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...market is looking for ways to claim that housing is finding a bottom and that it is possible that a recovery in home prices in the wings. While there may be some pick-up in sales in the most depressed markets including Nevada and Florida, there is no sign that prices are rising. Clever buyers are moving in to buy homes in foreclosure, but the prices of these houses are so low that their sales may actually bring down the average price of the homes being sold in those markets...

Author: /time Magazine | Title: Housing Is Not Just Bad, It's Getting Worse | 5/27/2009 | See Source »

...Amandi notes, one election and one high-court pick won't have blacks and Hispanics sharing rap and salsa around a campfire. Immigration, for example, isn't a priority issue for African Americans - most Latinos feel Obama needs to ratchet up his commitment to it - and Latinos aren't as passionate about affirmative action. But it is indeed hard to overstate what a sea change their apparent alliance represents. As the U.S. Latino population began to mushroom in the 1980s and minority competition for employment and resources became more acute, the black-brown divide turned into a chasm. Many blacks...

Author: /time Magazine | Title: Picking Sotomayor: Bridging the Black-Latino Divide | 5/27/2009 | See Source »

...Opposing this pick right now is really tough politically, especially since Republicans had two bites the last time around and picked two white males," said John Ullyot, a GOP consultant who has advised on judicial confirmations. "Do they really want to be put in a position of either voting against or questioning in a hostile way somebody who has a good record and will be seen by Latinos as a very important and symbolic pick? There's a disconnect between groups that expect really giving a zinger to a nominee like this and where Republicans want to be politically...

Author: /time Magazine | Title: The GOP's Initial Tactic on Sotomayor: Play for Time | 5/27/2009 | See Source »

...policy preferences and biases on the bench," says Ed Whelan, president of the Ethics and Public Policy Center, a group opposing Sotomayor's candidacy. "I'm going to continue to do all I can to expose Sotomayor's view of judging and why she's not a good pick for the court." (Read "Judge Sonia Sotomayor Headed for Easy Supreme Court Nomination...

Author: /time Magazine | Title: The GOP's Initial Tactic on Sotomayor: Play for Time | 5/27/2009 | See Source »

...Florida, New Mexico and Colorado. Hispanics had actually been somewhat disappointed in Obama's Latino-lite Cabinet and his unwillingness to take on immigration reform as a top issue in his first 100 days. But that will probably be forgotten now. The Hispanic community was "thrilled" by Obama's pick of Sotomayor, said David C. Lizárraga, chairman of the U.S. Hispanic Chamber of Commerce's board. "She is a role model of strength, focus and discipline and exemplifies the American ethos, proving that anyone in this nation can fulfill their dreams, matching their potential with opportunity...

Author: /time Magazine | Title: The GOP's Initial Tactic on Sotomayor: Play for Time | 5/27/2009 | See Source »

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