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...spending to safeguard the financial sector and boost the economy could result in massive deficits and mounting inflation. "People who are buying gold are buying into the argument that the Federal Reserve will not be able to take back all the liquidity it has poured into the market and protect against inflation," says James DiGeorgia, editor of the newsletter Gold and Energy Advisor. (See pictures of modern-day gold prospectors...

Author: /time Magazine | Title: Gold Tops $1,000: Good or Bad Sign for the Economy? | 9/9/2009 | See Source »

...insurance giant Cigna, Potter turned against his old colleagues in June to testify before a congressional committee about what he viewed as the health-insurance industry's "duplicitous" behavior in the current health-reform debate. In his testimony, Potter outlined specific techniques insurers employ to "dump the sick" and protect stock price at all costs. His testimony was logical, specific and convincing, but that's only part of what makes Wendell Potter a perfect turncoat in the eyes of the pro-reform movement. (Watch an interview with Potter on CNNMoney...

Author: /time Magazine | Title: The Making of a Health-Care Whistle-Blower | 9/8/2009 | See Source »

...went south to help out with the Angeles National Forest blaze. As the fire season continues, however, budget cutbacks may force some local fire departments to stop participating in mutual aid. "Local agencies may have no choice but to hold back. A fire department's first responsibility is to protect the home front," says Carroll Wills, spokesman for the state firefighters union...

Author: /time Magazine | Title: Can Budget-Strapped California Afford More Wildfires? | 9/7/2009 | See Source »

...officials abroad when U.S. sex offenders intend to travel and would encourage other countries to keep sex-offender lists and notify American officials about offenders' U.S. travel plans. U.S. law can grab American predators overseas. Sporich, along with Ronald Boyajian, 49, and Erik Peeters, 41, were charged under the Protect Act, which was enacted six years ago to strengthen federal laws related to predatory crimes committed outside the U.S. (A federal magistrate ordered the three held in custody until their arraignment on Sept. 21. Each could face up to 30 years in prison per victim if convicted.) (See the Czech...

Author: /time Magazine | Title: A Move to Register Sex Offenders Globally | 9/7/2009 | See Source »

Commercial sexual exploitation of children is booming, and governments are not doing enough to protect young people, according to a global report released by ECPAT International in August 2009. "The recent economic downturn is set to drive more vulnerable children and young people to be exploited by the global sex trade," says Carmen Madrinan, executive director of ECPAT International. "The indifference that sustains the criminality, greed and perverse demands of adults for sex with children and young people needs...

Author: /time Magazine | Title: A Move to Register Sex Offenders Globally | 9/7/2009 | See Source »

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