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Perhaps the most apt comparison for Obama's circumstances would be Franklin Delano Roosevelt's ascent to power, as he faced similarly daunting financial challenges at the dawn of the Great Depression. Roosevelt, however, did not benefit from a protracted campaign in which to prepare himself. Instead, FDR found himself forced to pick staffers and cabinet members largely from his extensive network of former colleagues and associates, and did so somewhat haphazardly, under pressure from demanding tasks - such as rescuing the country from utter economic failure. Roosevelt's planning-on-the fly led to the creation of ad hoc "agencies...

Author: /time Magazine | Title: Presidential Transitions | 11/6/2008 | See Source »

...feet and places a marker. When the polls open in less than an hour, the only people allowed within that radius will be those ready to cast a ballot. He points to a hedge on the other side of the church parking lot, just visible in the pre-dawn light. He measured that distance last year so he knows. "Just checking," said Hall, donning the yellow mesh vest that will mark him for the next 13 hours...

Author: /time Magazine | Title: Election Day Dispatches: It's Morning for the Kenyan Obamas | 11/4/2008 | See Source »

...time voter and Obama supporter Nate Gay woke up at 5 a.m. so he could be among the first to vote at his local polling station in Warrenton, Va. In a 10-minute video that the college student had posted to his profile by noon, he documents his pre-dawn drive to a nearby elementary school and explains why he chose a paper ballot over the computerized touchscreen (he didn't trust the high-tech option). By the time he drove away, a few minutes after 6 a.m. - the polling site's opening time - a line of voters had formed...

Author: /time Magazine | Title: Election Day Dispatches: It's Morning for the Kenyan Obamas | 11/4/2008 | See Source »

Tangled in Red-Tape in Indiana, 12:00 p.m. E.T. For days, the 20-something black man heard friends complain about long lines at so-called satellite early voting stations here in crumbling Gary, Indiana. So he rose before dawn today, put on his baggy jeans and white leather jacket, and showed up at the Gary Christian Center for Youth, on Broadway Street, one of this city's main boulevards. "I was thinking I'd be able to get in and out of here at a decent hour," said the man, who declined to give his name...

Author: /time Magazine | Title: Election Day Dispatches: It's Morning for the Kenyan Obamas | 11/4/2008 | See Source »

...Americans, that means many foreign destinations have effectively become 25%, 30% even 50% cheaper than they were just a few months ago. You may feel a bit like a financial vulture visiting these countries but, hey, this may be the dawn of Depression 2.0. No one's turning down cash these days - not even from ugly Americans...

Author: /time Magazine | Title: 5 Best Places to Travel in a Recession | 11/4/2008 | See Source »

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