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...houses being built unexpectedly jumped from the month before. The Census Department recently reported that June also showed an increase - a small increase, but one nonetheless - in the amount of money going toward residential construction. Housing permits, which also speak to builder confidence, are creeping up too. As an Aug. 10 report from Oppenheimer Asset Management put it, "this part of the housing market appears to be finding its footing." (See pictures of a modernist house...

Author: /time Magazine | Title: Homebuilders Are Back At It — Should We Be Worried? | 8/11/2009 | See Source »

...media overkill works is airing during Shark Week. Summer is high season for media freak-outs. This year, we've had celebrity deaths, political sex scandals and a conspiracy theory that President Obama was born outside the U.S., revived by the likes of CNN's Lou Dobbs. Sharkbite Summer (Aug. 4) looks back eight years to when a few high-profile shark attacks sent the media into their own feeding frenzy. The summer of 2001, postrecount and pre-9/11, was notoriously slow on news. (Hence, it was also the season of the Chandra Levy media circus.) So when...

Author: /time Magazine | Title: Media Freak-outs: Every Week Is Shark Week | 8/10/2009 | See Source »

Taitz has argued her case on her website, The Colbert Report and cable news networks, culminating in a meltdown on MSNBC on Aug. 6. For her part, Taitz claims the mainstream media is suppressing the truth about Obama's birth and has likened them to the brownshirts of Nazi Germany. If her allegations were correct, Obama would be ineligible to serve as President. But her evidence is scant, and Taitz may have to just settle for being the peroxided grand poobah of a small - but vocal - fringe. (See the top 10 Obama gaffes...

Author: /time Magazine | Title: Orly Taitz | 8/10/2009 | See Source »

...serving lengthy prison terms for aiding and abetting this massive fraud and treason. Thease [sic] people better clean up their act or I will not live [sic] a stone unturned untill [sic] they all are in prison for what they are doing to their country." - Taitz's official blog (Aug...

Author: /time Magazine | Title: Orly Taitz | 8/10/2009 | See Source »

...Manipur immediately erupted into days of protests, until the state's ruling Congress-led government announced on Aug. 5 a judicial inquiry and suspended six cops implicated in the case. This followed an earlier incident in another troubled state, Kashmir, where police are suspected to have raped and killed a teenage girl and her pregnant sister-in-law, disposing of their bodies in a canal. It took a series of statewide protests and subsequent political intervention to get the police to step down from their initial claim that the women had just drowned. While the identity of the culprits...

Author: /time Magazine | Title: Can India Reform Its Wayward Police Force? | 8/10/2009 | See Source »

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