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...exchange for her plea of no contest to a count of involuntary manslaughter and three counts of administering and furnishing narcotics to Belushi. Instead of a possible 25 years to life, she faces a maximum of eight years and eight months. Deputy District Attorney Elden Fox conceded that the accused ''honestly believes from a moral standpoint that she is not responsible for his death.'' Still, he will push for a three-year prison term. Said Fox: ''Cathy Smith is paying far less of a price for her participation (in drug abuse) than John Belushi...

Author: /time Magazine | Title: CLOSING THE BELUSHI CASE | 7/21/2008 | See Source »

This balancing act keeps the plan from being an outright bailout for either lenders or borrowers. But it also limits the likely uptake. The Congressional Budget Office (CBO) has made two estimates--one projects that 500,000 loans would be converted over the three-year life of the program, and the other projects 400,000. If that range proves correct, the plan wouldn't cost taxpayers much; the CBO estimates $729 million to $1.7 billion, depending on the uptake. By contrast, the Defense Department spends about $2 billion a week in Iraq...

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

...failure unless it's totally independent and we're not into supporting failures." Yet for Pro Publica to be considered a success, it will need to prove it can sustain a track record of high-profile, high-quality journalism and that it can survive past the Sandlers' initial three-year financial commitment. Such an achievement could create opportunities for more philanthropy-supported journalism. As Duke University economist James T. Hamilton puts it, "Newspapers used to be owned by people who were willing to trade off profits for the notion that they were doing the right thing." And with profits disappearing...

Author: /time Magazine | Title: The Nightly News, Not-For-Profit | 7/9/2008 | See Source »

Then came the fence builders. Now a formidable triple barrier runs through town: three fences, the tallest 20 ft. (6 m) high, separated by floodlit corridors watched 24/7 by beefed-up patrols. Agent Eric Anderson, a three-year veteran, recalled a day in his rookie year when Yuma Sector nabbed 800 illegal aliens. "Some days now, we see zero coming through here," he said. East of San Luis, the triple fence becomes a double line, then a single tall fence, until it reaches the rugged Gila mountains. Beyond the range, the fence resumes, but now it's in the deep...

Author: /time Magazine | Title: The Great Wall of America | 6/19/2008 | See Source »

Part of the blame for the regional atmospheric eccentricities, experts say, lies with La Niña: cool oceanic surfaces in the Pacific that generally produce wetter springs and early summers in the Midwest than El Niño would. The country is now in the middle of a three-year La Niña period. That explains the fierce rain that has battered central Midwestern states like Missouri, Illinois and Iowa. Flooding in Iowa's southeastern corner has been particularly pronounced this year, as it was last summer, mainly because bands of thunderstorms have stubbornly hovered above already-saturated...

Author: /time Magazine | Title: Behind the Midwest's Crazy Weather | 6/11/2008 | See Source »

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