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...despite all that, the best reason to watch your local 10 o'clock news is for their bottom-of-the-hour human interest stories. You know, a leprechaun in Alabama, that sort of thing. And, as the genius mash-up, "Finally Tonight, Jesus..." points out, one of the more popular newscast-ending segments is that wonderful evergreen, "Look at this crazy [insert object name here] that looks like [insert deity name here]."(See The Internet's 99 Greatest Hits...

Author: /time Magazine | Title: 21 Unexpected Places to Find Jesus | 3/11/2009 | See Source »

...reason is an obscure accounting rule that is the subject of intense lobbying by representatives of the banking industry ahead of congressional hearings on Thursday on the matter. A change to that rule could drain some of the banks' red ink and possibly make it easier for them to off-load the toxic assets. (See 25 people to blame for the financial crisis...

Author: /time Magazine | Title: Will a Mark-to-Market Fix Save the Banks? | 3/11/2009 | See Source »

...economic data for the first quarter begins to come out in April and then second quarter information is released in July, it will become clear whether the idea that the Treasury can borrow enough money to right our national economic ship is plausible. There is absolutely no reason to believe that if GDP contraction hits 10% for a quarter or two and then unemployment increases to double digits that the government will be able to solve what the free market system cannot...

Author: /time Magazine | Title: Betting the U.S. Government Won't Pay Its Debts | 3/11/2009 | See Source »

Families with children comprise roughly one-third of the nation's homeless population. Poverty continues to be a core reason for the crisis, though the aftermath of Hurrican Katrina combined to swell the numbers in Louisiana, Texas and Georgia. Since the 1980s, single mothers have accounted for an increasing share of the homeless population, partly because of increased divorced rates, gender and wage disparities, and the shrinking supply of affordable housing. Officials believe that the current home foreclosure crisis will be adding a new demographic to these statistics: middle-class blacks and Latinos. "It's families that were living pretty...

Author: /time Magazine | Title: Report Says 1 in 50 U.S. Kids Is Homeless | 3/10/2009 | See Source »

...other reason some wonder whether the recent saber-rattling from the North is standard operating procedure is murkier: questions still surround the health of the North's Dear Leader, Kim Jong Il. Kim suffered a stroke late last summer, and since then he has been seen in public even more rarely than usual. On Sunday he was photographed "voting" in North Korea's sham parliamentary elections, and he looked noticeably older and thinner than he did just six months ago. There are conflicting opinions about his level of involvement in managing the country since the stroke. (See pictures...

Author: /time Magazine | Title: North Korea's Nuke Saber-Rattling: A Test for Obama | 3/10/2009 | See Source »

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