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Nor, among home buyers in China, is there a significant amount of debt financing. According to Patrick Chovanec, a professor at Beijing's Tsinghua University who studies the Chinese real estate sector, only about 50% of residential purchases are made using mortgages. The other half are paid for in full...

Author: /time Magazine | Title: China's Property: Bubble, Bubble, Toil and Trouble | 3/22/2010 | See Source »

Washington, Broken Peter Beinart, in "Why Washington's Tied Up in Knots," presents the usual call from the media for evenhanded solutions [March 1]. His ideas for getting both parties to cooperate are tepid. For government to work, it takes good faith and honorable conduct from everyone in society. Beinart...

Author: /time Magazine | Title: Inbox | 3/22/2010 | See Source »

Can You Say 'Government Shutdown'? I was surprised that you included an article by Newt Gingrich in your cover package [March 1]. Isn't the idea of Gingrich giving advice on bipartisan cooperation akin to asking the fox for advice on how to guard the henhouse? He is the king...

Author: /time Magazine | Title: Inbox | 3/22/2010 | See Source »

I am a patriotic American disappointed with our government. I ran to support the Tea Party until Sarah Palin stepped forward. I am frustrated with Congress and baffled about how money is spent without any regard for accountability. I hope the Tea Party listens to the people and succeeds in...

Author: /time Magazine | Title: Inbox | 3/22/2010 | See Source »

Many of the Tea Party movement's gripes are common complaints about government. But let's not sugarcoat what the people are at the core of this phenomenon: ultra-nationalist, right-wing Christian, militant, antigovernment, disproportionately Southern, overwhelmingly white, prone to conspiracy theories and slanderous toward a liberal African American...

Author: /time Magazine | Title: Inbox | 3/22/2010 | See Source »

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