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...only every U.S. presidential campaign could be relived in song and dance. As a new musical in Germany about Barack Obama's rise to the top demonstrates, politics takes on a whole new comical meaning when set to music. In one scene, for instance, a Sarah Palin look-alike belts, "I'm a pit bull!" while surrounded by scantily clad go-go dancers. In another, John McCain performs a rock song called "See You in November" with an ever-so-slight German accent. The Obama character, meanwhile, sings excerpts from the candidate's actual speeches while backed...

Author: /time Magazine | Title: Obama, the Musical: Germany's Stage Love Letter | 1/20/2010 | See Source »

When new owners took over an apartment building in the New York City borough of Queens, they promptly set about filing eviction notices, suing nearly half of the building's tenants - some of them multiple times - within the first 16 months. That amounted to 965 court proceedings against 2,124 apartments, compared with just 50 court proceedings in the final year of the previous owner. The complaints alleged that the tenants were subletting illegally or had not paid their rent or security deposits, even though the tenants often had records proving otherwise. To the tenants, it seemed as though every...

Author: /time Magazine | Title: Should Private Equity Invest in Residential Real Estate? | 1/20/2010 | See Source »

...signature columns and opinion pieces. That experiment was abandoned, perhaps partly because the writers chafed at the limits this put on their reach, but also because it limited the advertising play. TimesSelect attracted 210,000 people, according to the newspaper, at about $50 a throw. As the recession set in and the Times' balance sheet began to look more reddish, executives may have come to mourn that lost $10 million...

Author: /time Magazine | Title: The New York Times to Gingerly Charge for Website | 1/20/2010 | See Source »

Though U.S. policy subsequently shifted, and the Iraqi parliament has nominally watered down de-Baathification laws, the early effort to purge the old regime still haunts Iraqi politics. Last week, the Accountability and Justice Commission, the remnant of a de-Baathification committee set up by the Americans, banned 499 Iraqi politicians from running in the national parliamentary election on March 6. Not only does the move damage the fragile reconciliation process between Sunni and Shi'ite factions, but it also throws the country's democratic process into disarray just as a landmark election is scheduled to take place...

Author: /time Magazine | Title: Could a Sunni Candidates Ban Imperil Iraq's Election? | 1/19/2010 | See Source »

...government said it would spend $176 billion on reconstruction by 2011. (The total recovery cost is estimated at $250 billion.) As of last June it had already spent more than $50 billion. Some of the expenses have been shouldered by other parts of China. Twenty provinces have set aside 1% of fiscal revenues for two years to help rebuild Sichuan. That's another advantage that China has over Haiti. As a large nation with a rapidly growing economy, it can divert money from more prosperous areas to aid one devastated region...

Author: /time Magazine | Title: Haiti and China: A Tale of Two Earthquakes | 1/19/2010 | See Source »

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