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...seen lately are the weeds sprouting in the parking lots of abandoned malls. Unemployment is marching toward 10%, and house foreclosures are still rising. If you're a day late with your credit-card payment or overdrawn by a few bucks on your ATM card, the bank (which your tax money helped bail out) is still sticking you with obscene fees and charges. Hence the question that so many of us are asking: Where's my bailout? (See 25 people to blame for the financial crisis...

Author: /time Magazine | Title: What's Still Wrong with Wall Street | 10/29/2009 | See Source »

...True, perhaps, but if Americans are tampering with that evidence for short-term gain, there probably won't ever be one. Notorious American gangster Al Capone, it must be remembered, was never successfully charged with smuggling, gun-running or murder. Eventually of course, he was brought to justice - for tax evasion. Unfortunately, there are no such laws in Afghanistan...

Author: /time Magazine | Title: Karzai's Problem Brother: Drugs, Spies and Controversy | 10/28/2009 | See Source »

...ability to do so stemmed from an implicit interpretation of the Constitution's requirement that the government "provide for the common defense and general welfare" of the nation. In 1794, President George Washington personally commanded a militia and used it to suppress a rebellion against a federal whiskey tax. Although he did not use the term national emergency, the Whiskey Rebellion was the first instance in which a President gave himself a one-time use of additional power. Abraham Lincoln took emergency action against the Southern states that seceded from the Union. Congress was not in session when he took...

Author: /time Magazine | Title: National Emergencies | 10/27/2009 | See Source »

...that's all about defaults and other noncoercive policies that can promote desired behaviors. The Administration has pushed one nudge after another, from simplified financial-aid forms after studies showed they could increase college-attendance rates to automatic savings plans for small businesses. It even doled out our payroll-tax cuts in the stimulus bill by decreasing our weekly withholding rather than cutting us big lump-sum checks, because the research suggested we'd be less likely to notice it and more likely to spend...

Author: /time Magazine | Title: The Public Option: Let's Not Opt Out and Say We Did | 10/27/2009 | See Source »

...excise tax is just one of many ways the government and employers are hoping to change employee behavior. The days of paying a $15 or $25 co-pay for a visit to a specialist are slowly being replaced by co-insurance, a throwback to old-fashioned indemnity plans in which patients pay 10%-20% of the actual cost of each doctor's visit, lab test, procedure or prescription. When it comes to employee health, companies are going to stress "personal responsibility," says Kent Lonsdale, an executive vice president with the consulting firm Gallagher Benefit Services...

Author: /time Magazine | Title: Employer-Based Insurance: Paying More, Getting Less | 10/26/2009 | See Source »

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