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...markets get into controversial ground when it comes to security and terrorism. When the Defense Advanced Research Projects Agency of the Defense Department developed such a market in July 2003, called FutureMAP, as part of an even more controversial program once called Total Information Awareness, it was equated with "betting on terrorism." Congressional outrage squelched the project, but the fact is, betting on terrorism actually makes sense. Consider the investigation just launched in Washington over an apparent leak at the Department of Homeland Security in which insiders seem to have tipped off relatives about an alleged threat...

Author: /time Magazine | Title: Place Your Bets! | 11/9/2005 | See Source »

...client the nature of a stock sale. If it's a short sale, the broker must ascertain if the client has been able to borrow the stock. "I have seen evidence that links Badian and/or Refco to more than 50 stocks that were driven into the ground," says Wes Christian, part of a legal team headed by billionaire Texas tobacco litigator John O'Quinn, who is amassing a case against Badian, other hedge funds and now possibly Refco. Refco declined to comment. Badian didn't come to the door when a TIME reporter rang his bell. His lawyer...

Author: /time Magazine | Title: Watch Out, They Bite! | 11/9/2005 | See Source »

...high-profile $7.1 billion pandemic strategy, unveiled last week, is long on stockpiles and vaccines, as if the President believes he can build levee walls high enough to keep a pandemic out of the U.S. He can't?and much of that money would be better spent on the ground in countries like Indonesia, Cambodia, Thailand and Vietnam, where bird flu has hit hardest. The U.N. Food and Agriculture Organization has collected just $30 million of the $175 million it says is needed to control the disease in birds in Southeast Asia, though the World Bank's announcement last week...

Author: /time Magazine | Title: Between Panic and Apathy | 11/7/2005 | See Source »

...apartments in the center of town; keep an eye out for the entrance?wide wooden stairs fronted by five flags. Proximity to the animals and scarcity of crowds in such a quiet, lush setting is what makes this zoo so special. Here, there are no food wrappers littering the ground or pennies in the Nile crocodile pond or throngs of people pushing and shoving to see orangutans. Once an old-fashioned collection of rickety cages, the zoo was modernized in 2001 to feature "tropical-forest" dwellings. These allow visitors to see the animals at all times, yet still provide spaces...

Author: /time Magazine | Title: Day Tripper | 11/7/2005 | See Source »

Mansfield stood his ground, properly calling those examples marginal and ultimately irrelevant to his core argument. But many have not been so steadfast with reality. When the proposition of changing Tuft’s “heteronormative” housing confronted the university’s president, he found it hard to respond in the logical way—that heteropresumption is the way of a world where the huge majority are straight—and instead invented a nonsensical excuse underpinned by a worry that sexually transmitted diseases would increase if the sexes were mixed...

Author: By Travis R. Kavulla | Title: The Newspeak of Gay ‘Rights’ | 11/7/2005 | See Source »

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