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...family is a cunning brood, who in selling Seagram to Messier managed the equivalent of selling a Mercedes for $100,000 and, if all goes well, buying it back two years later for $20,000. An $80,000 profit, and they still have the car - all tuned up, to boot. Bravo, wise guys. • That I should not admire wise guys; they're ruining the planet. • That my two-year-old son's ability to assemble complex structures with his Lego doesn't qualify him as a captain of industry. • That there is poetry in small shareholders...

Author: /time Magazine | Title: The Man Who Fell to Earth | 7/7/2002 | See Source »

...Sebastian Mallaby, a columnist for the Washington Post, wrote in Foreign Affairs this year, "and by virtue of its power, America is bound to play the leading role." In a much-talked-about new book, The Savage Wars of Peace - the very title is a line from Kipling - Max Boot, the Wall Street Journal's editorial-features editor, argues that the U.S. should not fear engaging in small wars to improve the lot of those in lands less happy than ours. "Yes, there is a danger of imperial overstretch and hubris," writes Boot, "but there is an equal...

Author: /time Magazine | Title: George W. Kipling | 7/2/2002 | See Source »

...There's more than a narrow point of equity here. The U.S., as Boot points out, has a good record as a colonial power. Puerto Rico, the largest remaining American colony (its status masquerades under the politically correct term commonwealth, but don't be fooled), is well governed and prosperous. But wise states do not impose on others conditions that will long be resented. The U.S. is right to demand that any Palestinian state renounce terrorism, for terrorism is a curse that spills over national borders. Similarly, Washington is entitled to say - as Bush did during last week...

Author: /time Magazine | Title: George W. Kipling | 7/2/2002 | See Source »

...delight. For Brazilian striker Ronaldo?who scored both goals in Brazil's 2-0 defeat of Germany in Sunday's World Cup climax?it was about more than a quick-thinking 67th minute finish and a beautiful 79th minute shot. Yes, those two goals clinched him the Golden Boot award as the World Cup's top scorer, and drove Brazil to victory. But they also marked his triumphal return to the highest echelons of the sport after years in the wilderness...

Author: /time Magazine | Title: The Ultimate Samba | 7/1/2002 | See Source »

...MIROSLAV KLOSE, 24, GERMANY At week's end, he was a contender for the World Cup's Golden Boot, with five goals including a hat trick against Saudi Arabia. But there remains some doubt that the Kaiserslautern forward is merely a youthful fish in an otherwise aging German pond. Nevertheless, strikers are valuable and will always command good prices. VALUE: $12 million, up from $6.5 million...

Author: /time Magazine | Title: Players who are moving up... | 7/1/2002 | See Source »

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