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...Sunday, and by the evening a mortified Dowd had apologized, saying she had not read Marshall's column but that evidently someone she knew had. "I was talking to a friend of mine Friday about what I was writing," she wrote in an e-mail to the Huffington Post, among others, "who suggested I make this point, expressing it in a cogent - and I assumed spontaneous - way and I wanted to weave the idea into my column." The Times amended the Web version and noted the correction...

Author: /time Magazine | Title: Is Maureen Dowd Guilty of Plagiarism? | 5/18/2009 | See Source »

...Forty years ago, Lake Erie, one of the largest lakes in the world, was also among the most polluted. Industries in Pennsylvania, Ohio, and Michigan dumped waste into the water as fast as was necessary to keep their industrial operations working. Lake Erie reached a point where it could hardly support a population of fish. The companies involved were not being malicious as much as they were being brazenly capitalistic. Some of the CEO's who were the heads of the largest polluters may have even been fishermen. They desire to make money trumped their personal feelings. (Read: "Comeback...

Author: /time Magazine | Title: Even Al Gore Can't Bring Attention to the Environment and Recession | 5/18/2009 | See Source »

...superfluous airports, oversized water-treatment plants and a collection of heavily subsidized industrial white elephants, all built at the taxpayers' expense. "Floodlit sheep meadows," grumbles Reiner Holznagel, managing director of the German Federation of Taxpayers. "In every district you can find projects that make you shake your head." Among the most egregious: the now-bankrupt firm Cargolifter, which tried to build a modern Zeppelin airship with tens of millions of government dollars. (See pictures of the Top 10 scared traders...

Author: /time Magazine | Title: What Germany Got for Its $2 Trillion | 5/18/2009 | See Source »

Once the Wall fell, those chemical factories were among the first casualties of reunification. Investors such as Dow, Dell, French oil giant Total and Belgian chemical and pharmaceutical firm Solvay moved in, enticed in large part by the subsidies Germany was offering to companies willing to take the obsolete mammoths off its hands. But welcome as the newcomers were, they quickly shuttered the old plants and hired only a fraction of the workers - about 20% of those who had previously toiled at Buna and Leuna. Unemployment soared as high as 30%. People started to leave Halle to find work elsewhere...

Author: /time Magazine | Title: What Germany Got for Its $2 Trillion | 5/18/2009 | See Source »

German skepticism about the utility of big government-spending programs endures, bolstering Merkel's determination to resist international pressure to take more decisive action to counter the economic crisis. Among those arguing forcefully against any new stimulus packages is the Taxpayers' Federation. Holznagel says that in the early 1990s his organization kept to itself doubts about the big spending on reunification - it was politically foolish to do otherwise. But now, he says, "the situation is completely different. The danger is always that money is spent neither appropriately nor efficiently...

Author: /time Magazine | Title: What Germany Got for Its $2 Trillion | 5/18/2009 | See Source »

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