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...speech titled "The Moral Test of Our Generation," John Edwards cast his race against front runner Hillary Clinton as a moral crusade. By accepting corporate campaign cash, he argued, she perpetuates a culture of corruption. Edwards made no explicit references to God or faith but decried "winning elections at the cost of selling your soul" and cited "the one moral commandment that makes us Americans: to give our children a better future than we received." While his opponents have more robust religious-outreach efforts, the Methodist Southerner may have hit just the right notes for cultural conservatives. [SECULARIST=1] [THEOCRAT...

Author: /time Magazine | Title: Politics | 11/2/2007 | See Source »

...arrive when times are tough--or not tough. "What a joke," grumbles Congressman Ron Kind, a Wisconsin Democrat who led a failed bipartisan reform effort in the House. "You're eligible as long as you're breathing." Actually, that's not quite true. Since the vast majority of the cash goes to five row crops--corn, soybeans, wheat, cotton and rice--more than 60% of our farmers receive no subsidies. And a recent Government Accountability Office report identified $1.1 billion of subsidies whose recipients were no longer breathing...

Author: /time Magazine | Title: Why Our Farm Policy Is Failing | 11/2/2007 | See Source »

...situation is complicated by the nature of Chinatown economies, which are built almost entirely on cash transactions, tremendously high savings rates and a tradition of financial secretiveness. Few Chinese-American workers in New York City's several Chinatowns will reveal how much they really make. At the same time, it is not uncommon to see waiters and dishwashers among other so called menial workers who are capable of paying for cars, plunking down large initial premiums for insurance policies or making sizable down payments on homes or apartments - in cash. The banks of Chinatown centered in Canal Street in Manhattan...

Author: /time Magazine | Title: Hillary Clinton's Chinatown Tangle | 11/2/2007 | See Source »

...decided on a 2-year-old gelding from New Zealand that cost $65,000 - a bargain in Hong Kong, where horses often go for four times as much. The punters named him Garden Party, but he was no party animal. For a year, Lo and his partners fronted the cash, close to $30,000, to stable Garden Party and pay his livery and training fees. But on the eve of the horse's first race, medical scans revealed he had a nonlethal cancer. He couldn't race in Hong Kong. Dismayed, Lo and his partners shipped Garden Party home...

Author: /time Magazine | Title: Hobby Horses | 11/1/2007 | See Source »

...policy. Paul, a 72-year-old hard-core libertarian Republican Congressman who is against foreign intervention, subsidies and the federal income tax, is not only drawing impressive crowds (more than 2,000 at a post-debate rally at the University of Michigan last month) but also raising tons of cash. In the third quarter of 2007, Paul took in $5.3 million (just slightly less than G.O.P. rival John McCain), mostly in small, individual donations. On Oct. 22, he aired his first TV ads, $1.1 million worth in New Hampshire...

Author: /time Magazine | Title: The Ron Paul Revolution | 11/1/2007 | See Source »

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