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...government's recent purchase of part of insurance giant AIG and its bailout of several financial behemoths. It is interesting that the crisis in the capitalist system has been met with the kind of government interference in the economy that was once viewed with dismay. Elliott Wollner, Melbourne...

Author: /time Magazine | Title: Inbox | 10/23/2008 | See Source »

Forensic scientists are testing suspected human remains found in one of the thee crocodiles captured after Booker's disappearance, a three-legged, 14-foot brute. Culprit or not, its life will be spared. To the dismay of Katter and other nostalgic northerners, its next role will be as a stud on a crocodile farm rather than a range of handbags and shoes...

Author: /time Magazine | Title: Going Soft on Crocodile Crime | 10/22/2008 | See Source »

...leading voice of the generation that turned away from Communism to embrace the heady liberalismof the Prague Spring before it was crushed by Soviet tanks. So the recent allegation that, as a student under Communist rule, he informed local police on a young man is being greeted with dismay, and a little disbelief. The author of The Unbearable Lightness of Being and other best selling novels has vehemently denied the allegation, saying that the allegations are an attempt at character "assassination" and that he did not even know the man in question - a Czech-born agent of a Western intelligence...

Author: /time Magazine | Title: Was Milan Kundera a Communist Snitch? | 10/18/2008 | See Source »

...world's finance ministers wring their hands over the global financial crisis, a quieter multilingual chorus of dismay is emanating from the military compounds and foreign offices of one of the planet's most powerful nations. Afghanistan, NATO's first post-Cold War, non-European experiment and the U.N.'s most significant mission to date, has been termed a failure, leading many decision makers to contemplate the unthinkable: negotiations with the very same Taliban leadership that was defeated in 2001. The only problem is, negotiations are unlikely to be successful, and reliance on such stopgap solutions may only make things...

Author: /time Magazine | Title: Facing Reality in Afghanistan: Talking with the Taliban | 10/13/2008 | See Source »

...energy policy - but he doesn't seem to have a comprehensive strategy. (McCain's economic adviser Douglas Holtz-Eakin didn't respond to my calls.) McCain's energy answers are often traditional - drilling for oil offshore, building new nuclear-power plants - and occasionally courageous. To the dismay of most Republicans, he supports a cap-and-trade program to limit carbon emissions, although the candidate himself seems not to fully understand that a hidden carbon tax is involved. McCain's opposition to disgraceful boondoggles like the farm bill, which Obama favored, is a real strength, as is his clarity about...

Author: /time Magazine | Title: The Recession Election | 7/31/2008 | See Source »

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