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...Telstra is expected to be a major investor in the NBN, which the government will build in partnership with the private sector while retaining a majority share. Like any successful telco, Telstra recognizes a good business opportunity - and when the rules of the game have fundamentally changed...

Author: /time Magazine | Title: Australia's Bid to Become the Most Wired Country | 5/5/2009 | See Source »

...destroyed over the last three quarters cannot be recouped in the dozen quarters that lie immediately ahead, if Phelps view, which is a remarkably dark vision of America's future, is right. This desperate image of the national economic life assumes that the innovative power of American business cannot build another huge sector the way that it did in the 1970s with the rise of the great technology companies like Microsoft (MSFT), Intel (INTC), and Cisco (CSCO), and twenty years later Google (GOOG) and the second reincarnation of Apple (AAPL), which was built on nothing more than the ingenuity behind...

Author: /time Magazine | Title: Despair and the Vision of the New Economy | 5/5/2009 | See Source »

...programs currently being created by the national government will be failures if Phelps and his colleagues are right. Or, better said, the programs will only build jobs for a short period. The rise in employment because of federal intervention will disappear when the government can no longer afford to pay for the buttressing or the electorate turns against the deficit that the spending programs build. The Administration's plan, which has been so heatedly debated, to save 3 million to 3.5 million jobs, will only be an elaborate trestle with its base set on limestone...

Author: /time Magazine | Title: Despair and the Vision of the New Economy | 5/5/2009 | See Source »

...from the vision of a happy life. It’s a reluctance to surrender these individual visions that fuels the collective fascination with one another’s failures. Suburban desperation is no new project for novelists and with his riskless and stilted prose, Amidon does little to build upon the motif. Tired and clunky language encumbers the novel, and thus, like the characters within, it never achieves its modest promise.The book opens with an alarm at Doyle Cutler’s house and, although nothing concrete has happened, it is clear that that Cutler...

Author: By Madeleine M. Schwartz, CRIMSON STAFF WRITER | Title: Amidon’s ‘Security’ Probes, If Predictably | 5/5/2009 | See Source »

...your trust, " López said once he had switched to Spanish, "to build a government that will overcome all the old, separating discourses of 'us,' vs. 'them' in order to construct a 'we' that includes everyone." By us vs. them, López means nationalists - those who support greater autonomy - and other parties including his own socialists, who support a closer relationship with the central government of Spain. (Read about Spain's Basque problems...

Author: /time Magazine | Title: New Basque Govt.: A Blow to Separatists? | 5/5/2009 | See Source »

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