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...part of the program has tight restrictions: homeowners must be current on their mortgage payments, live in the home, have a FICO score of at least 500 and qualify for a standard FHA-backed loan once the principal is reduced. Those who get a modified loan must make full monthly payments for three years for the principal to be reduced permanently. The high standards for these loan modifications suggest that the Administration hopes to head off another wave of loan defaults and foreclosures by providing help earlier in the process...

Author: /time Magazine | Title: Obama's New Foreclosure Plan Gets Mixed Reviews | 3/26/2010 | See Source »

Perhaps the worst misfortune to befall the world's gorillas is that they live in some of the most resource-rich and lawless parts of the planet. Their forest homes in Africa are rich in timber, gold, diamonds and coltan, the mineral used in electronics like cell phones, and the scramble to get at those minerals has been joined by ragtag militias, national armies, multinationals and governments alike...

Author: /time Magazine | Title: Is Chinese Economic Demand Killing Africa's Gorillas? | 3/26/2010 | See Source »

...irresponsible. He represents something fascinating about today's culture but also something deplorable." John Harris, editor of Politico.com, says, "I regard Andrew as a skilled media and ideological entrepreneur, but as he becomes a combatant, he is going to get scrutinized like one." (See 25 websites you can't live without...

Author: /time Magazine | Title: Citizen Breitbart: The Web's New Right-Wing Impresario | 3/25/2010 | See Source »

...Party Tycoon It is a brilliant weekday afternoon, and Breitbart is at the wheel of his Range Rover, driving to the Los Angeles bureau of Fox News to make a live appearance on Fox's politics and business show America's Nightly Scoreboard. He'll then tape a segment for the late-night talkfest Red Eye, whose host, Greg Gutfeld, is a contributor to Big Journalism. On Scoreboard, Breitbart takes another jab at Blumenthal. On Red Eye, he shoots for bigger game. "I want it to be in the history books," he proclaims, "that I took down the institutional left...

Author: /time Magazine | Title: Citizen Breitbart: The Web's New Right-Wing Impresario | 3/25/2010 | See Source »

...Murphy case to Rome in 1996 to try to bring healing to the victims. But Ratzinger's then deputy in the doctrinal office, Tarcisio Bertone, who is now Benedict's No. 2 man in the Vatican, agreed with a letter the ailing Murphy wrote asking to be allowed to live out his life "in the dignity of my priesthood," noting his ill health and the years that had passed since the accusations. After about two years of back-and-forth arguments, according to the Times, Bertone told the Milwaukee Archdiocese to take "pastoral" rather than disciplinary action regarding Murphy...

Author: /time Magazine | Title: After U.S. Abuse Revelation, the Vatican Fires Back | 3/25/2010 | See Source »

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