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...response to what I consider to be unacceptable delays and cost overruns over the past year, this department has taken a number of steps to fundamentally restructure this program," Gates told a House panel on Wednesday. "I have replaced the [F-35] program manager ... while withholding more than $600 million ... from the lead contractor" - that would be Lockheed Martin, the nation's biggest defense firm, the same company that built...

Author: /time Magazine | Title: The Costly F-35: The Saga of America's Next Fighter Jet | 3/25/2010 | See Source »

...University of Macau found that a deranged sense of compassion was common - parents killed their offspring to spare them from destitution and believed it their right to do so. "We take our children as our property," says Fernando Cheung, former head of the Hong Kong legislature's welfare panel. "Asian culture dictates that they're ours, that they are not independent beings, especially when they're small...

Author: /time Magazine | Title: Hong Kong: Parent-Child Suicides Are Rising | 3/19/2010 | See Source »

...able to afford coverage when they are between jobs. They want seniors to have more help with prescription-drug costs. Second, he says, the worst fears of Americans will never be realized. "Is somebody's elderly parent or relative going to be put to death by a death panel?" he asks. "No. It doesn't exist." Third, a sizable chunk of those who oppose the current bill - roughly 1 in 6 in a January CNN poll - want the bill to be even more liberal...

Author: /time Magazine | Title: Health Care Brawl: Why Obama's Team Thinks It Can Win | 3/18/2010 | See Source »

Guatemalan officials say Portillo's efforts paid off - at least in his case. Wednesday night, a panel of judges approved Portillo's extradition to the U.S. on charges that he laundered tens of millions of dollars that he had embezzled while he was President, including $2.5 million in donations from the Taiwanese government that was meant for children's schoolbooks. Portillo, who was captured by authorities in January near Guatemala's Caribbean coast days after a U.S. indictment was handed down, denies the accusations and calls them a political witch hunt by the U.S. and U.N. But to analysts like...

Author: /time Magazine | Title: Ex-Guatemala President to Be Tried in U.S. | 3/18/2010 | See Source »

...late March a star urban planner named Toni Griffin will begin a new assignment. She'll help lead what might be the most ambitious urban makeover in American history - the downsizing of Detroit, a city built to accommodate a population more than twice its current size. At a recent panel convened by TIME and the Brookings Institution, Mayor Dave Bing made clear what many had suspected - that he intends to shrink the city, which cannot afford to serve dying neighborhoods...

Author: /time Magazine | Title: Postcard: How Philanthropy is Remaking Detroit | 3/17/2010 | See Source »

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