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...change necessary to update Japanese society's relationship with the rest of the world and its peoples is not on the horizon, not yet. Gerontocracy keeps younger talent away from powers of decision making, resulting in a US-bound brain drain, a Europe/New York City-bound arts drain, and, more depressing for a father-to-be, a "dream drain": a pervasive acceptance that a creative and fulfilled life in a human-friendly environment lies only in the Paris of Am?lie, the Rome of Audrey Hepburn's Holiday and the Canada or Hawaii of Japan Travel Bureau brochures. An economy gnawed...

Author: /time Magazine | Title: Japan's Dream Drain | 3/11/2002 | See Source »

When Lillian saw a red-shirted Eli approaching her at the terminal, she was devastated. All the romantic feelings she associated with him seemed to drain out of her and onto the Logan Airport floor. “It was really shocking,” she recounts. “I found him repulsive...

Author: By William L. Adams, CRIMSON STAFF WRITER | Title: Sex, Lies and the Internet | 3/7/2002 | See Source »

...losses of $1.3 billion from dodgy derivatives deals were large enough to bankrupt his employer, Barings Bank; it was taken over by the Dutch group ING. Allied Irish, in contrast, can take Rusnak's $750 million hit - that's less than 10% of its equity capital - but the drain on its resources makes it vulnerable to takeover attempts...

Author: /time Magazine | Title: Déjà vu on the trading floor | 2/11/2002 | See Source »

...Before 9/11, Democrats were never able to draw much blood over the $1.35 trillion tax cut that Congress enacted last year. Their cries that government revenues were shrinking and huge tax cuts would drain the Social Security and Medicare surpluses were only beginning to be heard by voters when the terrorists struck. After 9/11, Americans accepted that the country had to move to a wartime footing and that budget deficits would have to return to fight both Osama bin Laden and the recession. Republican strategists on Capitol Hill tell me their polls still show that the deficits Bush is proposing...

Author: /time Magazine | Title: 'Enronizing' Capitol Hill | 2/5/2002 | See Source »

...mounted police in the background seem ready to bust up those kids and that infernal hippy music. Unfortunately, the band with the rhyming name lacks the musical wherewithal to back up their allusions. Their songs drift towards the repetitive, as their tepid lyrics go swirling down the drain again and again and again...

Author: By Crimson STAFF Writers, CRIMSON STAFF WRITERS | Title: New Music | 2/1/2002 | See Source »

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