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...paying the price for Wall Street's excesses. Some of the cost is being paid by prudent people, like retirees who have saved all their life. They're now getting ridiculously low rates of 2% or so on their savings because the Federal Reserve has cut short-term rates in an attempt to goose the economy and reassure financial markets. Taxpayers are going to get stuck too. By the estimate of William Poole, former head of the St. Louis Fed, bailing out the creditors of the two big mortgage firms, Fannie Mae and Freddie Mac, could cost taxpayers $300 billion...

Author: /time Magazine | Title: How Financial Madness Overtook Wall Street | 9/18/2008 | See Source »

...ratio of maternal deaths to babies born has barely budged in poor countries. To be sure, maternal health has seen advances, with new drugs to treat deadly postpartum bleeding and pregnancy-related anemia. But in many places, such gains are dwarfed by a multitude of problems: scattershot care, low pay for health workers and a scarcity of midwives and doctors. In Mozambique, where women have a 1 in 45 lifetime chance of dying in childbirth, there are just 3 doctors per 100,000 people; in all of Sierra Leone, there are 64 government doctors, only five of whom are gynecologists...

Author: /time Magazine | Title: Death in Birth | 9/18/2008 | See Source »

...well might. But international officials say governments often lack the political will--as well as the money--to tackle the issue, perhaps because there are too few women politicians to push it. Monir Islam, director of the maternal-health program of the World Health Organization in Geneva, calls governments' low level of investment in reducing deaths in childbirth a "sinful neglect...

Author: /time Magazine | Title: Death in Birth | 9/18/2008 | See Source »

...degree from St. John's University. After working as an assistant U.S. attorney, he was elected to the New York State Assembly and then Congress in 1970. He was a founding member of the Congressional Black Caucus and has championed many causes in the House, including low-income housing in urban communities and divestment from U.S. companies operating in South Africa during apartheid. He and his wife Alma have two children...

Author: /time Magazine | Title: Charles Rangel | 9/17/2008 | See Source »

...with every new piece of information." In the Democratic primaries, they came out in force for Hillary Clinton. Many say they wish Obama had put her on the ticket, but on the issues, they still tilt toward the Democrats. Given their worries about the direction of the country, their low regard for the current occupant of the White House and the fact that women voters normally trend more Democratic than men do, Obama has some reason to believe he should carry the maxed-out-mom vote in the general election...

Author: /time Magazine | Title: Maxed-Out Moms: The Battleground Voting Bloc | 9/17/2008 | See Source »

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