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...bailout funding approved recently by Congress and would draw on new loan-guarantee authority passed under the bill. The Federal Government would guarantee loans readjusted for homeowners who can show annual income worth 38% of the debt on their house. Under the plan, lenders would be encouraged to lengthen loan terms and make other adjustments in order to lower monthly payments to help borrowers keep their homes...

Author: /time Magazine | Title: The Next Bailout: Helping Homeowners in Distress | 10/30/2008 | See Source »

...among early voters. What's more, the number of early voters could approach 30% of all of Florida's 11.2 million registered voters by the actual Nov. 4 Election Day. That massive turnout prompted Florida's GOP governor, Charlie Crist, to flash his bipartisan bona fides this week and lengthen early voting on weekdays by four hours (while letting each county decide whether to lengthen the normal hours this weekend...

Author: /time Magazine | Title: How Early Voting Could Cost McCain Florida | 10/30/2008 | See Source »

...gave them language that we think can resolve this issue. Basically, it requires these mortgage holders, primarly the banks, to do the work we've asked them to do. And we think, with that, we might be able to put this behind us. Now, will it lengthen the foreclosure process for the banks? Yeah, it could. But my goal here is not to ensure all the banks are taken care of around-the-clock no matter who's expense. The goal here is to ensure that justice is being done. We need to get this right, and until...

Author: /time Magazine | Title: The Sheriff Who Wouldn't Evict | 10/13/2008 | See Source »

...Islamicize Turkish society over time. Since the AKP came to power, its critics contend, senior civil servants have begun demanding that those seeking high-level positions have Muslim credentials. Many Turks report an increase in mahalle (neighborhood) pressure to adhere to conservative norms. Newspaper ads are being Photoshopped to lengthen sleeves and skirts. Rowers on a university team were recently beaten up by unidentified assailants for wearing shorts. Meanwhile, Erdogan has called on women to have at least three children, and his cabinet includes just one woman. Under the AKP, the share of women in the workforce has dropped, from...

Author: /time Magazine | Title: Turkey: God and Country | 7/16/2008 | See Source »

Drivers on cell phones, even on hands-free devices, travel more slowly than other drivers, are less likely to pass sluggish vehicles and ultimately take longer to complete their commute - researchers estimate that such distracted drivers lengthen the average car commute by about 5% to 10%. That amounts to only a few extra minutes a day, but those minutes add up. Say your hour-long commute were cut by 10% a day - or 6 mins. - in each direction; the savings would translate to an entire weekend of free time a year. An additional 30 to 50 hours of yearly commuting...

Author: /time Magazine | Title: Cell Phones Prolong Your Commute | 1/7/2008 | See Source »

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