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...policy genius not unlike Franklin D. Roosevelt. Both shared an affinity for designing deep structural change that, once embedded in the political system, is nearly impossible to alter without a massive change of heart by voters. Social Security is the lasting legacy of the New Deal era because F.D.R. understood that workers who contribute payroll-tax deductions from their paychecks would not want politicians tinkering with their retirement dollars. Conservatives have mounted assaults on Social Security through the years but to no avail...

Author: /time Magazine | Title: The Legacy of Proposition 13 | 6/27/2009 | See Source »

...have a proposal on what to do with the mortgage insurers by early next year. Fannie and Freddie, which guarantee to pay lenders and investors in the event that a borrower defaults, were set up by Congress. But while they were run as private companies, it was long understood that if the companies ran into trouble, the government would step in to save them, which is exactly what happened. (Read "Will President Obama's New Housing Plan Work...

Author: /time Magazine | Title: The Future of Fannie and Freddie: Chief Says Government Ownership Is Bad | 6/19/2009 | See Source »

...OSAPR Director Sarah Rankin said that ideally students in need of counsel would have someone on campus to talk to. But she added that she understood the University's rationale in making this "painful decision," and that she too hoped students' needs could be met by "piecing together all the things that will be available...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Harvard Sexual Assault Office To Close for July | 6/19/2009 | See Source »

...Administration of failing to recognize the "humanity" of homosexuals. Barney Frank called the White House to protest, and several other gay Democrats announced plans to boycott an upcoming fundraiser, forcing the treasurer of the Democratic National Committee, Andrew Tobias, who is also gay, to write donors saying that he understood "all the hurt and anger...

Author: /time Magazine | Title: On Agenda, Gays Ask, but Obama's Not Telling | 6/18/2009 | See Source »

That Federer's artistry has been thwarted by Nadal's muscular play doesn't bother Federer fans, who seem to love him all the more for his struggles. The Parisian crowds that chanted "Roger! Roger!" through the French Open fortnight understood that if Federer's ethereal game could finally triumph on the heavy red clay of Roland Garros, it would be another proof of his greatness...

Author: /time Magazine | Title: Greatest Hitter: Roger Federer | 6/17/2009 | See Source »

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