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...that the G.O.P. may still be so hooked on appealing to white resentment that it won't change course, because a lot of blacks are fed up with the Democrats. Black turnout was low in some states during the midterm elections because few Democrats offered bold alternatives to Bush's economic and international policies. We noticed that it was Republican conservatives like Charles Krauthammer--not leading Democrats like Senate leader Tom Daschle--who offered unprompted condemnation of Lott's praise for Thurmond's Dixiecrat presidential campaign. Daschle initially accepted Lott's half-hearted apology, adopting a tougher stance only after...

Author: /time Magazine | Title: Erasing Trent Lott's Legacy | 1/13/2003 | See Source »

...book's themes in himself when he was doing the street research about cops and crack dealers for Clockers. In preparation for that book, he dropped into the lives of people--narcs, druglords, ghetto mothers--who opened up to him. He charmed them. He wowed their kids. He fed their news into his notebooks, then moved on. "I always felt like I was leaving people seduced and abandoned," he says...

Author: /time Magazine | Title: The Bad in Goodness | 1/13/2003 | See Source »

...show Green Leaf, whose platform calls for the legalization of marijuana and which got only 34,000 votes in the last election, netting at least two seats. "Likud is corrupt and so is Labor," says Dan Goldenblatt, Green Leaf's deputy leader. "People are supporting us because they're fed up." An even bigger winner is the centrist Shinui Party. Ardently anti-religious and financially clean, Shinui is set to become the third-biggest party in the Knesset, which might force Sharon to become the first Likud leader to form a coalition without the religious parties...

Author: /time Magazine | Title: Back To Zionism | 1/12/2003 | See Source »

...tale he tells is astonishing - but what really astounds is Ferguson's glowing praise. Contemporary historians routinely decry the Empire's sins; Ferguson celebrates it for dragging the world into the modern age. As an economist, Ferguson is particularly good at explaining how the assets seized by Elizabethan buccaneers fed, in the 18th century, the habits of an emergent consumer society hooked then as now on sugar, coffee and tobacco; how Britain evolved a system of national debt to build a vast navy; how the East India Company's ports and forts seeded a global system of trade - which...

Author: /time Magazine | Title: A Sweet Taste of Empire | 1/12/2003 | See Source »

...Wall Street savant, similar to Clinton Treasury Secretary Robert Rubin, on his economic team. Instead he made Alcoa CEO Paul O'Neill, who shared Bush's negative views of Wall Street, his secretary of the Treasury. As his national economic adviser Bush chose Larry Lindsey, an economist and former Fed governor who was so suspicious of the markets that he refused to invest his own money in them. O'Neill and Lindsey are now gone, and in Lindsey's place is former Goldman Sachs co-chairman Steve Friedman, the kind of Wall Street sharpie Bush once loathed...

Author: /time Magazine | Title: Commentary: In Stocks He Trusts | 1/11/2003 | See Source »

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