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...Virginia Keep Your Thumbs on the Wheel Text-messaging continues to grow in popularity, but a new study offers a sobering reminder that it should never spread to the driver's seat. Truckers texting behind the wheel were 23 times as likely to get into an accident or near miss as those focused on the road, according to the Virginia Tech Transportation Institute, which collected data from 6 million miles of driving. The group warned of a "crash epidemic" if the problem is not curbed. Dialing a phone was also hazardous, though talking did not raise accident rates...

Author: /time Magazine | Title: The World | 8/10/2009 | See Source »

...what would help him do his job, the thing he most wants from a lender when he sends in an application for a loan modification - asking for something like a reduced interest rate that could help keep a family in its home - is simple. "I just want to know someone is looking at it," he says. Often, that hasn't been the case. Banks simply don't call back...

Author: /time Magazine | Title: How the Housing Market Is Fighting Its Way Back | 8/10/2009 | See Source »

...large extent they have been able to determine their own pay packages. Say-on-pay votes and other measures that empower shareholders and outside directors are meant to shift that balance of power. At banks, meanwhile, pay is simply one more risk factor that regulators should keep an eye on. "Once you accept that government is already regulating the business decisions of banks, I don't know why this particular business decision to compensate should be exempted from intervention," Bebchuk says. (Watch TIME's video of Peter Schiff trash-talking the markets...

Author: /time Magazine | Title: Should Executive Pay Be Regulated? | 8/10/2009 | See Source »

...academic year for schoolchildren [July 27]. The free time afforded by summer vacation does much for the mind, provided children have ample time to play, especially outside. If the issue is that low-income kids lose reading skills, communities would be better off implementing fun reading programs to keep kids growing. Childhood is a time of creativity and play. I'm not against education. I am completing my Ph.D. But I can't stand to think about my kids being behind their desks longer than they already are. Bethany Snyder, RESTON...

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

...years, public libraries have offered free, structured, fun summer reading programs proven to keep skills sharp. Before we add to the school year, we should look to support the real pillars of lifelong education--our public libraries. Pamela Fitzgerald, CHARLOTTESVILLE...

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

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