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...their own versions of modernity, has changed the game. What the U.S. faces in the world now is not a crisis of leadership so much as one of followership. To be sure, the fiasco of Iraq has meant that there is no new generation of people and nations keen to follow America's lead. But the fundamental point transcends Iraq. It is that the conditions which created leadership and followership in the post-1945 world are gone, and they're not coming back...

Author: /time Magazine | Title: America: The Lost Leader | 10/23/2008 | See Source »

...years when he was Chancellor of the Exchequer, his support for financial services was especially notable because his Labour Party had a history of antagonism with the City. Brown sought to convince the financial community that New Labour would be pro-business, pro-enterprise, noninterventionist and keen to cosset the rich, believing their wealth would trickle down to the wider economy. Brown also championed a new governance system for financial services that he and other politicians like to refer to as "light-touch" regulation. In June 2007, just days before he replaced Tony Blair as Prime Minister, Brown gave...

Author: /time Magazine | Title: London Falling | 10/23/2008 | See Source »

...Nearly twenty years since a Pakistan-backed insurgency began to fight India for either Kashmiri independence or a merger with Pakistan - a conflict that has claimed over 68,000 lives - feelings are still strong. When Pakistani president Asif Ali Zardari, who has been keen to develop stronger ties with Pakistan's neighbours, recently told an interviewer that India had "never been a threat" to Pakistan and labeled as "terrorists" the Islamist militants who had fought India in Kashmir with the backing of the Pakistani military, there was outrage in Pakistan and among Kashmiris on the Indian side of the Line...

Author: /time Magazine | Title: India, Pakistan Cross the 'Line' | 10/23/2008 | See Source »

...He’s not even licensed, doggone it! And his real surname is Wurzelbacher. Now Joe, doesn’t that sound like some kind of Arab Communist name to you? I know it does to me. So why the heck is the GOP, our GOP, suddenly so keen on this...

Author: By Rajarshi Banerjee | Title: Don’t Forget the Other Joe! | 10/20/2008 | See Source »

...With a keen sense of timing, the 71-year-old retired general tried to bring maximum firepower and a strong grasp of the tactical landscape to bear on the campaign, leaning into the race after months of silence on his own timetable, with forces (in this case, words) he spent weeks and even months preparing...

Author: /time Magazine | Title: Powell's Endorsement: Months in the Making | 10/20/2008 | See Source »

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