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Critics don't buy it and see the credit- debit function as the thin edge of the banking wedge. "I cannot believe they are doing all of this to save $5 million a year," the equivalent of about nine minutes of sales, says Terry Jorde, president and CEO of Country Bank USA in Cando, N.D. The fear, says Lawrence White, a professor of economics at New York University, is that the company will do to retail banking what it has done in apparel and groceries. Indeed, the application Wal-Mart filed would allow it to request a changed business plan...

Author: /time Magazine | Title: Wal-Mart's Bank Shot | 4/17/2006 | See Source »

...week that it had mastered uranium enrichment, will also be on the table. China has hinted that it might use its Security Council veto to block possible economic sanctions against Tehran. Green expects "Hu will be under some pressure [from Bush] to signal that China's patience is wearing thin...

Author: /time Magazine | Title: Hu's Coming To Lunch | 4/16/2006 | See Source »

...mind as this debate unfolds in the coming weeks. First of all, the U.S. military is always war-gaming possible scenarios to attack potentially vexing nations, especially those with a hankering for weapons of mass destruction. Secondly, the U.S. Army and Marines - make no mistake about it - are stretched thin in Iraq and Afghanistan. So if Washington opts for that dubious hat trick - wars under way in Afghanistan, Iraq and Iran, all at the same time - an Iranian attack will come from the skies, not from the ground...

Author: /time Magazine | Title: How Attacking Iran Would (or Wouldn't) Work | 4/10/2006 | See Source »

...will admit my own prejudice: my deep affection and respect are for those who volunteer to serve our nation and therefore shoulder, in those thin ranks, the nation's most sacred obligation of citizenship. To those of you who don't know, our country has never been served by a more competent and professional military. For that reason, Secretary of State Condoleezza Rice's recent statement that "we" made the "right strategic decisions" but made thousands of "tactical errors" is an outrage. It reflects an effort to obscure gross errors in strategy by shifting the blame for failure to those...

Author: /time Magazine | Title: Why Iraq Was a Mistake | 4/9/2006 | See Source »

...beginning. Image consultants, PR firms, advertisements are all standard in the medical world today. Hospital administration is largely concerned with the question of "how can we get more (paying) patients through here?" Few of us are surprised, of course; the market for patients is competitive and payments are thin-hospitals and doctor's practices do fail quite often. The reason we just can't get comfortable with the idea of medicine as a business is this though: when a ship is going down, they don't "market" the life jackets...

Author: /time Magazine | Title: Why It's Not About Sick People | 4/6/2006 | See Source »

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