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...evening ended with an incongruous question plucked by Brokaw from thousands of online submissions: "What don't you know, and how will you learn it?" Obama took the mush as a signal to deliver his closing statement - a classic of the front-runner stall: when in doubt, praise the American Dream...

Author: /time Magazine | Title: Obama Plays Ball Control in Second Debate | 10/8/2008 | See Source »

...also have to show that they can affect the vote of Florida blocs like African-Americans and Latinos. Florida's 1.3 million registered black voters, so many of whom felt disenfranchised in the 2000 Florida recount debacle, were uninspired by Democratic candidate John Kerry in 2004 and are a question mark in 2008. As a result, "to a large degree we're counting on young African-Americans," who connect with Obama more readily than their parents or grandparents do, "to bring the black vote up to where we need it in Florida," says an Obama campaign official. Obama faces...

Author: /time Magazine | Title: Young Voters Could Be the Deciding Factor in Florida | 10/8/2008 | See Source »

...dangerous anymore. No one is going to be caught checking his watch. No one will take the stage without memorizing the price of a gallon of milk and a gallon of gas. And because the campaigns ultimately set the rules, no audience member will be allowed to ask a question that hasn't been screened by some higher authority...

Author: /time Magazine | Title: Obama Plays Ball Control in Second Debate | 10/8/2008 | See Source »

...viewers and the front runner all knew what to expect, and if you were watching closely you could see Obama's strategy from his very first answer. Of course the opening question concerned the meltdown of the financial markets. Moderator Tom Brokaw tried to get Obama to say how these events have reshaped his agenda. "The middle class need a rescue package," the candidate answered, which sounded new for a moment, until he opened the package to reveal exactly the same economic plan he has been running on for months...

Author: /time Magazine | Title: Obama Plays Ball Control in Second Debate | 10/8/2008 | See Source »

...question now is whether or not the Fed's rate cut is enough to reverse the markets' downward spiral. Many analysts in Asia say it is not. "I don't think that the coordinated rate cut will work," said JPMorgan's Kanno. "The only thing it could do is to buy time. Monetary policy doesn't work anymore, once confidence is lost." Kanno and other observers in Japan - recalling their own painful financial crisis in the 1990s - believe the solution needs to be far more dramatic. They advocate that the U.S. government directly invest taxpayer money into private financial firms...

Author: /time Magazine | Title: US-Europe Rate Cut Comes Too Late for Asia | 10/8/2008 | See Source »

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