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But even if the summit yields trans-Atlantic agreement on tougher regulations, Lannoo says the new determination to substitute sobriety for greed may be a harder line to sell to emerging nations. "Lots of countries in Africa, Asia, Middle East, and South America are going to say, 'these are reactions...

Author: /time Magazine | Title: Muted Hopes for Global Finance Summit | 10/23/2008 | See Source »

One would almost automatically assume that the Douglas County, Neb., District Court does not hold jurisdiction over the omnipotent creator of the universe. State senator Ernie Chambers, however, took it upon himself to challenge that assumption last year, when he filed a lawsuit against God.

Author: By Bilal A. Siddiqui | Title: Supreme Impiety | 10/22/2008 | See Source »

The speech was followed by a more traditional form of damage control when Wright showed up in Washington still spewing racial nonsense: Obama cut him loose. And while Obama has followed a fairly traditional political path in this campaign, his strongest - and most telling - moments have been those when he...

Author: /time Magazine | Title: Why Barack Obama Is Winning | 10/22/2008 | See Source »

Which is why the Petraeus moment is so interesting. Obama's gut reaction was to go against his normal palliative impulse and to challenge the general instead. "I felt it was necessary to make that point ... precisely because I respect Petraeus and [Ambassador Ryan] Crocker," Obama said, after he reluctantly...

Author: /time Magazine | Title: Why Barack Obama Is Winning | 10/22/2008 | See Source »

If he wins, however, there will be a different challenge. He will have to return, full force, to the inspiration business. The public will have to be mobilized to face the fearsome new economic realities. He will also have to deliver bad news, to transform crises into "teachable moments." He...

Author: /time Magazine | Title: Why Barack Obama Is Winning | 10/22/2008 | See Source »

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