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...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, others preached the soundness of these institutions. This is not a failure of the free-market system; it is the failure of big government and its manipulations. Jim Vance...

Author: /time Magazine | Title: Inbox | 10/23/2008 | See Source »

George W. Bush is less popular than poison ivy; the economy is in worse shape than Homer Simpson; if the Republican Party were a bank, it would need a bailout. But none of that can explain why Democrat Travis Childers won a startling special election to represent Mississippi's First Congressional District in May or why he's expected to keep his seat in November...

Author: /time Magazine | Title: Blue Dog Democrats on the Prowl | 10/23/2008 | See Source »

...past few decades, Democrats have not done well in squirrel-dumpling kinds of districts. Bush dominated this one by 25 points in 2004, and Republican Roger Wicker held its congressional seat without much trouble for seven straight elections before he was appointed to the Senate to replace Trent Lott. But last spring Childers became a national symbol of Democratic resurgence when he defeated Republican Greg Davis to win Wicker's vacated seat, and his apparent advantage in their upcoming rematch has been described as a metaphor for GOP problems this fall. After gaining 31 House seats in 2006, Democrats...

Author: /time Magazine | Title: Blue Dog Democrats on the Prowl | 10/23/2008 | See Source »

...between Obama and Hillary Clinton was set aside. There was no squabbling between old and new Dems, progressives and moderates, over race or war or peace. This was a year for no-drama Democrats, which made Obama as comfortable a fit for them as McCain was awkward for the Republican base...

Author: /time Magazine | Title: Why Barack Obama Is Winning | 10/22/2008 | See Source »

...important or clever or in need of some dramatic moment a lot of times just needs reflection and care. And I think that was an example of where my style at least worked." Obama realized that he and McCain could be little more than creative bystanders - and one prominent Republican told me that McCain was "the least creative person in the room at the President's White House meeting. He simply had no ideas. He didn't even have any good questions." Obama had questions for the Treasury Secretary and the Fed chairman, but he was under no illusions...

Author: /time Magazine | Title: Why Barack Obama Is Winning | 10/22/2008 | See Source »

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