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...state would have been quite widespread among Czech students of the time. "It falls within the context of that era," says Ondrej Tuma, director of the Institute for Contemporary History . "The Czechoslovak society, and especially the young people, the intellectuals, were crazy about the Communist ideology. They were absolutely serious about it, including the propaganda and spy-mania. Thousands and thousands of young people would have acted the same...

Author: /time Magazine | Title: Was Milan Kundera a Communist Snitch? | 10/18/2008 | See Source »

...banking and financial markets risked total collapse in the face of the toxic credit crisis, government rescue plans detailed this week in both the U.S. and Europe mostly allayed those concerns, sparking surges on Monday and Tuesday. Market plunges since then came in the wake of negative news indicating serious slowing of American economic activity...

Author: /time Magazine | Title: Global Markets: Is Volatile the New Normal? | 10/17/2008 | See Source »

...Pass a stimulus that works. Helping Wall Street and stopping the foreclosures are only part of the solution. The U.S. economy is headed for a serious recession and needs a big stimulus. We need increased unemployment insurance; if states and localities are not helped, they will have to reduce expenditures as their tax revenues plummet, and their reduced spending will lead to a contraction of the economy. But to kick-start the economy, Washington must make investments in the future. Hurricane Katrina and the collapse of the bridge in Minneapolis were grim reminders of how decrepit our infrastructure has become...

Author: /time Magazine | Title: Nobel Laureate: How to Get Out of the Financial Crisis | 10/17/2008 | See Source »

...favor recordings prior to his most recent tour—a much more subdued affair than is apparent on a rousing 2002 cut of “Lonesome Day Blues.”To a certain extent, any release from the Bootleg Series is useless to all but the serious Dylan fan. Over the years, Dylan’s studio albums have evolved into institutions of their own—even that commercial joke and critical gaff, 1970’s “Self Portrait,” looms mythic in the catalogues of completists?...

Author: By Ryan J. Meehan, CRIMSON STAFF WRITER | Title: Bob Dylan | 10/17/2008 | See Source »

...must get permission from factory owners to inspect an industrial site. And when a company is found to be illegally discharging wastewater, the fines are too low - Vedan was fined several times in the past for a total of $1,400 - to be a deterrent. "I gave evidence of serious pollution from these factories, particularly Vedan, in 1994," says Canh. "But the relevant state agencies have let those violations continue for years...

Author: /time Magazine | Title: Vietnam Cracks Down on Polluters | 10/17/2008 | See Source »

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