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Most informed people acknowledge that the financial mess began not with Republican deregulation but with liberal social engineering--exploited by Wall Street, to be sure, and unchecked by either party. A Republican House helped pass the Sarbanes-Oxley Act, the most sweeping regulatory bill since the time of Franklin D. Roosevelt. If liberals rule unconstrained, we won't recognize our country in 30 years. Lori Zimmerman, RED BANK...

Author: /time Magazine | Title: Inbox | 11/26/2008 | See Source »

...Benjamin Franklin once remarked that the beginning of wisdom is the knowledge of your own ignorance. This is no longer true. Nowadays, the knowledge of your own ignorance is the beginning of a race towards a computer with Internet access...

Author: By Alexandra A. Petri | Title: The Beginning of Wisdom | 11/24/2008 | See Source »

...that it was playing the race card. An Associated Press analysis called the campaign's invocations of the once violent 1960s radical Ayers "racially tinged" because they evoked the word terrorist. McCain was also accused of playing on race for running an ad that highlighted Obama's relationship with Franklin Raines, a former executive at Fannie Mae who is black. Says Davis: "I never saw anybody play the race card but the Obama campaign...

Author: /time Magazine | Title: The Anti-Obama Campaign That Didn't Happen | 11/24/2008 | See Source »

...stumbled onto a street speech by a local spellbinder: Adolf Hitler, two years before the Third Reich came to power. In 1936 Cooke wandered into an alley during Harvard's tricentennial celebration and saw two Secret Service men lean into a limo and lift out the polio-stricken "Franklin Roosevelt, inert as a sack of potatoes." In 1968 he was at the Ambassador Hotel when Robert Kennedy was shot, and filed one of the sharpest, coolest reports ever filed under the pressure of deadline and desperation...

Author: /time Magazine | Title: Alistair Cooke: PBS's Rock Star | 11/23/2008 | See Source »

...Obama has said lifting up Detroit is one of his top priorities, but even he might have mixed feelings about throwing his weight around before he takes office. In that respect, the stalemate is a bit reminiscent of the economic crisis Franklin D. Roosevelt faced in 1932 as President-elect, says Brookings Institution historian Stephen Hess. While Roosevelt could have done more to step in, he chose to wait to take office and exercise his full power - making a clean break and effectively laying all the blame on the previous Administration of Herbert Hoover. As Jonathan Alter writes...

Author: /time Magazine | Title: Why the Dems' Drive to Aid Detroit Is Stalling Out | 11/18/2008 | See Source »

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