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The first economic reality which makes propping up the housing market untenable is that unemployment is likely to rise sharply between now and the end of the year. By some estimates it will go over 9% in early 2010. While the government helps some people stay in their homes, the...

Author: /time Magazine | Title: Saving the Housing Market By Speeding Up Foreclosures | 2/18/2009 | See Source »

That's one of the reasons why the Obama Administration has been pushing hard to include funds for green building and for weatherizing existing homes as part of its economic stimulus package. Wherever the funding comes from ultimately, there's little doubt that lower-income developments will continue to go...

Author: /time Magazine | Title: Building Green Houses for the Poor | 2/17/2009 | See Source »

The Rokia Traoré concert at the Somerville Theatre last Friday was a real live example of what Christian Lander, author of blog and book “Stuff White People Like,” has been talking about in his ongoing list about the white middle class. The Somerville...

Author: By Rebecca J. Levitan, CONTRIBUTING WRITER | Title: Traore a Natural Performer | 2/17/2009 | See Source »

For now, there's little reason to worry. NASA told TIME on Sunday that the events seen and heard earlier in the day bore the hallmarks of a natural incident; debris from a satellite collision is generally too small to be seen. The satellites involved in last week's cosmic...

Author: /time Magazine | Title: The Sky Isn't Falling in Texas — Yet | 2/15/2009 | See Source »

Gusev is a completely different kind of moonshiner. He is one of Moscow's best-known guitar makers. His underground workshop is a short walk from Red Square and is filled with pieces of elegantly curved wood from disassembled instruments. The tiny bottle of moonshine sits on a shelf not...

Author: /time Magazine | Title: Russia's Artisanal Moonshine Boom | 2/15/2009 | See Source »

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