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...This democratic flowering has a downside: it has sparked seemingly endless turf warfare between Jakarta and the country's provincial and local governments. The sparring often results in conflicting regulations, uncertain lines of authority and onerous tax burdens. Contributing to this hostile environment are corruption, a capricious legal system and local suspicion of foreign companies, which are often viewed as carpetbaggers rather than investment partners. Not that Indonesia is a complete pariah to outside investors. Foreign direct investment (FDI) has increased in recent years as the economy has improved. But reform is required, economists say, if Indonesia is to become...

Author: /time Magazine | Title: What's Holding Indonesia Back? | 9/11/2008 | See Source »

...Indonesians these days are definitely making themselves heard, even in the thatch-hut hamlets surrounding the Archipelago mine. Some in the community, like village headman Marten Katiandagho, believe that preserving the environment is all well and good, but that the area also badly needs the jobs and the tax dollars the mine will bring. "People need to eat," he says. But other villagers have battled Archipelago ferociously, even forming their own NGO, called the Alliance of People Against Mining Waste, to stage protests and lobby in Jakarta. Says Tajudin Hema, one of the leaders of the antimine group...

Author: /time Magazine | Title: What's Holding Indonesia Back? | 9/11/2008 | See Source »

...name is the butt of a joke, the source of a laugh and the title of a scandal.' JACK ABRAMOFF, former Republican lobbyist, before being sentenced to four years in prison for corruption and tax evasion...

Author: /time Magazine | Title: Verbatim | 9/11/2008 | See Source »

...Enter Reagan. His vision of the future was the past. He offered the temporal pleasures of tax cuts and an unambiguous anticommunism, but his real tug was on the heartstrings - it was "Morning in America." The Republican Party of Wall Street faded before the power of nostalgia for Main Street ... at least a Main Street that existed before America began losing wars, became ostentatiously sexy and casually interracial. In his presidential debate with Jimmy Carter, Reagan talked about an America that existed "when I was young and when this country didn't even know it had a racial problem...

Author: /time Magazine | Title: Sarah Palin's Myth of America | 9/10/2008 | See Source »

...substance. But Americans like stories more than issues. Policy proposals are useful in the theater of presidential politics only inasmuch as they illuminate character: far more people are aware of the fact that Palin put the state jet on eBay than know that she imposed a windfall-profits tax on oil companies as governor and was a porkaholic as mayor of Wasilla...

Author: /time Magazine | Title: Sarah Palin's Myth of America | 9/10/2008 | See Source »

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