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...19th century Parisian arcade. He still runs his business from that Rue Jean-Jacques Rousseau address, but now his shoes are sold in 46 countries around the world. He has 14 boutiques in cities such as New York, Los Angeles, Las Vegas and London, and he plans to open six more next year in places like Singapore, Jakarta and Beijing. He counts Oprah, Sarah Jessica Parker, Cameron Diaz, Katie Holmes and hundreds of other Hollywood stars among his loyal clientele...

Author: /time Magazine | Title: Shoe Designer Christian Louboutin: Sole Man | 4/17/2008 | See Source »

...George W. Bush by 17 percentage points; four years later, John Kerry lost them by 23 points. By contrast, Democratic candidates in the 2006 midterm elections ran 10 percentage points behind Republicans among working-class whites--and managed to win back the House and the Senate as well as six governorships and nine state legislatures. The issues that mattered in that election--disapproval of President Bush, opposition to the Iraq war and economic insecurity--remain at the top of their concerns today and could make white working-class voters more open to the idea of voting for a Democrat...

Author: /time Magazine | Title: Obama's Bitter Lesson | 4/17/2008 | See Source »

...more emphasis on what he shares with working-class voters. He talked about the struggles of his single mom, and the fact that he and his wife had to take out student loans to finance their law-school educations--loans they didn't finish paying off until five or six years ago. (Though, of course, that would be Harvard Law School.) "This is a guy who, when he talks about his own life, has lived through some of the same stuff they are living through," says labor leader Anna Burger, the head of the Change to Win federation of unions...

Author: /time Magazine | Title: Obama's Bitter Lesson | 4/17/2008 | See Source »

...small-dollar checks, McCain makes the rounds of hotel ballrooms, charming wealthy donors with traditional chicken dinners and fruit-platter mixers. In March he attended 26 fund raisers in 24 cities, raising about $15 million, with roughly one-third of it coming from the Web. Obama attended just six events in the same period, yet his campaign raised three times as much, 2 mostly online...

Author: /time Magazine | Title: Why Democrats Rule the Web | 4/17/2008 | See Source »

...pays to play things safe, says Richard Bernstein, chief investment strategist at Merrill Lynch: "There is nothing wrong with cash." Yet be warned: yields on money-market funds and bank CDs are low and going lower. Don't plan on holding lots of cash for more than six months. One good option, says Bernstein, is Treasury bonds, which on a total-return basis have outperformed stocks in five of the past eight years--a first since the Depression. He believes that trend will hold this year. Bernstein also likes stocks of large-cap companies and, as a play...

Author: /time Magazine | Title: Surviving Market Mayhem | 4/17/2008 | See Source »

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