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...Palin, Gov. Sarah • continuing complaints about ethics of lead to incurring of more than $500,000 in legal bills by • inability of to find someone on the McCain campaign worthy of sharing a prayer with...

Author: /time Magazine | Title: Paul Slansky's Weekly Index of the News | 3/27/2009 | See Source »

...once we get to the actual buying of what Treasury is gingerly calling "legacy assets" (I'm hoping for a public-service ad campaign with the slogan "It's not toxic, it's a legacy"), things may shake out much differently from what Wall Street hopes and Krugman & Co. fear. Both sides in the debate seem to expect that the asset purchases will provide nothing but benefits to the banks that sell. That's not a safe assumption. We don't yet know what private investors will be willing to pay for those once-thought-to-be-valuable legacies. With...

Author: /time Magazine | Title: Separating Toxic Assets from Legacy Assets | 3/26/2009 | See Source »

That, of course, remains to be seen. Baucus' importance in reforming the health-care system, however, has grown. Unlike the Clinton health-care campaign that ran aground in 1994, the Obama White House's plan is to give Congress the lead in fashioning health-care-reform legislation. And the two Democrats who had been expected to spearhead that task have been sidelined. Former Senate majority leader Tom Daschle withdrew his nomination to be Obama's Secretary of Health and Human Services in early February amid revelations of tax problems, and Edward Kennedy, chairman of the Senate Health Committee...

Author: /time Magazine | Title: Max Baucus Is Mr. Health Care | 3/26/2009 | See Source »

...Obama doing too much TV? To people who follow politics constantly, sure. ("The first President whose campaign was his qualification for office continues to campaign," sniffed George Will.) But those are not the people you go on the Tonight Show to get. The broader electorate doesn't seem so burned out yet, judging by Obama's approval ratings and the TV ratings. But that didn't stop the fainting spells over whether Obama was somehow abandoning his duty by talking to the public on TV. (This is a bad thing, by the way? I mean, we gave how much airtime...

Author: /time Magazine | Title: Obamathon: Is the President Overexposed? | 3/26/2009 | See Source »

...that could result in a life sentence. Chen is accused of taking $9 million dollars in personal kickbacks on a state-sanctioned land deal, embezzling over $3 million from a state fund and laundering millions to overseas accounts. Chen has already admitted his wife wired $20 million in leftover campaign funds overseas, but he insists his case is one of political persecution by the new Kuomintang (KMT) administration, which has been forging closer ties with China since coming into power last...

Author: /time Magazine | Title: Taiwan: Ex-President's Corruption Trial Begins | 3/26/2009 | See Source »

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