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...Even Kerry's family life has been gapping up. His daughter Vanessa is getting married in October, and he has thrown himself rather dramatically into wedding-planning, in part because his ex-wife Julia Thorne, Vanessa's mother, died of cancer in 2006. (Walking back to his office from the Senate floor recently, Kerry held forth at length about the coming nuptials and his hopes of persuading his daughter to do a Red Sox bridal-party outing.) Kerry isn't utterly changed, of course. He retains the sometimes aloof bearing that made him a hard sell to some voters...

Author: /time Magazine | Title: John Kerry: Back in the Hunt | 8/26/2009 | See Source »

...delivered a master class that night in taking on Ronald Reagan - not with heavy-handed scaremongering but rather with a light touch that was all the more devastating for its sense of incredulity. "The same Republicans who are talking about preserving the environment have nominated a man who last year made the preposterous statement, and I quote, 'Eighty percent of our air pollution comes from plants and trees.' And that nominee is no friend of the environment." The convention rejoiced as Kennedy arraigned Reagan for a string of similar absurdities; we had discovered in Reagan's past radio shows...

Author: /time Magazine | Title: Bob Shrum Recalls Ted Kennedy's Greatest Speech | 8/26/2009 | See Source »

...what's known as agroforestry, an increasingly popular practice, which according to Dennis Garrity, the Nairobi-based director-general of the WAC, could be a "real compensation for deforestation." Farmers are planting trees on their property not because they want to suck up carbon dioxide - at least, not yet. Rather, trees can add value to agriculture. Fruit and nut trees provide additional income or even subsistence food, especially in times of drought, since trees are generally hardier than crops. Trees also provide salable commodities like coffee, rubber, gum and timber. And even if a stand of trees doesn't produce...

Author: /time Magazine | Title: As Farmland Grows, the Trees Fight Back | 8/25/2009 | See Source »

...bank's first impulse, from a business standpoint, is to try to auction the house and at least get some long-term mortgage-interest revenue out of the sale. That's a big reason so many banks have balked at loan modifications in spite of MHA: they'd rather roll the dice with another owner since studies show many modified mortgages still go south, just delaying the inevitable. But in cases like Miami Gardens, says Milligan's lawyer, Miami real estate attorney Rashmi Airan-Pace, lenders need to realize that as foreclosures mount and infect neighborhoods, their chances of auctioning...

Author: /time Magazine | Title: How One City May Punish Banks for Foreclosures | 8/25/2009 | See Source »

...Bernanke's is in many ways an inspiring story, a financial overlord from Main Street rather than Wall Street, from the faculty lounge rather than the corridors of power, from the realm of pragmatism and analysis rather than partisanship and ideology. He was a nice Jewish boy from small-town South Carolina who had pursued a career of scholarship; before George W. Bush appointed him to the Federal Reserve Board in 2002, his only brush with politics had been a stint on his local school board. Before the markets went haywire, he was building a reputation...

Author: /time Magazine | Title: Why Obama Reappointed Bernanke to the Fed | 8/25/2009 | See Source »

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