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...tested nine medium-range missiles on Wednesday, the country's state news agency quoted a representative of Iran's supreme leader, Ayatollah Ali Khamenei, saying that if the U.S. or Israel attacked Iran, "Tel Aviv and the U.S. fleet in the Persian Gulf would be the first targets to burst into flames receiving Iran's crushing response." Tehran's message was clear: If Bush wants to play Crazy Cowboy, we're happy to play Mad Mullahs right back...

Author: /time Magazine | Title: More Theater Over Iran's Nukes | 7/9/2008 | See Source »

...thought much of Marshall's success was due to the fact that his colleagues liked and trusted him. Marshall persuaded the Justices, at the beginning of the 19th century, to live in the same boarding house and discuss cases over glasses of his excellent Madeira. (Once, in an unfortunate burst of temperance, when the Justices voted to drink only when it rained, Marshall looked out the window and noted, "Such is the broad extent of our jurisdiction that by the doctrine of chances it must be raining somewhere...

Author: /time Magazine | Title: The Supreme Court's Group Hug | 7/3/2008 | See Source »

...comes to investing, nothing is more important than the ability to think rationally for oneself - and Buffett is unsurpassed on this front. In the late '90s, he was criticized for his refusal to invest in booming tech and Internet stocks - a decision that was vindicated when the bubble burst. Buffett has made a fine art of keeping this kind of distracting noise at bay: he said he even limits his contact with managers of businesses in which he invests, preferring to assess their companies' financial records - a more neutral source of information. Equally vital to his success, Buffett said...

Author: /time Magazine | Title: My $650,100 Lunch with Warren Buffett | 6/30/2008 | See Source »

...years on, when that claim is a bubble looking ready to burst, Fuller's reputation has deflated a bit too. Geodesic domes are no longer the rage they were in the '60s, when not only did hippies love them but even the Defense Department owned a string of them to house its early-warning radar network along the Arctic Circle. Bucky, as he was known to everybody, was an authentic American visionary, the kind who could seem at first glance--and not just at first glance--like a bit of a crackpot, something between a panoramic intellect...

Author: /time Magazine | Title: Buckminster Fuller: The Big Thinker | 6/26/2008 | See Source »

...year flood. Fifteen years later, Iowans are rethinking that judgment. In a spring of calamitous weather, the state's can-do stoicism was tested by two tornadoes; one tore through a Boy Scout camp and killed four teenagers. Rains then swelled the rivers and strained the levees, which burst indiscriminately. Iowa's second largest city, Cedar Rapids (pop. 124,000), and one of its smallest towns, Chelsea (pop. 276), were inundated. On Friday the 13th, downtown Des Moines was under voluntary evacuation. The surge was both overwhelming and fickle. Neighbors on high ground saw friends next door lose cars...

Author: /time Magazine | Title: Deep Down In Iowa | 6/19/2008 | See Source »

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