All We Have is Now.

“Humans are good at a lot of things, but putting time in perspective is not one of them…If the Earth formed at midnight and the present moment is the next midnight, 24 hours later, modern humans have been around since 11:59:59pm—1 second. And if human history itself spans 24 hours from one midnight to the next, 14 minutes represents the time since Christ.”

Time? What time do you think we have? As has been going around the Interweb, a series of intriguing timelines ranging from last year to the age of the universe. Among the interesting facts pointed out: “The T-Rex is closer in time to seeing a Justin Bieber concert than seeing a live stegosaurus.” Also: “When we refer to the most ancient of ancient history, we are still just talking about…less than 3% of the time that humans who look like us have existed.”

Luce Canon (and FORTUNE’s fool).

“From the mid-1930s through the late ’50s, Time Inc. was probably the largest news organization in the world, with bureaus on every continent…The company’s success was partly a result of shrewd management. But it was also a result of Luce, who had looked into the future and seen an increasingly integrated nation bound together by railroads, highways, radio, movies and the rise of a national corporate culture. As a result, Americans would need a vast amount of information and an efficient way of accessing it. Luce embraced that future and created vehicles that served the needs of his rapidly changing times.”

On the release of his long-awaited The Publisher, an extensive biography of TIME/LIFE founder Henry Luce, Columbia historian (and my dissertation advisor) Alan Brinkley discusses how Luce may have coped with the Digital Age. “Luce — for all his flaws — was an innovator, a visionary and a man of vast and daunting self-confidence. Were he to live in our time, trying once again to revolutionize the spread of knowledge, he might find his talents much in demand.

And, in very related news, Boing Boing posts Chris Ware’s recently rejected throwback cover for Fortune‘s annual 500 issue. “It hearkens back to the golden age of Fortune as an exemplar of beautifully designed and illustrated magazines…’and he filled the image with tons of satirical imagery, like the U.S. Treasury being raided by Wall Street, China dumping money into the ocean, homes being flooded, homes being foreclosed, and CEOs dancing a jig while society devolves into chaos. The cover, needless to say, was rejected.’

Elephant’s End.

“Every revolution begins with the power of an idea and ends when clinging to power is the only idea left. The epitaph for the movement that started when Newt Gingrich and his forces rose from the back bench of the House chamber in 1994 may well have been written last week in the same medium that incubated it: talk radio.” As Foleygate continues to conflagrate and the FBI looks for answers, a TIME cover story wonders if the Republican Revolution of 1994 is dead. Yep.

Jack in the Box.

Little ditty about Jack and Dubya: “Bush ‘has one of the best memories of any politicians I have ever met,’ Abramoff wrote to Kim Eisler of Washingtonian magazine. ‘The guys saw me in almost a dozen settings, and joked with me about a bunch of things, including details of my kids.’” Confiding to a reporter friend (and contrary to the White House’s protestations,) Casino Jack complains that Dubya has forsaken him. In related news, as David Safavian, one of Abramoff’s White House men, is formally charged with obstruction of justice, TIME Magazine publishes the first pic of Dubya and Abramoff together, although it’s not what you’d call a slam dunk. Casino Jack (and Karl Rove) merely lurk in the corners while Bush presses the flesh of Abramoff’s clients. Ok, they’re in the same room together — that’s a start. But there’s undoubtedly better pics of the two out there…it’s only a matter of time.

The other Novak speaks.

One final note: Luskin is unhappy that I decided to write about our conversation, but I feel that he violated any understanding to keep our talk confidential by unilaterally going to Fitzgerald and telling him what was said.TIME reporter Viveca Novak explains her testimony before the Fitzgerald grand jury. Novak, who may well have tipped Luskin to a hole in Rove’s story, is now on a leave of absence with TIME “by mutual agreement.”

The Rovian Exodus.

“He’s weary. His wife and only child, who is approaching college, miss him. He has monstrous legal bills. His unique bond with the President is under stress. His most important work is done. Karl Rove’s colleagues don’t know exactly when it will happen, but they are already laying out the reasons they will give for the departure of the man President George W. Bush dubbed the architect.” TIME Magazine suggests anew that Karl Rove is on his way out, and he won’t be leaving alone. According to the article by Mike Allen, “[s]everal well-wired Administration officials predict that within a year, the President will have a new chief of staff and press secretary, probably a new Treasury Secretary and maybe a new Defense Secretary.”