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...Pakistan tested its first nuclear bomb, was partially responsible for the boost, but Musharraf also privatized key industries and opened up the banking sector. The rapid growth, however, exposed cracks in infrastructure that was failing to keep up. "The economy has been good for big business, good for the per capita averages and good for GDP," says Tasneem Noorani, who served as Secretary of the Interior under Musharraf. "But it has not been good for the common man. We are all waiting for the trickle-down effect...

Author: /time Magazine | Title: Dangerous Ground | 7/10/2008 | See Source »

...Speculation In his essay "Oil Follies," Michael Kinsley notes that if President George W. Bush "had used the political gift certificate he was granted on Sept. 11, 2002," he could have "imposed a $1.50-per-gal. (39¢-per-L) 'War on Terror' tax ... People would have screamed with pain, then started adjusting. Demand would have gone down, and today gas would probably be cheaper" [July 7]. How very clever. But Kinsley had a TIME pulpit in 2001. Why didn't he propose this great idea then? How easy it is to be clever in retrospect - though Kinsley seems less than...

Author: /time Magazine | Title: Inbox | 7/10/2008 | See Source »

...have water, water, everywhere, but much of South Florida's per capita use is 50% above the national average, and we've lost half the wetlands that used to recharge our aquifers. So water shortages threaten to limit growth in a way that wetlands regulations or bad headlines never could. "Florida is astonishingly wasteful," says Cynthia Barnett, author of Mirage: Florida and the Vanishing Water of the Eastern U.S. Now the Orlando area is pushing to suck water out of rivers to its north, local utilities are jacking up water rates as much as 35%, and South Florida's water...

Author: /time Magazine | Title: Is Florida the Sunset State? | 7/10/2008 | See Source »

...fact, those involved with BDSM say the behavior may be linked to success. Mistress Kimberley, an experienced dominatrix in London, says well-paid professionals make up the bulk of her clientèle; they fork over between $300 and $500 per hour for services ranging from a "sensual tie and tease" to "severe bondage and domination torture." Her clients' high-powered lives make them eager to submit. "They're running multimillion-dollar companies and make decisions all day, every day," she says. "They genuinely want to be submissive. They want somebody to treat them like...

Author: /time Magazine | Title: Just A Little Harmless English S&M | 7/10/2008 | See Source »

...illegal immigrants and not paying their taxes. I confessed I didn't know much about our gardener's citizenship status, given that I tape a $100 check to my door every month that is made out to simply "Rafael." It turns out I'm safely below the $1,000-per-quarter exemption for both Rafael and my housekeeper. Apparently, America doesn't care if its Vice President horribly exploits workers...

Author: /time Magazine | Title: A Heartbeat Away | 7/9/2008 | See Source »

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