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Corruption is key. South America did need the discipline and budget austerity of U.S.-backed reforms, which freed the region from crippling hyperinflation and ushered in hundreds of billions of dollars in foreign investment. But they couldn't whip the plague of corrupt elites, absentee judicial systems and addiction to foreign capital that made Latin American capitalism as ripe for abuse and collapse as an Enron office suite. Says Stanford University Latin America scholar Terry Karl: "The Washington Consensus just further concentrated economic and political power in a region that already had the worst inequality in the world...

Author: /time Magazine | Title: Bush's Lost Continent | 8/19/2002 | See Source »

...live rock 'n roll shows that blossomed around the country, Lewis would often tour with - and against - his formidable rivals Chuck Berry and Little Richard. In an Alan Freed extravaganza at the Brooklyn Paramount, both he and Berry demanded the closing spot. Freed chose Berry, for reasons of seniority. And again we consult the Gospel according to Tosches...

Author: /time Magazine | Title: That Old Feeling: Golden Sun | 8/10/2002 | See Source »

...comrades had no way to escape, he told Abdelwahab Hassan. But they awoke one morning to the divine comfort of a Taliban soldier's dream, which promised that somebody would come for them in seven days. They counted each setting sun until, just as foretold, a rescuer freed them. Another time, while learning from al-Qaeda terrorists how to fire shoulder-launched grenades and ignite Molotov cocktails for the glory of jihad, Lindh witnessed the shooting death of a fellow believer. The smell of musk filled the air, and he recalled the teaching of the prophets that martyrs emit their...

Author: /time Magazine | Title: A Short Course In Miracles | 7/29/2002 | See Source »

...After his plane was shot down in northern South Vietnam in 1964, Thompson endured physical and mental torture, including being hung by his thumbs, and five years in solitary. He stayed sane, he said, by building an imaginary house he and his wife would live in once he was freed by the Viet Cong--which he finally was, after nine years...

Author: /time Magazine | Title: Milestones Jul. 29, 2002 | 7/29/2002 | See Source »

Yoder filed his own appeal. The appellate judges noted a series of government mistakes in the case and overturned the commitment order, which should have freed Yoder. But their ruling came too late: commitment orders expire after six months, and another judge had already signed a new one, based on the original evidence that Yoder was ill and dangerous, along with new charges that Yoder had been an irascible, uncooperative patient at Chester. Ironically, Stephen Hardy, the warden Yoder had beaten in court, had become the director of Chester in 1986. Yoder hasn't left the facility since he returned...

Author: /time Magazine | Title: They Call Him Crazy | 7/15/2002 | See Source »

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