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...resources were directed toward reconstruction activities, partly as a way of absorbing the energies of the tens of thousands of ideologically committed veterans returning from the front, preventing any disruptive political activism. Because the Guard reports to Supreme Leader Ayatullah Ali Khamenei, the bulk of its activities are not subject to parliamentary oversight. This free hand, along with their mandate to patrol the country's borders, has helped members engage in widespread smuggling, according to Iranian analysts. Some of the goods that are smuggled in, such as alcohol, do little harm to the formal economy, as they are illegal...

Author: /time Magazine | Title: Iran's Rich Revolutionary Guard | 9/5/2007 | See Source »

...every college campus, Oprah, Larry King, and so on. America is very good at marshalling all the forces of bullshit in our society toward a noble end, like stopping cruelty to animals or hounding sexual predators. Pressuring young people to "serve" for a year or two is a perfect subject for one of these campaigns...

Author: /time Magazine | Title: National Service? Puh-lease | 9/4/2007 | See Source »

...Nokia can expect more of the same rockiness. TIME also contacted major European carriers Vodafone, T-Mobile and Telefonica O2. None were willing to comment on the delicate subject of Nokia's services push. "Clearly, there are tensions. This puts them on a collision course with some their customers," says Ben Wood, a director with London telecom consultancy CCS Insight. But Wood noted that operators should consider what he called a "greater good" scenario in which customers who buy a Nokia phone through the operator might dip more into the operators own service offerings as well...

Author: /time Magazine | Title: Nokia to Take on Apple at its Own Game | 9/3/2007 | See Source »

...only lenders subject to regular visits from the feds are actual banks and savings institutions, from national brands like Washington Mutual and Wells Fargo to your neighborhood savings bank. They are so closely regulated because taxpayers are on the hook for insuring the safety of their deposits. And so far this year, they've stayed out of big trouble. "The banking industry is in pretty good shape," says Bert Ely, an Alexandria, Va., banking consultant and expert on the S&L meltdown. "What came out of the aftermath of the S&L crisis was a very concerted effort...

Author: /time Magazine | Title: Reward the Good Guys | 8/30/2007 | See Source »

...That's a very touchy subject. He's done the right thing by accepting the plea. He realizes that he has to be accountable for what he has done. We all make mistakes--and I'm sure he will grow from it. Everyone deserves a second chance. We're all human. That's what the world has really lost sight...

Author: /time Magazine | Title: 10 Questions for Terrell Owens | 8/30/2007 | See Source »

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