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...soldiers have known all this since the beginning of time. Conquerors meet increasing resistance the farther they march; the more they win, the greater the burden of sustaining their triumphs. Old politicians have known this since Presidents began to have second terms...

Author: /time Magazine | Title: The Presidency: Drawing a Bead on Reagan | 4/12/2005 | See Source »

...Pickens group is now seeking to acquire a majority of the company's stock by offering to purchase it at $54 a share. But Unocal has countered with a new variation of what Wall Street calls the poison-pill defense, in which a target company assumes a heavy debt burden to make itself unpalatable to corporate raiders. In this instance, Unocal said that if Pickens succeeded in buying 50.1% or more of its shares, the company would offer to buy the rest of the stock for $72 a share--a premium of 33% over the raiders' bid--with a newly...

Author: /time Magazine | Title: Name Your Poison | 4/12/2005 | See Source »

...file their 1984 tax returns, but for the Internal Revenue Service that date marked only the halfway point in the gargantuan task of sorting and examining 100 million tax reports. Ordinarily the agency, long hailed by intimidated taxpayers as a model of efficiency, is unfazed by the awesome bureaucratic burden. This year, however, an astonishing array of glitches in the IRS's new $131 million Sperry-Univac computers has created an unprecedented backlog of unprocessed tax forms...

Author: /time Magazine | Title: Computers: Glitches and Crashes at the IRS | 4/12/2005 | See Source »

...result, the burden of proof in recantation cases is on those challenging the conviction, and the decision of the judge rehearing evidence is virtually never second-guessed by appeals courts. After listening to Webb, 23, explain that she made up the kidnaping and rape eight years ago because she feared she was pregnant by her boyfriend, Judge Samuels weighed her statements against what he had heard at the 1979 trial. He concluded she was less believable now and seemed to have a "selective recollection" of events. As Samuels told a Chicago Sun-Times reporter last week, "Her demeanor was totally...

Author: /time Magazine | Title: Law: Why It's Tough to Take It Back | 4/12/2005 | See Source »

...medical experts could not rule out the possibility that cancerous cells had escaped into the bloodstream and, like a microscopic time bomb, seeded themselves in another organ. If cancer should recur, the President could face a long and debilitating course of therapy that would make the heavy burden of the presidency more onerous...

Author: /time Magazine | Title: Reagan's Toughest Fight | 4/12/2005 | See Source »

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