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...Munoz blames Transantiago's woes on a lack of infrastructure (there are very few bus lanes, for example), inadequate information, and the government's steadfast refusal to subsidize the project from the outset. Still, with so much anger on the streets, the government simply cannot afford to hike fares to meet the shortfall, even though the system is losing money. Instead, it keeps asking parliament to approve additional funding. In June, Congress agreed a cash injection of $290 million, but last month refused to approve further funds...

Author: /time Magazine | Title: The Mass Transit System from Hell | 12/14/2007 | See Source »

...Evacuating oneself, as it turns out, sucks. The hike out is a wet blur in my memory, except for when we had to ford a flooded river using ropes in a sort of life-or-death trust fall. In testimonials printed on FOP’s promotional materials, this should have been the moment when I rose to the challenge, mastered my fear, and remained changed forever. In real life, I shouted a few profanities as my grip on the rope slipped and the team leader was forced to lug me across the river with...

Author: By Liz C. Goodwin, CRIMSON STAFF WRITER | Title: Failure to Thrive | 12/12/2007 | See Source »

...Street Journal editorial writer Jude Wanniski were Cheney, then the deputy chief of staff to Republican President Gerald Ford, and Laffer, who was teaching at the University of Chicago's business school after a stint in the Nixon White House. In trying to explain to Cheney why a tax hike mooted by the President might not be such a great idea, Laffer drew a chart on a napkin that showed government revenues increasing as the tax rate moved up from 0% but then turning around and heading back toward zero as it neared...

Author: /time Magazine | Title: Tax Cuts Don't Boost Revenues | 12/6/2007 | See Source »

...Monday, Sept. 24, this year, the army brutally cracked down on an estimated 100,000 protestors in Rangoon. Foreign diplomats estimate that several hundred, including many monks, were shot or bludgeoned to death by the army. The protests had started a month earlier due to the steep hike in fuel prices, and gathered massive momentum when the junta refused to apologize for firing over the heads of protesting monks in Pakokku on Sept...

Author: By Manish Bhardwaj | Title: The Failed Saffron Revolution | 12/2/2007 | See Source »

...characters discover an authentic holiday outside the usual traditions--as when Ralphie and family, their turkey devoured by the neighbor's dogs, discover "Chinese turkey" (Peking duck) at a chop-suey restaurant. It's the individual Christmas that matters. Bedford Falls can take a hike...

Author: /time Magazine | Title: Generation X-mas | 11/29/2007 | See Source »

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