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...mortgage holders owe more to the bank than their house is worth. "If all they're doing is lengthening the loan maturity, it may reduce the economic stress a little bit, but it doesn't deal with the main problem, which is you have an underwater loan," says Richard Green, director of the Lusk Center for Real Estate at the University of Southern California...

Author: /time Magazine | Title: Fannie and Freddie Offer New Plan to Help Homeowners | 11/12/2008 | See Source »

...Lincoln was a veritable wellspring of quips and anecdotes; Taft at least looked jolly; Reagan was a laugh-a-minute, from Star Wars missile defense systems to his side-splitting trickle-down economics. Democrats, by contrast, have been a soberer lot. Wilson? Roosevelt? Gore? As the “Green is the New Crimson” address reinforced, a Gore administration wouldn’t have been funny at all. It would just have been deeply concerned about serious issues all the time...

Author: By Alexandra A. Petri | Title: No, We Can’t (Laugh)! | 11/11/2008 | See Source »

DeDominicis notes that there are contracting mechanisms that allow medical institutions to set up renewable energy projects on-site, without capital investment. There are also energy-purchasing programs like Practice Green Health's "virtual marketplace" model, which involves real-time reverse energy auctions on the Web: instead of buyers competing to purchase energy, sellers auction packages that include renewables. That drives down the price and narrows cost margins, and the savings allow for a higher percentage of alternative fuels in the package. For example, Ingalls Health System, a 563-bed hospital with satellite facilities in south suburban Chicago, bought...

Author: /time Magazine | Title: Putting Health Care on an Energy Diet | 11/10/2008 | See Source »

Forward-thinking medical institutions are taking a hard look at their energy portfolio. "I've seen a huge uptick in hospitals exploring and investigating" ways to reduce fossil-fuel dependence, says Nick DeDominicis of Practice Green Health, particularly since 2007 when World Health Organization and U.N. reports suggested that climate change due to fossil-fuel use and CO2 emissions could threaten public health. Hospitals, such as the California-based Kaiser Permanente and San Francisco's Catholic Healthcare West, have gone greener by swapping out old equipment for more energy-efficient systems of heating, cooling, lighting and dehumidifying. DeDominicis says...

Author: /time Magazine | Title: Putting Health Care on an Energy Diet | 11/10/2008 | See Source »

...give us our check. Now, the two shabu dinners included dessert, and it seems we would have missed out on it entirely had we not reminded her. All four of us burst out laughing when she came back with two slices of steamed white bread and a dish of green custard that precisely matched the color of the plate. Bizarre though it was, the dish was the best part of the meal. Who knew that Wonderbread would be such a great foil to the milky-rich coconut custard? With four people ordering appetizers and entrees and drinking water (Shabu Square...

Author: By Jillian J. Goodman, CRIMSON STAFF WRITER | Title: HOTSPOT: Shabu Square | 11/10/2008 | See Source »

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