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...Israel believes it has not seriously impaired Hamas' ability to fire rockets at Israel. But by targeting the basic infrastructure of Hamas governance in Gaza - everything from police posts, a government building and a university to the private homes of Hamas leaders - Israel is trying to set a crippling price for continued rocket attacks...

Author: /time Magazine | Title: Israel Versus Hamas: How to Shape a Cease-Fire | 12/31/2008 | See Source »

...they failed to dislodge Fidel Castro and his government and instead succeeded in alienating the rest of the hemisphere. Congratulations! The Castro regime can say it stood up to a half-century of yanqui aggression while proving that quality universal education and health care are doable. But the price - a basket-case economy and a bleak human-rights record - overshadowed those achievements. ?Felicidades...

Author: /time Magazine | Title: After 50 Years of Castro's Cuba, Will the Cold War End? | 12/30/2008 | See Source »

...which Palestinians claim at least 280 people have been killed, marked a dramatic escalation of the high-stakes poker game between Israel and Hamas. Over the past seven weeks, each side has calculated the odds of outbidding the other. Hamas - and the civilian population it represents - paid a heavy price in human casualties over the weekend, but it may nonetheless retain a strategic advantage. The radical Palestinian movement that governs Gaza appears to have underestimated Israel's readiness to launch a military campaign in response to an escalation of Palestinian rocket fire onto Israel's southern towns and cities. This...

Author: /time Magazine | Title: The Strategic Price of Israel's Gaza Assault | 12/29/2008 | See Source »

...about his safety during an emergency radio show on the one station that was able to broadcast on AM frequencies, and local radio personalities watched his compound from afar, searching for signs of light. "Right now, he's safer than he was before the lights went out," said Larry Price, a KSSK radio host, speaking to a caller asking about the President-elect. Some residents even worried that the blackout was part of a conspiracy to attack the President-elect while he vacationed on this island in the middle of the Pacific Ocean...

Author: /time Magazine | Title: Protecting Obama When the Lights Go Out | 12/28/2008 | See Source »

...appropriations for far longer than in the case of past conflicts," says Steven Kosiak of the CSBA, one of Washington's top defense-budget analysts. "Likewise, we have relied on borrowing to cover more of these costs than we have in earlier wars - which will likely increase the ultimate price we have to pay." That refusal to spell out the full cost can lead to unwise spending increases elsewhere in the federal budget or unwarranted tax cuts. "A sound budgeting process forces policymakers to recognize the true costs of their policy choices," Kosiak adds. "Not only did we not raise...

Author: /time Magazine | Title: The $1 Trillion Bill for Bush's War on Terror | 12/26/2008 | See Source »

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