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...Lockhart, for his part, agrees that a breakup may be the answer. But no matter what is done, Lockhart believes that fixing Fannie and Freddie is essential to fixing the real estate market. In his speech, Lockhart said, "It is crucial that we get the restructuring done right for all present and future homeowners and renters...

Author: /time Magazine | Title: The Future of Fannie and Freddie: Chief Says Government Ownership Is Bad | 6/19/2009 | See Source »

What all these theories have in common is that same-sex sexual activity is either an accident or a quirky genetic method of helping males impregnate females. Which raises the evolutionary question of why men and women who are exclusive gay and lesbian exist. One answer is that exclusive gays and lesbians are a relatively new creation: the concept of exclusive homosexuality barely existed before modernity; even a century ago, most same-sex-attracted men and women got married and had kids. (Read "Do Monkeys...

Author: /time Magazine | Title: Why Some Animals (and People) Are Gay | 6/19/2009 | See Source »

...President-elect's spokesman, Robert Gibbs, gave a rare one-word answer. Asked if Barack Obama would "get rid" of the military's "Don't ask, don't tell" policy, which prohibits gays from serving openly, Gibbs replied firmly...

Author: /time Magazine | Title: On Agenda, Gays Ask, but Obama's Not Telling | 6/18/2009 | See Source »

...know, that it actually exists.) The reformers were unanimous in the belief that Barack Obama's conciliatory words were not enough, that the U.S. had to take palpable actions before talks would be possible. I asked each of them what steps Iran was prepared to make for peace. The answer was always the same. "It's natural that the first step should be taken by the Americans," said Karroubi, the most progressive of the four presidential candidates. "We didn't stage a coup against your elected government," he said, referring to the CIA's participation in the 1953 overthrow...

Author: /time Magazine | Title: Joe Klein: What I Saw at the Revolution | 6/18/2009 | See Source »

...limited but lively democracy and the backing of Shi'ite clergy. Discord among the mullahs is growing, with some senior clerics, like the esteemed house-arrested dissident Ayatullah Hossein-Ali Montazeri, publicly condemning Khamenei's handling of the election and warning ordinary soldiers and police officers that they would "answer to God" for any violence against the people. A crackdown would risk reducing a regime built on clerical authority and "managed" democracy to a tyranny on par with the Shah's. Khamenei will be reluctant to go that route. But his handling of the political crisis thus far will have...

Author: /time Magazine | Title: Iran: Four Ways the Crisis May Resolve | 6/18/2009 | See Source »

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