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With his left arm, Ted Kennedy leaned on a metal cane; with his right, he was braced by his old pal Orrin Hatch. The two Senators, the President and First Lady, and former President Bill Clinton had come to the SEED School in Southeast Washington, a working-class neighborhood that rarely gets a glimpse of a President, let alone two. The occasion: the signing of landmark national-service legislation that had been sponsored by the Republican Hatch, from Utah, and the ailing Democratic lion from Massachusetts...

Author: /time Magazine | Title: The Moment | 4/23/2009 | See Source »

...call off the hunt for Aidid, which was widely blamed for converting what started out as a humanitarian mission into a mini war, in order to concentrate on a political - settlement that would prevent the country from falling apart after U.S. troops leave. To that end, Robert Oakley, Clinton's special envoy, met with five of Aidid's aides, though not the warlord himself. Afterward Oakley told reporters that Aidid wanted to be President of Somalia someday and . . . well . . . who knows? The buttering-up had one quick result: Aidid's fighters released helicopter pilot Michael Durant, whose terrified face...

Author: /time Magazine | Title: In and Out with the Tide | 4/21/2009 | See Source »

...There is no denying that previous administrations helped to create the conditions from which our current crisis stems, but a closer inspection suggests that Democrats deserve the most blame. Both the Bush and Clinton administrations (but especially Clinton’s) recklessly pushed to expand home ownership, fuelling the bubble in housing prices and its collapse. Former President Bush’s failure to regulate Fannie Mae and Freddie Mac permitted the crisis in subprime mortgages to build, though congressional Democrats bear the lion’s share of blame for their obstructionism: They opposed a Bush administration proposal...

Author: By Colin J. Motley | Title: Deconstructing Deregulation | 4/21/2009 | See Source »

...Bush’s actions on taxation, trade, health care, education, and climate more likely cushioned the economic collapse than contributed to it. The Bush administration, the Clinton administration and both Republican and Democratic Congresses all deserve blame for their failures in financial market regulation and shortsighted home ownership initiatives. To blame Bush’s entire domestic policy agenda for the economic crisis, however, mistakes correlation for causation in the worst...

Author: By Colin J. Motley | Title: Deconstructing Deregulation | 4/21/2009 | See Source »

...would reveal classified information, a tactic of his predecessor's that Obama had no problem criticizing during the campaign. At the same time, Obama's advisers have declined to answer questions about whether or not they will support legislation, which was once supported by Secretary of State Hillary Clinton and Vice President Joe Biden, to give judges a greater ability to limit the use of the state-secrets privilege as a courtroom tactic. "It's disappointing that the Administration is throwing up the same legal argument," says Caroline Frederickson, the ACLU's top lobbyist...

Author: /time Magazine | Title: Civil-Liberties Advocates Dismayed By Obama's Moves | 4/21/2009 | See Source »

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