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...financial crisis. One is whether the financial community will buy his "house built on rock" formulation. "I don't think the banking community understands the scale of the damage that they've done to this society," says a senior Obama financial adviser. And another says, "They're in denial. They don't understand how angry people are about a $1 million bonus...

Author: /time Magazine | Title: Joe Klein on the President's Impressive Performance Thus Far | 4/23/2009 | See Source »

...words of its own president caused Sarkozy's fellow conservatives to hit the roof. Dominique Paillé, a spokesman for Sarkozy's ruling Union for a Popular Majority (UMP) party, charged it was in fact "the behavior of Madame Royal that dishonors France." Citing the Elysée's denial that Sarkozy ever made the comments, Paillé argued that Royal's saying sorry for them "tarnishes our nation's image abroad for reasons that were false." On Saturday, another UMP spokesman, Frédéric Lefebvre, went even further, suggesting that Royal's making apologies usually reserved...

Author: /time Magazine | Title: Ségolène Royal: Sorry for Sarkozy Remarks | 4/20/2009 | See Source »

Palin, Gov. Sarah • Alaska Legislature soundly rejects choice of for state attorney general • denial by of calling for Sen. Mark Begich to resign so Ted Stevens could be re-elected after e-mailing "I absolutely agree" in response to Alaska Republican Party chairman's call for Begich to step down • description of by former supporter of as "a clownish, vindictive amateur...

Author: /time Magazine | Title: Paul Slansky's Weekly Index of the News | 4/17/2009 | See Source »

Social-psychology research shows that we all share a universal trait: after periods of self-denial and self-control, we want to give in to our base desires. That's true even when we merely witness others having to cut back and go without...

Author: /time Magazine | Title: Recession Psychology: We Will Spend Again | 4/15/2009 | See Source »

...evasion. Last month, Shaik secured an early release because of hypertension. On April 6, after three years of trying to bring Zuma to court, the National Prosecuting Authority dropped the case. State prosecutors denied yielding to pressure by the incoming Zuma government, while arguing - after years of denial - that their case had been irretrievably compromised by pressure from the old Mbeki administration...

Author: /time Magazine | Title: Why South Africa's Over the Rainbow | 4/9/2009 | See Source »

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