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...number will probably be even higher this year. Congress is debating a bill aimed at slowing this tsunami, but the window to act is rapidly closing. Next year the focus is likely to turn to preventing a rerun of the real estate debacle. An exact repeat is already unlikely; bleeding banks have toughened lending standards, and the Federal Reserve is tightening its mortgage rules, squeezing out most of those "no doc" mortgage mills...

Author: /time Magazine | Title: The New President's Economy Problem | 5/15/2008 | See Source »

...State Council, the Central Committee, and the Sichuan, Chengdu and Dujiangyan governments are trying their best to help. Earthquakes are not something that mankind can avoid." Sadly not. But bungled relief operations are, and Beijing is pulling out all the stops to ensure that this time it doesn't repeat past mistakes...

Author: /time Magazine | Title: The Walls Tumble Down | 5/15/2008 | See Source »

Nearly one million people starved to death when a murderous famine gripped North Korea in the 1990s. Now, the most backward, isolated country in the world may be about to see history repeat itself. According to diplomats, United Nations officials and a variety of non-government organizations, North Korea stands yet again on the brink of a major food shortage. "The prospect of hunger-related deaths in the next few months is approaching certainty," says Marcus Noland, a senior fellow at the Peterson Institute and co-author of a just released study raising alarms about the prospect of renewed famine...

Author: /time Magazine | Title: The Next Great North Korean Famine | 5/6/2008 | See Source »

When Sherre Hirsch, a Los Angeles rabbi, had adolescent woes about boyfriends or school, her grandmother used to repeat an old Yiddish saying: "We plan, God laughs." Hirsch, now 39 and the mother of three children, says, "I heard it all the time. I realized for me and for so many people, that was sort of the theme of their life. It just wasn't turning out like they expected. And in some ways they thought God was laughing at them." Now, Hirsch gives out her own brand of comforting advice, in her new book, called - what else? - We Plan...

Author: /time Magazine | Title: God is Laughing With You | 4/29/2008 | See Source »

...with us was a hard fought game.” With the win, Cornell clinched second place in the Ancient Eight, overtaking Princeton with whom the Big Red was tied entering Saturday’s matchup. Both squads fell far short of challenging Penn, who clinched a conference title repeat by posting an undefeated, 7-0 Ivy season. The Crimson is set to play in its last game of the regular season on Wednesday against Boston College at Harvard Stadium. “We want to end the season on a winning note and do it especially for the seniors...

Author: By Alison E. Schumer, CRIMSON STAFF WRITER | Title: Crimson Falls to Fifth League Defeat | 4/29/2008 | See Source »

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