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CAMPAIGN SCORECARD [This article contains a table. Please see hardcopy of magazine.] ROUND 1 2 3 4 ISSUE Chances of Winning Psychological Warfare Image News Coverage ACTION Key state polls showing John McCain close or ahead--and one widely discussed national poll suggesting he leads among likely voters--busted up insiders' perception that Barack Obama is cruising toward an easy November victory. Now the Republicans hope the public adopts the same revised attitude. Underdogs still need to be seen as plausible winners to draw undecided voters their way. As the political strategist Bill Clinton has pointed...

Author: /time Magazine | Title: The Page | 7/31/2008 | See Source »

...designed for the popular Nintendo Wii platform, and its maker had planned to release it as the first game in its new Frat Party Games series. But concerned parents began sending angry letters to JV Games and Nintendo - Connecticut attorney general Richard Blumenthal even got in on the action, sending his own missives to the companies - until JV Games agreed to change the title of the game to Pong Toss and fill its pixelated cups with water...

Author: /time Magazine | Title: The War Against Beer Pong | 7/31/2008 | See Source »

...more mundane level, Paulson was aware that Congress had only a few weeks left in session. There was already a housing bill well along in the legislative process that provided for a new, tougher regulator for Fannie and Freddie (among many other things). So Paulson jumped into action. On Friday, July 11, he met twice with President Bush, bypassing White House economic advisers who opposed any kind of taxpayer bailout. Over the weekend, he talked to congressional leaders. And all along, he was consulting with Bernanke. On Sunday the 13th, Paulson made the dramatic announcement on the steps...

Author: /time Magazine | Title: Can Paulson Save the Economy? | 7/31/2008 | See Source »

...banks and thrifts, there are well-defined procedures for dealing with insolvencies through the Federal Deposit Insurance Corp. But much of the financial action in recent years has moved to companies for which there is no such shutdown plan. When Wall Street firm and major mortgage player Bear Stearns experienced something akin to a bank run in March, the solution that Paulson and Bernanke came up with was a hastily arranged sale to JPMorgan Chase & Co., backed by a $29 billion guarantee from the Fed. The Fed is responsible for keeping prices stable and credit flowing. Bailing out troubled lenders...

Author: /time Magazine | Title: Can Paulson Save the Economy? | 7/31/2008 | See Source »

...engaged in talks with Palestinian Authority President Mahmoud Abbas over the terms of a future peace agreement, as well as indirect negotiations with Abbas' rivals in the Hamas movement that controls Gaza and also with Syria. He has also been lobbying international support (particularly the U.S.) for tough action to deter Iran from pursuing nuclear weapons. So how will all these issues, which could have major regional and international consequences, play out without him at Israel's helm...

Author: /time Magazine | Title: Israel After Olmert | 7/31/2008 | See Source »

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