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What Waxman does love to do is write laws, and he has been extraordinarily good at it. The walls of his Washington office are covered with framed pens that Presidents from Ronald Reagan to Bill Clinton used to sign the laws that Waxman helped make a reality: the Clean Air Act, generic-drug legislation, food- and toy-safety laws, and Medicare catastrophic coverage, to name a few. In 1994, as chairman of the health and environment subcommittee, he lined up the chief executives of the nation's biggest tobacco companies, had them raise their right hands and then shredded them...

Author: /time Magazine | Title: The Scariest Guy in Washington | 11/27/2006 | See Source »

...lawyer, Teddy Gordon, ran for the school board, promising a return to neighborhood schools, he came in--as guideline advocates like to point out-- dead last. "I don't care if my children go to school on the moon as long as they are getting a good education," says Ronald Thomas, who lives downtown and sends his three children to school on a half-hour bus ride via the Interstate...

Author: /time Magazine | Title: When Public Schools Aren't Color-Blind | 11/26/2006 | See Source »

...become more important than justice. The idea of restitution is correct, but it needs to be more just and less arbitrary." Von Pufendorf is demanding an independent investigation into the decision to hand over the painting. Both the "Berlin Street Scene" and Klimt's "Golden Adele" were bought by Ronald Lauder for his Neue Gallerie in New York. Several Klimts sold by Christies earlier this month also disappeared into private collections...

Author: /time Magazine | Title: Is Too Much Being Made On (and of) Nazi Art? | 11/21/2006 | See Source »

...would empower them. His work with the Pinochet dictatorship in Chile was widely reviled, but Chile is now the free-market powerhouse of the Andes and a democracy. These principles paid off for whole populations in South America, in Russia and in Asia. He was the mentor to Ronald Reagan, to Bush 41, even to Nixon--who did not quite believe just how strong Friedman's arguments were and went ahead and imposed ineffectual price-wage controls...

Author: /time Magazine | Title: Milton Friedman, Freedom Fighter | 11/19/2006 | See Source »

...weeks ago, entertainment mogul David Geffen sold two postwar paintings by Jasper Johns and Willem de Kooning for a combined $143.5 million. Geffen also sold a Jackson Pollock last week for $140 million, making it the single biggest art sale ever. It topped the previous record breaker--cosmetics magnate Ronald Lauder's purchase of Klimt's Portrait of Adele Bloch-Bauer I in June for $135 million. Although Geffen is rumored to be liquidating some art to make a bid for the Los Angeles Times, it's just as possible that the man senses a market peak when he sees...

Author: /time Magazine | Title: Portrait of a Bull Market | 11/13/2006 | See Source »

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