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...political process, the voting often rewards not the films that appealed to the most people, but the ones that managed to annoy the fewest. At the New York gathering, for example, the tug of wills on early ballots for best film was between Slumdog and Rachel; each had strong adherents and, it turned out, strong detractors. By the fourth ballot, a winner had emerged: Milk, which, for many members, was the least objectionable film in the bunch. Who could cavil at the choice of a quality bio-pic about a slain gay activist...

Author: /time Magazine | Title: Awards Fever: Film Critics vs. the Golden Globes | 12/11/2008 | See Source »

...Home's aesthetic is like Larry Flynt meets Lake Woebegone: All the men are strong, the women big-breasted and the children - well, there are no children because that would be really creepy...

Author: /time Magazine | Title: A First Look at PlayStation Home | 12/11/2008 | See Source »

...Still, one of the arguments for the $700 bailout has long been that there was a strong possibility that the government's plan would be able to stabilize the banking system and make money for taxpayers at the same time. For now, that doesn't seem to be the case...

Author: /time Magazine | Title: Treasury Investments Already $16 Billion in the Red | 12/11/2008 | See Source »

...Turning Savers into Spenders the goal for china's transition sounds straightforward enough. "We've become a big economy," says Wang Zhenzhong, an adviser to the Chinese government and director of the economic-research institute at the Chinese Academy of Social Sciences (CASS). "Now, we need to become a strong economy." In a nutshell, this means becoming a bit more like Japan by developing domestic, technologically formidable manufacturers, rather than just making a lot of inexpensive stuff for the rest of the world. It also means becoming a bit more like the U.S., where factory jobs have over the years...

Author: /time Magazine | Title: Wanted: A New Miracle | 12/11/2008 | See Source »

...High-Tech Solution To economic policymakers, the real meaning of becoming a strong economy lies beyond getting citizens to spend more and expanding the service industry. The next Chinese miracle, at root, will mean becoming a first-rate technological power. China's road ahead was on display earlier this month in Shanghai, when a San Francisco - based company called the Cleantech Group hosted a venture-capital forum aimed at driving investment dollars toward alternative-energy entrepreneurs on the mainland. Opportunities appear to be plentiful, despite the dim economic environment. Forum attendee Patrick Tam, CEO of Beijing Tsing Capital, says...

Author: /time Magazine | Title: Wanted: A New Miracle | 12/11/2008 | See Source »

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