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TAKE A LOOK BACK The truth is that the alliance has never enjoyed a golden age, not even when fighting Adolf Hitler. Britain stood nearly alone for two years before the U.S. declared war; as Winston Churchill famously said, "you can always rely on America to do the right thing--once it has exhausted the alternatives." Churchill and F.D.R. loathed free French leader Charles de Gaulle, and he loathed them in return. Wartime politicians and officials had volcanic fights about how to handle Joseph Stalin, whether to turn postwar Germany into an agricultural backwater, and whether to put the atom...

Author: /time Magazine | Title: D-Day: Where's The Old Magic? | 5/31/2004 | See Source »

...fact, rising rates should be met with cheers, not jeers. They confirm the recovery. Companies can start raising prices, allowing them to start hiring again too. Business is so good at Pine Hall Brick Co. in Winston-Salem, N.C., that the company raised prices 3% in January--its first increase since 2001 for face brick used in housing--and plans a similar price increase next year. The company is doubling output at its Fairmont, Ga., plant and boosting head count 8%, to 320 workers. "We designed the plant to double capacity over three years," says president Fletcher Steele...

Author: /time Magazine | Title: Why A Dose Of Inflation Is Good For You | 5/24/2004 | See Source »

...marketing strategy? Has it been replaced by its chintzy cousin, glitz? While it's true that glamour is no longer reserved for the lucky few, the original definition survives more or less intact. Consumers respond to celebrity, individual style, mystery and scarcity. Snob-appeal companies like Harry Winston, Tiffany & Co. and Neiman Marcus certainly have an easier time, since they own the upper end, yet--in Tiffany's case--can still sell $50 trinkets...

Author: /time Magazine | Title: We're All Glamorous! | 5/3/2004 | See Source »

Second, the context of war in general. What level of errorlessness--and admission of errorhave we demanded of our wartime leaders? In World War II, F.D.R. and Winston Churchill made scores of tactical errors that cost thousands of Allied lives. Did they apologize? Did they say they were sorry for the disastrous Operation Market Garden ("a bridge too far") or for the terrible losses in the Battle of the Bulge? It takes but a modicum of humility and humanity to recognize that in the pressure of war, tactical errors are inevitable...

Author: /time Magazine | Title: The Trouble with Apologies | 4/26/2004 | See Source »

...unlike him, I don't have to live it. He insists that Burma resembles Orwell's dystopia more with each passing year, from its crippling power cuts to the desperate popular obsession with the lottery. (Everyone in Burma seems to play the numbers.) But when I compare him to Winston, the rebellious protagonist who dares to trust his co-worker Julia, Ko Myo frowns and looks uncharacteristically glum. "There are no Winstons in this country," he says quietly. "People here don't even trust themselves anymore." Although he supports the U.S. sanctions, Ko Myo does not believe they will topple...

Author: /time Magazine | Title: Stone Age | 4/19/2004 | See Source »

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