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Soon enough, I became a regular customer. I’ve had a few drivers who see the sidewalk as an extension of the street and some who find the speed limit impossibly slow, but I’ve yet to meet the lewd thief I was so sternly warned about. Though I’m sure he exists, over two months I’ve met many more Yoweris, young and earnest men from up country, just trying to make a living in the city, and perhaps cutting a few corners in the process...

Author: By Asli A. Bashir | Title: Cruisin’ with the “Boda Boda” Man | 8/11/2009 | See Source »

...quickly abandoned as unworkable. A 1993 attempt by Congress and the Clinton Administration to rein in executive pay by not allowing corporations a tax deduction on executive salaries above $1 million turned out to be an object lesson in unintended consequences. Because it exempted performance-based pay, the new limit accelerated an already-in-the-works shift toward using stock options as the main piece of executive compensation. Far from being reined in, executive pay - with help from a bull market in stocks - skyrocketed. (See pictures of TIME's Wall Street covers...

Author: /time Magazine | Title: Should Executive Pay Be Regulated? | 8/10/2009 | See Source »

...months. "Our investigators are seeing an increase in families who as part of the initial shock they're going through are verbalizing to us, 'What am I going to do? I can't pay the rent. My car is being repossessed,' or whatever. 'Our finances are at the very limit,'" says Murphy. "This problem used to be unique to just indigents who either had no family or were living on the street or homeless. We are now seeing folks expressing this concern who are recently unemployed or their house is in foreclosure, so it's not just what you would...

Author: /time Magazine | Title: Death in the Recession: More Bodies Left Unburied | 8/7/2009 | See Source »

...return for the support of one potential foe, the pharmaceutical industry, the Obama Administration reportedly made a side deal to limit drug spending cuts in any health-care reform bill to $80 billion. According to the New York Times, the Administration reaffirmed the deal after the drugmakers expressed concern that Congress might push for even bigger cuts...

Author: /time Magazine | Title: What Insurers Are Trying to Get Out of Health Reform | 8/6/2009 | See Source »

...remember all the high-fiving each other [after passage of] portable health care in 1996," said Emanuel before adding, "It's been empty." Although HIPAA prohibited insurers from denying coverage on the basis of pre-existing conditions, it didn't limit how much insurers could charge in premiums. The result: insurers in states without premium caps were charging those with pre-existing conditions as much as 464% of standard premiums, according to the Government Accountability Office. (Other researchers found examples that were even more egregious, including a Colorado insurer charging premiums as much as 2,000% of normal rates...

Author: /time Magazine | Title: What Insurers Are Trying to Get Out of Health Reform | 8/6/2009 | See Source »

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