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...fans admit he is usually the quickest thinker in even the most rarefied rooms, with a family pedigree that includes two uncles who separately won Nobels for economic science. "All of us are deeply resentful," Douglas Holtz-Eakin, the chief economic adviser to John McCain's presidential campaign, says with a laugh. "In terms of just genetic ability to do this - not fair...

Author: /time Magazine | Title: Can Larry Summers Save the Economy? | 1/29/2009 | See Source »

...Clinton's last Treasury Secretary, Summers championed regulatory reforms that relaxed New Deal-era restrictions on banks - a shift that some economists have blamed for the current financial crisis and that Obama criticized during the campaign. None of these controversies gave the candidate pause last summer when he invited Summers into his inner circle for briefings on the deteriorating economy. As both a campaign and a White House adviser, Summers helped guide Obama's conviction that the economic crisis was an opportunity as well as a curse, a chance to accelerate many of his campaign pledges. In a column about...

Author: /time Magazine | Title: Can Larry Summers Save the Economy? | 1/29/2009 | See Source »

With a huge security operation in place, Iraqi officials have increasingly focused on more mundane election problems such as fraud and alleged violations of campaign rules ahead of balloting. Judge Kassem al-Boudi, spokesman for the Iraqi Independent High Electoral Commission, said 180 complaints were already registered. "You can imagine with any elections happening in the world, you should expect a number of violations," said al-Boudi, who spoke to reporters in Baghdad along with Qadir. "And we are sure that we are going to have more...

Author: /time Magazine | Title: Iraq Gearing Up for Lockdown on Election Day | 1/28/2009 | See Source »

...Indians were alarmed when, during the Presidential campaign, Obama repeatedly said that ending Indo-Pakistani differences over Kashmir was one of the keys to calming tensions in South Asia and winning the war on terror. New Delhi views Kashmir as a bilateral issue, and has long resisted what it regards as third-party interference. In recent years, India has sought to isolate the Kashmir issue even further, by seeking to keep it out of other negotiations (over trade and travel, for instance) with Pakistan. "The Indians are allergic to any indication of outside mediation," says Bruce Riedel, a South Asia...

Author: /time Magazine | Title: Will Kashmir Be an Obama Foreign Policy Focus? | 1/28/2009 | See Source »

...official, who asked not to be named because of the sensitivity of the subject, said the campaign to keep Holbrooke out was "not personal...we just objected to being lumped into a category with two of the world's most dangerous countries." Besides, he added, "there was no way we were going to allow Holbrooke, or anybody else, become a broker on Kashmir...

Author: /time Magazine | Title: Will Kashmir Be an Obama Foreign Policy Focus? | 1/28/2009 | See Source »

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