall or buy a house, with a crucial difference: countries are, in theory at least, immortal. They can keep rolling over their debts indefinitely. The U.S., with its centuries-long record of solid credit and steady growth plus its special status as the issuer of the world's favorite...

Author: /time Magazine | Title: America and Its Deficits: Are We Broke Yet? | 9/14/2009 | See Source »

...Keilin and Bloom orchestrated a buyout in which United employees, through their unions, bought a 55 percent stake in the company. The results were staggeringly positive. Worker grievances plummeted while the firm’s productivity and profit margins soared. Previous skeptics appeared to be swayed. BusinessWeek devoted a cover story to the success of worker ownership, including praise from sources as unlikely as a Merrill Lynch analyst and an executive at a rival airline...

Author: By Dylan R. Matthews | Title: Common Equity | 9/14/2009 | See Source »

Read TIME's cover story "The End of Poverty...

Author: /time Magazine | Title: Food Stamps | 9/14/2009 | See Source »

...craft a bill close enough to Shelby's liking so that even if it gets rammed through the committee with Democratic base-pleasing measures he won't vote for, the bill can be reworked to gain his support on the Senate floor. That would give Dodd the political cover he needs for his 2010 re-election campaign, but would also give the Administration the Republican support they need for a solid legislative win. And it would give Shelby his landmark piece of legislation...

Author: /time Magazine | Title: On Finance Reform, Obama's Unlikely Partner | 9/14/2009 | See Source »

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