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...main fault line is a familiar one: illegal immigration. McCain and his allies in Arizona, including most of the state's congressional delegation (though it unanimously voted Monday against the Wall Street bailout plan pushed by McCain) and many of the state's leading business interests, favor a dual approach combining enforcement and a path to citizenship. The rambunctious populist wing of the state GOP, led in part by state representative Russell Pearce from Mesa, favors a much tougher stance of deportations first and foremost...

Author: /time Magazine | Title: McCain's Republican Enemies in His Home State | 10/1/2008 | See Source »

...fault here? I have increasingly seen fingers pointed at home buyers for buying 'too much' mortgage (i.e. big eyes for big houses), who 'lied' on their mortgage applications about their ability to keep up payments. Surely significant fault lies with the mortgage lenders for approving such loans without due diligence? And greater fault with the creators of the mortgage-based derivatives? Until 10 years ago, getting approved for a mortgage was a pretty good indication that you could afford to make the payments. So for the most part I really don't blame buyers--they were relying on a time...

Author: /time Magazine | Title: 18 Tough Questions (and Answers) About the Bailout | 9/30/2008 | See Source »

Speaking of fault, how logical (much less honorable, but we probably need not go there) was it for Wall Street to over-leverage itself? Or is it just a matter of 'because they could'? It was logical for individual Wall Streeters because they could reap big rewards from overleveraging and not necessarily suffer from the eventual fallout. It was not logical for Wall Street firms to do so (because it put their survival at stake) but those firms are after all just collections of individuals...

Author: /time Magazine | Title: 18 Tough Questions (and Answers) About the Bailout | 9/30/2008 | See Source »

...that's true, isn't there someone at fault besides voters and their elected Representatives? Say, for instance, the mainstream business press who might have made those consequences plain...

Author: /time Magazine | Title: Is the Media to Blame for the Bailout Bust? | 9/30/2008 | See Source »

...mike incident on MSNBC saying, after the Sarah Palin pick, "It's over." Someone posted the audio on YouTube. Did that experience make you nervous about what you say? Did you pull back at all? Anyone who speaks intemperately into a live mike - bottom line, it's their fault. You gotta do your best every day and share your point of view, so you can't let it bother you too much. You just gotta push forward...

Author: /time Magazine | Title: Peggy Noonan | 9/30/2008 | See Source »

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