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...that his tax plan would raise levies on "900,000 small businesses" by arguing that even the President would qualify as one, thanks to investment income. Kerry had a basis in fact, although an obscure one. Bush reported $84 in income in 2001 from an entity called Lone Star Trust, whose main business was oil and gas; it later listed a stake in a timber company...

Author: /time Magazine | Title: Campaign '04: The Debates: WHO STRETCHES THE TRUTH? | 10/18/2004 | See Source »

...makes financial sense: parents get retirement income, and kids get an appreciating asset. "With real estate prices skyrocketing in the past 10 years, people's homes increasingly make up a significant portion of their retirement portfolios," says Dennis Belcher, past chairman of the section of real property, probate and trust law of the American Bar Association (A.B.A.). For the kids, it's a way, involving minimal risk, to get into a house that they might not otherwise be able to afford...

Author: /time Magazine | Title: Home Advantage | 10/18/2004 | See Source »

...practically razed the city there is still no running water. The atmosphere is sour, too. Gathered in the apartment are members of the two main anti-Russian factions: the Wahhabis and those aligned with Aslan Maskhadov, the Chechen President overthrown by the Russians in 2000. Jamal knows he can trust the non-Wahhabi resistance not to betray him. But Maskhadov's men emphasize their disdain for the Wahhabi prohibition on alcohol and tobacco by drinking vodka and smoking cigarettes as Jamal talks. In late August, when guerrillas cordoned off parts of Grozny and killed at least 50 officials and paramilitaries...

Author: /time Magazine | Title: Rebels With Conflicting Causes | 10/17/2004 | See Source »

...participate in this week's elections for the Kosovo Assembly, the provisional local government. But the Trajkovics, like most other Serbs, want no part of it. "Who are we to vote for?" asks Ilija, 53, huddled over a space heater as rain pounds the steel roof overhead. "We trusted the U.N. before and look what it got us. My family has lived in Kosovo for 500 years. But there is no future here." For Kosovo's Serbs and Albanians alike, this week's vote is about more than just who will fix potholed roads. It could be the first step...

Author: /time Magazine | Title: A Little Local Poll or The Birth of a Nation? | 10/17/2004 | See Source »

...European Commission's chief accountant; for going public with allegations that the European Union's €100 million annual budget was vulnerable to fraud and abuse; in Brussels. She was hired in 2002 to clean up the E.U.'s accounting procedures but was suspended for disloyalty and breach of trust a few months later, after she complained about its lax accounting system. BARRED SAUDI WOMEN; from voting in the country's first nationwide municipal elections; in the capital, Riyadh. The country's election committee head, Prince Mansour bin Mutib bin Abdul Aziz, said it isn't possible...

Author: /time Magazine | Title: Milestones | 10/17/2004 | See Source »

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