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Obama has called for an earmark-free stimulus package, so the legislation shouldn't have too many silly waterslides or Mafia museums or cranberry subsidies in its text. Instead, Congress will dole out hundreds of billions of dollars to states and agencies. But that's where the real waste is going to be. There's $30 billion for highways, funneled through state transportation departments, which love to build unsustainable sprawl roads to nowhere. There's $4.5 billion for the Army Corps of Engineers, which is addicted to projects that destroy wetlands and induce development in vulnerable floodplains. There...

Author: /time Magazine | Title: How to Spend the Stimulus | 2/5/2009 | See Source »

...After launching a successful texting service in the U.K., KGB decided to bring it to the U.S. The beta test launched last fall, and already the company has thousands of "agents" ready to provide you with anything from movie times and train schedules to the type of pen Bob Dole holds in his hand. (Answer: sometimes it's felt-tipped, sometimes ballpoint, and occasionally it's a pencil.) (See pictures of the cell phone's history...

Author: /time Magazine | Title: Answers for 50 Cents: Testing the New KGB | 2/3/2009 | See Source »

...what did Obama say to charm his former colleagues into blocking the resolution? He promised to write, in a detailed manner, a letter explaining how his Administration would dole out the funds once he is sworn in on Jan. 20. "The conditions have to do with tracking the money, how the money can and can't be used, accountability for the money, what dividends cannot be spent with it, the executive pay issues," said Senator Carl Levin, a Michigan Democrat, emerging from the meeting. "In other words, there's a whole host of misuses of the first half which have...

Author: /time Magazine | Title: Obama Urges Congress Not to Block the Bailout | 1/14/2009 | See Source »

What could be more hurtful than a close friend's ingratitude? His gratitude - at least if you're Tony Blair and the buddy in question is George W. Bush. Later today in a ceremony in the East Room of the White House, Bush is set to dole out a Presidential Medal of Freedom to Blair, Britain's former Prime Minister. Blair has earned the bauble - previous recipients include Nelson Mandela and Doris Day - "for [his] efforts to promote democracy, human rights and peace abroad," according to the White House. Blair's spokesman seemed to tacitly acknowledge that Blair is being...

Author: /time Magazine | Title: A Presidential Medal for Tony Blair | 1/13/2009 | See Source »

...honest services fraud. Her sudden fall is symptomatic of a culture of graft that has plagued Palm Beach over the years. As the county's population mushroomed to 1.3 million people, so did the egos and perceived invincibility of the county commission, a board with the power to dole out millions of dollars in taxpayer grants to tight-budgeted cities whose mayors and commissioners regularly sought their endorsement. While entrenched in power, they alienated the general public and took a haphazard view of development - a common South Florida practice that's indelibly tied to helping those companies and private interests...

Author: /time Magazine | Title: Palm Beach: The New Capital of Florida Corruption | 1/10/2009 | See Source »

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