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Tsvangirai's strategy is premised on the idea that any improvement in the economy will be credited to him and will give him a boost in the next elections. He also hopes to circumvent Mugabe's patronage system by setting up a trust that can be funded by foreign donors but remain inaccessible to Mugabe...

Author: /time Magazine | Title: Zimbabwe: Time to Stay Tough | 7/23/2009 | See Source »

...Obama Administration would somehow link bonuses to long-term corporate productivity or long-term shareholder value - long-term meaning four to five years instead of five months or a year - and reinstate the Glass-Steagall Act [that separated investment and commercial banking]. These are big reforms, but they'd give you a more stable landscape to make even more changes. Part of what I learned is that the very kinds of daily practices that created the boom in the first place - wanting to book as many deals as possible for short-term bonuses, a workplace structured so that they...

Author: /time Magazine | Title: An Anthropologist on What's Wrong with Wall Street | 7/22/2009 | See Source »

...August recess, congressional leaders say privately that it's going to be all but impossible to meet that deadline. That in and of itself poses a new danger, which is why the White House has been so focused on hurrying along the process: a monthlong break would give opponents ample opportunity to pounce, while lawmakers are at home in their districts. "Right now, we're losing the messaging war," says Senator Chris Dodd, who, in the absence of ailing chairman Ted Kennedy, led the Senate Health, Education, Labor and Pensions Committee's successful effort to produce a bill...

Author: /time Magazine | Title: Obama's Health-Care Push: Congress Says It's About Time | 7/22/2009 | See Source »

...more than two hours with the Blue Dog faction. At the end of the session, the Blue Dogs agreed to press House leaders to include in the bill a provision that would take the job of setting Medicare rates out of the hands of Congress and give it to an independent agency. Presumably, that agency would have more expertise and be less susceptible to political pressure. Obama Budget Director Peter Orszag has called such a move a "game changer" that could bring down health-care costs, though no one has a precise estimate of how much could be saved...

Author: /time Magazine | Title: Obama's Health-Care Push: Congress Says It's About Time | 7/22/2009 | See Source »

...were told that our big brother India is so rich, and we are dying of poverty and hunger. My father sells dahi wada [a popular fried bean dish] on a stall in Lahore, and we did not even get enough food to eat from his earnings ... If you give me regular meals and money, I will do the same that I did for them." - during videotaped interrogations the night he was arrested (ABC News...

Author: /time Magazine | Title: The Mumbai Attacks' Surviving Gunman | 7/22/2009 | See Source »

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