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...that taxpayers may be asked to finance the automakers' survival, the future funding of the trusts becomes a public issue. As one Detroit insider notes, "On the one hand, [Obama] doesn't want to take health care away from autoworkers, but how can he justify a special deal for UAW members when there are 46 million uninsured in the U.S.?" One possible answer is to lower the age of Medicare eligibility for everyone...

Author: /time Magazine | Title: Should Taxpayers Bail Out GM's Retirees? | 11/27/2008 | See Source »

...Beijing unveiled in mid-November will likely add 3 percentage points. (And that was before China's provinces unveiled their own $1.4 trillion bailout plan, which depends on a massive infrastructure-building spree to boost the economy.) Such growth would be unachievable in other economies. But China remains a special mixture of raging capitalism resting on a foundation of state domination. "People who don't follow China on a regular basis can miss some of the underlying drivers of growth," says Arthur Kroeber, a Beijing-based economist, who cites factors such as changing demographics, the adoption of new technology from...

Author: /time Magazine | Title: A Nation Apart | 11/27/2008 | See Source »

...officer Sub-Inspector Lucerio Lay says the PNTL owns no working radios (it relies on the U.N.'s network) and has only 190 vehicles and 271 motorbikes for more than 3,000 police. New radios have been bought from Australia, he says, but they can't be used until special software arrives. While Lay talks, his noisy, cramped office is intermittently blacked out by power cuts...

Author: /time Magazine | Title: Missing the Beat | 11/27/2008 | See Source »

...Faction Victim The force is disunited as well as over-stretched. Edward Rees was a former adviser to Ian Martin, the special envoy to East Timor who was sent by the U.N. to assess the situation after the violence of 2006. Now living in Dili, Rees says there are factions in the PNTL that have not forgotten the fighting. "They are trying to work together now, whereas in 2006 they may have been trying to shoot each other." All the same, he worries that the force lacks the cohesion to deal impartially with a large protest or riot, an ever...

Author: /time Magazine | Title: Missing the Beat | 11/27/2008 | See Source »

...students that America needs to reach out to, because they are going to be the workforce of the 21st century," says Reed. "And they will probably be the group that will be the most at risk" of getting squeezed out by an enrollment cap. (See TIME's special report on paying for college...

Author: /time Magazine | Title: Under Financial Stress, More Colleges Cap Enrollments | 11/26/2008 | See Source »

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