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...city. He supported an aging mother, a son in college, a new wife and a stately old house on a large lot with big trees in the center of Kansas City. The home cost him about $100,000. It needed renovation, which Zachery planned to do himself, one room at a time. As home values rose, he used his equity to buy the heavy machinery required for his business. He was pursuing the ideal of the self-made entrepreneur, but his ambition left him dangerously exposed when the housing market soured, because he owed nearly twice the original purchase price...

Author: /time Magazine | Title: House of Cards: The Faces Behind Foreclosures | 2/27/2009 | See Source »

...break in life - the twist that put her on the path to a snug house in the suburbs with a vaulted living-room ceiling - was the product of these two qualities, the work ethic and the gift of gab. As a free-spirited young woman, Stevens liked working in hip restaurants and bars where musicians would hang out when their tours passed through Kansas City. Bonnie Raitt, the Doobie Brothers. "Those boys from Lynyrd Skynyrd," as she now calls them, arrived after closing time at a joint where she worked and smashed some things when she refused to serve them...

Author: /time Magazine | Title: House of Cards: The Faces Behind Foreclosures | 2/27/2009 | See Source »

...long have we endured this operatic tyranny. For too long have we sat complacent while our dining hall, our sacred home, has been overran by illegitimate musical usurpers in their faux-moorish Bastille. For too long have we been denied the basic rights of interhouse guests and leg-room during meals. And tonight another grievance. Before the clock struck half past eight, our beloved Brain Break, which fed us when we were hungry and strengthened us when we were weak, has been stripped of her prize asset: hot water to make...

Author: By Charleton A. Lamb | Title: Lowell D-Hall Puts Up The Velvet Rope | 2/26/2009 | See Source »

...Kennedy and Baucus do. Then there's the question of whether the program can really be shoehorned into the $634 billion 10-year budget figure that Obama has proposed; some have estimated that it would take at minimum $1 trillion over 10 years. And while everyone in the room has marveled at how congenial the discussions have been, the hardest part is yet to come. "Whenever there's change, there will be a winner and loser," says one meeting participant. "It will be not easy...

Author: /time Magazine | Title: Obama Moves Health Care to the Front Burner | 2/26/2009 | See Source »

...expects to see legislation introduced by Memorial Day. Kennedy monitors the progress by telephone from home. Senate Finance Committee chairman Max Baucus, who has called health-care reform his top priority this year and is working hand-in-hand with Kennedy - Baucus' staff has often been in the room when stimulus negotiations allowed them the time - has said that he expects to hold hearings in the spring. By all accounts, the bill will go through the usual committee process in an effort to draw as much bipartisan support as possible. Democrats control the Senate with 58 votes - two votes short...

Author: /time Magazine | Title: Obama Moves Health Care to the Front Burner | 2/26/2009 | See Source »

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