THE SUPPLY-SIDE PRESIDENT?
Publishing magnate Malcolm ("Steve") Forbes Jr., an unreconstructed proponent of Reaganomics, plans to join the crowded race for the GOP presidential nomination on Friday. "I'm going to do it," he told The Associated Press in a telephone interview from his office in Bedminster, N.J. "The need is there." The millionaire's political experience, Richard Brookhiser notes, "so far consists of advising Christine Todd Whitman in her successful run for the New Jersey governorship in 1993. So he takes comfort in the example of Wendell Willkie, the utilities executive and political neophyte who grabbed the GOP nomination in 1940." Forbes reportedly plans to spend $10 million (or 5 percent) of his personal fortune on the campaign. MOVE OVER, T. REX:
Most Popular »
- E.T. Turns 30: 10 Things You Didn't Know About Our Favorite Extra-Terrestrial
- Nevada Ghosts: Rare Photos From an A-Bomb Test
- Temple of Doom: Scientists Discover Peruvian Tomb Filled with Mummies, Infants
- 15-Year-Old Creates Test for Pancreatic Cancer
- Before and After D-Day: Rare Color Photos
- A Diamond Jubilee
- Marilyn Monroe: Early Unpublished Photos
- 10 Dangerous Products You Might Have in Your Home
- Obama Stumbles? Why the President's Right to Talk About Bain
- Etan Patz: After 33 Years, an Arrest in the Disappearance of the 'Milk-Carton Boy'
- Researchers Probe the Potential Health Benefits of Palm Oil
- A Visit with Turkey's Controversial Religious Movement
- Feeding the Planet Without Destroying It
- Bubble on the Potomac
- Falcon's Liftoff: How a Private Firm Could Change Space Exploration
- The Fatal Flight of the Superjet 100: Why Did It Slam Into a Mountain?
- Learning That Works
- The Man Who Remade Motherhood
- Bibi's Choice
- Seoul: 10 Things to Do
More News from Our Partners
Top Stories on TIME.com
Quotes of the Day »
