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...have elected Presidents who were committed, at least on paper, to the principle of universal health care. I think we have failed our system, not the other way around. We send people to Washington to do our work. Sadly, they don't provide us with the results we want. Instead, lobbyists for health-related corporations get what they want. So let us look really hard at our system--and also at ourselves. Tom Edgar, BOISE, IDAHO...

Author: /time Magazine | Title: Inbox | 8/31/2009 | See Source »

...make sense after committing to stay for at least four years, although a lot of assumptions go into that calculation: everything from the property-tax rate to mortgage closing costs to the money spent on homeowner's insurance to the yearly home-price appreciation. If prices stay flat instead of going up 2% a year, it'll take nine years for buying to pay off. One thing not taken into account - which should be - is how you might invest your down payment if not in a house and what return you'd see. (See 10 financial moves to make...

Author: /time Magazine | Title: Own-ward Bound? | 8/31/2009 | See Source »

Goldman's riches have deflected the spotlight from what should be great story fodder: Blankfein's personal journey from one of New York City's poorest neighborhoods to its most élite investment bank - and his astounding rise within Goldman. Instead, he has to explain Goldman's performance - and connections - in the face of the nation's epic financial calamity. (See pictures of TIME's Wall Street covers...

Author: /time Magazine | Title: The Rage Over Goldman Sachs | 8/31/2009 | See Source »

...banking jobs at Dean Witter, Morgan Stanley and Goldman. He did not make the cut in Goldman's famously exhaustive recruitment process (or at the other two firms either). "It wasn't a nutty decision. I was a lawyer," he says. "I didn't have a finance background." Instead, in 1982 he landed a job as a gold salesman for J. Aron & Co., an obscure commodities firm that Goldman had purchased in November 1981 for about $100 million. According to the Wall Street Journal, when Blankfein told his then fiancée Laura - now his wife and the mother of their...

Author: /time Magazine | Title: The Rage Over Goldman Sachs | 8/31/2009 | See Source »

...Instead of sorting through stacks of forms, I'll set my death panel behind huge wooden desks in a big empty room like the audition scene in Flashdance. I know this will make it hard for the sickest people to attend, and that will make my first cut much easier. I will green-light medical intervention on four criteria: cost, likelihood of success, years of life saved and a person's awesomeness. For example, we'd all shell out to keep Justin Timberlake going for another 50 years, but we probably wouldn't kick in much to spot Michael Vick...

Author: /time Magazine | Title: Joel Stein: If I Ran the Death Panels | 8/31/2009 | See Source »

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