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...senior associate at the Carnegie Endowment for International Peace. Best known for the 2003 success Of Paradise and Power: America and Europe in the New World Order, Kagan recently made news as a major influence behind John McCain's most ambitious foreign-policy address to date, delivered in late March in Los Angeles. It would be a mistake, however, to dismiss him as a mouthpiece for McCain or as just another American neoconservative, for he is neither. Kagan is a realist, to be sure, reminiscent of earlier public intellectuals such as Raymond Aron, Reinhold Niebuhr and Walter Lippmann. The Return...

Author: /time Magazine | Title: Power Struggle | 5/21/2008 | See Source »

Conservatives don’t just feel underappreciated; they worry the maverick’s unrequited love has pushed him leftward. In March, McCain was hands-off the housing market, asserting, “[I]t is not the duty of government to bail out and reward those who act irresponsibly, whether they are big banks or small borrowers.” Two weeks later, he was hands-on, insisting, “We will combine the power of government and the private sector to find immediate solutions for deserving American homeowners...

Author: By Brian J. Bolduc | Title: The Maverick in the Arena | 5/19/2008 | See Source »

...Latin America, and torn apart by racial tensions and political instability, Bolivia still maintains a force of over 5,000 sailors and 173 vessels, whose most important activity is the commemoration of ‘Sea Day’ at the centric Abaroa square in La Paz every March...

Author: By Pierpaolo Barbieri | Title: The Uncertainty Principle | 5/19/2008 | See Source »

...everyone embraces this development as a panacea. Former Federal Reserve Chairman Alan Greenspan argued in the Financial Times on March 16 that “we will never have the perfect model of risk.” Amidst a paradigm-shifting financial crisis originated at the core of financial markets, Greenspan felt the need to remind the audience of the FT that despite the amazing complexity of existing models and their relative success for many years, the very fact that they are an abstraction of reality makes it impossible for them to flawlessly predict where the market will go tomorrow...

Author: By Pierpaolo Barbieri | Title: The Uncertainty Principle | 5/19/2008 | See Source »

...coordination with the Sadrists has put Chalabi at odds with Prime Minister Maliki. Malaki launched a military offensive in March to squeeze the Mahdi Army out of Sadr City. One of the militia's tactics, taking a page out of the playbook of Lebanon's Hizballah, has been to secure popular support by delivering some of their basic welfare needs. A U.S. official says it is for this reason that Chalabi's coordination with the militia in the course of delivering basic services in Sadr City has become a point of contention with Maliki. And the U.S. is simply following...

Author: /time Magazine | Title: Chalabi's Short-Lived Comeback | 5/16/2008 | See Source »

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