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...lead to the "resource curse" - a government-connected élite profits, most people still suffer, and the economy winds up dependent on petroleum and facing inflation from rising oil revenues. Nigeria, for example, ranks in the top 10 of world oil exporters, yet 60% of Nigerians live below the poverty line, and the country's Economic and Financial Crimes Commission has said that the government has stolen or wasted some $400 billion, a fair share of which presumably came from...

Author: /time Magazine | Title: Sucked into a Black Hole | 10/4/2007 | See Source »

...Celebrities enjoy - and sometimes suffer - their own unique version of justice. The press and public intensely scrutinize their cases and the best attorneys money can buy litigate them. Judges, meanwhile, may see an opportunity to make an example of a celebrity in trouble, as L.A. Superior Court Judge Michael T. Sauer apparently did in ensuring that Paris Hilton serve an atypical 23-day jail sentence for driving with a suspended a license. So is Spears and Federline's judge looking to make a statement about neglectful parenting? Odds are he's just being exceedingly cautious, says Joanna Grossman...

Author: /time Magazine | Title: Should Britney Lose Custody? | 10/3/2007 | See Source »

...Surely we would win this year. And we were winning-for the longest time. And then we were losing-spectacularly, with such garish determination that it brought to mind... the 1962 Mets. I embraced the ugliness of the slide, the entropy-propelled avalanche of awfulness. Well, maybe I did suffer a little. But it was a cathartic temps perdu suffering. Immaturity restored, I can now spend the autumn spitefully, rooting against the Yankees, awaiting the false promises of spring...

Author: /time Magazine | Title: Oh, My Mets! | 10/3/2007 | See Source »

...Baptist Sunday school classroom, not far from where he grew up. I wonder if he remembered that day, what we talked about, what was in his heart, and how much hope there was in the room. If he knows his Bible, the President should remember that Jesus said to suffer the little children. This, however, isn't exactly what he meant...

Author: /time Magazine | Title: How Bush Lost Sight of the Children | 10/3/2007 | See Source »

...wrote that he hoped by the end of the term to appoint three faculty members to prepare a report on reforming the Board for his permanent successor. Yet this is hardly enough; we hope that the reform process will be fast-tracked so that students do not continue to suffer under a broken regime. Waiting for a permanent dean is not a suitable excuse to delay. The biggest problem with the current system is that students are often not allowed to appear in person before the Board to advocate for themselves. The board hears three types of cases: petitions, academic...

Author: By The Crimson Staff | Title: Don’t Stall on Ad Board Reform | 10/1/2007 | See Source »

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