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That Orwell--he was so 1984. Today, when Youth is a secular religion and a huge industry, you can choose your favorite age and, with the help of wonder drugs, stay there. So let's join the 21st century and hear it for Botox, which may soon guarantee that at 50 everyone will have the face she, or he, can afford...

Author: /time Magazine | Title: Smile--You're On Botox! | 2/18/2002 | See Source »

...wonder Michael Shanahan, chairman of Capital Research & Management Co., the nation's third largest mutual-fund manager, thinks of dividends as a defense mechanism. "Dividends act as a check on corporate hubris," he explains. "Giving some money back to shareholders gives the shareholders the ability to decide what to do with it." Ralph Nader complains to TIME that Microsoft is "piling up $50 million a day. It tells shareholders that the only way they can benefit from Microsoft shares is to sell. That isn't good enough. Shareholders own the company--it's their money...

Author: /time Magazine | Title: Give Us Our Dividends | 2/18/2002 | See Source »

...issued credit card." "I'm sure there are those who appreciate your parental concern," conceded a Californian who took offense at our youthful emblem of vulnerability, "but there are others who don't consider this a flattering mirror and who wonder if there is not just a little more contempt than compassion for those whom it is your ambition to inform." Or as a Minnesotan put it, "Please portray the American public as it is--grown-up and thoroughly confused...

Author: /time Magazine | Title: Letters: Feb. 18, 2002 | 2/18/2002 | See Source »

...Japanese now realize that their great prosperity machine, a wonder in its day, has run down. Even the best machines - especially the best machines - need regular re-engineering: parts that hummed along in one era get jettisoned in the next. Japan is loath to do that kind of tinkering. Throughout the '90s, with most voters comfortably well-off and complacent, leaders were able to subvert the kind of creative destruction that could have reinvigorated Japan's economic infrastructure. As a result, no entrepreneurial phoenix is rising from Japan's industrial ashes. Real-estate values are at 1982 levels. Manufacturing...

Author: /time Magazine | Title: The Sun Also Sets | 2/18/2002 | See Source »

...From then on, the lyrical and deep sound of his horn reinvented the familiar tune, revealing and reveling in an inner sadness too often missed by breezy tenor saxophonists. From there it was on to the equally thoughtful “Another Star” by Stevie Wonder, whose ascending melody neatly complimented the falling cadences of “Footsteps.” As if to convince the audience that the tune had an intrinsic beauty separate from his sweet interpretation, he had the reluctant crowd sing it back in response; and on the fourth try they nearly...

Author: By Evan Lushing, CONTRIBUTING WRITER | Title: Frankie V: One Smooth Dude | 2/15/2002 | See Source »

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