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...President does sign it, the reform still won't take hold right away. It was carefully designed not to kick in until after the Nov. 5 election. That way, the parties--which have been stockpiling hundreds of millions of dollars since last year--need not surrender that cash before the upcoming battle for control of Congress. The Democratic National Committee also has $30 million in soft money that it plans to spend quickly for a new headquarters. "It reminds me of the old drunk who swears he will quit drinking tomorrow, but he's going to get drunk tonight," says...

Author: /time Magazine | Title: Looking for the Loopholes | 2/25/2002 | See Source »

...last time Congress passed sweeping campaign-finance reform was in 1974, after the Watergate scandal. But the big bucks have long since crept back in. "Any campaign-finance reform law works for a period of time," says Anthony Corrado, a Colby College professor of government. "But it has to be revisited from time to time, or the money will find ways to get back into the system." If Shays-Meehan becomes law, it should help clean up the money game, at least until its reforms are slowly strangled by loopholes. That's a noble fate for a bill that...

Author: /time Magazine | Title: Looking for the Loopholes | 2/25/2002 | See Source »

That was a sign that Rogge is determined to depart from the laissez-faire ethics of his predecessor, Juan Antonio Samaranch. An even better sign will be an aggressive reform of Olympic judging. But for now it's plain at least that he means to distinguish himself from Samaranch, who winked at controversies such as the bribery scandals that led up to the choice of Salt Lake City as the site of this year's Winter Games and routinely ignored reports of bogus judging. Rogge understands that the value of the Olympic brand is on the line. He was determined...

Author: /time Magazine | Title: A Sport on Thin Ice | 2/25/2002 | See Source »

...Texas photo op is dear to Jiang because he's had a spate of bad publicity of late. Frustrated proponents of political reform have smuggled abroad an insider's memoir, believed authentic by U.S. sinologists, called Zhu Rongji in 1999. A hatchet job, the book, thought to be written by a Zhu aide, accuses Jiang of undermining China's immensely respected Premier by playing petty political games?denying him the office space he wanted, for one thing?and doing "everything in his power to turn Zhu Rongji into a figurehead." Then there's the indignity of revelations by military leaders...

Author: /time Magazine | Title: Foul-Weather Friends | 2/25/2002 | See Source »

...major charm offensive from Prince Abdullah himself. During two days of meetings with Time, which included rare visits to his private office, home and equestrian farm, the Crown Prince repeatedly stressed his alliance with the U.S., acknowledged many of Saudi Arabia's ills and discussed his plans for reform. Last week, he even tossed out an intriguing Middle East peace initiative. "We have gone through shock and denial," explains a Saudi official. "Now we're asking, 'Do we need to change...

Author: /time Magazine | Title: How to Bring Change to the Kingdom | 2/25/2002 | See Source »

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