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That includes protecting the company's turf. In 1987 Silvio Conte, a Congressman who represented the Massachusetts district where Crane is based, introduced the Conte Amendment, which was passed by Congress and bars foreign suppliers unless no domestic source exists. A Crane competitor, the British paper manufacturer De La Rue, has threatened to complain to the World Trade Organization about the unfair advantage the Conte Amendment gives Crane. Congress also threw up a hurdle for Crane's American competitors. By setting the contract's length at four years, the law makes it difficult for companies without extremely deep pockets...

Author: /time Magazine | Title: Manufacturing: Money's Paper Chase | 5/28/2006 | See Source »

...Louisiana Congressman William Jefferson was videotaped accepting a $100,000 bribe. FBI agents found $90,000 of it in his freezer. In Washington, that's known as a bribe-sicle." JAY LENO...

Author: /time Magazine | Title: Punchlines: Jun. 5, 2006 | 5/28/2006 | See Source »

Something strange is happening on Capitol Hill this week. Faced with a choice between attacking an allegedly corrupt Democratic Congressman or criticizing George W. Bush for expanding presidential power, Republican lawmakers chose the latter...

Author: /time Magazine | Title: How the FBI Brought the Two Parties Together | 5/24/2006 | See Source »

...work of members of Congress. "It's never been done before and its never been legally tested," says top Republican ethics lawyer Jan Baran of the raid. He predicts that if any useful evidence was gathered it will immediately be subject to attack by Jefferson's lawyers. "The Congressman can assert that the evidence was obtained unconstitutionally," Baran says...

Author: /time Magazine | Title: How the FBI Brought the Two Parties Together | 5/24/2006 | See Source »

...surprising move today, Hastert and Pelosi issued a joint statement demanding that the Justice Department return the documents it seized in the raid. "No person is above the law, neither the one being investigated nor those conducting the investigation. The Justice Department was wrong to seize records from congressman Jefferson's office in violation of the Constitutional principle of Separation of Powers, the Speech or Debate Clause of the Constitution, and the practice of the last 219 years. These constitutional principles were not designed by the Founding Fathers to place anyone above the law. Rather, they were designed to protect...

Author: /time Magazine | Title: How the FBI Brought the Two Parties Together | 5/24/2006 | See Source »

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