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...late 1990s and early part of this decade, a succession of Federal Deposit Insurance Corp. (FDIC) chairmen fought to raise the agency's insurance limits and its clout. Congresses repeatedly said no. Employment at the FDIC shrank to 4,500 staffers, from about 23,000 in the early 1990s. Some even argued that the agency's insurance fund should be abolished altogether...

Author: /time Magazine | Title: Can the FDIC Handle Its Growing Job? | 1/19/2009 | See Source »

...necessarily concluding a comprehensive cease-fire. It would simply maintain the halt to hostilities and even withdraw its forces on an open-ended basis. Israeli leaders saw Operation Cast Lead as an opportunity to restore Israel's "deterrent" power, which it believed had been damaged when it was fought to a draw by Hizballah in Lebanon in 2006. But the Gaza operation, with its almost 100-to-1 ratio of Palestinian to Israeli casualties, has issued a painful reminder of Israel's capacity and willingness to abandon restraints and rain devastation on the heads of all challengers...

Author: /time Magazine | Title: How the Gaza War Could End: Three Scenarios | 1/16/2009 | See Source »

...time I joined the American Civil Liberties Union board of directors in 1988, Charles Morgan Jr. had already departed, but his legacy there was larger than life. A native of Birmingham, Ala., the iconoclast, who died Jan. 8 at 78, fought the city's segregationist leaders in the early 1960s. His vigorous condemnation of the 1963 church bombing that killed four young black girls led to the loss of his law practice...

Author: /time Magazine | Title: Charles Morgan Jr. | 1/15/2009 | See Source »

...hasn’t always been this way. Throughout American history, evangelical Christianity and more progressive political movements have often found themselves intertwined. During the nineteenth century, many who believed in a literal and inerrant interpretation of Scripture fought for an agenda of social progress, including the abolition of slavery and women’s equality. But ever since the late 1970s—when the IRS declined to grant tax-free status to fundamentalist Bob Jones University—many evangelical leaders have become increasingly conservative in their political demands. As a result, in recent years...

Author: By Rachel A. Stark | Title: A Post-Partisan Christianity | 1/15/2009 | See Source »

...closed to private cars on Inauguration Day. They say it's necessary to minimize congestion in the capital, but not everyone agrees. "The Secret Service, they're insane," James Moran, a Virginian Democratic Congressman, told the Washington Post about the agency's decision. "This is security on steroids." He fought - and succeeded in reversing - a Secret Service decision to bar pedestrians from the 14th Street bridge, which would give walkers the closest access to the Inauguration. However, major Virginia roads inside the Beltway encircling the capital will be reserved for official vehicles only...

Author: /time Magazine | Title: Inauguration Day Security: Is a Police State Necessary? | 1/15/2009 | See Source »

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