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...never thought I'd be agreeing with Republican Senator Richard Shelby from Alabama, but my assessment of the current bank bailout conforms with his response: No! Invest in infrastructure, home weatherization, worker-retraining, green-collar jobs and whatever will move us away from our oil addiction. Rather than doubling down on our already obscene national debt, we should face up to letting the chips fall and reorganizing our lives and economy around a sustainable paradigm. Bruce Garver, Murrieta, Calif...

Author: /time Magazine | Title: Inbox | 10/16/2008 | See Source »

...Public Mistrust Re Michael Grunwald's piece on how Washington failed us: I'm neither Republican nor Democrat, and I am disgusted with both [Oct. 13]. Both presidential candidates want to blame Wall Street, and there is surely some merit to that. But the heart of the problem rests with Freddie Mac and Fannie Mae, two quasi-government corporations. Despite several attempts by legislators to call attention to the impending crisis, lawmakers like Senator Christopher Dodd - the No. 1 recipient of campaign contributions from Fannie and Freddie - preached the soundness of these institutions. This is not a failure...

Author: /time Magazine | Title: Inbox | 10/16/2008 | See Source »

...never thought I'd be agreeing with Republican Senator Richard Shelby from Alabama, but my assessment of the current bank bailout conforms with his response: No! Invest in infrastructure, home weatherization, worker-retraining, green-collar jobs and whatever will move us away from our oil addiction. Rather than doubling down on our already obscene national debt, we should face up to letting the chips fall and reorganizing our lives and economy around a sustainable paradigm. Bruce Garver, Murrieta, California...

Author: /time Magazine | Title: Inbox | 10/16/2008 | See Source »

SARAH PALIN, Republican vice-presidential hopeful, when asked about an Alaskan legislative panel that concluded she abused her power as governor by pressuring Walter Monegan (below), then the state's public-safety commissioner, to fire a state trooper over a family dispute...

Author: /time Magazine | Title: Verbatim | 10/16/2008 | See Source »

Only a month ago, Bruce Lunsford looked like a bad bet to unseat the most powerful Republican on Capitol Hill. A businessman who twice failed to become Kentucky's governor, Democrat Lunsford seemed not much of a match for minority leader Mitch McConnell, who has spent 24 years in the Senate. McConnell's campaign has raised nearly $18 million, while Lunsford had to loan $5.5 million to his. But where polls as recently as mid-September were showing Lunsford running 13 or more points behind McConnell, several since then suggest the race is a dead heat, and the national Democratic...

Author: /time Magazine | Title: The Democrats Drive for 60 in the Senate | 10/16/2008 | See Source »

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