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Elsewhere, such programs do exist. For example, under the auspices of the Homeowners' Emergency Mortgage Assistance Program, Pennsylvania will loan its residents up to $60,000 over the course of two years in the wake of life events such as losing a job or falling severely ill. While a homeowner...

Author: /time Magazine | Title: Why the Loan-Modification Program Isn't Working | 12/4/2009 | See Source »

As China steps into its role as a global leader, it must be more careful about how it presents itself on the world stage. Technocrats in Beijing can hardly hope to veil their foreign policies as well as they do their domestic ones. Political and economic success story that it...

Author: By Karthik R. Kasaraneni | Title: Scrambling in Africa | 12/3/2009 | See Source »

At the end of the day, China has every right to strike bilateral deals with other nations, regardless of the terms. But if it persists in failing to consider the moral responsibilities that come along with visible leadership in a globalized world, China risks losing that very leadership itself.

Author: By Karthik R. Kasaraneni | Title: Scrambling in Africa | 12/3/2009 | See Source »

Another factor driving the calls for a second stimulus is that nearly 90% of the original stimulus money targeted for infrastructure projects will have been spent by May, and the Highway Trust Fund could be running a shortfall in June, says House Transportation Committee chairman James Oberstar. "[It] means, unless...

Author: /time Magazine | Title: Congress Looks Toward a Jobs Stimulus | 12/3/2009 | See Source »

His appeal was packaged in emotion. He spoke of visiting wounded warriors at Walter Reed Medical Center, and of signing condolence letters for Americans who have died - 299 so far this year - in Afghanistan. He evoked the wisdom of Presidents Franklin Roosevelt and Dwight Eisenhower, and announced that Americans were...

Author: /time Magazine | Title: Will the Plan Match the Stagecraft? | 12/2/2009 | See Source »

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