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...part on a promise to seek a constitutional way of protecting workers; in 1923, the Supreme Court had struck down a Washington, D.C., minimum-wage law, finding it impeded a worker's right to set his own price for his labor. The first federal minimum-wage law, the Fair Labor Standards Act, passed in 1938, with a 25-cent-per-hour wage floor and a 44-hour workweek ceiling for most employees. (It also banned child labor.) Outside of Social Security, said Roosevelt, the law was "the most far-sighted program for the benefit of workers ever adopted." Wages must...

Author: /time Magazine | Title: The Minimum Wage | 7/24/2009 | See Source »

Palin, just-plain-old-ordinary-citizen-after-Sunday Sarah • editor at Vanity Fair turns resignation speech of into actual English • formation of slush fund by may have violated ethics laws • hairdresser of suddenly starts tweeting about how full of lies the New York Times story about was - especially the part about the thinning hair of - a week after e-mailing the writer, "Thank you so much for the article!! It was perfect!" • less politically correct tweets are promised by • one last look at how nothing is ever the fault...

Author: /time Magazine | Title: This Preposterous Week! Paul Slansky's News Index | 7/24/2009 | See Source »

BATA, Equatorial Guinea — This country is a frightening place for foreigners. With a booming oil rush and billions in American petrol companies’ investments, it is fair to say that the government has no real need for a tourist industry. This became very clear to me on my fourth night in the tiny central African nation...

Author: By James A. Mcfadden | Title: The Accidental Tourist | 7/23/2009 | See Source »

...eventually impose trade sanctions on countries that did not accept binding emissions targets. The passage was inserted to appease members of Congress who worried that a carbon cap would lead to the migration of energy-intensive industries from nations with emissions limits to those without them. That restriction seems fair - until you realize that many of the products exported from countries like India and China, with lower environmental standards, are sent to rich countries like the U.S. (Watch an interview with Energy Secretary Steven...

Author: /time Magazine | Title: Climate Conundrum: How to Get India to Play Ball | 7/21/2009 | See Source »

...like the U.S. to move first and move most - and the good news is that Obama seems ready to do so. Still, those efforts will come to naught unless countries like India do their part as well - with a lot of help from the developed world. It's not fair, but it is true...

Author: /time Magazine | Title: Climate Conundrum: How to Get India to Play Ball | 7/21/2009 | See Source »

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