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...latest evidence is the decision by two of the country's largest philanthropies to stop funding Ed in '08, a nonpartisan campaign created to make improving education a top priority in the 2008 presidential race. When Ed in '08 launched 16 months ago, the Bill and Melinda Gates Foundation and the Los Angeles-based Eli and Edythe Broad Foundation promised $60 million to finance the single-issue project. Now, however, $24 million into the campaign, both organizations have decided to pull the plug...

Author: /time Magazine | Title: An Early End to the '08 (Education) Campaign | 10/4/2008 | See Source »

...Former Texas Rep. Charlie Stenholm, once a leading Blue Dog, says if Democrats want to maintain and grow their majority, they must take the Blue Dogs' fiscal conservative demands seriously. "If they don't you will see one of the largest turnovers of Congress in 2010," Stenholm says. "Blue Dogs that do not vote for fiscal responsibility, they'll be held accountable in their districts. Blue Dogs didn't get elected by beating liberal Democrats, they got elected by beating moderate and conservative Republicans, so those seats will flip if constituents aren't satisfied...

Author: /time Magazine | Title: Blue Dog Democrats May Be Key to the Bailout Bill's Fate | 10/3/2008 | See Source »

...bill passed the House 263 to 171 - with 91 Republicans and 172 Dems voting yes - a larger margin than expected, considering the bill's spectacular failure, 228 to 205, on Monday that caused the largest one-day drop, 778 points, in the Dow Jones industrial average. Very soon after passage, President Bush signed the bill into law, finally giving Treasury Secretary Hank Paulson the authority that he requested more than two weeks ago to buy up Wall Street's distressed mortgage-backed securities. But getting it done was not pretty or easy, and the clearest sign of that...

Author: /time Magazine | Title: What the Bailout-Bill Crisis Has Wrought | 10/3/2008 | See Source »

...Alawites are looked at by extremist Sunni Muslims as heretics, fallen-away Muslims, usurpers who should be put to the sword. In the late '70s and early '80s, the Sunni extremists came close to getting their way. During a February 1982 Muslim Brotherhood insurrection in Hama, Syria's third largest city, Hafez al-Assad felt compelled to flatten it in order to stay in power...

Author: /time Magazine | Title: Why Syria Will Keep Provoking Israel | 10/3/2008 | See Source »

...Japan, which has the world's second-largest economy, was the No. 1 provider of overseas aid in the 1990s. After years of sluggish economic growth, the country ranks fifth among donor nations according to the organization for Economic Cooperation and Development. (Aid has fallen by about 40% and is a hit to Japan's diplomatic clout). In an Oct. 3 speech, Sadako Ogata, JICA's president since 2003, chided Japanese society for its lack of support of foreign aid and questioned the country's ability to play a leadership role in areas such as alternative energy development...

Author: /time Magazine | Title: Japan to Dispense Billions in Foreign Aid | 10/3/2008 | See Source »

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