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...dollars into rural Hyogo prefecture. It's one of thousands of wasteful highway projects?known as roads to nowhere?that are gradually transforming Japan into a giant parking lot, causing the national deficit to spiral and propping up inefficient, bloated construction companies. This is exactly the sort of scheme Japan needs to curtail if it is going to get its economy back in shape. Reformist Yamaguchi, however, now that he is in office, supports the highway. "Of course I am lobbying the Ministry of Transportation that we have to build more roads," he says, explaining that a new road would...

Author: /time Magazine | Title: Going Nowhere Fast | 3/4/2002 | See Source »

...then, Mitterrand remained regally above the fray until four weeks before the election, when he launched a blistering campaign focused on a united France. Mitterrand trounced Chirac with 54% of the vote in the second round runoff, the biggest presidential majority of the past two decades. But Chirac's scheme went out the window two weeks ago when fresh polls showed him and Jospin running neck and neck. Chirac's dilemma was complicated by the return of Didier Schuller, who gave himself up to magistrates investigating alleged corruption by Chirac's Rally for the Republic (rpr) party...

Author: /time Magazine | Title: Jacques Goes on the Attack | 2/26/2002 | See Source »

...Chinese section of the city?past the reach of the colonial powers?justice was summary execution at the will of the neighborhood triad boss. This lawlessness combined with the wealth pouring into Shanghai's bustling port encouraged young, ambitious men and women with flexible scruples to dream and scheme?sometimes to their own graves...

Author: /time Magazine | Title: Sinners and the City | 2/25/2002 | See Source »

...alone to respond to file requests—in such a brief period of time. Much to the dismay of Texas’ state archivist, who has the resources to handle the thousands of pages and has been one of the most vocal opponents of Bush’s scheme, the shortest notice the library can give petitioners is 90 days. And because it is a federal institution, it claims no allegiance to Texas state law. As James Newcomb of the Better Government Association summed up, “Who needs a shredder when you have Daddy?...

Author: By Stephen W. Stromberg, | Title: Hide-and-Go-Stall | 2/22/2002 | See Source »

...ride, buy a bottle of sake, eat lunch, book a train ticket and supplement your wardrobe using a self-generated scrip the townspeople call yufu. "The yen isn't very stable anyway, is it?" says Ryuji Urata, a 38-year-old liquor-store owner who came up with the scheme two years ago. "So instead of being subject to what the national government does, we have our own strong currency...

Author: /time Magazine | Title: No Yen? No Problem! | 2/18/2002 | See Source »

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