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...lack of research and the misuse of federal funds: Since 1994, the Department of Defense (DOD) and the Department of Veterans Affairs have spent nearly $440 million on Gulf War research, or so the agencies said. The panel found that much of the money had been used to fund research wholly unrelated to GWI. In fact, a great deal of the DOD's "Gulf War portfolio" consisted of projects for currently deployed soldiers in Iraq and Afghanistan. Since the invasion of Iraq in 2003, the DOD has slashed funding for Gulf War research from nearly $30 million annually to less...

Author: /time Magazine | Title: Gulf War Illness | 11/20/2008 | See Source »

...capable police work. Rather than simply pouring unconditional U.S. aid into Pakistan and Afghanistan, Obama needs to federalize the assistance, working more closely with provincial and local leaders. And, as the U.S. did in Indonesia, in Pakistan and Afghanistan Obama should shift resources away from the regular army to fund a new, élite counterterrorism unit...

Author: /time Magazine | Title: Learning Curve | 11/20/2008 | See Source »

...abroad, opening factories and representative offices across Africa and Asia. In October, the country's central bank even offered part of its nearly $1 trillion in reserves to financially strapped nations like Iceland. In November, Japan also expressed willingness to lend up to $100 billion to the International Monetary Fund. But it isn't just money that's being spread around. "Because Japan's financial system is the least tainted at the moment," says Japanese parliamentarian Kotaro Tamura, "we have the opportunity to help save the world and spread a message of social responsibility...

Author: /time Magazine | Title: Japan Reaches Out | 11/20/2008 | See Source »

...continue to do what I do--grow my businesses. Our equity fund is at about $500 million. I want to take it to $10 billion one day. I think that there are always goals for me to try to achieve, and I'm going to work toward those goals...

Author: /time Magazine | Title: 10 Questions for Magic Johnson | 11/20/2008 | See Source »

...governors' meeting this month, Tim Pawlenty of Minnesota argued that Republicans need to stay conservative but also modernize. A revitalized conservatism would push for tax reform with an eye on middle-class families, not hedge-fund operators. It would seek solutions to global warming rather than deny that it exists. It would place a higher priority on making health care affordable than on slashing pork programs. It would promote the assimilation of Hispanics rather than regard them as a menace or a source of cheap labor...

Author: /time Magazine | Title: After the Election, Rebooting the Right | 11/20/2008 | See Source »

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