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...Campaign At last, someone is smart enough to address publicly the nastiness of the McCain campaign. Joe Klein has spelled it out exactly as it is [Sept. 29]. I cannot help wondering if his age and melanoma history have caught up with this man, resulting in a certain volatility in his behavior - on top of the craven politics of his party and the current Administration. If he is elected, we will not have four more years of the Bush Doctrine, but four more years of Dick Cheney, Karl Rove and Donald Rumsfeld rolled into one. Mary Helen Haskell, Bloomington...

Author: /time Magazine | Title: Inbox | 10/9/2008 | See Source »

...upside of that system was stability, though, the downside was a limit on how much money you could make with the capital you had. In the late 1970s, a lot of very smart Wall Street types managed to create a shadow banking system to finance more aggressive, risky and profitable investments, including novel vehicles based on the bad home loans peddled mostly (although not exclusively) by nonbank mortgage firms. (The government-sponsored Fannie Mae and Freddie Mac bought into the high-risk innovations of the shadow banking system around 2005 by buying a bunch of now-toxic mortgage-backed securities...

Author: /time Magazine | Title: Are Paulson and Bernanke Running Out of Options? | 10/8/2008 | See Source »

...last, someone is smart enough 
to address publicly the nastiness of the McCain campaign. Klein has spelled it out exactly as it is. I can't help wondering if McCain's age and melanoma history have caught up with him. One day, he is cordial and soft-spoken; another day, he is harsh and condemning. If he is elected, we will not have four more years of the Bush Doctrine but four more years of Bush, Cheney, Karl Rove and Donald Rumsfeld rolled into one. God help us. Mary Helen Haskell
, BLOOMINGTON...

Author: /time Magazine | Title: Recession Redux | 10/7/2008 | See Source »

...correlation between class and intelligence is completely consistent with the dream of American opportunity because it reinforces this sense that our idealized, meritocratic society is working. There is nothing shocking about the notion that people who are capable would rise to high-paying jobs. Nor is it surprising that smart, capable people would have smart, capable offspring—far more often than not, people with overlapping genes have overlapping IQ scores...

Author: By Lucy M. Caldwell | Title: Speaking Truth To Test Scores | 10/7/2008 | See Source »

...Became NBC's White House correspondent in 1971; covered the Watergate scandal, Nixon's resignation and the presidency of Gerald Ford, whom he once famously asked to respond to charges that he, Ford, was not smart enough to be leader of the free world...

Author: /time Magazine | Title: Tom Brokaw | 10/7/2008 | See Source »

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