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Presidents weren't always so eager to meet the press. Thomas Jefferson had little use for the ink-stained wretches, believing newspapers offered "the caricatures of disaffected minds." During Theodore Roosevelt's presidency, reporters were forced to remain outside the White House gates, until Teddy took pity on them during a rainstorm (the voluble T.R. would later enjoy bantering with scribes while getting a shave). Many Presidents required the press to submit questions in writing and barred them from printing direct quotations; access was so limited the New York Times's Arthur Krock won a Pulitzer for scoring...

Author: /time Magazine | Title: Brief History: Presidents and the Press | 9/28/2009 | See Source »

...comes to recruiting presidential advisers he's in good company. During World War I, Woodrow Wilson appointed financier Bernard Baruch to head the War Industries Board - a position dubbed industry czar (this just one year after the final Russian czar, Nicholas II, was overthrown in the Russian Revolution). Franklin Roosevelt had his own bevy of czars during World War II, overseeing such aspects of the war effort as shipping and synthetic-rubber production. The term was then essentially retired until the presidency of Richard Nixon, who appointed the first drug czar and a well-regarded energy czar, William E. Simon...

Author: /time Magazine | Title: White House Czars | 9/23/2009 | See Source »

...months after Franklin D. Roosevelt took office in 1933, Congress legislated a complete transformation of Wall Street and the banking sector with the creation of the Securities and Exchange Commission and the Federal Deposit Insurance Corp., and the segregation of commercial banks from Wall Street. It's not obvious that we need such a drastic overhaul now, but still, the contrasts with 1930s are stark. Ironic, too. By following their belief that financial markets should work out their own problems, Andrew Mellon and his kindred spirits at the Fed triggered a financial collapse that more or less ensured major, permanent...

Author: /time Magazine | Title: Three Lessons of the Lehman Brothers Collapse | 9/15/2009 | See Source »

...notions that capitalism can be predatory and that priests, in the U.S. and Paraguay (where the President is a former Catholic bishop), are all liberation theologians. And in both films, Barack Obama's election is heralded as triggering an era of enlightenment. "I hope he will be a new Roosevelt," Chávez says at the end of the film, "and I hope he starts a new New Deal...

Author: /time Magazine | Title: South of the Border: Chávez and Stone's Love Story | 9/8/2009 | See Source »

...agree that FDR led this country through a difficult time,” said Colin J. Motley ’10, president of the Harvard Republican Club. “But from what I’ve observed, there’s a tendency in the work of the Roosevelt Institution to favor government intervention in the economy and other things that might make it difficult for conservative students to become involved in the organization...

Author: By James K. Mcauley, CRIMSON STAFF WRITER | Title: Political Group Opens Chapter | 9/7/2009 | See Source »

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