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...initially a massive success and Hasbro expanded the line throughout the '60s, reimagining Joe as an astronaut, a deep-sea diver and a Green Beret. But outcry over American involvement in Vietnam dampened enthusiasm for a camo-clad action figure, so Hasbro gave Joe an honorable discharge. It redesigned the toys and relaunched them in 1970 as Adventures of G.I. Joe: the figure received lifelike hair, moveable eyes and a "kung-fu" grip, enabling him to hold onto objects for the first time. But the changes proved to be a gimmick, taken even further by Hasbro with the development...

Author: /time Magazine | Title: G.I. Joe | 8/7/2009 | See Source »

...popularity peaked in the late 1980s, Joe has been around in some form ever since. In the early 1990s, Hasbro reintroduced a line of larger, 12-in. G.I. Joes, and in 2004, the classic 1964 figures were rereleased to capitalize on Baby Boomer nostalgia. Some of the original, '60s-vintage G.I. Joes have fetched sizable prices. A rare and ill-fated G.I. Nurse from 1967 - the earliest and least successful female G.I. Joe produced - went for more than $6,000 at auction. Some of the earliest, rarest figures attract a similar price...

Author: /time Magazine | Title: G.I. Joe | 8/7/2009 | See Source »

...statement, given that all consumer financial regulation is based on the premise that individuals need help from government in dealing with banks and other lenders. From the 1930s through the '60s, banks were straitjacketed by D.C.-dictated interest-rate and lending rules meant to keep them and their customers out of trouble. Decades of haphazard and at times heedless deregulation followed, with eventually disastrous results. The CFPA legislation envisions a partial return of the straitjacket. Among its other tasks, the new agency would devise plain-vanilla products that lenders must offer customers - but those customers could still opt for complexity...

Author: /time Magazine | Title: Financial Aid | 7/27/2009 | See Source »

...looking increasingly unlikely to produce a bill by then. This slows the momentum behind the President's top priority, giving opponents extra time to sow doubts in both politicians and the public. But it also raises the question: Why can't a popular President with poll numbers in the 60s and supermajorities in both chambers of Congress get this done? Here are the five biggest hurdles to health-care reform. (Read "The State of Play for Health-Care Reform...

Author: /time Magazine | Title: The Five Biggest Hurdles to Health-Care Reform | 7/27/2009 | See Source »

...White House was prepared for the ruling, in part because after six years in Washington, Bush had finally found himself a White House counsel who was up to the job. Fred Fielding, a genial, white-haired, slightly stooped figure in his late 60s, had cut his teeth as an assistant to John Dean in Richard Nixon's counsel's office and served as Ronald Reagan's top lawyer as well. He had unrivaled experience managing allegations of White House misconduct. He also was one of the few people in Washington who had served in as many Republican Administrations as Cheney...

Author: /time Magazine | Title: Inside Bush and Cheney's Final Days | 7/24/2009 | See Source »

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