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...biggest reason for the change in customers' credit behavior has to do with falling housing prices. For a long time, a house was the largest asset of most people. But according to a recent study from housing-value tracker Zillow.com, about 20% of all homeowners are now underwater on their mortgage, meaning they owe more than their house is worth. With housing prices still falling, many see little value in holding on to their home. In fact, some mortgage experts have recommended that individuals walk away from their home loan, repair their credit and start again. (See the worst business...

Author: /time Magazine | Title: Strapped Consumers Paying Credit-Card Bills Before Mortgages | 3/2/2010 | See Source »

...Another reason videos inhibit word-learning may simply be that they replace precious parent-child time that could be spent learning the same words. If babies are watching a DVD, they are not engaging or communicating with their parents. In Richert's study, her team found that the most learning occurred when parents directly taught children new words by pointing at an object, saying its name and repeating it. In the final session in the lab, the researchers observed parents and their youngsters as they watched Baby Wordsworth together; the children's ability to learn words in these situations...

Author: /time Magazine | Title: Baby Wordsworth Babies: Not Exactly Wordy | 3/2/2010 | See Source »

...public rancor, Lieberman has emerged as one of Obama's more unexpected, if not always reliable, wingmen. "There's a certain irony to this," Lieberman says as he considers the situation in his Senate office. "I have been called in to help the Obama Administration for the very reason that has made some Democrats unhappy with me, which is that I have ongoing, trusting relationships with some of the Republicans...

Author: /time Magazine | Title: Can the Democrats Forgive Joe Lieberman? | 3/1/2010 | See Source »

...Chile quake provides all the more reason to demand that, in return for billions of dollars in aid, Haiti must agree to terms that will force it to improve its abysmal governance. "The Chilean example will encourage donors to make the case that this is an opportunity to do things differently in Haiti - and do them right for a change," says Michael Shifter, vice president at the Inter-American Dialogue in Washington...

Author: /time Magazine | Title: Chile and Haiti: A Tale of Two Earthquakes | 3/1/2010 | See Source »

...relevance in a post-Cold War world - there is a scent of desperation in the air. For the past 20 years, it has struggled to adapt to an expeditionary role, capable of dispatching troops thousands of miles from home, "out of area," as NATO officials put it. The reason is simple: If NATO can't do out of area, it's out of business. "NATO, I think, still deserves to continue," Alexander Vershbow, the Pentagon's top international thinker, said on Feb. 26. "If NATO ceased to exist, we'd have to reinvent it very quickly...

Author: /time Magazine | Title: As Afghan Role Dwindles, Doubts Grow About NATO's Future | 3/1/2010 | See Source »

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