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...were not Jackson fans but were curious to see the spectacle. They marched down Unter den Linden, past the Soviet embassy, the streets full of people. Alfred describes seeing a lot of police but says the atmosphere was peaceful. He climbed partway up one of the trees on the median on Unter den Linden. A policeman tugged at his leg and ordered him down from the tree, but Kleint says he shook him off and kept peering over the heads of the crowd...

Author: /time Magazine | Title: The Stasi File on Michael Jackson | 8/5/2009 | See Source »

...incomes are looking paltry: "Real median household incomes in all age groups under 55 have not increased since 2000. In fact, for the first time in at least 40 years, there is a chance that the real median household income for these age groups will be lower at the end of the decade than at the start...

Author: /time Magazine | Title: The State of the Nation's Housing | 6/23/2009 | See Source »

...according to the now famously bearish analyst Meredith Whitney (who accurately predicted Citigroup's meltdown back in 2007). Moreover, according to a study from the maker of the all-important FICO credit score, recent cutbacks have hit twice as many of the most financially responsible consumers--those with a median credit score of 770--as those with crummy credit. "These people have done everything right," says Greg McBride, senior financial analyst with Bankrate.com "and now some arbitrary decision could torpedo their credit score...

Author: /time Magazine | Title: Could Your Credit Be Too Good? | 6/22/2009 | See Source »

...York City's big problem is not so much the financial-industry meltdown as it is an intense lack of affordability. As the report notes, metropolitan-area New York home prices peaked in the second quarter of 2007 at $552,000. By the first quarter of 2009, the median price had dropped 19%, to $446,000, but the market swoon was less than half the drop recorded in many other areas of the country. Today among the 10 biggest metropolitan areas, New York ranks as the least affordable...

Author: /time Magazine | Title: New York Home Prices Forecast to Drop 40% | 6/16/2009 | See Source »

...lumpiness. In other words, there are plenty of people in the Rust Belt with tightened purse strings, just as you would expect - but in the aggregate, other pockets of the country have pulled back more. And while there are some links between potential spending and local unemployment rates and median income, the relationships aren't bulletproof. One group of people more likely to spend: middle-income urban families who care more about protecting the quality of their lifestyle...

Author: /time Magazine | Title: A Surprising Look at Who Spends and Who Saves | 6/5/2009 | See Source »

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