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...life were fair, John "Boom-Boom" Howard and Peter "Put-It-on-Credit" Costello would one day get a monument honoring their services to consumerism, wealth accumulation and fat profits. Perhaps a statue at every shopping mall or a team portrait in real-estate agencies would do the trick. Or maybe the banks could issue platinum credit cards celebrating the Liberal Prime Minister and Treasurer's contribution to the Swipe-It culture. They've had some luck, no doubt, but Howard and Costello have taken taxing and spending to audacious new levels, pushed away the poor's support struts...

Author: /time Magazine | Title: Who Can Keep the Good Times Rolling? | 9/14/2004 | See Source »

Subtract the war on terror, including Iraq, and the Bush presidency looks small indeed. Buying short-term prosperity by goosing the economy with heavy borrowing is no trick at all, yet it's not clear that Bush has pulled off even this (except the borrowing). His party has controlled Congress for most of his term. Aside from the traditional Republican wealth-friendly tax cut, can you name a single major successful legislative initiative? O.K., prescription drugs for seniors. Starting in 2006. If it works, which many experts doubt...

Author: /time Magazine | Title: Viewpoints: The Case Against Him | 9/6/2004 | See Source »

...bosses in East Berlin. Conleth Hill (who amused Broadway audiences as one of the two actors playing dozens of roles in ?Stones in My Pockets? three years back) incarnates Guillaume as a piggy-faced toady who can?t help admiring his victim. ?He listens, that?s his trick,? he says of Brandt. The Chancellor, impersonated by Roger Allam (the original Javert in the musical ?Les Miserables?) with a puffed-out chest that shows awareness of his charismatic statesmanship, relishes danger, even the threat of a spy in his bosom: ?The merest possibility that Gunther is not what he seems makes...

Author: /time Magazine | Title: That Old Feeling: London Bridges the World | 8/30/2004 | See Source »

...moments an empire will be covered in dust. Brown's mood didn't improve after Saturday's 4-point loss to Lithuania, although, thanks to a Greek victory over Angola, his team backed into the medal round. But 12 years after the original Dream Team pulled off the improbable trick of charming its opponents while destroying them by an average of 43.8 points, Brown's U.S. squad is a long shot for gold and has become, unfairly, a fashionable symbol of American hubris. "For the record," says guard Dwayne Wade, "we know we're not the Dream Team...

Author: /time Magazine | Title: Basketball: The World's Got Game | 8/30/2004 | See Source »

...their next trick: taking on Wall Street pros at their own game and, improbably, coming out on top. Although much media coverage of Google?s Initial Public Offering portrayed it as a debacle, it was anything but. Brin and Page defied conventional wisdom by launching an IPO that marginalized middlemen and flustered investment bankers. The end result of its Dutch-auction: the company raised $1.67 billion in cash and millions for its individual employees. But it wasn?t without some turbulence. Brin and Page ran afoul of the SEC, reduced the number of shares sold and slashed the offering...

Author: /time Magazine | Title: Google Go Lucky | 8/20/2004 | See Source »

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