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Just as delicate: embracing what Democrats love about her husband while finding her way around the land mines where his policies are at odds with party sentiments today. Where he was an unapologetic free trader, for instance, she declares, "If all you say is, you're for free trade, I think that's denying reality." Hillary distances herself--gently--from Bill's hardest-fought achievement in that area, the passage of the North American Free Trade Agreement. "NAFTA was inherited by the Clinton Administration," she insists. "Bill believed in it, and I believe in the general principles that it represented...

Author: /time Magazine | Title: Hillary Hits The Hustings | 2/1/2007 | See Source »

Perot (pronounced Puh-roe) was born in hardscrabble Texarkana, Texas, the son of a cotton broker and horse trader. He likes to relate that he began busting broncos for money at age eight. As a teenager, he delivered newspapers on horseback in Texarkana's black slums. In 1949 he enrolled at the U.S. Naval Academy, where he was inspired by the can-do regimentation of the military. But after a four-year minimum Navy hitch, he resigned to join a firm synonymous with the kind of corporate bureaucracy Perot now claims to disdain...

Author: /time Magazine | Title: Need a Rescue? Call Ross | 1/26/2007 | See Source »

Hong Kong's trading companies have moved beyond consumer goods. Noble Group, founded in 1987 in Hong Kong by a former steel trader named Richard Elman, sources commodities ranging from soybeans to petrochemicals to aluminum. A Chinese steel mill searching for a reliable supply of iron ore can hire Noble to find it, deliver the ore and then market the steel made from it. For some products, Noble controls the entire supply chain--for example, it grows oilseeds in Argentina, stores them in Noble-owned warehouses, ships them to China from Noble-controlled Argentine ports, processes and refines them...

Author: /time Magazine | Title: Hong Kong Soars | 1/19/2007 | See Source »

...majority in Congress, it will be harder to get a strong U.S. position. Do you agree? Without doubt, the Administration needs to do some heavy lifting with a Congress it no longer controls and a farm lobby that still has considerable power. Against this, President Bush is a free trader by instinct and wants to do the deal. We need to show that, in fact, it will not cost the U.S. much to cut its subsidies, yet will provide longer-term benefits to the economy. Agriculture is still the biggest sticking point...

Author: /time Magazine | Title: "We Are in the Endgame" | 1/18/2007 | See Source »

...time Little Miss Sunshine's Abigail Breslin made it to the Weinstein Company party at the Beverly Hilton's Trader Vic's restaurant, two hours after the ceremony ended, the 10-year-old actress had handed off her teeny heels and even teenier purse (which had nothing in it) to her agent. Sunshine's cast went home trophy-less so the only thing that survived on Breslin's arm was a stuffed monkey. "This is George," the actress said, introducing her plush date. Plenty of stars with whinier companions no doubt envied Breslin's choice...

Author: /time Magazine | Title: 10 Surprises From the Golden Globes | 1/16/2007 | See Source »

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