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...Treasury is in the process of auctioning hundreds of billions of dollars in debt and this will continue until the government no longer needs capital to run the country and save the world. IRS receipts are already running well below the Administration's forecast. The interest rate that the government will have to pay for money may go up as investors become less comfortable with the federal deficit. The Chinese government, which is the most important single purchaser of US paper, has expressed concern about the profligacy of American spending. No one can tell what the Omega is for government...

Author: /time Magazine | Title: Who's Actually Running the Government's Portfolio? | 5/21/2009 | See Source »

...length of their shifts, a plan endorsed by a lengthy Institute of Medicine (IOM) report in December 2008 that assessed the impact of resident fatigue and proposed a new set of guidelines restricting shifts to 16 continuous hours if no rest is granted, mandatory uninterrupted five-hour naps for longer work sessions, lighter workloads and more oversight from experienced physicians. (The current standards set in 2003 by the Accreditation Council for Graduate Medical Education, or ACGME, mandate 80-hour average workweeks, with no shift to exceed 30 hours.) (See the most common hospital mishaps...

Author: /time Magazine | Title: Are Medical Residents Worked Too Hard? | 5/21/2009 | See Source »

...would be to shorten residents' workweeks while lengthening the term of the residency overall. In Roshanravan's native Switzerland, where she attended medical school subsidized by the government, she says the family-medicine specialty takes five years, not three as in the U.S. But that would require an even longer postgraduation period of low pay and accrual of debt in this country. "I don't think people want to have to wait to pay off all of that debt," says Roshanravan...

Author: /time Magazine | Title: Are Medical Residents Worked Too Hard? | 5/21/2009 | See Source »

...three words: Just say no. This time around, however, the clamor for fundamental change of a system that covers too few and costs too much has grown to the point where the minority party knows that simple obstructionism is a dangerous route to take. "The status quo is no longer acceptable," political strategist Frank Luntz wrote in a confidential memo to congressional Republicans earlier this month. "The overwhelming majority of Americans believe significant reform is needed - and they see Republicans (and the insurance companies) as the roadblock. If the dynamic becomes 'President Obama and congressional Democrats are on the side...

Author: /time Magazine | Title: The Republicans Weigh In with a Health-Care Plan | 5/21/2009 | See Source »

After a lower-enlisted Army whistle-blower who had learned indirectly about U.S. involvement in the crime came forward, Green's three co-conspirators were convicted in military courts, all receiving sentences of 90 years or longer. But because Green had already been discharged (for reasons unrelated to the crime), he was tried in civilian court. It was the first time a former soldier had faced trial - and the possible death penalty - in such a jurisdiction for his actions in a war zone. On May 7, he was found guilty of 16 counts of murder, rape and related charges...

Author: /time Magazine | Title: When a Soldier Murders: Steven Green Gets Life | 5/21/2009 | See Source »

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