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...There is no doubt that the banks and other speculators need accountability and transparency. But smaller speculators - like hedge funds and other trading firms - play a role in maintaining liquidity and reducing the impact that oil suppliers have in participating in the market. Those speculators might benefit from volatility, but without them there would be even more volatility, resulting from radically rising prices. (Read "Black Gold on the Last Frontier...

Author: /time Magazine | Title: Why There Should Be More Oil Speculation, Not Less | 7/10/2009 | See Source »

...biggest impact Obama makes during his trip to Africa might be the enormous accomplishment he has already achieved - getting elected President. Even though that alone will not be enough to oust dictators and usher in new democracies, it is sure to keep Diarra singing out of the window of his taxi, "O-bama! O-bama...

Author: /time Magazine | Title: Welcome to OBamako: Africa Awaits Obama's Return | 7/9/2009 | See Source »

...does it help you relate to air-strike victims? Because you affect several different populations if you make a mistake like that. First you affect one village, and you have got to first think, What is the impact, and what can I do about it? And you have got to think, How do they perceive it? Do they know we made a mistake, or do they think we don't care? And so we have to communicate that to them in a way that is understandable. And we have to understand that they don't understand. If we just...

Author: /time Magazine | Title: TIME's Interview with General Stanley McChrystal | 7/8/2009 | See Source »

...stand and fight against Afghan and coalition forces. They have found a tactic that can be employed by anyone, any age, any sex, whatever. More importantly, we have to look at what this tells us about their capabilities and intent. We know that IEDs have a tremendous psychological impact on everyone - on the population, on the coalition forces, on the ANSF. We also know they inhibit freedom of movement. So to the degree that they stop you or hinder you from going into an area, they can protect sanctuaries for insurgents. So what we are looking at hard right...

Author: /time Magazine | Title: TIME's Interview with General Stanley McChrystal | 7/8/2009 | See Source »

...sudden shock of losing people. But if you read the circumstances of every servicemember's death, it makes you think about what you are doing here. It stops being a number and becomes a person. If you write their next of kin, it makes you realize the impact on them as well...

Author: /time Magazine | Title: TIME's Interview with General Stanley McChrystal | 7/8/2009 | See Source »

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