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...people left, the animals moved in. Deer, skunks and rabbits creep through the streets of Bensenville, Ill., a blue collar community nestled against the edge of Chicago's O'Hare International Airport. Rows of houses, a few still ribboned with Christmas lights, lie empty, their doors boarded up. Low-flying jets pierce the silence. Police still patrol for vandals, and contractors tend to unkempt lawns, but in the fading afternoon light, parts of this eerie village resemble a ghost town...

Author: /time Magazine | Title: Postcard: A Suburb Hopes for One More Delay at O'Hare | 9/11/2008 | See Source »

...laissez-faire U.S. isn't likely to go that far, but the FTC is in the process of updating its Green Guide for consumers, which hasn't changed since 1998. The hope is that eventually we'll be able to define green in advertising the way we've defined low calorie and low fat. That needs to happen soon, before green loses all meaning. "We have better green products but a lot of exaggerated claims," says Case. "That could be enough to capsize the whole green movement"--and that's not a little green...

Author: /time Magazine | Title: Eco-Buyer Beware: Green Can Be Deceiving | 9/11/2008 | See Source »

...help alleviate the crisis, the U.S. shipped some 30,000 metric tons of wheat to the struggling nation in 1999--and continued to do so until 2005. But rather than simply handing over the wheat to produce the low-cost noodles, the U. S. Department of Agriculture (USDA) contracted with a fledgling nongovernmental organization called International Relief & Development (IRD) to create a pioneering food-aid program using a business model that has since become a template for projects in Cambodia, Niger and Sri Lanka...

Author: /time Magazine | Title: Teaching Them to Fish | 9/11/2008 | See Source »

...economic-development model, IRD has proved the concept. "We're satisfied," says the USDA's Sheikh. Since 1999, the program has produced more than 78,000 metric tons of fortified noodles for about 4 million low-income Indonesians. It has also produced hundreds of jobs in a country with 9.1% unemployment. "It was difficult to provide for my family before I took this job," says a TPS worker named Suparti, who uses only one name and has been working there for more than a decade. Although rising wheat prices have forced the company to increase prices 30% and the USDA...

Author: /time Magazine | Title: Teaching Them to Fish | 9/11/2008 | See Source »

...that it's way too soon to estimate this," says Bert Ely, a financial consultant based in Alexandria, Va., who delivered some of the most accurate estimates of the cost of the savings-and-loan crisis of the 1980s. The S&L experience is instructive: the cost estimates started low (Ely's first guess was $25 billion), then eventually grew to $500 billion. The actual price tag, as calculated by the Federal Deposit Insurance Corp. (FDIC) long after the fact: $123.8 billion, or about 2% of annual GDP during the bailout years. That's equivalent to $286 billion today...

Author: /time Magazine | Title: With Fannie and Freddie, the US Is Bailout Nation | 9/11/2008 | See Source »

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