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...government has bent, a little. The coalition parties in the Senate approved the decree along with amendments to reduce the cap on renegotiated loans to just under 10% for most individuals and even lower for first-time home buyers. But that may not be enough. The Greens, part of the governing coalition, are still dead set against the decree and have sworn to vote against it in the Chamber of Deputies unless it is amended yet again. Their vote is unlikely to keep the compromise from passing, but the split will look bad for a center-left alliance that...

Author: /time Magazine | Title: Debtors' Revenge | 2/26/2001 | See Source »

...Germany, studying the relatively young art of which he was to be such a master: photography. This was his first obsession, and when he got back to New York, he made up his mind to revolutionize it. Most American photographers, to him, were stuffy and sentimental "pictorialists," so bent on imitating the look of painting that they couldn't treat photography as an equal, independent medium. He developed a "straight" photography--direct, candid and true to nature--that captured American city experience as it had never been caught on film before, from the steaming draft horses in The Terminal...

Author: /time Magazine | Title: Art: Missionary of the New | 2/26/2001 | See Source »

Arianne R. Cohen's Editor's Notebook ("Taking God out of Government," Feb. 9) was remarkable in its ability to amuse and irritate. Cohen's argument rests on the fact that she doesn't like the religious bent of others and thinks they should act as she sees...

Author: NO WRITER ATTRIBUTED | Title: Letters | 2/23/2001 | See Source »

...inherent danger lurks when images are treated as something substantial, because misperceptions lead to poorly targeted would-be solutions. In this case, entertainment-based strategies have failed to draw masses of youth wholeheartedly into the political game. As a result, both the media and politicians have assumed a moralistic bent, exhorting young people about the power of one vote. The electoral crisis in Florida provided an excellent opportunity to harp on the importance of one vote. "Your vote can turn the tide of an election!" screamed the Gore e-mail service, continually alluding to the 1960 election in which John...

Author: By Erin B. Ashwell, | Title: The Moral of the Story | 2/12/2001 | See Source »

...Academy of Motion Picture Arts and Sciences will announce its lustrous list of Oscar 2000 nominees. For weeks studio execs have been clambering to raise their products' profiles to catch the attention of Academy voters. Seducing Academy members with gifts is officially banned, but rules were meant to be bent. Here's a look at how studios are stumping...

Author: /time Magazine | Title: How Much for That Oscar? | 2/12/2001 | See Source »

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