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...little is likely to be done inside the Beltway - Federal Deposit Insurance Corporation chairwoman Sheila Bair is still pushing for a homeowner-relief plan - local leaders are looking for makeshift solutions at the grass roots. One notion is to let cities use NSP money to leverage lenders into helping more borrowers avoid foreclosure. Since lender banks naturally want foreclosed properties taken off their hands in the NSP buyout - and since reckless and even predatory lending was so often at play in the subprime mess - perhaps they in return ought to be required to show some level of commitment to homeowner...

Author: /time Magazine | Title: Grass-Roots Efforts Aim to Ease the Foreclosure Crisis | 11/20/2008 | See Source »

...change, more willingness among the banks to cooperate," says Arden Shank, head of the Miami nonprofit Neighborhood Housing Services, which is working with Florida cities to counsel homeowners on foreclosure prevention. "Not too long ago, most banks wouldn't even talk to us." (Read "Fannie and Freddie Offer New Plan to Help Homeowners...

Author: /time Magazine | Title: Grass-Roots Efforts Aim to Ease the Foreclosure Crisis | 11/20/2008 | See Source »

...which the human species was formed is only a brief drawing of the breath before the cosmic assault begins once more." So how do we maximize our time in what de Villiers calls a "perilously thin habitable layer on a vulnerable and unstable planet in a hostile neighborhood"? Plan for the worst. As he says, "Good information is the best antidote...

Author: /time Magazine | Title: The Skimmer | 11/20/2008 | See Source »

...ever heard him talk about the subject. "The question is, how good will it be?" That was on Dec. 14, 1993, when Daschle was still a relatively junior member of the Senate. He was standing before a skeptical business group in Watertown, S.D., trying to explain the complicated plan that First Lady Hillary Rodham Clinton had put together back in Washington...

Author: /time Magazine | Title: Daschle Could Be a Boost to Obama's Health-Care Agenda | 11/19/2008 | See Source »

...Obama's health-care proposal has many of the features of the Clinton plan, including a requirement that most employers provide coverage for their workers and mechanisms that would allow purchasers of health care to join groups for a better deal on their coverage. But unlike the Clinton plan, it would not require Americans who now have coverage (and are satisfied with it) to give that up. Its supporters hope that will make the proposal an easier sell to voters. (See pictures of Hillary Clinton on the campaign trail...

Author: /time Magazine | Title: Daschle Could Be a Boost to Obama's Health-Care Agenda | 11/19/2008 | See Source »

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