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...less sense when revenues are falling due to a slumping economy. Cutting spending now to reduce the budget deficit will only make a recession worse. This does not mean Tokyo should return to its failed policies of the 1990s by spending freely on wasteful construction projects and subsidies to special-interest groups. It means only that the government should accept modest deterioration of its balance sheet during an economic downturn...

Author: /time Magazine | Title: Stop the Rot | 8/28/2008 | See Source »

...heavy-handed pre-Games crackdown on dissent, continue to tighten their grip on power? Or will the spirit of civic activism that arose from relief efforts after the May earthquake in Sichuan be revived? Could reform-minded Party officials - like those who approved the publication of Southern Window's special issue - gain ground in their drive to ease control over areas such as the courts and the media...

Author: /time Magazine | Title: Mission Accomplished. Now What? | 8/28/2008 | See Source »

There was always the chance that Sonny Bill Williams would be special. Old-timers remember his maternal grandfather, Bill Woolsey, as one of the toughest men to wear the New Zealand rugby league jersey. Williams, who's part Samoan, started playing at the age of eight for Auckland's Mt. Albert club and was soon turning heads with precocious displays of power and skill. He was in primary school when spotted by a scout working for the Australian National Rugby League club Canterbury, which brought him over to Sydney's southwest when he was 15. Three years later, Williams...

Author: /time Magazine | Title: Power Play | 8/28/2008 | See Source »

...three speaking engagements he does every week. By several accounts his book deal with Simon and Schuster brought in a seven-figure advance. The Wall Street Journal declined to discuss his employment, and John Moody, his boss at Fox News, says only, "Karl brings a lot of special skills and we recognized that...

Author: /time Magazine | Title: Karl Rove's Campaign for Himself | 8/27/2008 | See Source »

...thought of a film - not that analysis was lacking, just an overall value judgment. I don't think that rendering an Olympian opinion was crucial for him. It was more important to look at the work closely, tunnel into its rhythm and visual texture, then write it up, with special attention to originality of expression and sentence-solving, so that the reader can approach the finished piece with the same concentration, and expectation of rewards, as any work of art. "I believe most of what I wrote," Manny told Ollman with a disconcerting blitheness, "but I'm more interested...

Author: /time Magazine | Title: Manny Farber: Termite of Genius | 8/26/2008 | See Source »

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