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...intends to accept about $84 million in public financing after he is nominated, Obama has been moving in the opposite direction. After once vowing to take public money, he now calls his online fund-raising machine a "parallel public-financing system," which is convenient because it has no upper limit "He's got an incredible small-dollar operation," observes Charlie Black, a senior adviser to the McCain campaign. "That's a huge advantage for them...

Author: /time Magazine | Title: Why Democrats Rule the Web | 4/17/2008 | See Source »

...Senate On April 10, the Senate passed the Foreclosure Prevention Act, which would give $6 billion in tax breaks to home builders--and to airlines and other struggling businesses. The bill would also increase the maximum mortgage limit that the Federal Housing Administration (FHA) can insure...

Author: /time Magazine | Title: Briefing | 4/17/2008 | See Source »

...next step toward changing the policy for holding large student group events in the Houses, a working draft of the report on events management was brought before the Committee on College Life (CCL) yesterday morning. The report calls for Harvard to limit student group events to two per night and to require organizations to register parties three weeks in advance. It also suggests unifying the House registration system and increasing Harvard University Police Department coverage. “I want events to be better organized and safer,” Assistant Dean of the College Paul J. McLoughlin said...

Author: By Sophie M. Alexander, CRIMSON STAFF WRITER | Title: Student Events To Face Limits | 4/17/2008 | See Source »

...suspect that he will. It's McCain's way. He sees the tawdry ceremonies of politics - the spin and hucksterism - as unworthy. He's not one to put on silly hats; his physical disabilities limit his capacity to engage in bowling photo ops. His shtick is substance, the endless access granted to reporters on his bus. The problem for McCain, and the opportunity for Democrats, is that his positions are either unpopular or sketchy. The problem for Democrats is that McCain has the potential to steal, or take the edge off, some of their favorite issues by offering more moderate...

Author: /time Magazine | Title: Above the Fray | 4/17/2008 | See Source »

...global warming, for instance, he and Senator Joe Lieberman introduced a cap-and-trade system to limit carbon emissions 60% below 1990 levels by 2050. McCain's recent body language indicates he would not be nearly as comprehensive as the Democrats; he probably would not, for example, auction off the right to pollute for major corporate spewers - which could raise significant funds for alternative-energy research. But the old McCain-Lieberman plan had the look of a half-a-loaf compromise that could eventually get through Congress - and take the global-warming issue off the table in the election...

Author: /time Magazine | Title: Above the Fray | 4/17/2008 | See Source »

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