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...denying China's Party-given right to rule them. Put the two together and you have the mainland's worst "splittist" nightmare. As the Dalai Lama sat down with all the island's then top political figures, Beijing practically tossed every invective across the narrow Strait of Taiwan short of declaring war. (Read "Why Taiwan's President Allowed the Dalai Lama Visit...

Author: /time Magazine | Title: Getting It Strait | 9/14/2009 | See Source »

That's the short answer to the pressing question of how it is that the erstwhile Representative from Texas and House majority leader from 2003 to 2005 is now dividing his time between Los Angeles and Houston, with the Initiative to Improve His Cha-Cha in advance of the Season 9 premiere on Sept. 21. But there are other questions, including Whaaat?! Why would DeLay, 62, want to be on a dancing show? Also, why would a dancing show want DeLay? (See the top 10 performing politicians...

Author: /time Magazine | Title: Dancing with the Stars: The Tom DeLay Edition | 9/14/2009 | See Source »

...national profile, who has the time and stamina for five hours of rehearsal six days a week. Most incumbents are too busy, most retired politicians are too frail, and most losing candidates are too forgotten. That pretty much narrows it down to someone whose political career was cut short after a big scandal and - since the show's core audience is older women - preferably one that didn't involve infidelity. (Put the tux back in storage, John Edwards...

Author: /time Magazine | Title: Dancing with the Stars: The Tom DeLay Edition | 9/14/2009 | See Source »

...some point it does have to start mattering. But one of the great mysteries of modern politics and economics is where exactly that point might be. When the Federal Government runs a deficit, it has to borrow money. It does so by selling Treasury securities, ranging from short-term bills to 30-year bonds, on which it pays interest. This is like you or me borrowing to cover a shortfall or buy a house, with a crucial difference: countries are, in theory at least, immortal. They can keep rolling over their debts indefinitely. The U.S., with its centuries-long record...

Author: /time Magazine | Title: America and Its Deficits: Are We Broke Yet? | 9/14/2009 | See Source »

...transformative impact on America's beleaguered public-education system. On July 24, he stood beside President Barack Obama and announced the guidelines for states to compete for most of that cash. The $4.35 billion Race to the Top (RTT) fund lets states apply for grants that focus on a short list of reforms guaranteed to anger one of the Democratic Party's core constituencies, the teachers' unions. (The remaining $650 million will go to innovative local school districts and nonprofits.) With Duncan handling the ball, the Obama Administration is about to square off with the unions over perhaps the most...

Author: /time Magazine | Title: Can Arne Duncan (And $5 Billion) Fix America's Schools? | 9/14/2009 | See Source »

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