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...week past the legal deadline for passing a budget, the state has yet to close a $26 billion hole. State workers are - yet again - being told to stay home. The National Park Service is threatening to take back parks it gave to California should the state try to save money by closing them. Taxpayers are getting IOUs in the mail instead of refund checks since there's no cash to pay them what they're owed. You can now buy the IOUs on eBay...

Author: /time Magazine | Title: After California: Which States Are in the Most Peril? | 7/8/2009 | See Source »

...household - the U.S. average is approximately 30 tons of CO2 per year per family. If you can then reduce your emissions, whether by simply using less electricity or by installing energy-efficient technology, like better boilers and compact fluorescent lightbulbs, the site will calculate how much carbon you've saved. Those translate into carbon credits of 1 ton of CO2 avoided. The company certifies the credits and brokers the sale. "This is a system that incentivizes you to save energy on a personal level," says Paul Herrgesell, project manager for My Emissions Exchange. "This aligns with your economic interests...

Author: /time Magazine | Title: Getting Your Slice of the Cap-and-Trade Pie | 7/7/2009 | See Source »

...these first minutes, The Hurt Locker sets its theme and tactics. Its heroes are brave soldiers, sanitation men in a place where the detritus is deadly, and on every mission they risk their lives to save those of a people they may not like and probably don't understand. The opening also tells viewers to proceed warily. At one moment they'll be watching in their seats; then, without warning, it's duck and cover...

Author: /time Magazine | Title: The Hurt Locker: Iraq, With Thrills | 7/6/2009 | See Source »

...Somalia A Nation at the Precipice Somali President Sheik Sharif Ahmed declared a state of emergency after "witnessing the intensifying violence" between Western-backed government forces and al-Qaeda-linked al-Shabaab insurgents. The clashes have claimed hundreds of lives and displaced thousands. Sharif is urging international intervention to save the war-torn state...

Author: /time Magazine | Title: The World | 7/6/2009 | See Source »

...beginning of his professional career, he made a name for himself as the wunderkind who reformed the ailing Ford Motor Co. At the end, he tried to rehabilitate his reputation, as a do-gooder striving to save the globe's poorer nations as head of the World Bank. But Robert McNamara, who died early Monday morning in his sleep at home at the age of 93 (his wife Diana told the Associated Press he had been in failing health for some time), will always be best known for his role as the architect of Washington's failed Vietnam policy...

Author: /time Magazine | Title: Robert McNamara Dies: No Escape from Vietnam | 7/6/2009 | See Source »

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