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Marcus Noland, an expert on the North Korean economy at the Peterson Institute for International Economics in Washington, believes that efforts to roll back reform have intensified in the past six months, symbolized by the return of mass-mobilization development strategies that echo the regime's policies of the 1950s. "The whole country and all the people," Kim Jong Il was quoted saying in a January editorial, "should launch a general offensive dynamically, sounding the advance for opening the gate to a great, prosperous and powerful nation...

Author: /time Magazine | Title: North Korea's Other Crisis: An Economy in Tatters | 6/30/2009 | See Source »

Comprehensive energy reform will be even harder to push through Congress in a form that still looks like reform; Agriculture Committee chairman Collin Peterson of Minnesota has already watered down the House version to protect subsidized industrial farmers and their catastrophic ethanol boondoggles, and the legislation faces even rougher rapids in the Senate. But a less ambitious effort to bring the entire country in line with the six states that have already decoupled utility profits from electricity sales - and the 16 that have done the same with natural gas - would be less controversial as well. Most utilities would be delighted...

Author: /time Magazine | Title: The Key to Fixing Health Care and Energy: Use Less | 6/29/2009 | See Source »

...said Representative Mike Doyle, a Democrat who represents a steel-manufacturing district in western Pennsylvania. Doyle was initially leery of the bill, but was brought around by concessions from Energy & Commerce Committee chairman Henry Waxman. Those changes and other last-minute compromises made to appease Agriculture Committee chairman Collin Peterson are "going to go a long way toward getting a lot of those fence-sitters on the Ag committee to become yes votes," Doyle said. Many manufacturers and small businesses are afraid that increased energy prices might make them less competitive on the global market, and Doyle spent much...

Author: /time Magazine | Title: Global-Warming's Rough Ride Through Congress | 6/26/2009 | See Source »

...Peterson led a six-week campaign on behalf of Agriculture Committee Democrats and some fiscally conservative, so-called Blue Dog Democrats - a bloc of 45 votes - against two provisions in the bill. Ending a turf war, Waxman - whose committee has jurisdiction over the Environmental Protection Agency - allowed the Agriculture Department, not the EPA, to oversee a potentially lucrative program to create technology to save energy for farmers (Peterson allowed that the Obama Administration could weigh in on the EPA's role in the issue, if any). And Waxman agreed to bar the EPA for five years from calculating how much...

Author: /time Magazine | Title: Global-Warming's Rough Ride Through Congress | 6/26/2009 | See Source »

...allows clients to opt to avoid such equities through special socially conscious funds. This is an option nearly all insurers now include in their portfolios. "As a TIAA-CREF participant, you do not have to own shares in tobacco companies if you choose not to," says spokesman Chad Peterson...

Author: /time Magazine | Title: How Much Do Life Insurers Profit from Tobacco? | 6/4/2009 | See Source »

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