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...ultimate success of the Kmart-Sears merger will depend in large part on whether Kmart has already made a leap to greatness before the merger and, equally, whether acquiring Sears meets these three tests. While I am not an expert on Kmart, its recent exceptional results indicate that it might be a sustained good-to-great case in the making. Yet at the same time, we should be mindful of the lessons of history. No single step, no matter how big, can by itself make a company great...

Author: /time Magazine | Title: The Merger Mystery | 11/29/2004 | See Source »

...fair, despite his conservative leanings, Senator Reid talks a good game about his willingness to fight the GOP on matters of principle when necessary. The Democrats’ prospects over the next four years will largely depend on whether Reid is serious about defending progressive Democratic principles, or whether he will give into the temptation to pander to hard-line social conservatives. The latter is a losing proposition: fashionable pundit-babble about “moral values” aside, over the past few decades, Americans have been abandoning social conservatism like rats off a sinking ship. Rather than wanting...

Author: By Eoghan W. Stafford, | Title: The Long View | 11/23/2004 | See Source »

...January 30 are unlikely to end the insurgency. If the projected Sunni boycott transpires and Shiite religious parties, as expected, dominate at the polls, the conflict may even widen and deepen following the election. The ability of the U.S. to achieve its goals in Iraq may come to depend on achieving a consensus with Iraq's neighbors, and other allies, over the country's immediate future. The neighbor with the greatest influence in Iraq will almost certainly be Iran, which has close ties with the full spectrum of the Shiite religious parties. The administration has taken important steps towards international...

Author: /time Magazine | Title: Analysis: Bush's Daunting Task in the Mideast and North Korea | 11/23/2004 | See Source »

...Iraq has served as a reminder of the difficulty of pacifying an occupied country. Still, the primary component of the administration's preferred strategy for curbing Iran and North Korea's nuclear ambitions is to use sanctions to make the cost of going nuclear prohibitive to regimes whose survival depends on integration with the world economy. But the U.S. hardly trades with Iran or North Korea, so a meaningful sanctions regime requires winning allied backing. Yet, right now, most of the key allies on whose support a sanctions regime would depend are not on board with the Bush administration...

Author: /time Magazine | Title: Analysis: Bush's Daunting Task in the Mideast and North Korea | 11/23/2004 | See Source »

...universe, the more it becomes obvious to anyone who thinks rationally that spirituality and religion are really self-created illusions. It's time we faced reality and dealt with the universe as it really is, not as we imagine it to be. Our continued technological advancement and survival depend upon it. GARY MEAD Travis, Calif...

Author: /time Magazine | Title: Letters: Nov. 22, 2004 | 11/22/2004 | See Source »

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