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...There’s one major problem with these versions of the story, however. While the outcomes in this case may have been extreme, the “greed” that Obama blames is nothing new. Rather, it is inherent in the market itself. Wall Street CEOs and financial kings have never had any professional interest other than making as much money as possible. And, until now, we thought that was just fine...

Author: By Shankar Ramaswamy | Title: Greed Is Good | 2/8/2009 | See Source »

...reproductive health abroad. The first objection is groundless. The rules had no effect on the size of appropriations; they merely redirected funds and resources formerly given to non-compliant groups to those that accepted the provisions. The second has some footing. When the policy came into force some major reproductive health providers, particularly some affiliates of the International Planned Parenthood Federation refused to participate, although 44 ultimately chose to. This intransigence, however, was entirely self-imposed and absurdly doctrinaire—after all, the federation does claim to advocate for a universal right to abortion on demand from puberty onward...

Author: By Roger G. Waite | Title: The Road Down from Mexico City | 2/8/2009 | See Source »

...Petraeus says. "Yet he never stopped driving the roads, walking patrols, and going on missions with our troopers." (Mellinger's 33-month Iraq tour was punctuated by 27 roadside bombings, including two that destroyed his vehicle, although he managed to escape injury.) Mellinger now serves as the Command Sergeant Major, the senior enlisted man in the Virginia headquarters of the Army Materiel Command, trying to shrink what he calls the "flash-to-bang time" between recognizing what soldiers need and getting it to them...

Author: /time Magazine | Title: America's Last Draftee: "I'm a Relic" | 2/7/2009 | See Source »

...proudest moments are watching those he trained climb the military hierarchy themselves. "I can think of several soldiers who went on to become command sergeants major who were privates when I was either their squad leader or their drill sergeant," Mellinger says. But such memories also trigger his lone regret. "I wish I were as smart as I thought I was when I was moving into those duty positions...

Author: /time Magazine | Title: America's Last Draftee: "I'm a Relic" | 2/7/2009 | See Source »

...China over the past seven months has been at the receiving end of adverse trade measures by other major trading partners. In December, the E.U. imposed anti-dumping duties on Chinese screws and bolts. In June, the U.S. imposed anti-dumping duties on four Chinese product categories including steel pipes, a move that prompted China to lodge a complaint with the WTO. But according to Vineet Aneja, partner at Delhi-based corporate law firm FoxMandal Little, India may have difficulty defending its case in any WTO action. "The WTO may not uphold the ban since not enough reason has been...

Author: /time Magazine | Title: India Launches a Toy Trade War With China | 2/6/2009 | See Source »

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