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...Sanford was once a lonely voice for fiscal restraint in Congress, one of the few Republican revolutionaries of 1994 who kept faith with the Contract with America. Back then, his bumper stickers said "Deficit" with a Ghostbusters-style slash through it, and his apocalyptic speeches chronicled how debt had destroyed great civilizations like the Byzantine Empire. I watched him give an updated version at a tea-party rally in Columbia, S.C., on April 15 as the crowd screamed about Obama's tyranny and waved signs like "Keep the Government Out of Our Health Care" and "USA 1776-2009, RIP." Sanford...

Author: /time Magazine | Title: One Year Ago: The Republicans in Distress | 5/7/2009 | See Source »

...some other stratosphere. We're the party of Big Business and Big Oil and the rich." In the Bush era, the party routinely sided with corporate lobbyists - promoting tax breaks, subsidies and earmarks for well-wired industries - against ordinary taxpayers as well as basic principles of fiscal restraint. South Carolina Senator Jim DeMint's Republican alternative to the stimulus included tax cuts skewed toward the wealthy; at this point, the GOP's reflexes are almost involuntary...

Author: /time Magazine | Title: One Year Ago: The Republicans in Distress | 5/7/2009 | See Source »

...demand for U.S. Treasuries and shaft future generations. They don't seem so worried about an imminent depression, which would explode deficits in addition to the shorter-term pain, and their newfound fear of borrowing has not cooled their ardor for budget-busting tax cuts. "They talk about fiscal restraint, but they've got an atrocious record, and they've still got atrocious plans," says Robert Bixby, executive director of the nonpartisan Concord Coalition...

Author: /time Magazine | Title: One Year Ago: The Republicans in Distress | 5/7/2009 | See Source »

...better part of 200 years, conservatives followed a different path. British statesman Edmund Burke was the movement's founder. A fierce critic of the French Revolution, Burke had contempt for rigid ideologues of all stripes and instead attached conservatism to restraint, custom and convention...

Author: /time Magazine | Title: How the Republicans Can Come Back | 5/7/2009 | See Source »

...lives in a traditional Thai house next door. Homemade scones, quiches and cakes are served in the main teahouse, which, with its wicker furniture and fanciful birdcages, could serve as the location for a Jane Austen courtship scene. You can also dine in the walled garden, which marries English restraint with tropical abundance. But the best seat of all is in the air-conditioned gazebo nestled amid the foliage. (See 10 things to do in Shanghai...

Author: /time Magazine | Title: A Break from Bangkok | 5/6/2009 | See Source »

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