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...mean turning into a nation of overcautious, unambitious scaredy-cats. This is the moment for business to think different and think big. The great dying off of quintessentially 20th century businesses presents vast opportunity for entrepreneurs. People will still need (greener) cars, still want to read quality journalism, still listen to recorded music and all the rest. And so as some of the huge, dominant, old-growth trees of our economic forest fall, the seedlings and saplings - that is, the people burning to produce and sell new kinds of transportation and media in new, economic ways - will have a clearer...

Author: /time Magazine | Title: The End of Excess: Is This Crisis Good for America? | 3/26/2009 | See Source »

...mainstream" that even members of his own party won't support it, said Representative Eric Cantor, the No. 2 Republican in the House. Almost all Republicans in both chambers oppose the budget, though there are a few moderates still making up their minds. "I intend to listen, and I intend to be willing to think about things," Senator Arlen Specter, a Pennsylvania Republican, told reporters on Wednesday...

Author: /time Magazine | Title: Obama's Budget Fight Starts with His Own Party | 3/26/2009 | See Source »

...patient had major cardiovascular and lung problems, prescribing an aspirin ... might make him feel better, but would it solve the problem?" At the G-20, the developing world will look to Manuel to speak for them, as he often does. The humbled leaders of rich nations are likely to listen. "There's not a single finance minister in the rich world today that will not take a call from Trevor Manuel," says Pippa Green, author of the Manuel biography Choice, Not Fate...

Author: /time Magazine | Title: Trevor Manuel: The Veteran | 3/25/2009 | See Source »

...displays the same pragmatism in world affairs. While many of Manuel's developing-world counterparts spurn the "Washington consensus" of the World Bank and IMF, Green says "he uses these organizations as a chance to get powerful leaders to listen to him." It works, in part because he is so good at convincing people that change is possible. "I come from South Africa, where at various points in our history it seemed like we would not be able to resolve our problems," he says. "But we did. How? We all had to give up something." That...

Author: /time Magazine | Title: Trevor Manuel: The Veteran | 3/25/2009 | See Source »

...Mackenzie, the king of goema. This is the carnival music performed during the Second New Year - a uniquely South African celebration held on Jan. 2 and harking back to the times when slaves were only given that one day off a year. We drink Black Label beers and listen to Mac play his guitar. "There's going to be an explosion of music soon," he says, referring to the emergence of Cape Jazz from its long isolation. With that emergence will also come change - but for now the Cape Town Jazz Safari offers a chance to experience the music...

Author: /time Magazine | Title: Cape Town's Jazz Crusaders | 3/25/2009 | See Source »

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