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...Franklin Roosevelt's Administration started farm aid in response to the Dust Bowl and the Depression, calling it "a temporary solution to deal with an emergency." But in Washington, the emergency has never ended. The government still gives farmers your money--more than ever over the past decade--along with research projects to expand their yields, restoration projects to clean up their messes, flood-control and irrigation projects to protect and enhance their land, visa programs to supply them with cheap labor, ethanol mandates and tariffs to boost their prices, and tax breaks by the bushel...

Author: /time Magazine | Title: Why Our Farm Policy Is Failing | 11/2/2007 | See Source »

...should be based on the “normative assumption that markets are good” as long as they remain efficient and transparent. “It’s in our DNA,” he said. Cox said that even under the administration of Franklin D. Roosevelt, during which Congress created the SEC, the role of government in markets remained limited. “The essential approach of the Roosevelt administration was to regulate business, not own it,” he said. He added that the SEC will continue to treat foreign-owned firms and fund...

Author: By David K. Hausman, CRIMSON STAFF WRITER | Title: SEC Chair Frets About Foreign-Owned Firms | 10/25/2007 | See Source »

...Early on, Steichen recognized the value of networking. He started his Great Men series in the early 1900s and continued doing portraits of the likes of J. Pierpont Morgan, Richard Strauss, Theodore Roosevelt and Winston Churchill for much of his life. It didn't hurt his reputation that his brother-in-law, the well-known poet Carl Sandburg, published a biography, Steichen the Photographer, in 1929. In later years, Steichen's portraits tended toward show-business types like Gloria Swanson, mysterious behind a layer of lace, and W.C. Fields, hamming it up in his pajamas in one of the exhibition...

Author: /time Magazine | Title: Looking Back on Edward Steichen | 10/19/2007 | See Source »

...after two straight losses to Franklin D. Roosevelt, the Republicans turned to someone who was barely in their party. Utility executive Wendell Willkie had been a delegate to the 1924 Democratic Convention. But he criticized F.D.R.'s Tennessee Valley Authority as being a power grab by the Federal Government, and key Republicans, including TIME co-founder Henry Luce, thought he would be a fresh face for the GOP. Willkie had changed his party registration in 1939, but not all party regulars appreciated the interloper; Willkie's supposedly grass-roots campaign, quipped Washington hostess Alice Roosevelt Longworth, had sprung from...

Author: /time Magazine | Title: Unlikely Nominees | 10/18/2007 | See Source »

...chronicle of America's journey from its birth as an idea 400 years ago in the Jamestown settlement to how we vote on American Idol. The more than 600 images range from the intimate back rooms of history to the grandest of public moments. We see a young Teddy Roosevelt watching through a window as Abraham Lincoln's funeral cortege marches down New York City's Fifth Avenue as well as Martin Luther King Jr. transfixing hundreds of thousands on the Mall in Washington...

Author: /time Magazine | Title: A Story of America | 10/18/2007 | See Source »

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