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...this outlook, which its adherents often contrast with the cynicism of their elders, cannot hope to live up to expectations. The art of politics demands prudence—the rational faculty that determines, in a given situation, what is possible and practicable. Experience, habit, and keen observation help develop this faculty—an unadorned albeit indomitable hope is only a lazy substitute...

Author: By Christopher B. Lacaria | Title: The Delusion of Hope | 3/3/2008 | See Source »

...That all changed in the 1820s. More free settlers arrived seeking their fortunes. As huge land grants were made, convicts and Aborigines were pushed further into the bush. Disgusted by the colony's convict "stain" and keen to reproduce the trappings of English society, the new élite soon had an ally in Lieutenant Governor George Arthur. "If my hands are strengthened," wrote Arthur in 1825, "I hope to make transportation a punishment which, at present, it certainly is not." His legacy would include chain gangs, the horrors of the Port Arthur prison settlement, and hundreds of hangings. Though...

Author: /time Magazine | Title: Freedom in Chains | 2/28/2008 | See Source »

...Franklin Roosevelt's experience as governor of New York that gave him the power to inspire in some of the nation's darkest hours? Or was that gift a distillate of his dauntless battle with polio? To a keen student of human nature, all of life offers lessons in how to lead, inspire and endure. Lincoln's ability to apply useful lessons from his motley experiences was among his most striking traits. When Ulysses Grant explained his grand strategy to defeat Lee by attacking on multiple fronts, Lincoln immediately thought of a lesson in joint operations learned years earlier...

Author: /time Magazine | Title: Does Experience Matter in a President? | 2/28/2008 | See Source »

...Rancor like that suggests money is at stake, and of course, it is. Berlin is keen to claim an estimated $6 billion in unpaid taxes on funds that German citizens are thought to have spirited away to Liechtenstein, beyond the reach of Germany's tax authorities - but not, it turns out, of its spies. Germany's Federal Intelligence Service, the BND, paid as much as $7 million to a former employee of a trust controlled by the LGT Group, a bank owned by the principality's royal family. In return, the BND received stolen computer discs containing names of people...

Author: /time Magazine | Title: Saving a Banking Boom from Berlin | 2/28/2008 | See Source »

...Israeli military is drawing up battle plans for an assault on Gaza, but neither the cabinet nor the generals are keen on reconquering the teeming Palestinian territory, a move that could lead to heavy casualties among Israeli soldiers and Palestinian civilians, and that could drag on for months...

Author: /time Magazine | Title: Israel's Gaza Trap | 2/28/2008 | See Source »

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