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...inauguration of an American president bears all the signs of fine constitutional craftsmanship. As a people, we explicitly mandate that the president-elect assume his or her finely detailed duties at a precise time, on a specific day, and in a prescribed manner. The unambiguous character of our language has always rendered the recurrent execution of these commands—what Ronald Reagan characterized in his 1981 inaugural address as “nothing less than a miracle”—an awe-inspiring spectacle of constitutional clockwork...

Author: By Eric B. Lomazoff | Title: An Oath “Faithfully” Reenacted | 2/3/2009 | See Source »

Creditors may be willing to make the same bet about the government's future. Since they are likely to get only a small part of the value of their debt in negotiations with GM and Chrysler, they may elect to wait the process...

Author: /time Magazine | Title: 2009 Car Sales: Detroit Can't Cut Costs Enough | 2/2/2009 | See Source »

...vote marked Iraq's second provincial elections, which determine the makeup of provincial councils that in turn elect regional governors. The political stakes in the vote were low compared to politicking at the national level. But the election took on added importance in the eyes of American and Iraqi officials, because it offered a chance for Iraq's Sunni minority, who boycotted the 2005 provincial elections, to rejoin the political process in areas where they have strong numbers such as Anbar and Diyala province. Election day was also seen as a key test for the Iraqi security forces, which staged...

Author: /time Magazine | Title: Iraq Vote Goes Smoothly, but Results Are Another Story | 2/1/2009 | See Source »

...recent history. For example, only one major Republican candidate - Mike Huckabee - showed up at a candidates forum at historically black Morgan State University in Baltimore during the last campaign. There hasn't been a single black Republican in Congress in years, and the party has struggled to elect even local candidates who are black. Against that backdrop, and particularly given Obama's support among blacks and Latinos, "merely putting Steele in a high-profile position won't change things overnight," says Daryl Harris, a political-science professor at Howard University...

Author: /time Magazine | Title: Steele Makes History, but Can the New Party Chief Remake the GOP? | 1/31/2009 | See Source »

...Somalia Power Struggle After a failed two-year attempt to help stabilize its neighbor, Ethiopia pulled its troops out of Mogadishu on Jan. 26. Within hours, Islamic militants occupied the capital. The Somali government agreed to give moderate Islamists increased parliamentary representation and is working to elect a new President. But hard-line insurgents declared the changes invalid, took control of the city and have begun pushing into outlying areas...

Author: /time Magazine | Title: The World | 1/29/2009 | See Source »

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