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How worried should we be? Perhaps very, according to a chart from a recent report by Amherst Securities. The chart shows the dollar value of loans that will undergo a 10% or more jump in monthly payments, an amount that plenty of families would find unaffordable considering nearly 1 in...

Author: /time Magazine | Title: How Big Is the Threat from Option ARMs? | 2/19/2010 | See Source »

Whether bitter or sweetened, the tea is winning admirers. According to the latest CBS News/New York Times poll, roughly 1 in 5 adult Americans identifies with the Tea Party movement, which scored its first major victory last month when Republican Scott Brown won the Massachusetts Senate seat long held by...

Author: /time Magazine | Title: Why the Tea Party Movement Matters | 2/18/2010 | See Source »

Perhaps this isn't surprising. With the economy shaken and unemployment sky-high, with the federal debt mounting by the trillion as Washington politicians pay lip service to fiscal responsibility (picture a sermon on humility delivered by Shaquille O'Neal), an outbreak of outrage was inevitable. The Tea Party movement...

Author: /time Magazine | Title: Why the Tea Party Movement Matters | 2/18/2010 | See Source »

A second recurring note is darker. Like many other populist movements in American history, Tea Parties have become magnets for conspiracy mongers and nativists. Nashville conventioneers roared their approval when former Colorado Representative Tom Tancredo blamed Obama's election on voters who can't speak English. Because "we do not...

Author: /time Magazine | Title: Why the Tea Party Movement Matters | 2/18/2010 | See Source »

Regardless of what actually happens with Anthem Blue Cross's rate increases, the news has served as a useful tool for an Administration now making perhaps its hardest and last push for federal health care reform. After the Los Angeles Times broke the Anthem Blue Cross story, Health and Human...

Author: /time Magazine | Title: A Big Insurance-Rate Jump in California: Will It Stick? | 2/18/2010 | See Source »

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