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Given the recent Sturm und Drang over the experience question, one might imagine that American Presidents have mostly followed the Johnson/Nixon model, clawing their way from House to Senate to the vice presidency before landing in the Oval Office. In truth, American presidential politics has often been a rookie's game. Some presidential newcomers have hit the ball out of the park, delivering moments of true political greatness. (Think Abraham Lincoln.) Others have offered up inning after inning of rookie mistakes...

Author: /time Magazine | Title: Do Rookies Make Good Presidents? | 11/5/2008 | See Source »

...drive the new ethos into the corporate culture. What was important was that the firm also made a deliberate decision that risk was not something that could be reduced to a number. "We have a much more holistic discussion about a business and why we have it," says vice president and treasurer Helen Shan. "It becomes strategic, instead of simply, Do we get insurance to cover a potential loss?" In a speech at an industry conference in October, Federal Reserve governor Randall Kroszner urged financial firms to take a similar tack. Weighing risks, as well as potential returns, he said...

Author: /time Magazine | Title: Reassessing Risk | 11/5/2008 | See Source »

...torn scraps of conventional wisdom being swept up and thrown away after the election, here's one that may be the most discredited of all: Americans don't vote based on the vice-presidential nominee. From the moment Sarah Palin finished her incandescent speech at the Republican National Convention to the late-October New York Times/CBS News poll in which a third of respondents said the choice of Vice President would have a "great deal of influence" on their vote, it was clear that Palin was a transformative figure. In short, she single-handedly changed the race - only...

Author: /time Magazine | Title: How Far Will Sarah Palin Go? | 11/5/2008 | See Source »

...fact, she cost the GOP ticket more than she helped it. In that poll, 59% said they didn't think she was qualified to be Vice President - a view shared by many mandarins of the GOP. But the enthusiasm she briefly generated made gaming Palin's next move a popular sport. Will she join the big-money speaker's circuit? Become, as Tina Fey joked, the "white Oprah"? Run for Senate? Run for President in 2012 as the new face of a reinvented Republican Party...

Author: /time Magazine | Title: How Far Will Sarah Palin Go? | 11/5/2008 | See Source »

...running battle between the nation's farmers and Fernández over a hefty tax hike on soy exports. A four-month farm strike ended in a humiliating defeat for Fernández when her initiative was killed by a deciding vote cast in Congress by her own Vice President, Julio Cobos, whose approval rating shot up to 67% in opinion surveys as a result...

Author: /time Magazine | Title: More Woes for Argentina's 'New Evita' | 11/4/2008 | See Source »

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