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...created by genetic reprogramming. But he insisted that "our conscience calls us to pursue the possibilities of science in a manner that respects human dignity and upholds our moral values." Bush's vision of a moral dilemma caused by scientists and resolved by politicians seems like a characteristic scenario of the religious right. But these triple knots of science, morality and politics go back a long...

Author: /time Magazine | Title: Matters of Morality | 7/26/2007 | See Source »

...from the nearest Wal-Mart and buy instead from mom-and-pop stores stocked with higher-priced, locally made goods? Globalization would decelerate. Offshoring could be slowed, too, if vast numbers of buyers agreed to pay more for services whose workers are based in their home countries. Such a scenario, however, seems unlikely. In the 1970s, car buyers didn't hesitate to choose Toyotas and Hondas when they proved cheaper or more reliable than Fords and Fiats. Shoppers didn't object in the 1980s and 1990s when factories making their toys and tennis shoes moved to Mexico or China. Customers...

Author: /time Magazine | Title: Coping Strategies | 7/19/2007 | See Source »

...Kravis Roberts have scored some of the biggest buyouts ever in recent months, including TXU, First Data Corp. and Chrysler. But are these cash-heavy private-equity (PE) firms racing against time? They need to win and ink future deals before the leveraged-buyout (LBO) window slams shut--a scenario Wall Street experts are betting will happen sooner rather than later...

Author: /time Magazine | Title: Finance: A Private-Equity Peak? | 7/19/2007 | See Source »

...worst-case scenario is an Iraq war that becomes a regional conflict. Sunni sympathizers in the region - most notably in Saudi Arabia, Jordan and Syria - would funnel arms and cash to their kinsmen in Iraq to counter the Shi'ites, just as the government of Iran is quietly helping the Shi'ites themselves. "One of the things we've seen elsewhere, whether it is Ireland or Palestine," says Jon Alterman, Middle East director of the Center for Strategic and International Studies, "is that when you have people outside the country that are doing the paying, you will continue to have...

Author: /time Magazine | Title: How to Leave Iraq | 7/19/2007 | See Source »

...said Nelson. He feared that the large holes in inspection coverage that would leave the country open to sabotage, saying, "They just have to find the [products] that are not being reviewed at all." William Hubbard, former associate FDA commissioner, called the agency's woes, "a perfect storm-a scenario in which the United States is flooded with an enormous volume of food from abroad, where the risks to food are greater than ever before at a time in which the FDA's ability to protect our food supply is growing ever weaker...

Author: /time Magazine | Title: Filling Holes in the Food Supply | 7/18/2007 | See Source »

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