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...Applied Digital Solutions, won FDA approval last year for what it bills as the "world's first human implantable microchip." A radio-frequency identification (RFID) transponder the size of a grain of rice, the VeriChip contains a 16-digit personal ID number that can be scanned like a bar code, providing health-care workers access to your medical records online. That could be lifesaving in an emergency, cutting the likelihood of medical errors for accident victims, Alzheimer's patients--anyone who can't communicate or lacks ID. So far, only about 60 Americans have been chipped, mainly Applied Digital employees...

Author: /time Magazine | Title: Biochips for Everyone! | 11/9/2005 | See Source »

Taken together, the two screenplays show that the battle of Iwo Jima--and by implication, the whole war in the Pacific--was not just a clash of arms but a clash of cultures. The Japanese officer class, imbued with the quasi-religious fervor of their Bushido code, believed that surrender was dishonor, that they were all obliged to die in defense of their small island. That, of course, was not true of the attacking Americans. As Eastwood puts it, "They knew they were going into harm's way, but you can't tell an American he's absolutely fated...

Author: /time Magazine | Title: Movies: Clint's Double Take | 11/9/2005 | See Source »

Lawmakers have toyed with curbing the mortgage deduction for 30 years, both for utilitarian reasons (to boost tax revenue) and philosophical ones (to make the tax code less favorable to the wealthy). Yet each time the idea has surfaced it has been swatted away amid public outrage and the battle cries of every real estate lobbyist not sunning at his second home on Fiji. This time the outrage may be even more shrill, given the fears of a real estate bubble about to burst. "We are raising the loudest possible alarms," said Tom Stevens, president of the National Association...

Author: /time Magazine | Title: Why They're After Your Favorite Tax Break | 11/7/2005 | See Source »

...from a broader economic perspective, dropping mortgage-interest deductions has a certain appeal. For starters, it's only one part of a program that would reform the tax code without changing the burden on the average American. It would raise some taxes only as much as it cuts others. The real target is the alternative minimum tax (AMT), designed years ago to prevent millionaires from avoiding tax, but now increasingly encroaching upon the middle class. Next year the AMT will raise the burden of 21 million taxpayers earning as little as $75,000. But to replace the $1.2 trillion that...

Author: /time Magazine | Title: Why They're After Your Favorite Tax Break | 11/7/2005 | See Source »

...common, and most students shrugged it off as only a minor problem. A number of parents--some of whose children carried a 4.0 average--sought to have their kids classified as special-education students, which would entitle them to extra time on standardized tests. "Kids develop their own moral code," says Demerath. "They have a keen sense of competing with others and are developing identities geared to that...

Author: /time Magazine | Title: Ambition: Why Some People Are Most Likely To Succeed | 11/6/2005 | See Source »

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