Entries in TIME Magazine (5)


President Obama Named "Time's" Person of the Year Again

JEWEL SAMAD/AFP/Getty Images(NEW YORK) -- From a shortlist that included a Pakistani teenager, the new leader of Egypt and a former president, Barack Obama has for the second time been named Time magazine's person of the year.

In an essay on the decision, Michael Scherer, the magazine's White House correspondent, points to "the Obama effect," and how it can be quantified.

"It could be measured -- in wars stopped and started; industries saved, restructured or reregulated; tax cuts extended; debt levels inflated; terrorists killed; the health-insurance system reimagined; and gay service members who could walk in uniform with their partners," Scherer wrote.

The selection of Obama by the magazine was announced Wednesday on NBC's Today show.

This is the second time the magazine has bestowed the honor on the president.  Four years ago, as president-elect after his victory over John McCain in 2008, he was also given the honor.

Other contenders on the magazine's short list this year included Malala Yousafzai, the teen Pakistani advocate for education for girls who was shot by the Taliban, Egyptian President Mohamed Morsi, and Bill and Hillary Clinton.

Last year, amid the Arab Spring, the Occupy Wall Street movement and other action around the world, "the protestor" was named Time's person of the year.  In 2010, it went to Facebook founder and CEO Mark Zuckerberg.

Copyright 2012 ABC News Radio


Marco Rubio Makes Time’s 100 Most Influential List

Joe Raedle/Getty Images(NEW YORK) -- Marco Rubio’s stock rose higher Wednesday as he secured a spot on Time’s 100 Most Influential People list, the only potential vice presidential pick selected by the magazine’s editors.

Nestled between singer Rihanna and cartoonist Ali Ferzat on the list, Rubio is considered a rising star within the Republican Party based on a mix of his Tea Party bona fides, Cuban ancestry, and leadership and quick ascension on the political ladder.

Rubio joins a handful of politicians on this year’s list, including President Obama, presumptive Republican nominee Mitt Romney, Secretary of State Hillary Clinton, New York Gov. Andrew Cuomo, and Ron Paul.

Rubio, who many speculate is in the top tier of potential vice presidential candidates, has waved off questions about being on the Republican ticket this fall, most recently saying in an interview with CNN en Español Friday, “I’m not going to be the vice president…I’m not.”

The most influential list, which was released Wednesday, includes people that the magazine says “inspire us, entertain us, challenge us and change our world.”

A spokesman for Rubio did not immediately respond to a request for comment on Rubio’s placement on the list.

Copyright 2012 ABC News Radio


Warren Buffett to Match Republicans’ Tax Donations

Scott Eells/Bloomberg via Getty Images(WASHINGTON) -- Billionaire Warren Buffett said he will match voluntary tax contributions from Republican members of Congress, and triple that of the Senate Republican leader, Time magazine reported.

In regards to paying less in taxes than those worse off, Sen. Mitch McConnell (R-Ky.) in September said if Buffett, “is feeling guilty about it, I think he should send in a check.”

The CEO of investment firm Berkshire Hathaway, who is worth $39 billion according to Forbes, has long advocated for the rich to contribute a larger share of the country’s tax revenue. He wrote an op-ed in the New York Times in August 2011 regarding tax policy such as advocating for higher taxes on capital gains.

That month, President Obama proposed a plan to reduce the deficit with spending cuts and tax increases on millionaires, dubbed the Buffett Rule.

Sen. John Thune (R-S.D.) then introduced the, “Buffett Rule Act,” an option on tax forms allowing the wealthy to donate more in taxes to reduce the deficit.

Buffett told Time for this week’s cover story that he will match Republicans’ voluntary contributions.

“And I’ll even go three for one for McConnell,” Buffett said.

McConnell is worth at least $10 million, Time reports, a drop in the bucket compared to Buffett, who some critics have accused of playing fast and loose with his own taxes over the years.

Copyright 2012 ABC News Radio


'So You Like Me Now?': Romney to Be on Cover of 'Time' Mag Again

JEWEL SAMAD/AFP/Getty Images(WASHINGTON) -- Romney gets the Time magazine cover treatment again this week, this time with his headshot appearing beside a headline that reads, “So you like me now?”

The headline seems to poke fun at a previous issue of the magazine that featured Romney on the cover with the headline, “Why Don’t They Like Me?” That December version is frequently handed to Romney to sign on the rope line at his events.

Romney is used to it now, often laughing when he sees the magazines handed to him and crossing out the “don’t” with a black marker.

[Click here to see the dueling covers]

Copyright 2012 ABC News Radio


Rick Perry: 'Calmness in my Heart' to Run

Justin Sullivan/Getty Images(WASHINGTON) -- Texas Governor Rick Perry, who has done little national press, spoke with Time's Mark Halperin for the first time about his final decision on running for president in 2012.

“I went from ‘No, got the best job in America’ to today being fully engaged in this process of making a decision.  The issue of ‘Is this what I want to do?’ was dealt with about 45 days ago in a conversation with my wife.  Prior to that, no, being the President of the United States was not on my radar screen from the stand point of something I want to do,” Perry said in the interview.

“I’m kind of getting into the all-in point and the idea that this is what I’m supposed to be doing.  This is starting to get to that comfort level.  I’ve got the calmness in my heart.  I think that was a bit of a hurdle initially. But you know, I’m very calm in my heart that this is what I’m supposed to be doing.”

Perry, who assumed the Texas governorship after George W. Bush became president, said he reached out to Bush for advice in early July.

“Actually I called him on his birthday on July the sixth to wish him a  happy birthday. He said -- you’ll do what’s right.  You don’t want to wake up when you’re 70 and go ‘I wish I would have tried that. I wish I had done that.”  

Perry said he is not intimidated by any part of running for president and believes he will be successful in fundraising enough money to challenge President Obama.

Copyright 2011 ABC News Radio

ABC News Radio