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"Investment homes," as they're often called, used to represent a fraction of U.S. housing sales, but according to the National Association of Realtors they made up almost a quarter of home purchases last year. It's one reason why U.S. home prices have lept 50% since the 1990s (condo...

Author: /time Magazine | Title: Enter the Flipbusters | 8/25/2005 | See Source »

But why didn't Papa Ratzinger make even one small reference to his own experience? In a press conference later this afternoon, Karl Cardinal Lehman, the head of the German Bishops Conference, quite naturally referred to being nine years old and remembering people in his town taken away, never to...

Author: /time Magazine | Title: A Very Roman Pope | 8/19/2005 | See Source »

Since the internet was born, there has been a tug-of-war between aggregating information and finding ways to navigate through it. Two of the great navigation milestones were the Web browser and the search engine. Now, with the galloping growth of blogs (some 80,000 new blogs are created...

Author: /time Magazine | Title: Taming the Wild Web | 8/14/2005 | See Source »

The group has a private meeting with Jaime Mayor Oreya, Spanish vice-president of the European People’s Party (Christian Democrats), the largest coalition in the Parliament. Oreya unambiguously calls the present condition of the European Union (EU) a crisis. On May 29th this year, the French voted...

Author: By Alexander Bevilacqua, | Title: Searching for Europe’s Lost Aspirations | 8/12/2005 | See Source »

Moving from a committee meeting on educational policy to a café where parliamentarians discuss agricultural subsidies with their staff members, I spend a lively few hours, meanwhile musing on the current shortcomings of this unique political project. The daunting task which befalls all European integrationists at present is to...

Author: By Alexander Bevilacqua, | Title: Searching for Europe’s Lost Aspirations | 8/12/2005 | See Source »

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