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...unlikely, however, that the crisis will allow Washington to keep LIHEAP at that level in the next federal budget - making it just as important, say advocates, that one or more U.S. oil companies pitch in alongside Citgo. President-elect Barack Obama pledged during his campaign last year to force something similar: a windfall-oil-profits tax that would effectively make Big Oil fork over an "emergency energy rebate" for low-income households. But as his Jan. 20 Inauguration approaches, Obama seems to be backing...

Author: /time Magazine | Title: Why Can't Big Oil Match Hugo Chávez? | 1/7/2009 | See Source »

...ceramics far enough (-459°F is a good number to shoot for), and they carry electromagnetic charges far more efficiently and for a far longer time than they otherwise would. When the metals are magnetized, they become so powerful that their ability to repel one another can actually allow them to lift heavy objects off the ground. That's the elegant principle behind some kinds of magnetically levitated (maglev) trains. (See the 50 best inventions...

Author: /time Magazine | Title: Learning More About Levitation | 1/7/2009 | See Source »

...ugly as Tuesday's scene was, it may end up buying the Dems enough time to deal with the Burris appointment. Since Blagojevich could be impeached as early as next week, a bureaucratic delay would allow Quinn to then make what would be considered a legitimate appointment. All of this may seem like an internal party squabble, but Democrats say the GOP is waiting in the wings, ready to object to Burris and demand a special election (as Illinois Republicans unsuccessfully tried to do a few weeks ago); given the way Blagojevich has dragged down the local party in recent...

Author: /time Magazine | Title: Burris Denied His Seat as the Senate Drama Continues | 1/6/2009 | See Source »

...argument that Israel's incursion will give the nation an upper hand in any future talks - and allow it to dictate the terms of a new cease-fire - doesn't really wash. Any new truce will be brokered by third parties; while U.S. President-elect Barack Obama chooses to remain silent, France's Nicolas Sarkozy is offering himself for the role. That alone means Israel won't have everything its way. The international outcry over the humanitarian tragedy unfolding in Gaza means the broker will insist that Israel loosen the economic shackles as well as withdraw troops. And when...

Author: /time Magazine | Title: Analysis: How Hamas Wins by Losing | 1/6/2009 | See Source »

...isolating and weakening the radical movement. A cease-fire that ends rocket attacks from Gaza into Israel won't necessarily be a setback for Hamas; the organization has, in fact, demanded such a truce all along, on the condition that Israel and Egypt open the border crossings that would allow a resumption of normal economic life in Gaza. (The crossings have long been closed, as Israel hoped that economic pressure might topple the Hamas regime there.) A cease-fire that fails to reopen the crossings would be deemed a defeat by Hamas, but as long as a truce lifts...

Author: /time Magazine | Title: Despite Gaza Attacks, Hamas Thinks It Has the Upper Hand | 1/6/2009 | See Source »

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