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...last time Mexico tried invading the U.S., in 1916, Pancho Villa led a doomed horseback adventure that was quickly snuffed out by Uncle Sam. So you had to admire the stealthy 21st century raid Mexico launched last week: the way the invaders all wore business suits, the way they struck one by one at inland targets like Detroit, Chicago and Milwaukee, the fact that they came not to conquer but to lobby--and all with the tacit encouragement of the American President. As the Mexican Foreign Minister and three of his country's leading Senators traveled the U.S. recruiting allies...

Author: /time Magazine | Title: Out Of the Shadows | 7/30/2001 | See Source »

...first thing the Administration needs to be careful to do is to win the war over who lost the surplus. Democrats blame Bush's $1.35 trillion tax cut. Without that money, they argue, Bush could be forced to raid sacrosanct Medicare and Social Security trust funds. "This new Administration inherited the largest budget surplus in our nation's history," complains John Spratt, senior Democrat on the House Budget Committee. "Yet after only five months, the record eight-year string of improving budgets is over...

Author: /time Magazine | Title: The One That Got Away | 7/23/2001 | See Source »

...June 15. Last week six Swedes went on trial for violent rioting and attempting to seriously injure a policeman. "What happened was not a spontaneous outburst of violence," Landahl says. "It was planned." Five more suspected Danish AFA activists were arrested before the summit began, after a police raid of their apartment turned up explosives and cans of acid. Genoese intelligence experts are monitoring an AFA website that details some protest plans for Genoa--where AFA's activities will mostly be carried out by members from Spain and France...

Author: /time Magazine | Title: Chaos Incorporated | 7/23/2001 | See Source »

...successful 1999 bid for Telecom Italia, which Fiat opposed. Still, the notion of a vendetta shouldn't be overplayed: shares in a company called HdP, whose investments include the newspaper Corriere della Serra and the designer Valentino, shot up briefly this month on hopes that Fiat might lead a raid there as well. Fiat had declined to renew a syndicate pact with other HdP shareholders, including Mediobanca. Last week, however, Fiat rejoined that club. The fact is that Fiat's interest in Montedison - or, more precisely, in Montedison's majority stake in energy producer Edison - makes sense on its merits...

Author: /time Magazine | Title: The End of The Affair | 7/23/2001 | See Source »

...Titanic playbook and found its heated romance the perfect device to narrow the distance between a great historical happening and today's essentially antihistorical audience. Two strapping pilots (Ben Affleck and Josh Hartnett), friends since boyhood, fall for a hot nurse (Kate Beckinsale). Ultimate sacrifices ensue. It requires the raid on Tokyo by Lieut. Colonel James H. Doolittle to resolve the romantic conundrum and a lot of audience patience to sit through the dithering...

Author: /time Magazine | Title: Pearl Harbor's Top Gun | 7/16/2001 | See Source »

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