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...Most intriguing, a majority of those surveyed believe in the power of Big Government to solve the biggest problems of our time. They support major government investments that create jobs - 82% favor public works projects - and they remain sympathetic to the economy's victims: 70% say more government programs should help those now struggling. It is a shocking shift in sentiment, a counterreformation of sorts in a Republican-led era that emphasizes deregulation and self-reliance. Do Americans really want more government? The answer to that question may be provided in the November election. But history has shown that when...

Author: /time Magazine | Title: 85% of US Unhappy with Economy | 7/16/2008 | See Source »

...Friends of the Louvre. Among the guests at the June gala were the billionaire Mexican art collector Eugenio Lopez, Malaysian tycoon Francis Yeoh and Dasha Zhukova, the girlfriend of Russian oligarch Roman Abramovich. There's also money to be found in France: as well as campaigning vigorously to convince major French companies to contribute, Loyrette has created a circle of young donors that is attracting a new generation of entrepreneurs...

Author: /time Magazine | Title: Le Louvre Inc. | 7/16/2008 | See Source »

...described as having 180 million coaches. But the players he chooses are also coming in for flak in a controversy that has raised the question of just what it means to be Brazilian. Many fans believe that when Brazilian players make it big and are signed to play for major European professional teams, they lose their identity and national pride. (Indeed, there are currently more than ten other countries, ranging from Spain and Portugal to Croatia, Poland and Japan, that have awarded citizenship to Brazilian pros in order to field them in their national soccer teams.) Players earning millions...

Author: /time Magazine | Title: Brazil Wants Its Soccer Team Back | 7/15/2008 | See Source »

...agitated, defensive voice, Pena said an FAA report proved that discount airlines were as safe as the major carriers. But Pena had to know this simply wasn't true. He was protecting an airline just the way government officials had for decades. In fact, the FAA had an avalanche of evidence that proved that ValuJet had been troubled for months and that other marginal airlines were just as unsafe. Conclusions from the report Pena referred to were etched into my memory. It revealed that the cumulative safety rate of discount carriers was skewed because one of them, Southwest...

Author: /time Magazine | Title: FLYING INTO TROUBLE | 7/14/2008 | See Source »

...aircraft: helicopter blades, brake components, engines, engine starters, fuel bladders, generators, bearings, speed drives, avionics, cockpit warning lights, landing gears, wheels, combustion liners, parts of helicopter tail rotors, windshields and entire wing and tail assemblies. We would confiscate parts made in basements, garages and weld shops, or from major U.S. manufacturers and from Germany, France, England, New Zealand, Canada, Japan, China, the Philippines, Taiwan or unknown countries. They even showed up on the President's helicopters and in the oxygen and fire-extinguishing systems of Air Force...

Author: /time Magazine | Title: FLYING INTO TROUBLE | 7/14/2008 | See Source »

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