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...Thailand is now ranked 116th by world soccer body FIFA, thanks to erratic and occasionally farcical performances that date back to the team's notorious match against Indonesia at the 1998 ASEAN championships. Both teams set out to lose, since the winner would play a stronger team in the next round. Indonesia lost 3-2 after deliberately scoring against themselves. Not surprisingly, perhaps, the Thai national team has a less than fanatical following. Only 25,000 spectators went to watch the team play Japan in Bangkok earlier this year - and most of those were Japanese. (Thailand lost...

Author: /time Magazine | Title: An Englishman in the Land Of Smiles | 12/11/2008 | See Source »

...little hard to know what to make of such portentous statements, given that there is no agreed-upon dividing line between recessions and depressions, and no descriptive word in between. "It's a recession when your neighbor loses his job," Harry Truman once quipped. "It's a depression when you lose yours." What Reich and Morici seemed to be groping for - other than media exposure (mission accomplished!) - was a way to express that the current downturn may be a more serious phenomenon than other recessions of the post-World War II era. (See pictures of the recession...

Author: /time Magazine | Title: Don't Say the D Word | 12/11/2008 | See Source »

Here's how it stands now: companies that lose money in any given year are entitled to a rebate on money they have paid in taxes for the prior two years. So if you made a million dollars for each of your past two years, and lost 2 million this year, your company would be allowed to get back all of the taxes paid for the past two years. This could result in huge corporate-tax rebates in 2008 and 2009. For instance, in 2008 there are projected to be 107 companies in the S&P 1500 that will lose...

Author: /time Magazine | Title: New Tax Rules: The Hidden Corporate Bailout | 12/10/2008 | See Source »

...less beneficial than candidates—successful or not— think. I looked on earlier this year as the competition toughened for my classmates, and as some first-year UC campaigns came to ape their Washington counterparts. Candidates, concerned with distinguishing themselves from a large pool, seemed to lose focus on what was important or relevant to the position they sought. Instead, they resorted to provocative slogans and ploys that served more to distract than to inform...

Author: By Elias A. Shaaya | Title: Campaign Sales | 12/8/2008 | See Source »

Let’s say hypothetically that because of a few bad decisions and utter negligence on my part, I destroyed the Washington Monument. People would be upset. School children would lose a quality backdrop for photographs. Jerry Bruckheimer would no longer have the archetypical Washington aerial shot needed before the president decides to send in an elite team, always manned by Nicholas Cage, to kill someone. And let’s not forget the mountainous heap of rubble. The consequences of my actions, I would estimate to cost the taxpayers around $500 million, and I of course would...

Author: By Steven T. Cupps | Title: Go Directly to Jail | 12/4/2008 | See Source »

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