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...first blush, the notion seems like a win-win-win. Former homeowners get to stay in their houses; even if a mortgage payment isn't affordable, market rent may be. Neighborhoods ostensibly benefit too, since it's safer - and better for property prices - when blocks aren't full of foreclosure-related vacancies. And lenders? Turning properties into rentals until the market rebounds may sound like an appealing alternative to selling assets at cut-rate prices. "This is another tool to use, and it doesn't cost the government anything," says Representative Gary Miller of California, who has sponsored a bill...

Author: /time Magazine | Title: Renting Your House Back: A Solution to Foreclosures? | 11/12/2009 | See Source »

...million U.S. troops back home from Iraq and Afghanistan want is to be asked to serve again, this time on the home front. That, at least, is the conclusion of a new study that highlights many vets' hunger to serve in their communities and their frustration that their talents aren't being tapped. "We now know that veterans who serve" their communities after shedding their uniforms "have better transitions," says John Bridgeland, chief of Civic Enterprises, the public-policy group that conducted the landmark survey, which was funded by Target and the Case Foundation. (Watch a slide show...

Author: /time Magazine | Title: Volunteer Vets: Returning Troops Still Want to Serve | 11/10/2009 | See Source »

...Swiss-ness" is sometimes not as easy at it seems. Just ask McDonald's. Its campaign to assure customers that its ingredients are 100% "aus der Schweiz" took a knock last July when it emerged that the cow used in a poster was in fact Austrian. But then cows aren't the only Swiss animals having an identity crisis. (Read: "Supersizing Europe: The McDonald's Stimulus Plan...

Author: /time Magazine | Title: Identity Crisis for the Swiss | 11/9/2009 | See Source »

...Still, they aren't blind to polls that show that voters see all of Washington's work running together: auto and bank bailouts, massive budgets, record deficits, stimulus, climate change and now a $1.1 trillion health care bill. Worse yet, the odds of a jobless economic recovery are looking increasingly likely. But Dems don't feel they have much of a choice, having concluded that doing something is better than supporting the status quo. "It is the third anniversary of Democrats winning the House and Senate for the American people - Nov. 7, 2006," Pelosi told reporters on Saturday morning...

Author: /time Magazine | Title: After the House, Can Health Reform Survive the Senate? | 11/9/2009 | See Source »

...important issues. "Five or 10 years from now, maybe, this bill will seem as a success, who knows?" says Charlie Cook, editor of the nonpartisan Cook Political Report, which tracks congressional races. "But I don't think it will give Democrats a lift next year." Perhaps. But most Democrats aren't eager to see what kind of lift the Republicans will get if the Democrat majority can't pass the legislation they've spent the past 12 months talking about...

Author: /time Magazine | Title: After the House, Can Health Reform Survive the Senate? | 11/9/2009 | See Source »

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