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...jobs of politicians in a democracy--and our job too--is to help voters understand complex issues. After all, that's how you earn what the Declaration of Independence calls "the consent of the governed." As the financial crisis has deepened, Washington has done a downright lousy job of explaining things--of connecting the dots between Wall Street and Main Street. The simple fact is that almost every American--whether it's through his pension or her business or his 401(k)--is deeply affected by failures in the banking system. Time has been telling this story for the past...

Author: /time Magazine | Title: Shedding Light | 10/2/2008 | See Source »

...price of greed" is great reporting [Sept. 29]. Andy Serwer and Allan Sloan compressed a staggering amount of information into five pages and still made this trajectory of avarice remarkably clear. Now that I think I understand it, I wish I didn't feel so angry. Edward Claymore, LAGUNA WOODS, CALIF...

Author: /time Magazine | Title: Inbox | 10/2/2008 | See Source »

...they call and scream at me and say, You rat bastard, I'm never voting for you again!" Representative Elton Gallegly, a 64-year-old California Republican who voted no, said his hostile-call ratio went virtually overnight from 40 to 1 to a mixed bag--and he can understand why, because he lost $50,000 in savings on Monday. "And I'm getting to the point in my life where I can't start over," he says...

Author: /time Magazine | Title: How They Failed Us | 10/2/2008 | See Source »

...thought you were going to ask, "Who the hell do you think you are?" I was thrilled, and I wasn't surprised at the reaction. I understand that it's a precious thing. You don't want it in the hands of someone who a) doesn't appreciate it or b) might seek to undermine it. Star Trek is a beloved story and is being treated as such. It's being done very seriously. There's no attempt to wink at the camera...

Author: /time Magazine | Title: 10 Questions for Simon Pegg | 10/2/2008 | See Source »

...spend a little less than you have because tomorrow might be worse. But that feels almost un-American; we're optimists by nature, and we've been living large for so long that solvency feels like a sacrifice. It will take some sustained character education--and leadership--to understand that morning in America is more likely to come again if we prepare for midnight...

Author: /time Magazine | Title: Real Patriots Don't Spend | 10/2/2008 | See Source »

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