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...happens that for most of his life, what Carver knew best was hardship, both physical and psychological. In his short stories--tight-lipped parables of abjection that became hugely influential in the 1980s--life is a kind of nonstop distress sale. The apartments are shabby; the rent is unpaid; the living room furniture has been carried outside and strewn across the lawn. The people seem dislocated too, even when they're stuck in one place, licking their wounds and drinking hard...

Author: /time Magazine | Title: Man of Constant Sorrow | 11/23/2009 | See Source »

...allow things like overdraft services to systematically take advantage of people’s laziness or bad habits. Either way, the outcome is predatory. There is no other word to explain the fact that Americans carry an average of eight credit cards and as much as $10,000 in unpaid balances and that, as a country, our collective credit-card debt now tops $960 billion. To shame that these costs fall on the shoulders of those who are least well positioned to shoulder them...

Author: By Clay A. Dumas | Title: House of Cards | 11/20/2009 | See Source »

Many Dorm Crew workers use their wages to pay for summer programs abroad, or to supplement unpaid internships, says Wolfreys...

Author: By Jillian K. Kushner, CRIMSON STAFF WRITER | Title: Dorm Crew Imparts Practical Benefits | 10/29/2009 | See Source »

...smuggling charges and for watching the videos, it has relaxed sentences for offenders who only do the latter. Ten years ago, that particular crime carried a sentence of five years in a prison camp; today, enemy-propaganda watchers are usually handed a sentence of three months or less of unpaid labor, according to two refugees in Seoul. The shift may not have been an ideological one: Myung, who served in the North Korean police just last year, says that the regime made the decision because it couldn't afford to send so many people to prison camps. (See rare pictures...

Author: /time Magazine | Title: Soap-Opera Diplomacy: North Koreans Crave Banned Videos | 10/29/2009 | See Source »

...even that wasn't enough. Next month, the Irish government is set to formalize a highly controversial bailout plan in which a National Asset Management Agency (NAMA) would be created to remove the unpaid, property-linked debts from the banks' balance sheets. If approved by Parliament, which appears increasingly likely, NAMA would spend some $81 billion of taxpayer money to buy loans worth an estimated $70.5 billion at current market value. The so-called bad bank, as NAMA is sometimes called, will then manage the loans on behalf of the state for the next decade, by which time, the government...

Author: /time Magazine | Title: Irish Angry Over Big Bailout of the Country's Banks | 10/26/2009 | See Source »

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