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...fighting World War I, and more than 10 times the cost of 1991's Persian Gulf War (90% of which was paid for by U.S. allies). The war on terrorism looks set to surpass the costs the Korean and Vietnam wars combined, topped only by World War II's price tag of $3.5 trillion...

Author: /time Magazine | Title: The $1 Trillion Bill for Bush's War on Terror | 12/26/2008 | See Source »

...These costs, of course, pale alongside the price paid by the nearly 5,000 U.S. troops who have lost their lives in the conflicts - not to mention the wounded - and the families of all the casualties. And President Bush insists that their sacrifice and the expenditure on the wars have helped prevent a repeat of 9/11. "We could not afford to wait for the terrorists to attack again," he said last week at the Army War College. "So we launched a global campaign to take the fight to the terrorists abroad, to dismantle their networks, to dry up their financing...

Author: /time Magazine | Title: The $1 Trillion Bill for Bush's War on Terror | 12/26/2008 | See Source »

...economic cycle. We really don't have a lot of evidence right now to support an emphasis on value stocks. We prefer growth stocks, though there's more than one type of growth stock. There are the companies offering stable growth, where the stocks sell at a reasonable price, and then there's kind of the momentum growth. And growth mutual funds follow one or the other - they rarely follow both. We prefer growth at a reasonable price, not the momentum fund...

Author: /time Magazine | Title: Q&A: Merrill Lynch Strategists on the '09 Outlook for Stocks | 12/22/2008 | See Source »

...Gordo drawing has other beneficiaries besides the lucky winners: more than $80 million of the money collected goes to charities such as the Red Cross. The hefty payouts are thanks in part to the high price of an El Gordo ticket, or billete. One whole ticket costs about $280, although each ticket can be divided into 10 chances, or "decimos", with the same printed number, and split among several people. Every year, groups of friends, neighbors and co-workers all over the country pool resources for a chance at one of the millions of prizes. Over the course...

Author: /time Magazine | Title: The World's Biggest Lottery | 12/22/2008 | See Source »

...million. "It will be very wrong for anyone to compare how much it costs to the value that ICTR has achieved," says court spokesman Roland Amoussouga. "Have you seen how the message coming out of the Bagosora case was received by whole international community? That value has no price...

Author: /time Magazine | Title: A Final Measure of Justice in the Rwandan Genocide | 12/20/2008 | See Source »

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