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...other reason that mortgage modifications are a challenging way to put a floor under housing prices is that this assumes that people who cannot afford a $500 a month mortgage payment can afford a payment of only $350. But in most cases this does not matter. As people turn away from debt and toward savings, a house is no longer a good mattress in which to store cash. Perhaps more to the point, with joblessness on the rise and many middle class household budgets built around two people working full-time, it does not take much bad luck to undermine...

Author: /time Magazine | Title: When Mortgage Assistance Does Not Work | 2/25/2009 | See Source »

...author of a new study published in the Feb. 26 issue of the New England Journal of Medicine, whose findings confirm what a growing body of weight-loss evidence has already suggested: one diet is no better than the next when it comes to weight loss. It doesn't matter where your calories come from, as long as you're eating less. (Read about environmentally friendly food...

Author: /time Magazine | Title: What's the Best Diet? Eating Less Food | 2/25/2009 | See Source »

...student allegedly involved in the incident said they do not plan to press charges. The student asked to remain anonymous because of the sensitive nature of the matter...

Author: By Emily J. Hogan, CRIMSON STAFF WRITER | Title: Sexual Assault in River House Reported Saturday | 2/24/2009 | See Source »

...with the ouster of its former governor, Rod Blagojevich, a Democrat, and the evolving imbroglio involving his handpicked replacement for Obama's Senate seat, Roland Burris, who even Illinois' new governor and high-ranking Democratic officials in Washington are strongly urging to resign. Steele himself weighed-in on the matter, saying, "The best solution to avoid taint, and the continuation of the saga, is to clear the deck and allow the people of the state to fully decide." (See pictures from the remarkable world of Rod Blagojevich...

Author: /time Magazine | Title: Can Michael Steele Broaden the Grand Old Party? | 2/24/2009 | See Source »

...judges can't conceive that in a case where the government is involved, the government could lose." Corruption is another major reason for disillusionment. "Khodorkovsky never had hope, because he was fighting against the government," says Ponomaryov. "We protested, we had meetings, but whatever we did, it didn't matter, because Putin had his own interests...

Author: /time Magazine | Title: Where Russians Go for Justice: France | 2/24/2009 | See Source »

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