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...fears about the future and our corresponding eagerness to turn the page, 2009 is not 1933. Yet there are echoes. At F.D.R.'s request, a simple prayer service was added to the Inaugural program, conducted by a clergyman who had voted for his opponent. Endicott Peabody's support of Herbert Hoover did not, however, preclude him from asking the Lord to bless his former Groton pupil. Across Lafayette Square from St. John's Church, a bone-weary Hoover seethed with resentment over his successor's refusal to cooperate during the dreary four-month interregnum stretching back to Election...

Author: /time Magazine | Title: The Ghosts of '33 | 1/15/2009 | See Source »

...will lead. Will he denounce Bernard Madoff and the modern money changers? Confident enough to be gracious, the President-elect has been much more forthcoming about his economic agenda than the deliberately opaque F.D.R. As for the outgoing President, George W. Bush has no wish to be the Herbert Hoover of the CNBC generation. Accordingly, his Administration will have spent several hundred billion dollars to unfreeze the credit markets. (Indeed, has anything of late so recalled Roosevelt's devotion to "bold, persistent experimentation" as the frantic improvisations of Hank Paulson...

Author: /time Magazine | Title: The Ghosts of '33 | 1/15/2009 | See Source »

...Unlike some fandroids, Ackerman actually got married. His wife Wendayne, four years older than Forry, translated SF novels by the German authors Karl Herbert Scheer, Kurt Mahr and Walter Ernsting. She died in 1990 and is buried at Forest Lawn Cemetery in Glendale, Calif., under the marker "Wife of Mr. Science Fiction." On his MySpace page, Forry wrote: "My life companion, Wendayne (the only one in the world) Ackerman, as the aftermath of a mugging in Italy, died some years ago, but not before translating 150 sci-fi novels from French & German, moonlighting while teaching for 20 years at university...

Author: /time Magazine | Title: Sci-Fi's No. 1 Fanboy, Forrest J Ackerman, Dies at 92 | 12/6/2008 | See Source »

...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 in his book The Defining Moment: FDR's Hundred Days and the Triumph of Hope, "Roosevelt wanted to make sure that the people remembered that it was Republicans who had forgotten their interests. If this meant sitting by idly while the economy sunk lower...

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

There is a rich history of mischief and malice in the interregnum, particularly during the last transfer of power to take place in the middle of a fiscal firestorm. In 1932 it didn't help that the two men neither liked nor trusted each other: Herbert Hoover called Franklin Roosevelt a "chameleon on plaid," while F.D.R. preferred the image of Hoover as a "fat, timid capon." Since Inauguration Day was not until March 1933, there was an urgent need for action, but Hoover's efforts to reach out to Roosevelt in the name of bipartisan cooperation were dismissed by critics...

Author: /time Magazine | Title: How Presidents Pass the Torch | 11/13/2008 | See Source »

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