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...Peking, enabling Nixon to play the China card against the Soviets, but that only led to nearly two decades of détente. The only effective way to bring about the end of totalitarian regimes is direct confrontation. The U.S.S.R. fell because Ronald Reagan, Margaret Thatcher and Pope John Paul II confronted that country. Richard Kade, Sunnyvale, California...

Author: /time Magazine | Title: Inbox | 3/20/2008 | See Source »

...Bear deal "threads the needle in the right way," as Democratic Senator Charles Schumer put it. But if Fed-arranged fire sales become a regular event, questions will inevitably arise about moral hazard and playing favorites. "They stepped into a vacuum, and I think quite appropriately," former Fed chairman Paul Volcker said on Charlie Rose. "But is this what you want for the long-standing regulatory support system? My answer...

Author: /time Magazine | Title: The Bear Trap | 3/20/2008 | See Source »

...Peking, enabling Nixon to play the China card against the Soviets, but that only led to nearly two decades of détente. The only effective way to bring about the end of totalitarian regimes is direct confrontation. The U.S.S.R. fell because Ronald Reagan, Margaret Thatcher and Pope John Paul II confronted that country...

Author: /time Magazine | Title: Inbox | 3/20/2008 | See Source »

...Adams (Paul Giamatti) didn't catch many breaks. He wasn't tall and commanding like Washington, wildly gifted like Ben Franklin or silver-tongued like Jefferson--and, he notes, he doesn't have an inheritance, so he must work for a living as an attorney. This colors his personality; Giamatti plays him as a trudging bulldog, noble but vain, intellectual but provincial, idealistic but cautious. And it colors his politics, giving him a darker view of life than those of his colleagues with cleaner fingernails...

Author: /time Magazine | Title: Founding Fighters | 3/20/2008 | See Source »

...happy with this.' HEATHER MILLS, on a $48.6 million settlement in her divorce from former Beatle Paul McCartney...

Author: /time Magazine | Title: Verbatim | 3/20/2008 | See Source »

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