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...policy issues, Jones, Gates and Clinton aren't significantly more hawkish than Obama. What they are is more hawkish symbolically. Gates is a Republican; Jones is a Marine general who once worked for John McCain; Clinton, as Senator from New York, has gained credibility with hawkish pro-Israel groups. In other words, what distinguishes Gates, Jones and Clinton isn't their desire to shift Obama's policies to the right; it's their ability to persuade the right to give Obama's policies a chance...

Author: /time Magazine | Title: Obama Chooses an Unlikely Team of Hawks | 11/26/2008 | See Source »

...Democratic group Third Way asked voters in September whom they trusted more on national security, Democrats trailed by 14 points. (The gap has widened substantially since late 2006.) On the question of "ensuring a strong military," they trailed by 30 points--an astonishing figure, given that it is a Republican President who has stretched the Army to its breaking point...

Author: /time Magazine | Title: Obama Chooses an Unlikely Team of Hawks | 11/26/2008 | See Source »

Most informed people acknowledge that the financial mess began not with Republican deregulation but with liberal social engineering--exploited by Wall Street, to be sure, and unchecked by either party. A Republican House helped pass the Sarbanes-Oxley Act, the most sweeping regulatory bill since the time of Franklin D. Roosevelt. If liberals rule unconstrained, we won't recognize our country in 30 years. Lori Zimmerman, RED BANK...

Author: /time Magazine | Title: Inbox | 11/26/2008 | See Source »

While Summers has worked for almost every Democratic President or nominee for the past 20 years, Geithner's politics are more moderate. Once a registered Republican, he is now an independent, and his instincts are also more opaque. He tried and failed to arrange a private buyout for Lehman Brothers in September and led the $152.5 billion AIG bailout, which proved to be far more expensive than the current Treasury Secretary, Henry Paulson, had anticipated. But Geithner has withheld judgment in public on key issues, like an ambitious program to modify bad home loans that has run into opposition from...

Author: /time Magazine | Title: Jump-Starting the Obama Presidency | 11/26/2008 | See Source »

Plan of attack: Whatever its other challenges, the new economic team already has one huge advantage: economists from both right and left now agree that a massive stimulus measure is needed--and soon. The éminence grise of Republican economic advisers, Harvard's Martin Feldstein, raised some eyebrows in October by saying the stimulus package might need to be as big as $300 billion. Already that seems timid. Jan Hatzius, chief economist for Goldman Sachs, is telling clients he expects Obama's stimulus package to be $400 billion to $500 billion a year in order to compensate for a retrenchment...

Author: /time Magazine | Title: Jump-Starting the Obama Presidency | 11/26/2008 | See Source »

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