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...extension) in five years, as families and Bay Area investors flocked in, lured by low prices and no-money-down mortgages. Seven years ago, developers carved a new district, Franklin Reserve, out of hunting grounds and dairy farms, building 7,000 homes in three years to satisfy an insatiable demand for California living. But the slowing market threatened to dismantle the neighborhood before it got off the ground...

Author: /time Magazine | Title: Postcard: Elk Grove | 5/1/2008 | See Source »

...required that milk sold and distributed between states for human consumption be pasteurized, meaning it must first be heated to kill off most of the bacteria that might be lurking in the barn or flourishing in the cow. But a growing contingent of natural-food fans is demanding the right to bring milk from teat to table, convinced that pasteurization strips away the very stuff that makes milk so nutritious to begin with. Farmers are more than willing to meet the demand, since raw-milk products--milk, cheese, yogurt and cream--can be sold at a thick premium. But both...

Author: /time Magazine | Title: Raw Milk Straight from the Cow | 5/1/2008 | See Source »

...course, the Internal Revenue Service does have a role to play in the U.S. economy. The pharmaceutical industry, for instance, surely welcomes the annual jump in demand for anti-migraine pills and other tranquilizers that anticipate Tax Day’s arrival. Perhaps the streets are safer with people locked up in their rooms reading bureaucratic gibberish, filing forms, or waiting in enormous lines at a post office...

Author: By Jan Zilinsky | Title: Simple is Beautiful | 4/30/2008 | See Source »

...country's emergency food banks and pantries - such as the Food Bank for New York City or America's Second Harvest - could get up to $250 million in annual funding, up from $140 million a year. Advocates for low-income Americans say the bump is a response to demand: more and more people are depending on nonprofit distribution centers for food in today's sluggish economy...

Author: /time Magazine | Title: Will Farm Bill Lower Grocery Tabs? | 4/30/2008 | See Source »

Cuts in Ethanol Subsidies: Using fields to grow corn for ethanol production diverts the livestock-feed supply and occupies valuable land that could be used to grow food for humans. Along with low crop yields around the world and increased demand from China, it contributes to rising food prices. Under the new Farm Bill, corn-based ethanol producers may see their tax credit fall as much as 6 cents per gallon, down to 45 cents. The bill would instead offer a $1-per-gallon subsidy to producers of cellulosic ethanol, made from corn stalks, switchgrass and wood chips, which studies...

Author: /time Magazine | Title: Will Farm Bill Lower Grocery Tabs? | 4/30/2008 | See Source »

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