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Then came the midterm elections of 1910. The G.O.P. lost control of the House, and Roosevelt began criticizing Taft's policies in print. The final rupture occurred a year later when Taft's Attorney General filed an antitrust suit against the U.S. Steel Corp. because of a 1907 acquisition that Roosevelt had personally approved. T.R. was outraged. The decision to challenge Taft soon followed. T.R.'s campaign would not succeed, but the ideals that he and his Bull Moose Party enunciated in 1912 would resonate in American political life for decades. They still do. They shaped much of Franklin Roosevelt...

Author: /time Magazine | Title: The War of 1912 | 6/25/2006 | See Source »

...regulate corporations. Its members--accomplished, public-spirited business leaders--would study a company's affairs, require change when there were signs of monopoly and stamp a company "approved" when all was in order. Once approved, the company could operate without fear of prosecution under the country's confusing antitrust law. To Wilson, the corporations commission was a dangerous merger of business and government, sure to enable Big Business to regulate the regulators. Even Taft roused himself to condemn it as "the most monstrous monopoly of power in the history of the world...

Author: /time Magazine | Title: The War of 1912 | 6/25/2006 | See Source »

...pass measures to address Berlusconi's conflict of interest as owner of Italy's three main private television channels. Will you force him to choose between politics and media ownership? I don't want to pass a punitive law or use politics as a vendetta. But a simple antitrust law is where we must start. Democracies must have equilibrium ... and the entanglement of politics and information must be minimized...

Author: /time Magazine | Title: 10 Questions For Romano Prodi | 4/24/2006 | See Source »

...pass measures to address Berlusconi's conflict of interest as owner of Italy's three main private television channels. Will you force him to choose between politics and owning TV? I don't want to pass a punitive law, or use politics as a vendetta. But a simple antitrust law is where we must start. Democracies must have equilibrium ... and the entanglement of politics and information must be minimized. What will be your first priority as Prime Minister? The absolute priority is the relaunching of the economy. We will start by reducing labor costs in a very targeted...

Author: /time Magazine | Title: 10 Questions for Romano Prodi | 4/23/2006 | See Source »

...Appearing in close to 1,000 U.S. newspapers a generation ago, Anderson drew readers with his decades of scoops: he reported Washington's tilt away from India and toward Pakistan (it earned him a 1972 Pulitzer). He established a link between the Nixon Justice Department's settling of an antitrust case against ITT and the conglomerate's $400,000 pledge to the 1972 Republican Convention. He revealed key elements of the Reagan Administration's effort to sell arms illegally to Iran and turn over the profits to anticommunist forces in Central America...

Author: /time Magazine | Title: A Reporter's Last Battle | 4/23/2006 | See Source »

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