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...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 »

...history. They were once mutual admirers in Woodrow Wilson's war cabinet, and in 1920 Roosevelt backed Hoover for the presidency--as a Democrat. Hoover's status as the Great Humanitarian, a title bestowed for his heroic Belgian food relief during World War I, had long since been tarnished by his refusal as President to countenance direct government assistance to victims of his own country's Depression. After the Inauguration, Hoover and Roosevelt would never meet again. Their shared ride down Pennsylvania Avenue traversed an endless mile in awkward silence. At the Capitol, 100,000 onlookers had assembled under pewter...

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 »

...stimulus on an unprecedented scale. Obama's tacit collaboration with an unpopular predecessor offers the strongest evidence yet of his sincerity in wanting to change the brutish tone of official Washington. It's a safe bet his ride to Capitol Hill will be far more civil than the ghastly Hoover-Roosevelt procession. And that's change we can all believe...

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

...Graham to resist those threats. Felt's motives for helping Woodward (whom Felt had met in the Nixon White House when Woodward was a young Navy lieutenant carrying classified documents between the Pentagon and the National Security Council) were not entirely pure. Felt had hoped to succeed J. Edgar Hoover as director of the FBI, and was miffed that Nixon had given the job to a close political ally. But Felt was also offended that the White House, through the new director, was attempting to manipulate the FBI's investigation of the Watergate crimes...

Author: /time Magazine | Title: The Man Who Was Deep Throat: Chasing Mark Felt | 12/19/2008 | See Source »

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