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...TIME: Why impose emergency rule instead of holding fresh elections? AHMED: Look at what was happening immediately before we came to power. Elections are meaningful if they're held in a free, fair and credible manner and are based on a voter list that is error-free and prepared by a nonpartisan Election Commission. The absence of these conditions resulted in an impasse, which ultimately led to the declaration of an emergency; under the constitution, we were called in as a nonparty caretaker government ... While we are focused on establishing a level playing field, we are also taking measures...

Author: /time Magazine | Title: "Corruption has emerged as a great threat." | 3/22/2007 | See Source »

...driven instead by firms beyond the reach of the feds. Some of these state-regulated mortgage lenders belong to the same corporate families as banks, but they weren't subject to visits from the same finger-wagging federal bank examiners. As a result, the subprime lenders made all manner of dodgy loans, and that could go on only for so long...

Author: /time Magazine | Title: Subprime's Silver Lining | 3/22/2007 | See Source »

...important to remember that the real culprit of this fiscal dilemma is neither fiscal irresponsibility nor inability of the UC leadership to budget their finances appropriately, but rather a vibrant student social life, an efficient FiCom doing its job in a timely manner, and a finite UC budget which will inevitably fall short of the demand for student group funding. So long as there is greater student demand than UC funds can accommodate, something’s got to give. The end-of-the-year grants package cut ensures that the UC handles this shortage consistently, fairly, and predictably, without...

Author: By Lori M. Adelman | Title: FiCom: Measure Twice, Cut Once | 3/21/2007 | See Source »

...Bush and Vice President Cheney spoke with Iraqi Prime Minister Nouri al-Maliki via video conference. Gesturing from a large flat panel screen in the cramped Situation Room, al-Maliki assured Bush and Cheney he was committed to implementing the most recent security plan for Iraq in an "evenhanded manner," according to the White House. That was exactly what Bush and Cheney wanted to hear...

Author: /time Magazine | Title: The Baghdad Balancing Act | 3/21/2007 | See Source »

...really mind-numbing thing, though, is that we let him get away with it—again, and again, and again. This is not so much his failure as it is ours. It’s time that we take responsibility, and demand that he behave in a manner worthy of his office...

Author: By Peter C. D. Mulcahy | Title: Fear and Patriotism | 3/15/2007 | See Source »

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