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...When asked today if he would consider returning to Washington if a Democrat were elected in 2008, Rubin, who has publicly supported Hillary Clinton in her bid for the White House, initially was adamant in saying no—but later revisited the question and retracted his prior statement...

Author: By Jamison A. Hill, CRIMSON STAFF WRITER | Title: Corp. Member Appears at HBS | 11/20/2007 | See Source »

Somewhere on Wall Street there is a hedge-fund manager ruing the day he gave money to a Democrat in 2006. On Nov. 9, the House passed a plan that would raise taxes on the lofty fees and bonuses that hedge-fund and private-equity managers receive. This has placed Senate Democrats, who will next take up the measure, in a quandary. They are compelled to fix the alternative minimum tax (AMT), which hurts big swaths of the middle class even though it was created to ensure that the very rich could not entirely escape paying income...

Author: /time Magazine | Title: Proposing a Hedge-Fund Tax Hike | 11/19/2007 | See Source »

...double-digit unemployment. Some on the political right--including current Prime Minister Anders Fogh Rasmussen, who wrote a book in 1993 called From Social State to Minimal State--were convinced that taxes and spending had to be cut dramatically. But that was never in the cards politically, and Social Democrat Poul Nyrup Rasmussen (there are a lot of Rasmussens in Denmark), who became Prime Minister that year, crafted a compromise that kept the high taxes and most of the social protections but cut unemployment benefits (which replace about 90% of earnings) from nine years to four and beefed...

Author: /time Magazine | Title: Why Denmark Loves Globalization | 11/15/2007 | See Source »

What on earth did she see in him? For the duration of her short-lived marriage of convenience to President Pervez Musharraf, Benazir Bhutto's friends and political rivals wondered how she, a populist democrat, could live with him, a military dictator. The mystery deepened when Musharraf declared a state of emergency and began a massive crackdown on democratic institutions--and Bhutto responded with only mild criticism, refusing to rule out a power-sharing arrangement with him. Some said her motivation was pure self-interest: she was that desperate to return to power. Others bought Bhutto's explanation that...

Author: /time Magazine | Title: Analyzing the Bhutto vs. Musharraf Showdown | 11/15/2007 | See Source »

Given an opportunity to try to consolidate evangelical support, SaysGrady, "I wouldn't be surprised if [Huckabee] showed up inpictures with a lot of other people in our magazine." But the possible cost is summed up nicely by Frank Lockwood, religion editor for the Arkansas Democrat-Gazette, who recently observed Huckabee visit two churches in Irving, Texas: one a non-Prosperity Baptist megachurch and the other a prosperity church. "I think he's been flying under the radar a little bit." he says." A CBS poll of white evangelicals in October showed that 57% said that they didn't know...

Author: /time Magazine | Title: Huckabee Stands By a Televangelist | 11/15/2007 | See Source »

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