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Next come the technocrats like William Howard Taft and Herbert Hoover, who both arrived with long résumés of appointed posts but virtually no electoral experience. This category might also include Jimmy Carter, who despite several years in the Georgia legislature and governor's office maintained an essentially bureaucratic outlook toward White House affairs. All three proved wanting as popular leaders, unable to rally mass support for their programs. All three were limited to a single term...

Author: /time Magazine | Title: Do Rookies Make Good Presidents? | 11/5/2008 | See Source »

...analysis of the most recent reports from the California secretary of state, the pro-equality side raised an astonishing $43.6 million, compared with just $29.8 million for those who succeeded in keeping gays from marrying. The money the gay side raised is surprising for two reasons: first, the cash-Hoover known as the Obama campaign was sucking down millions of dollars a day from the nation's liberals. Many gays expected it to be difficult to raise money to fight Proposition 8 and its plan to outlaw same-sex marriage from Democrats eager to give to Obama...

Author: /time Magazine | Title: Why Gay Marriage Was Defeated in California | 11/5/2008 | See Source »

...were printed on ticker tape, which could only produce 285 words a minute. Thirteen million shares changed hands - the highest daily volume in the exchange's history at that point - and the tape didn't stop running until four hours after the market closed. The following day, President Herbert Hoover went on the radio to reassure the American people, saying "The fundamental business of the country...is on a sound and prosperous basis...

Author: /time Magazine | Title: The Crash of 1929 | 10/29/2008 | See Source »

...going to stuff every urban ballot box from Miami to Chicago with fraudulent ballots cast by phony, made-up repeat voters. The Democrats fear that the Republicans--aided by the League of Snarling 'n' Sweaty Southern Sheriffs, Wal-Mart, Fox News, Dick Cheney and the ghost of J. Edgar Hoover--are going to use legal shenanigans, menacing hired goons and a vast army of pseudofascist Christian activists to deny millions of innocent Americans their right to vote...

Author: /time Magazine | Title: Here Be Monsters | 10/23/2008 | See Source »

...Treasury Secretary Hank Paulson (along with Federal Reserve Chairman Ben Bernanke, who presides over an immeasurably more potent Federal Reserve system than existed in 1929) has acted with vigor to bring the full powers of the Federal Government to bear in the current crisis. In dramatic contrast, when Herbert Hoover asked his Secretary of the Treasury, Andrew Mellon, for advice on how to cope with the financial implosion of 1929, Mellon replied, "Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate. It will purge the rottenness out of the system." Echoes of that old-time sentiment can still...

Author: /time Magazine | Title: A Historian on the Lessons of the Depression | 10/16/2008 | See Source »

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