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...spin this into a case for reduced regulation--regulators are likely to mess up, so why bother? But it can also point toward an approach based not so much on discretion as on rules, the simpler the better. I first encountered this argument last fall in the work of left-leaning blogger Matthew Yglesias--he advocated "crude measures" like the old ban on interstate banking. Lately, though, I've been hearing similar suggestions from those of a conservative, University of Chicago bent. "When you give a lot of discretion to regulators, they don't use the tools that are given...

Author: /time Magazine | Title: Dumbing Down Regulation: The Quest For Simpler Rules | 7/6/2009 | See Source »

...boldness and experimentation, F.D.R. never got too far out ahead of public opinion. He was pushed by some of his advisers to move further to the left on the economy and more aggressively toward getting into the war in Europe--but in both cases, he ultimately tacked closer to the center of American public opinion. He was a modern paradox: a revolutionary for stability, a political innovator who was intent on building a system that would be less risky for the American people. That's the same challenge Obama faces today...

Author: /time Magazine | Title: Learning from FDR | 7/6/2009 | See Source »

Thank you for shedding some light on Mormons who feel unsure about the issue of Proposition 8. As a student at Brigham Young University this year, I did not feel able to voice my own insecurity on the political issue, as several of my classmates bore obvious ill will toward those Mormons not 100% on board. Chelsea Gibbs, MAMARONECK...

Author: /time Magazine | Title: Inbox | 7/6/2009 | See Source »

...walks up to the device and tries to turn it off. The movie opens with the report of one such device on a Baghdad street. After some studiously cool guy talk, to reassure his men that this is just another day at the office, the staff sergeant strides toward the contaminated area in his heavy haz-mat suit, looking like an astronaut on Mars, complete with an R2D2-like robot on wheels. He disables the IED, and as he walks away, his comrades spot a man about to use a cell phone. The spaceman turns and runs. Too late: BOOM...

Author: /time Magazine | Title: The Hurt Locker: Iraq, With Thrills | 7/6/2009 | See Source »

...cited by Nimatullah. "What makes Operation Khanjar different from those that have occurred before is the massive size of the force introduced, the speed at which it will insert, and the fact that where we go we will stay and where we stay we will hold, build and work toward transition of all security responsibilities to Afghan forces," said Brigadier General Larry Nicholson, the Marine commander, in a statement...

Author: /time Magazine | Title: Why Obama's Afghan War Is Different | 7/5/2009 | See Source »

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