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...like asking John Gotti to do what he can to clean up organized crime." HARRY REID, U.S. Democrat and Senate Minority Leader, on the Republican proposal to rewrite House rules governing lobbying...

Author: /time Magazine | Title: Verbatim | 1/23/2006 | See Source »

When the Senate returns in earnest to Capitol Hill this week after a nearly month long break, Senate minority leader Harry Reid has high hopes to build on last year's Democratic successes-which included blocking President Bush's Social Security reform plan, his proposed extension of capital gains and dividend tax cuts and his long sought-after approval of drilling in the Arctic National Wildlife Refuge. And with the Abramoff scandal gaining steam, Reid had a seemingly perfect backdrop for last week's rollout of the Democrat's election year theme-the "Republican culture of corruption...

Author: /time Magazine | Title: The Dems' Unhappy Return | 1/23/2006 | See Source »

Leon Panetta, a Democrat who was Budget Director under Clinton and is a former chairman of the House Budget Committee, chuckled when he heard about Bush's plan to project an image of restraint. "What the hell's he using for numbers to map that out?" Panetta asked over the phone from Seaside, Calif., where he runs the Panetta Institute, a nonpartisan center for the study of public policy. "He has put us in a deep hole that's going to be very tough...

Author: /time Magazine | Title: Hey, Big Spender ... | 1/22/2006 | See Source »

...hearings on the Sago mine accident, which killed 12 coalworkers earlier this month, disaster struck another West Virginia mine. A fire at Alma No. 1 last week left two people dead--and put new pressure on the federal Mine Safety and Health Administration (MSHA), which regulates mining operations. House Democrats are asking whether MSHA oversight has been not only weaker but also more secretive under the Bush Administration. Sago was cited for 208 alleged safety violations in 2005, Alma No. 1 for 95. In the past, the MSHA made its inspectors' full notes public, but since 2004, it has released...

Author: /time Magazine | Title: Digging for Clues After Sago | 1/22/2006 | See Source »

...titles like ?Earning Money is Everything: From Zero to 10 Billion Yen My Way?. He appeared to be living proof of his boast. Over the past five fiscal years, Livedoor has acquired 27 companies, increasing revenue 22-fold to nearly $800 million. He has also been an aggressive financial democrat, constantly splitting his stock so that younger and less well-off Japanese can afford to become shareholders. If you had bought a single share of Livedoor in early 2003, it would have multipied into 10,000 shares today. The stock became hugely popular-even schoolchildren became stockholders. And since Horie...

Author: /time Magazine | Title: The Livedoor Scandal: Tribe Versus Tribe | 1/20/2006 | See Source »

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