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...crucial to understanding an Administration in which energy lobbyists oversee mining and drilling, timber lobbyists oversee logging and the National Cattlemen's Beef Association has practically moved to the Department of Agriculture. These are Washington people, not corporate people. They make legislation, not payroll. They're insider hens who side with foxes and know the henhouse well...

Author: /time Magazine | Title: Washington Memo: One of Their Own | 5/24/2007 | See Source »

This is the flip side of the gargantuan trade deficits ($765 billion last year) that the U.S. is running, the result of high oil prices, Asian manufacturing prowess and our spend-and-borrow mentality. That leaves exporters like China the task of figuring out what to do with all those dollars. It's tougher than it sounds...

Author: /time Magazine | Title: Buy American! | 5/24/2007 | See Source »

...incentives for the states to move away from 50 different standards and 50 different tests and instead converge on NAEP or some other gold standard--perhaps Massachusetts' high-quality exams--as the national assessment. This would stop the states from watering down their standards--one of the most damaging side effect of NCLB and one the nation can't afford in a globally competitive economy. The estimated $600 million a year now spent on state testing programs could be used to improve instruction...

Author: /time Magazine | Title: How to Fix No Child Left Behind | 5/24/2007 | See Source »

...series called Torqued Ellipses, Serra arrived at the intricate configurations of space that are the great discovery at the heart of all his recent work. The ellipses were steel plates, 13-ft. high, that had been formed into twisted ovals you could enter through a gap on one side. With these Serra wasn't merely addressing space; he was creating space of a new kind. Literally new. At one point Serra and his attorney thought of having the form trademarked. "We dropped the idea," he says, "but we knew we had come upon something that hadn't been done before...

Author: /time Magazine | Title: Richard Serra's Big Show | 5/24/2007 | See Source »

...artists they produce right into the ground? The answer is yes. People have been buying and selling music for years without DRM, in a form you may have heard of called the compact disc. CDs have never had DRM attached. Off the record, most executives--on the technology side at least--will tell you that DRM is a dinosaur that's waiting for the asteroid to hit. It's just a matter of when the music industry will stop assuming its customers are all criminals...

Author: /time Magazine | Title: The Battle Over Music Piracy | 5/24/2007 | See Source »

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