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...years at war. Yet they also resent the international forces that put that government in power but look away when it doesn't fulfill its duties. And the distance between the people and the government in Afghanistan is ever widening, creating fertile ground for the insurgency to take root even amongst those who welcomed the new government when it first came to power...

Author: /time Magazine | Title: Afghan Corruption a Growing Concern | 3/31/2008 | See Source »

Hillary Clinton's speech on March 24 blamed everybody for the excessive borrowing at the root of this crisis--except the people who did the borrowing. Her proposal to help is a parody of old-Democrat thinking. Thirty billion dollars to states and cities to spend on "everything from police and fire support to graffiti removal and better lighting." She offers a complex plan to renegotiate the terms of troubled mortgages--ultimately with a federal guarantee, which she insists "would cost the taxpayers nothing in the long run." Republicans believe you can cut taxes and bring in more money. Democrats...

Author: /time Magazine | Title: Dumb Money | 3/27/2008 | See Source »

...General Anthony Zinni, the former U.S. central command chief. "They've got to live up to their alliance responsibilities." (Of the 43,250 troops currently in Afghanistan under NATO command, the U.S. has contributed some 15,000, and has another 16,000 in the country under separate command to root out al-Qaeda.) Joe Biden, Democratic chairman of the U.S. Senate Foreign Relations Committee, has put the point starkly. "This was not a war of choice," he said this month, drawing an implied distinction between Afghanistan and Iraq. "It was a war of necessity. Our allies have as much...

Author: /time Magazine | Title: NATO: Alliance Of the Unwilling | 3/26/2008 | See Source »

...today's problems. "The issue is not one of liquidity but one of solvency," says Richard McGuire, a strategist at RBC Capital Markets in London. "It's not the cost of money but the unwillingness of banks to lend to one another owing to uncertainties ... that is the root of the credit crunch." That is, the Fed can drive down interest rates all it wants, but if lenders are charging their clients and one another much higher rates or are refusing to lend at all, you've still got a credit squeeze...

Author: /time Magazine | Title: The Bear Trap | 3/20/2008 | See Source »

...vision in which we look past divisions of nation, race and religion and try to address our shared problems at the source. Acts of terrorism, he said when I saw him in November, usually arise from some cause deep in the past and will not go away until the root problem is addressed. He could as easily have been talking about the demonstrations of discontent being staged in his homeland nearly a half-century since he saw it last...

Author: /time Magazine | Title: A Monk's Struggle | 3/19/2008 | See Source »

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