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...President Obama struggles to pass healthcare reform in the U.S., Europe has worked hard to make health insurance part of "the basic social contract." The human-rights vision of the Council of Europe has also led to the abolition of the death penalty in all 47 member states. It has created monitoring mechanisms, such as our Committee for the Prevention of Torture and Inhumane or Degrading Treatment. Members of this committee regularly visit prisons or places of detention in all member states to check if governments are ill-treating prisoners or detainees. The Council of Europe campaigns to fight other...

Author: /time Magazine | Title: Europe Speaks Back | 3/29/2010 | See Source »

Steve Eisman knew that calamity would eventually come. The hedge-fund manager bet big against the subprime-mortgage market and won. So did Mike Burry, a social recluse who began investing at night during his medical residency. Jamie Mai and Charlie Ledley, two 30-somethings who started trading in a Berkeley garage, "assumed that there was some grownup in charge of the financial system." There wasn't. In The Big Short, Michael Lewis, who chronicled an earlier era of Wall Street excess in 1989's Liar's Poker, tells the story of investors who asked questions that no one else...

Author: /time Magazine | Title: The Skimmer | 3/29/2010 | See Source »

...latest to rack Mexico's most violent city, where an estimated 4,500 people have been killed in drug-related attacks since 2008. With the crime surge increasing public discontent with the government's military-led offensive against cartels, Calderón has promised to redirect some resources to social-reform programs...

Author: /time Magazine | Title: The World | 3/29/2010 | See Source »

...stuff they were teaching me twisted the truth." Inspired by campaign literature, she began to question the "truths" of authorities far more powerful than her college professors. The Federal Reserve Board, for instance. Why had it never been audited? Had it perhaps already bankrupted the U.S.? Or the Social Security Administration. Was it going to collapse before Miller was old enough to collect? Through such questions, Miller gradually arrived at a hard "truth'' of her own. The constitutional rights of all Americans, she believes, are threatened by an overgrasping, irresponsible government...

Author: /time Magazine | Title: The Threat from the Patriot Movement | 3/29/2010 | See Source »

...Americans try to understand the social currents that could wash a homegrown terrorist up to the front doors of the Alfred P. Murrah Federal Building, they are taking a second look at people like Miller. It's not because Miller shows any signs of violent tendencies herself, but because she is one of the disseminators of a virulent antigovernment philosophy that may have helped plant thoughts of insurrection in someone else's head. Miller's own first thought upon hearing of the bombing was, "Oh, my gosh, I hope some idiot calling himself a patriot didn't do this...

Author: /time Magazine | Title: The Threat from the Patriot Movement | 3/29/2010 | See Source »

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