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While many conservatives see anti-Iraq Democrats as McGovern's spawn, they're a very different breed. Pelosi and Reid aren't against the war on terrorism; their Iraq-withdrawal bill actually increases funding for Afghanistan. Today's antiwar movement doesn't raise a middle finger at the Pentagon. In fact, Democratic leaders say they're defending an American military ravaged by too many deployments and too little funding. And if today's Democrats aren't McGovern, today's Republicans aren't Nixon. George W. Bush isn't winding the Iraq war down; he's ratcheting...

Author: /time Magazine | Title: Why the Dems Should Go for It | 3/22/2007 | See Source »

...three panels right next to each other," says Mike Krahulik, half of the team that produces the webcomic Penny Arcade. "It often is. But there's nothing keeping us from making full-page comic-book-style layouts. There's nothing stopping us from doing whatever we want." Webcomics aren't shackled to the grinding schedule of the daily paper either; Penny Arcade publishes three times a week. And Penny Arcade is always in color. On the Web, every day can be Sunday...

Author: /time Magazine | Title: New Zip for the Old Strip | 3/22/2007 | See Source »

...certain point newspapers just aren't worth the hassle. When Scott Kurtz wanted to be a cartoonist, he figured he would sell his work to a syndicate like everybody else. When he got started in the mid-1990s there was no such thing as a webcomic. But Kurtz, 36, put his work up online anyway, just to get it in front of people's eyes. "There was no plan, there was no goal, and there was no belief that it was real," Kurtz says. "I stumbled onto it." His strip was about office life at a magazine, and he called...

Author: /time Magazine | Title: New Zip for the Old Strip | 3/22/2007 | See Source »

...take Schwarzman and crew to squeeze it out (for themselves)? Some say it's the short-term perspective of the investing public. Some say it's excessive regulation, most of which doesn't apply to private-equity investments. Whatever the explanation, the billions earned by private-equity operations aren't "created," as the whimsical conceit of Wall Street troubadours would have it. These billions are a toll charge collected from ordinary investors...

Author: /time Magazine | Title: Abracadabra for Sale | 3/22/2007 | See Source »

Federal regulators stood by while this went on, but don't blame Munnell's study or the desire to encourage lending to minorities. "The point of that study was never to say, 'Let's go out and lend to people who aren't going to be able to carry the debt,'" Munnell argues. Sure enough, federally supervised banks and S&Ls and mortgage buyers Fannie Mae and Freddie Mac seem to have avoided big hits...

Author: /time Magazine | Title: Subprime's Silver Lining | 3/22/2007 | See Source »

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