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James Madison said in a speech before the Constitutional Convention "All men having power ought to be distrusted to a certain degree." While almost every person involved in the frenzied financial expansion knew that, it was conveniently forgotten when almost everyone was making money. What the financial community learned from...

Author: /time Magazine | Title: Farewell To Madoff, Who Leaves Us Too Soon | 1/26/2009 | See Source »

The plutonium "pit" of a nuclear weapon - the heart of its extraordinary power - suffers radioactive decay, losing power and building up impurities, over time. There is concern that aging pits may fail to detonate properly, or perhaps at all.

Author: /time Magazine | Title: Obama's Showdown Over Nukes | 1/26/2009 | See Source »

What remains of the insurgency may gain new life if disaffected political elements on the losing end of the coming provincial elections Jan. 31 turn toward violence. And militias remain a lurking presence in the political process as well. The truth is that any move by the new White House...

Author: /time Magazine | Title: How Soon Is Too Soon to Leave Iraq? | 1/26/2009 | See Source »

But as thousands began losing their jobs, public anger grew. As the Minister of Commerce Sigurdsson said in his resignation statement: "Last night I came to the realization that, for me, there is no turning back. The anger and distrust of the people is to too deep for me to...

Author: /time Magazine | Title: Global Financial Crisis Claims Iceland | 1/26/2009 | See Source »

As he returns to his hometown of Midland, Texas, George W. Bush is surely happy to be back in the friendly confines of the Lone Star State. But he may be surprised to find a very different - and more divided - Republican Party from the one he left behind eight years...

Author: /time Magazine | Title: Bush Returns to a Divided Texas Republican Party | 1/25/2009 | See Source »

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