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Proposition 13 was the brainchild of the late Howard Jarvis. The antitax crusader was a 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 »

...secretary. But this time he chose to remain in Washington, eventually renting space in a downtown office building, hiring a staff of several people, and setting up a new headquarters not far from his house in the city. On the walls of the office, Rumsfeld hung photos of Teddy Roosevelt and Harry Truman, framed certificates marking his own years of service under several presidents, and other mementos. In a corner stood a parting gift from the Joint Chiefs of Staff: a bronze bust of Winston Churchill with a cigar in his mouth. The inscription, quoting Churchill, read, "Victory is never...

Author: /time Magazine | Title: Donald Rumsfeld in Repose | 6/21/2009 | See Source »

...description isn't wrong. The Obama plans would, if enacted, amount to the biggest changes in financial regulation since the 1930s. But don't let this make you think the Obama reforms even approach in significance and forcefulness the changes made back then. In the early days of the Roosevelt Administration, Congress set up the Securities and Exchange Commission and charged it with strictly regulating markets, split banks from investment banks with the Glass-Steagall Act, created the Federal Deposit Insurance Corp., and enacted all manner of other game-changing financial reforms. It's not just that the Obama reforms...

Author: /time Magazine | Title: Is Obama's Financial-Reform Plan Bold Enough? | 6/18/2009 | See Source »

...really glad Beck is doing this tour. While I may not agree with him that Theodore Roosevelt destroyed our nation, I'm glad that someone with a sense of humor is leading the lunatic fringe. Joseph McCarthy didn't make fun of his weight, and Father Coughlin never wondered what the deal was with anything. Making fun of yourself implies that you know your message is imperfect. So I hope Beck, who does have the tunnel logic of an extremist, keeps going on these tours. Especially since writing material for him is so easy...

Author: /time Magazine | Title: Heeeere's Glenn! When the Lunatic Fringe Tries Comedy | 6/12/2009 | See Source »

...unconscious—just imagine Joe McCarthy!” said William H.C. Basetti ’59. “But at Harvard at least everybody who had the least speck of brains realized how stupid it was.”Harvard’s involvement with the Roosevelt administration’s war effort had created a precedent for government involvement on campus, and given that the country had not yet experienced the disillusionment induced by the Vietnam War, most students were willing to trust the government to an extent not seen today and less willing to speak...

Author: By Elias J. Groll, CRIMSON STAFF WRITER | Title: Students Apathetic About Loyalty Oaths | 6/1/2009 | See Source »

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