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July
2
Most gamblers die broke, which is probably their own affair.
But according to testimony last week before the Senate
Subcommittee on Investigations, gambling is also expensive
to the nongambling citizen who has never filled an inside straight or
placed a bet with a bookie. Appearing as a subcommittee witness, U.S. Internal Revenue Commissioner
Mortimer Caplin estimated that $25 billion in income goes unreported
every yearand a healthy slice of the money is earned from gambling.
Subcommittee Chairman John McClellan concluded ...
June
30
This is the typical day of a relatively typical soul in today's diversified world. I wake up to the sound of my Japanese clock radio, put on a T shirt sent me by an uncle in Nigeria and walk out into the street, past German cars, to my office. Around me are English-language students from Korea, Switzerland and Argentina -- all on this Spanish-named road in this Mediterranean-style town. On TV, I find, the news is in Mandarin; today's baseball ...
June
20
Two thousand years ago, when Western
civilization was bounded by the laws and legions of the Roman Empire,
the proudest words a man could utter were: "I am a citizen of Rome." A
century ago, when the world was girdled by the British Empire, the
Englishman's voice sounded from the earth's far corners: "I am a
British subject." Now, in the middle of the 20th Century, the most
arresting tones of history said something else: "I am an American."What did the phrase mean? The U.S. ...
June
7
AS the law now stands, a U.S. citizen who has a substantial amount of
cash that he wants to hide from the Internal Revenue Service has no
real problem. He can take it out of the country, entirely legally,
deposit it in a secret Swiss bank account, then arrange to have the
bank return it as a foreign "loan"and defy the IRS to say it is not.
That is only one of the milder variants of a sophisticated array of ...
May
9
Chicago native Ben loves his country and is proud to be an American. Yet the longtime resident of Melbourne has just relinquished his U.S. citizenship. "This is not something I did lightly or happily, but I saw no other choice," says Ben, a businessman who became an Australian citizen two years ago.
His words resonate with another American expatriate, John, a business owner based near Lausanne, Switzerland, who like Ben asked that his last name be withheld ...
May
5
Charles Rangel --Democratic Congressman from New York and Korean War vet Staying the course in Iraq means increasing our troop strength, and, not surprisingly, recruitment and re-enlistment levels are down. But proposed enlistment bonuses and other economic incentives will not make the military any more attractive to upper-middle-class young people. Increasingly we will be a nation in which the poor fight our wars while the affluent stay home. To correct the disparity among those who serve, South Carolina Senator Fritz ...
May
4
In December of 2001, U.S. agents arranged to have a German citizen flown to a Syrian jail called the Palestine Branch, renowned for its use of torture, and later offered to pass written questions to Syrian interrogators to pose to the prisoner, according to a secret German intelligence report shown to TIME on Wednesday. The report is described in the new book Ghost Plane: The True Story of the CIA Torture Program by British ...
April
4
"The revolution is a complex whole, like life itself, with the inspiring and the unacceptable, with hope and fear, violence and fraternity." -- Francois Mitterrand A big azure-and-gilt hot-air balloon, a reproduction of an 18th century model, wafted skyward in a "salute to liberty" as thousands of spectators gathered in the Tuileries Gardens last January for the official launch of the bicentennial of the French Revolution. The Republican Guard played a fanfare. An actor solemnly read the 1789 Declaration of ...
March
29
Sometime in the next few weeks, Facebook will officially log its 500 millionth active citizen. If the website were granted terra firma, it would be the world's third largest country by population, two-thirds bigger than the U.S. More than 1 in 4 people who browse the Internet not only have a Facebook account but have returned to the site within the past 30 days.
Just six years after Harvard undergraduate Mark Zuckerberg helped found Facebook in his ...
October
20
The White House refused to indicate Monday whether President Obama will issue a posthumous pardon for Jack Johnson, the African-American boxing champion convicted in 1913 for dating a white woman. The House of Representatives on July 29 unanimously passed a resolution urging Obama to grant a pardon; the Senate passed a similar measure by a voice vote on June 24. The push for a rare posthumous pardon has been spearheaded for years by Sen. John McCain, R-Arizona, and Rep. Peter ...
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