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...that power surge will work only if he also sets more realistic expectations. Ultimately, the U.S. will have to cut a deal--or lots of little deals--with the bad guys to flip those Taliban members who will renounce al-Qaeda from enemies to allies. That will mean empowering local warlords who don't truly report to Kabul and may not win any awards from the ACLU. But that's essentially what we've done over the past two years in Iraq, where the Bush Administration both temporarily increased American power and quietly downsized expectations so we were fighting...

Author: /time Magazine | Title: The Solvency Doctrine | 1/21/2009 | See Source »

...Union as a unified threat in the 1960s, when they were on the brink of war. Even Hamas and Hizballah are fundamentally different from al-Qaeda, since they're national movements, not global ones. They may be terrorists, but politically, socially and economically, they are deeply integrated into their local societies in a way al-Qaeda is not. Our long-term goal should be to transform them from militias into political parties, which means giving them a seat at the table, no matter how odious their ideology, if they give up their guns...

Author: /time Magazine | Title: The Solvency Doctrine | 1/21/2009 | See Source »

...Conference of Mayors, which is why its forecast of huge job losses in these regions is so troubling. Leading the job cuts are New York City, which is expected to undergo more painful layoffs in the financial sector, and Los Angeles, where depressed home prices have ravaged the local economy. The report also predicts that the overall unemployment rate in metropolitan areas will rise above...

Author: /time Magazine | Title: The World | 1/21/2009 | See Source »

...Washington Bailout Bonanza Despite criticism that the distribution of the first $350 billion from the Troubled Assets Relief Program (TARP) lacked transparency, the Senate voted 52-42 to release the remaining bailout funds. The same day, House Democrats unveiled an even larger stimulus plan that would funnel money to local governments, fund infrastructure development and provide middle-class tax cuts. Britain, meanwhile, announced a bank-bailout plan as the European Commission predicted the loss of 3.5 million jobs in the European Union...

Author: /time Magazine | Title: The World | 1/21/2009 | See Source »

Zion and a local entrepreneur, Eric Yellin, who is blogging and phoning peace-minded Gazans, are among the very few people in Sderot - and in all of Israel, for that matter - who opposed the 22-day offensive into Gaza, which ended on Jan. 18 in the shakiest of cease-fires. Lately, Zion has rarely gone out. When she did leave home, she was often forced to dive into the bunker of her suburban house - Sderot was hammered by 203 rockets during the fighting. And if, despite the risks, she got to Sderot's flag-festooned marketplace, she was often cursed...

Author: /time Magazine | Title: Israel's Lonesome Doves | 1/21/2009 | See Source »

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