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Treasury already has a list of troubled banks, and as the regulator, it knows the banks' financial positions on a daily basis. No doubt these will be among the first volunteers. There is also no doubt that some banks are going to die anyway...

Author: /time Magazine | Title: Will Paulson's Bank Plan Finally Unfreeze Credit? | 10/9/2008 | See Source »

...Obama defeat would be greeted with a loud sucking of the teeth and a deepening of self-doubt. A loss would be hugely disappointing, and to put it crudely, it would also be more of the same. But it is also true that the biggest change has already taken place. The Obama campaign has been the anti--O.J. trial, a 24-hour ongoing drama about a black man cast not as a problem but, potentially, as the solution...

Author: /time Magazine | Title: For Blacks, a Quiet Question: What if Obama Loses? | 10/9/2008 | See Source »

...giant space penis.” This idea stems from a small rural community in England where the citizens diligently maintain a shrubbery-outlined figure of a man with an epic erection on a grassy hillside overlooking the town. Created hundreds of years ago, no doubt by some horny botanist, the presence of this figure remains unquestioned. In “Religulous,” Maher draws an analogy between the mindless devotion of these villagers and the inherently blind nature of religious faith...

Author: By Mia P. Walker, CONTRIBUTING WRITER | Title: 'Religulous' | 10/9/2008 | See Source »

...That was, no doubt, the politic answer. But not the correct one. Obama was underestimating the public's capacity to hear the truth - which is odd, since the national desire for substance, the unwillingness to be diverted by "lipstick on a pig" trivialities, has been so striking in this campaign. Everyone knows this recession is going to hurt, that there will be a price for our profligacy and that some hard shoveling will be necessary to get out of this hole. Indeed, that knowledge is what has made Obama's success possible. But if he wants to do more than...

Author: /time Magazine | Title: The Obama Surge: Will It Last? | 10/9/2008 | See Source »

...from Yushchenko's erstwhile key coalition partner, the ambitious populist politician Yulia Tymoshenko. She had joined with him in the "Orange Revolution" that eclipsed Moscow's preferred candidate at the end of 2004, but she has since been engaged in a power struggle with him and has left no doubt as to her intention of ultimately seeking the presidency for herself...

Author: /time Magazine | Title: The Trouble (for McCain) with Ukrainian Democracy | 10/9/2008 | See Source »

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