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...Beijing Olympics were to be the most lavish ever. China would spend $34 billion to refit the capital with sparkling new subways and 10 state-of-the-art stadiums. The spending was the plan of former Communist Party chief and former President Jiang Zemin, who took credit for Beijing's winning bid in 2001. The Olympic projects, it was hoped, would mark China's economic growth and proclaim its arrival as a world power. Now times have changed. Last week Liu Qi, president of the Beijing Olympic-organizing committee, scrapped half the planned stadiums in a demonstration of what...

Author: /time Magazine | Title: First or Equals? | 9/13/2004 | See Source »

Which brings us back to Kerry: To the credit of a candidate laboring against appearing “nuanced,” he has always avoided the straightforward (but disingenuous) political response to lost jobs: various forms of a wall around America...

Author: By Brian M. Goldsmith, CRIMSON STAFF WRITER | Title: Zell Miller's Disease | 9/13/2004 | See Source »

KERRY He tries to take on health-care costs and offshore outsourcing in a single bound. In industries affected by outsourcing, Kerry would give companies a tax credit to offset the cost of worker benefits, making it cheaper to hire them...

Author: /time Magazine | Title: Campaign '04: Bush and Kerry: Whose Plan Is Better? | 9/13/2004 | See Source »

...City. The former President was released from the hospital Friday. SENTENCED. FRANK QUATTRONE, 48, former investment banker to high-flying Silicon Valley companies during the Internet boom; to 18 months in prison; in New York City. He is appealing a May conviction for hindering a federal stock investigation involving Credit Suisse First Boston, but will be forced to begin serving prison time in late October while the appeal is pending. SENTENCED. SIMON MANN, 51, British former special forces soldier and supplier of security and military services; to seven years in prison; in Harare, Zimbabwe. Mann was arrested in March...

Author: /time Magazine | Title: Milestones | 9/12/2004 | See Source »

VALLIERE: The purest plays in this election are FREDDIE MAC and FANNIE MAE. The Republicans have taken a very harsh view on their line of credit with the Treasury, whereas Kerry really likes Freddie and Fannie. If it looks like Kerry is going to win, I think Freddie and Fannie would be clear winners. Democrats feel very strongly that the government's line of credit to Fannie and Freddie is desirable, that it promotes home ownership...

Author: /time Magazine | Title: Investing: The Payoff In November | 9/6/2004 | See Source »

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