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Wednesday, January 5, 2005

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Imperial Powers

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A profound shift in the culture of giving. That headline from today's Christian Science Monitor. As of yesterday, private donors have given more than $200 million for relief. One charity says online pledges were coming in at the rate of a hundred thousand dollars an hour. It won't be long before private donations top the $350 million pledged so far by the U-S government. But given the generosity of private donors, does it make sense for Washington to give more? Commentator and economist Stephen King.

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