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Dates: during 2000-2009
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...lending up to 300 works. (The total deal amounts to $1.3 billion; some other French museums participating in the government-backed project will share the rest of the proceeds.) When the deal was struck last year, an Internet petition declaring "our museums are not for sale" quickly drew several thousand signatures, including those of well-known curators and others in the French art world. The Louvre responded with its own statement, signed by Loyrette and all his department heads, promising that the accord didn't mark "the commercialization of culture, which all of us oppose." It's a tricky issue...

Author: /time Magazine | Title: Le Louvre Inc. | 7/16/2008 | See Source »

...Does America really need to wall itself off?" Think 12 million to 20 million illegal invaders, tons of illegal drugs and more than a thousand associated deaths, just for starters. On the other hand, think of the joy of getting our grass cut on the cheap. Edward Dougherty, Franklin Lake, New Jersey

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

...financial and environmental bill for a century of runaway growth and exploitation is coming due. The housing bust has exposed a human pyramid scheme - an economy that relied on a thousand newcomers a day, too many of them construction workers, mortgage bankers, real estate agents and others whose livelihoods depended on importing a thousand more newcomers the next day. And the elaborate water-management scheme that made southern Florida habitable has been stretched beyond capacity, yo-yoing between brutal droughts and floods, converting the Everglades into a tinderbox and a sewer, ravaging the beaches, bays, lakes and reefs that made...

Author: /time Magazine | Title: Is Florida the Sunset State? | 7/10/2008 | See Source »

...economy," says Graham, the former Senator. New corporate subsides will be a tough fiscal sell. "The politicians have told us: Not if it costs money," says Space Coast economic-development director Lynda Weatherman. The shuttle will be canceled in 2010, and her region may lose 6,000 jobs. "Six thousand one, if I can't figure out how to attract new ones," she says...

Author: /time Magazine | Title: Is Florida the Sunset State? | 7/10/2008 | See Source »

...case taxpayer bailout of mortgage-market giants Fannie Mae and Freddie Mac, whose plummeting stock prices caused consternation in early June, could cost as much as $1.1 trillion, according to Standard & Poor's. Which brings us back to the big question: Would a law that helps a few hundred thousand homeowners avoid foreclosure really have an impact on house prices? Well, compared to what...

Author: /time Magazine | Title: The Not-Quite Bailout | 7/10/2008 | See Source »

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