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That's the idea, anyway. In fact, there are serious questions about the FCS. Only two of its 44 key technologies are mature enough to generate reliable cost estimates, according to the Government Accountability Office. The Army has so far spent $18 billion trying to get the FCS to work and plans on spending $21 billion more before it gets a formal green light for production in 2013, when key performance tests still will not have been done. And the FCS's vaunted mobility has already been scrapped; the Army has abandoned plans to transport all those vehicles...

Author: /time Magazine | Title: Can Robert Gates Tame the Pentagon? | 2/12/2009 | See Source »

...more interested in impressing other comedy writers than in pleasing an audience. This is why most comedy sucks. If we thought we could have gotten away with an opening number that made fun of genocide, we would have. Instead, we just wasted hours making those jokes anyway. We also spent a lot of time trying to figure out if we'd get in trouble for ordering room service. The answer...

Author: /time Magazine | Title: I Wrote the Oscars! | 2/12/2009 | See Source »

...recession was mild. It was followed, though, by an explosion of debt and imprudence. The savings rate (the percentage of personal income left after spending) fell below 1% for the first time since the early 1930s and stayed there from 2005 through 2007. Millions of Americans spent trillions of dollars on things--houses, mainly--they couldn't afford...

Author: /time Magazine | Title: Resolving the Paradox of Thrift | 2/12/2009 | See Source »

...know where your resolution is? If you're like millions of Americans, you probably vowed to lose weight, quit smoking and drink less in 2009. You kicked off January with a commitment to long-term well-being--until you came face-to-face with a cheeseburger. You spent a bundle on a shiny new gym pass. Turns out, it wasn't reason enough for you to actually...

Author: /time Magazine | Title: Making Good Health Easy | 2/12/2009 | See Source »

...state-stabilization fund that House Democrats wanted to see directed toward school construction. The three Senate Republicans - Maine Senators Olympia Snowe and Susan Collins and Arlen Specter of Pennsylvania, without whose votes the bill would not have passed the Senate - wanted to leave how the funds would be spent up to governors. Ultimately, the two sides agreed to allow governors the option of spending the money on school construction but not limit the money to that. "There's no question that one of our overriding priorities in the House was a very strong commitment to school construction," Pelosi said...

Author: /time Magazine | Title: Stimulus Deal Shows Reach — and Limits — of Obama's Power | 2/12/2009 | See Source »

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