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...party together - and bringing Clinton's big donors into the fold - is important. Even if her donors don't give the maximum of $2,300 to Obama, there's a lot they can help with elsewhere. "It is a lot to put on one person," said a Democratic strategist familiar with Clinton's fund-raising machine. "But at the same time, the Hillary people, the institutional, longtime party donors - they will be there, they will start to give." Many have not yet given to the DNC, or the Democratic Senatorial and Congressional Campaign Committees, which raise money to support Democratic...

Author: /time Magazine | Title: Obama: The Half-Billion-Dollar Man | 7/15/2008 | See Source »

...Asia have started raising interest rates. The Reserve Bank of India increased its benchmark rate twice last month to a six-year high of 8.5%. Indonesia's central bank raised its rate for three consecutive months. Governments "have to keep expectations [about inflation] anchored," says Andrew Freris, senior investment strategist for Asia at BNP Paribas Private Banking in Hong Kong. "For the next six to nine months, it's going to be tough. It is going to be tight...

Author: /time Magazine | Title: Tiger Trap | 7/10/2008 | See Source »

Like wedding chapels and funeral homes, The Weather Channel has become a permanent institution. For many people, "there is a sense of mystery and power about the weather," says Anstrom. Business strategist Shahid Khan of IBB Consulting in Princeton, N.J., says, "The Weather Channel has a very loyal following. It has cornered the entire market." The promise of a daily forecast may not be as sexy as, say, the new iPhone, but it is just as much a cash...

Author: /time Magazine | Title: The Weather Channel's Real Worth | 7/7/2008 | See Source »

...Vegas Strip. Back in 2005 he joined a group of journalists at a magazine-industry conference in Puerto Rico, offering betting strategy on request. "Enjoying craps opens up a window on a central thread constant in John's life," says John Weaver, McCain's former chief strategist, who followed him to many a casino. "Taking a chance, playing against the odds." Aides say McCain tends to play for a few thousand dollars at a time and avoids taking markers, or loans, from the casinos, which he has helped regulate in Congress. "He never, ever plays on the house," says Mark...

Author: /time Magazine | Title: Candidates' Vices: Craps and Poker | 7/2/2008 | See Source »

...presidential seal gaffe was swept away by the news that one of John McCain's top aides had been quoted saying that a new terrorist attack on U.S. soil before the election "would be a big advantage to him." It didn't matter that Charlie Black, a veteran GOP strategist and Washington power broker, was merely expressing a bit of conventional wisdom about American politics - that voters prefer Republicans over Democrats in times of national security crisis. What mattered was that he made it sound as though McCain were wishing for such a crisis to occur, which is why Black...

Author: /time Magazine | Title: The Week in Politics | 6/28/2008 | See Source »

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