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...elsewhere have launched massive--and often brilliantly executed--campaigns to promote their wines across the planet. They have ramped up production and introduced a new generation of consumers to inexpensive, fruity wines with labels that are easy to understand, and, in the process, run off with a colossal amount of business...

Author: /time Magazine | Title: The Big Spill | 10/16/2006 | See Source »

...Numbers $1.65 billion Amount paid by Google to acquire the video-sharing website YouTube last week $11.5 million Amount paid by venture-capital firm Sequoia Capital for an estimated 30% of YouTube. The Google acquisition values its stake at $495 million, a 43-fold return on the investment...

Author: /time Magazine | Title: Milestones | 10/16/2006 | See Source »

...also contradicting our office's own spin. In an effort to divert attention from all the money that wasn't being given to faith-based groups, we had come up with the idea of highlighting the amount of money now "available" to faith-based organizations because of particular administrative reforms announced six months earlier. It was one of those wonderful Washington assertions that is simultaneously accurate and deceptive and just confusing enough to defy opposition. On the one hand, we had eliminated some ancient and patently absurd regulations, many of them promulgated under seemingly faith-phobic Democratic Administrations, that discriminated...

Author: /time Magazine | Title: Why a Christian in the White House Felt Betrayed | 10/16/2006 | See Source »

...dean of advising, a fun czar, and 180 peer advisors are not trivial costs, but they must not be cut. Knowles, the next president, and the next dean of the Faculty—all of whom control the College’s budget and have a considerable amount of additional money at their disposal—should recognize the importance of these student initiatives and protect them. Furthermore, they should work to fund future College projects as they arise. Meanwhile, the College should look for novel ways of fundraising in order to protect these sorts of programs. We believe...

Author: By The Crimson Staff, | Title: Dealing with a Deficit | 10/16/2006 | See Source »

There is a certain amount of political as well as psychological wisdom to what Steele says. The most basic rule of presidential politics is that you run against your predecessor. If Obama, 45, chooses to run in 2008, his consensus seeking would stand in stark contrast not only to the hyperpartisan Bush Administration but also to the histrionic, self-important style of baby-boom-generation politicians. Or it could work against him. An old-time Chicago politician told me Obama's thoughtfulness might be a negative in a presidential campaign. "You have to convey strength," he said...

Author: /time Magazine | Title: The Fresh Face | 10/15/2006 | See Source »

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