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...Then again, contemporary reality does have some useful innovations. Like an enlightened approach to sexual violence, for example. Here's Kyle's frat brother Joey, a putative good guy and our second male lead, thinking back on his memories of that night with his frat brothers: "If a girl consents to sex," he wonders, "can she change her mind once things are underway? Or if she consents to sex, then blacks out halfway through the act, how can she later claim she'd changed her mind? Difficult questions, and Joey wrestled with them as he drove...

Author: /time Magazine | Title: John Grisham's Charming Novel About Nothing | 1/24/2009 | See Source »

Geithner's rhetoric before the Senate raises the question: Is the less confrontational approach now history? The short answer: in tone, perhaps. But in substance, not a whole lot is likely to change. The young Treasury Secretary-designate knew the "manipulator" line would get a lot of attention, as it has. So the tone is already different. Further, though Beijing may not know this yet (and will be mortified to learn), some senior economic officials in the new Administration have made it plain that they have little use for SEDs. Some view them as pointless, time-consuming gabfests that accomplished...

Author: /time Magazine | Title: Behind Geithner's China-Currency Charge | 1/23/2009 | See Source »

Back in Atlanta, Ossie and his currency-trading outfit also followed the classic Ponzi approach, the SEC alleges. The agency says he was guaranteeing 10% to 20% returns every 30 days, had an accounting firm proving legitimacy, and used the lure of lots of ground-floor investor winnings when CRE went public. It had planned for a $100 million stock offering later this year...

Author: /time Magazine | Title: Beyond Madoff, Ponzi Schemes Proliferate | 1/23/2009 | See Source »

...been meticulously even-handed. But the fact is, American policy in the Middle East hasn't been even-handed-it has been supportive of Israel when it felt Israel needed critical U.S. support. So I'm concerned. I'm not sure the situation requires that kind of approach in the Middle East." - Abraham Foxman, director of the Anti-Defamation League. The Jewish Week...

Author: /time Magazine | Title: Middle East Envoy George Mitchell | 1/22/2009 | See Source »

This would be a stark departure from the Bush Administration's us-vs.-them, neo--Cold War approach to the world, and it would be far better received. It would still be hard to achieve, given that global power is far more diffuse today than it was in the late 1940s, the last time the U.S. helped build a new international architecture for a new world. But it would be an aggressive, farsighted agenda, launched by an America strong enough to play offense again. If Obama can make U.S. foreign policy solvent, he'll do more than cut our losses...

Author: /time Magazine | Title: The Solvency Doctrine | 1/21/2009 | See Source »

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