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...rejection at the voting booth. She proposed to raise the value-added tax in 2006, and, more saliently, chose as her prospective finance minister a Heidelberg professor associated with the flat tax, a fixed-rate income tax. According to some commentators, this may have been the innovation which sank Merkels boat. On the other hand, it was apparent throughout the campaign that the changes Merkel represented were of style rather than substance. Even within the CDU, her proposals generated controversy, casting uncertainty on future labor reforms. Further, her liberalism was circumscribed, so that her immigration policy, for instance, remained protectionist...

Author: By Alexander Bevilacqua, | Title: Quo Vadis, Germania? | 10/4/2005 | See Source »

...east of New Orleans to form a superchannel that points like a shotgun at the city's low-income, low-elevation Ninth Ward. Hurricanes merely pull the trigger. Both Katrina and Rita brought storm surges from the Gulf and Lake Pontchartrain that crashed unimpeded, blasted past the levee and sank the district...

Author: /time Magazine | Title: Unsafe Harbor | 10/3/2005 | See Source »

...This is fury, the vintage Rushdie kind, not the phony outrage at the shallowness of the Western world that sank Fury, but a wrath aimed in the opposite direction?at the medieval barbarism that lingers in our only half-modern world. Shalimar, weak and improbable whenever its action leaves Kashmir, is not of the caliber of Midnight's Children, but it does mark Rushdie's re-engagement with the themes of political injustice and religious bigotry?themes that have made him one of our most important living novelists. The good news for his fans is that, once again, Rushdie knows...

Author: /time Magazine | Title: A Fable of Fury | 8/29/2005 | See Source »

...ears," writes Stevenson in A Footnote to History (1892), his journalistic account of the cultural friction that greeted his 1889 arrival in Apia. Samoa was shaping up as the site of a naval conflict between Germany and the U.S., backed by Britain, but war was averted when a hurricane sank several battleships in Apia's harbor. Stevenson prophetically saw the disaster - which led to the signing of the Berlin Treaty - as a historical turning point. With its personal reportage, using fictional techniques, A Footnote was also a pioneering work of journalism...

Author: /time Magazine | Title: Treasure of the Islands | 7/25/2005 | See Source »

...bomb can take place only if the weapon is armed electronically, which cannot happen accidentally. The warheads in the damaged tube "were obviously blown apart in the force of the explosion," says Vice Admiral Powell Carter Jr., director of the Joint Staff. Whether their remnants burned up or sank to the bottom of the ocean, they pose no danger; undetonated warheads contain only a small amount of radioactive material...

Author: /time Magazine | Title: Science: A Scary Accident at Sea | 6/21/2005 | See Source »

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