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...middle class or a reduction in their benefits and services. Further, repeal would lead to a steep drop in charitable giving as the wealthy stop looking for ways to reduce their estates. So righteous are these superrich that, as reported by the New York Times, the only reason Warren Buffet didn't sign was because the petition doesn't go far enough in defending the estate tax, which he insists promotes success based on merit, not bloodline. Buffet likened hand-me-down wealth to "choosing the 2020 Olympic team by picking the eldest sons of the gold-medal winners...

Author: /time Magazine | Title: Why These Guys Are Dead Wrong | 2/26/2001 | See Source »

Call it video Napster. The elusive goal of film and television producers has long been a marriage between the Internet and video programming, a single pipeline that would allow consumers to order up entertainment and information from a buffet of sources. So when German media giant Bertelsmann last week took control of RTL, Europe's biggest TV company, interactive programming suddenly looked a lot closer. "We are significantly pushing ahead on the interactive TV front," says Thomas Hesse, ceo of the newly formed RTL NEWMEDIA group. The firm hopes to roll out its interactive service in Germany by summer...

Author: /time Magazine | Title: Bulking Up for Battle | 2/19/2001 | See Source »

...DEGAS TO MATISSE COCKTAIL BUFFET Ford Motor Co. and the Phillips Collection welcome the new Administration and members of Congress. A great time for Dick Cheney to work on that bipartisanship thing. The Phillips Collection...

Author: /time Magazine | Title: Inauguration Hoopla! | 1/22/2001 | See Source »

...comedians than any other President in the 20th century. Most Presidents give you one good hook--Ford fell off airplanes, Reagan made a movie with a chimp, Carter owned a peanut farm. But Clinton was wildly generous to the comedic mind. In 1992 he served up an exotic tapas buffet of premises that included his saxophone, his too-short jogging shorts, his light-switch "sincerity" and his McDonald's fetish. And as we began hungrily digging in, he emerged with a hearty stew of Gennifer Flowers, "I didn't inhale" and Whitewater...

Author: /time Magazine | Title: What I'll Miss About Bill Clinton | 1/8/2001 | See Source »

...Real Millennium Group will celebrate the new year at Slocum's Bowl-O-Drome, in Ewing, N.J., where founder Jim Bergevin Jr. is manager. The group's 49 members live around the world, though, so mostly nonmillennialist locals will enjoy laser bowling, disco lights and a buffet...

Author: /time Magazine | Title: The Real Millennium | 12/25/2000 | See Source »

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