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After all, the big Administration push has been loan modifications. Earlier this week, Treasury reported that through October more than 650,000 homeowners have received trial modifications under the government's Making Home Affordable plan. How long lasting that help will be, though, is a different question: as of Sept. 1, only 1,711 borrowers had successfully completed the trial phase and received permanent changes to their loan terms, according to a report by the Congressional Oversight Panel...

Author: /time Magazine | Title: Renting Your House Back: A Solution to Foreclosures? | 11/12/2009 | See Source »

...experts caution that China still needs a wholesale examination of how its legal system handles detainees. A report released Nov. 12 by New York-based Human Rights Watch describes a system of "black jails" in Beijing and provincial capitals that operate outside the law, though with the implicit approval of police and judicial officials...

Author: /time Magazine | Title: New Report Released on China's 'Black Jails' | 11/12/2009 | See Source »

...According to the report, the black jails are generally used to detain people who travel to Beijing and other cities to petition the government for redress of injustices faced in the countryside. The control of court systems by local officials means that they can't find justice at home. They often come to bigger cities with stories of official corruption, illegal land seizures or workplace inequities. The petition system, a remnant of the Qing Dynasty-era letters-and-visits system, is wildly ineffective, with just 3 out of 2,000 cases resolved, according to one study. Still, for poor Chinese...

Author: /time Magazine | Title: New Report Released on China's 'Black Jails' | 11/12/2009 | See Source »

...Following a public outcry over Sun's death, the government eliminated "custody and repatriation," or shourong in Mandarin. "But vagrancy-detention-era abuses did not end with the abolition of shourong," states the Human Rights Watch report. "Instead, such abuses have been driven underground into new extrajudicial 'black jails.' " It's an unpleasant lesson in the dangers of treating the symptoms without addressing the cause...

Author: /time Magazine | Title: New Report Released on China's 'Black Jails' | 11/12/2009 | See Source »

...graders in 2002 spent more than 10 hours on homework each week. That's not bad; in fact, it's much better than it used to be (in 1980 a mere 7% of kids did that much work at home each week). But Chinese students, according to a 2006 report by the Asia Society, spend twice as many hours doing homework as do their U.S. peers...

Author: /time Magazine | Title: Five Things the U.S. Can Learn from China | 11/12/2009 | See Source »

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