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Several countries have dropped the mortgage-interest deduction in recent years, with no noticeably adverse effects, but there's no indication that any of our presidential candidates are contemplating such a move. What is likely to be on the next Administration's agenda are measures to restrain Wall Street - which...

Author: /time Magazine | Title: The New President's Economy Problem | 5/15/2008 | See Source »

By Friday morning, as I left Bogalay, one of the worst affected townships in the Irrawaddy Delta, I noticed that a new checkpoint had been placed at the bridge in to town. Foreign reporters were being turned away, as well as some trucks laden with international donations that didn't...

Author: /time Magazine | Title: Burma Holds Vote Despite Cyclone Aftermath | 5/10/2008 | See Source »

The Politics of Disaster After first announcing that the constitutional referendum would take place as scheduled, the junta did finally decide on May 6 to postpone the plebiscite until May 24 in the hardest-hit townships. Initially a state-run newspaper said there would be no delay because the people...

Author: /time Magazine | Title: Center of The Storm | 5/8/2008 | See Source »

On Thursday, the Austrian publication News Magazin published comments from the incarcerated Josef Fritzl conveyed by his lawyer. Fritzl declared he was a good father, bringing gifts to his children in what he called "the bunker" and spending time watching videos and having dinner with them. He did say that...

Author: /time Magazine | Title: Can Austria's Cellar Children Recover? | 5/7/2008 | See Source »

But having "Israel" stamped in your passport and publicly condemning anti-Semitism cannot alone remove lingering doubts about extremist tendencies. Mussolini's fascist ideology was all-encompassing, nationalistic and occasionally deadly - well before he adopted racial and anti-Semitic laws following Hitler's example. After his victory in Rome, Alemanno...

Author: /time Magazine | Title: Italian Rightist Sparks Outrage | 5/6/2008 | See Source »

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