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...that fit in with the good news we keep getting about home sales and prices? It seems if the housing market recovers, that should help the foreclosure situation. It should help. Ironically enough, I think foreclosure sales are contributing to home prices stabilizing. In one way, we have certain markets that may have overcorrected. If you go to a Stockton, Calif., or a Las Vegas or somewhere like that, when there is a bank property on the market, the realtors are getting dozens of offers above asking price. We're seeing bidding wars at the lower end of the market...

Author: /time Magazine | Title: Q&A: The Outlook for Home Foreclosures | 11/3/2009 | See Source »

...Arunachal Pradesh and China, they can take the shape of things as mundane as the empty beer bottles and cigarette butts left behind by soldiers on patrol. Up in the mountains, the Indian and Chinese armies monitor a boundary whose line the two countries don't agree on. In certain parts of that murky borderland, the soldiers on night patrols often leave behind evidence of their presence. When relations between the two countries are good, it's litter; when the situation is tense, the detritus is marked in the official record as evidence of "aggressive border-patrolling." Without any direct...

Author: /time Magazine | Title: China Vs. India: Will Rivalry Lead to War? | 11/2/2009 | See Source »

...Saturday and ordered the surprisingly delicious small breakfast of eggs, potatoes and bacon or sausage. Of course, an Ikea breakfast normally costs 99. And after eating our $1.98 in savings, we bought $102.98 worth of Ikea products. I do not remember what a Trojka is, but I am relatively certain we did not need it. I was starting to think Tuttle's cheapskate philosophy is to trick other people into having breakfast at Ikea so he can borrow their Trojkas for free...

Author: /time Magazine | Title: Joel Stein: The Week of Living Cheaply | 11/2/2009 | See Source »

...that crimes ought to be weighted by the nebulous standard of “hate”—a concept that should not have a place in our legal system. Without hatecrime legislation, all individuals would be treated equally under the law; the current system unfairly privileges certain groups with special protection...

Author: By Dhruv K. Singhal | Title: More Equal Than Others | 11/2/2009 | See Source »

...timing was good. Detroit has endured a period of political upheaval, the most notable case being the departure in disgrace of its previous scandal-plagued mayor, Kwame Kilpatrick. The city also likes to root for its own, so much of Pugh's narrative resonates with a certain segment of this city's electorate. The political newcomer won the primary election last August by more than 10,000 votes, beating the incumbent city council president. "Detroiters are so thirsty for leadership," says Mildred Gaddis, a popular Detroit radio host and one of the most astute observers of the region's politics...

Author: /time Magazine | Title: Can Detroit's First Openly Gay Pol Save the City? | 11/2/2009 | See Source »

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