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...subsidizing housing enough. Congress, the Bush and Obama administrations and the Fed have been piling on new aid. For now, they may be correct to do so. With the banking system still shaky, further big declines in house prices could bring disaster. Slowing a price collapse is a reasonable aim of government policy. But as we dig out of this mess, we ought to ask whether the vast infrastructure of government support for homeownership that has been built up since the 1930s is really such a wise policy...
...inventory in half over the past couple of years. That's helped nudge Crocs' stock close to $7, but for it "to move higher, [the company] ultimately needs to become profitable," says Mitch Kummetz, a senior research analyst at Wisconsin wealth-management firm Robert W. Baird. New cuts aim to bring a return to positive earnings in 2010. (See a TIME video on high-heeled shoes...
...phony choice. The hawks know there's no chance of our simply pulling out of Afghanistan. That option isn't even on the White House table, despite growing public desire to end the war. The true aim of the hawks, or all-outers, in this maneuver is to discredit the real policy alternative - the middle ground. Their ploy is to portray the middle way as simply a cover for getting out. (See pictures of Gitmo detainees...
British members of Parliament and their prospective challengers are thronging onto social-networking sites with all the enthusiasm and grace of dads getting down on the dance floor. Their aim: to capture the elusive - and largely uninterested - youth vote when the country goes to the polls sometime before June 2010. With 79 of Britain's 645 MPs currently using Twitter alongside almost 200 prospective parliamentary candidates and a raft of Westminster journalists and bloggers, digital politics has become as crowded and combustible as the analogue version. The latest conflagration - a battle between Conservative blogger Donal Blaney and a Twitter imposter...
...blaneysblarney to the injunction. The real Blaney is already planning his next moves - to try to persuade a British judge to serve a penal notice via Twitter, a more serious move that could result in the jailing of the impostor. He may also file a suit against Twitter. "My aim is to get this taken down, ideally to identify the individual behind it and to set the precedent," says Blaney. (Read: "Brought to You by Twitter...