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...have a harder time obtaining these treasures. Tucked into the Pension Protection Act, which President Bush signed into law in August, the law imposes stricter limits on the popularly used method by which art collectors donate their works to museums. In the past, collectors would often hand over partial ownership of a painting--usually from 10% to 20%--and take a tax deduction for an equivalent percentage of the appraised value. The write-off on subsequent donations could rise each time the painting's value grew. Donors got a tax break, and museums got the art to exhibit...

Author: /time Magazine | Title: Portrait of a Bull Market | 11/13/2006 | See Source »

...Sullivan said that total, literal belief in ancient Scriptures of all kinds is a bad thing and that partial, selective belief is not so bad. Can we go one step further and assume that no belief at all would be best? Andrew Staudzs Winnipeg, Canada

Author: /time Magazine | Title: Letters | 11/11/2006 | See Source »

...Wolfowitz, like Rumsfeld, was also partial to the fantasy that the Iraqis would greet U.S. troops with sweets and flowers and that no occupation mission would really be necessary. Then again, no Administration official could match Dick Cheney for spinning fables on Iraq - from "reconstituted" nukes to U.S. forces being "greeted as liberators," and an insurgency on its last legs - and he's still...

Author: /time Magazine | Title: Should Rumsfeld Be the Scapegoat? | 11/9/2006 | See Source »

Conflicted is a tough attitude to convey, and it deserves partial credit for the book’s success. A book like this could have veered too far in the direction of condemnation and alienated hoi polloi, or fallen into bland history, which would have killed it before it hit the shelves. As it is, Savan sheepishly employs the same language that she lovingly derides, and one gets the sense that she was blushing as she wrote certain passages...

Author: By Jillian J. Goodman, CONTRIBUTING WRITER | Title: Like, Oh My God, What Are We Saying? | 11/6/2006 | See Source »

Full Face Transplant Hospital board approves surgery Nearly a year after the world's first partial face transplant was performed in France, surgeons at London's Royal Free Hospital got the go-ahead to seek a volunteer for the first full face transplant...

Author: /time Magazine | Title: What's Next: Nov. 6, 2006 | 10/29/2006 | See Source »

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