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...vacant homes deteriorate and become eyesores throughout the country, cities are anxiously awaiting the arrival of federal funds - including a $4 billion housing stimulus jolt just signed by the President - to assist with the foreclosure crisis. The hope is that the federal injection of funds will help homeowners struggling to make mortgage payments. In South Florida, one of the worst hit areas of the country, the help can't come soon enough. And one local government is already off to a fast start in dealing with the wide variety of foreclosure hardships that make up the crisis...

Author: /time Magazine | Title: Local Help for Besieged Homeowners | 8/15/2008 | See Source »

Four months ago, the city of West Palm Beach opened its foreclosure assistance center, a one-stop shop where staffers assist besieged homeowners by calling lenders, renegotiating loans and arranging for short-sales - that is, the bank-approved sale of a house at a price below its outstanding mortgage. The center will even help cover late mortgage payments up to $10,000. Since April, the center has received more than 5,000 phone calls or visits for help; so far, 171 homes have been saved from foreclosure, and others have received various forms of help. The county is desperate...

Author: /time Magazine | Title: Local Help for Besieged Homeowners | 8/15/2008 | See Source »

...PEACE - an acronym for promote reconciliation; equip servant leaders; assist the poor; care for the sick; educate the next generation - "exemplifies Rick's capacity to capture big ideas and make them simple and memorable and motivational," says Crouch. Indeed, the idea is so big, only Warren could have hatched it. Warren dismisses those who claim he is trying to "build heaven on earth." He says, "I'm not that stupid." But there is nothing in his sales pitch - to thousands of pastors, dozens of heads of state, financiers at the Davos World Economic Forum and editorial boards - that suggests where...

Author: /time Magazine | Title: The Global Ambition of Rick Warren | 8/7/2008 | See Source »

Ideally, Afghanistan's South-Asian neighbors such as India and Pakistan will see their way to overcoming mutual antagonisms and establishing a collective, supplementary reconstruction fund - à la the Marshall Plan - to assist Kabul, but with private direct business investment. (India is booming, after all.) This proposed regional support, which could not as easily be stigmatized as "neocolonial" and therefore would have greater long-term legitimacy, could alleviate the burden on the U.S. and NATO and end up helping heal an otherwise failed and moribund state in a very critical part of our troubled world. Maurice Kane, SAN DIMAS, CALIF...

Author: /time Magazine | Title: How to Aid Afghanistan | 8/6/2008 | See Source »

...enough to allow for the optimal "placing of aluminum" - industry slang for maneuvering airplanes. There are double taxiing lanes feeding into the terminal's gates, enabling arriving planes to approach jetways without waiting for departing planes to clear the path. Architects installed cleaning-supply closets at the gates to assist flight crews in maintaining a fast 30-minute plane turnaround time, and JetBlue hopes that each gate will turn over 10 flights daily, compared with an average three flights per gate per day for other airlines - that rate, Jet Blue says, should help keep ticket prices relatively...

Author: /time Magazine | Title: Where JetBlue Put Its Millions | 8/5/2008 | See Source »

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