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Other economists aren't quite so convinced. Brian Lucey, a professor of finance at Trinity College Dublin, has been one of the most vocal critics of the scheme. "We end up with a situation where we bail out shareholders and bondholders first, then deal with taxpayers, rather than the other...

Author: /time Magazine | Title: Irish Angry Over Big Bailout of the Country's Banks | 10/26/2009 | See Source »

Kishor Tiwari believes the farmers require much more than that. The Nagpur-based activist, whose organization, the Vidarbha People's Protest Forum, has championed the region's cotton growers, says that the package has alleviated some of the farmers' distress. But Tiwari says that more government intervention is needed to...

Author: /time Magazine | Title: Back to the Land: The New Green Revolution | 10/26/2009 | See Source »

His rival, by contrast, is the son of an immigrant father who abandoned his family. A mediocre student who earned a law degree and built a successful legal practice through sheer determination, Sarkozy was, until recently at least, defiantly proud of his lowbrow tastes and crude manner. It connects him...

Author: /time Magazine | Title: Sarkozy and Villepin: A Tale of Two Classes | 10/26/2009 | See Source »

Somewhere, the ghost of Lyndon B. Johnson is smiling. Senator Olympia Snowe's lone Republican vote for health-care reform in the Senate Finance Committee didn't just advance an issue close to LBJ's heart--as President, the Texan signed Medicare into law--it was also a masterstroke in...

Author: /time Magazine | Title: The Moment | 10/26/2009 | See Source »

The AHIP report was the kind of one-sided study that lobbyists sometimes commission to create scary sound bites. It worked. The report analyzed the impact of four narrow features of the Senate Finance bill using a worst-case-scenario model; it concluded, as Ignagni says, that "health care costs...

Author: /time Magazine | Title: Health-Care Grudge Match! | 10/26/2009 | See Source »

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