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...America's financial cathedrals crumbling around him, the billionaire mayor of its biggest city made a power play. Citing a desire to shepherd the country's economic hub through a period of crisis, Michael Bloomberg announced on Oct. 2 that he would ask the New York City Council to amend a 15-year-old law restricting Big Apple mayors to two terms in office. "We have planned for a slowdown in New York, but we may well be on the verge of a meltdown," he said by way of explanation. (See TIME's cover story on Michael Bloomberg here...

Author: /time Magazine | Title: Term Limits | 10/3/2008 | See Source »

...would-be Presidents is that they are Senators not just in name but also by disposition. Americans were angry and confused about the crisis on Wall Street. The moment seemed to cry out for someone to make sense of it all. Instead McCain and Obama explained how they would amend a draft of the bailout legislation. Then they got up the next morning and tried to negotiate a joint statement urging patriotic calm...

Author: /time Magazine | Title: Who Can Lead Us Out of This Mess? | 9/25/2008 | See Source »

Furthermore, since Samak announced four months ago he planned to amend the constitution drawn up by a military-appointed committee - and approved in a national referendum - he and his party have been facing prolonged street protests from opposition that claims the changes are designed to invalidate the legal cases against Thaksin and the current government...

Author: /time Magazine | Title: Thaksin's Wife Found Guilty | 7/31/2008 | See Source »

...statement on the results of the investigation quote Colonel Allen Batschelet, chief of staff of the coalition forces in Baghdad, as saying, "This was an extremely unfortunate and tragic incident ... Our deepest regrets of sympathy and condolences go out to the family. We are taking several corrective measures to amend and eliminate the possibility of such situations happening in the future." According to the press release, the U.S. investigation concluded that "neither the soldiers nor civilians involved in the incident were at fault...

Author: /time Magazine | Title: Incident on Baghdad's Airport Road | 7/26/2008 | See Source »

...when Megan was committing these minor atrocities, she didn't mind the director tagging along. (Hey, Nanette! I'm gonna T.P. some dork's house. Bring your camera and mike!) We may amend Warhol's law to say that everyone will be notorious for 15 minutes and that no one will mind a bit. As ordinary folks spill their guts on Maury and the reality shows, as young stars go picturesquely bonkers for the paparazzi, people may no longer feel embarrassed about anything. It's not indiscretion, it's publicity. The Warsaw kids aren't upset at how they look...

Author: /time Magazine | Title: A Year with American Teens | 7/24/2008 | See Source »

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