We hear over and over about the federal bailout of the financial industry. But what tends not to be said is that it is our tax dollars--yours and mine--that will be doing the work. A friend of mine mentioned a novel proposal: the executives of these financial companies who are getting federal dollars should not make any more than the $400,000 that we pay the President of the United States. After all, the President works for the American citizen, and now the American citizen is bailing out the high-flying executives of these financial-service companies that squandered billions of dollars. It makes...
Focal Points
In this issue, TIME's reporters look at two of the major challenges facing America: the economy and the state of our public schools
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