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Dates: during 2000-2009
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...housing market, stupid." That's what an increasing number of policymakers and economists are saying as they push for widespread mortgage modifications as a way to address a root cause of the financial crisis. With more than 1.5 million houses in foreclosure (three times the normal rate) and about 3.5 million other homeowners behind on mortgage payments, the idea of rewriting loan terms has broad appeal. As advocates contend, homeowners will keep their houses, and lenders as well as investors in mortgage-related securities will recoup more money than is typically netted in a foreclosure. As a bonus, property prices...

Author: /time Magazine | Title: It's the Housing Market, Stupid | 10/21/2008 | See Source »

According to Dershowitz, there are three root causes of this anti-Israeli sentiment: Israel is a Jewish state; Israel is an ally of the US, and suffers from “veiled anti-Americanism”; and Israel does not produce oil, making the state useless...

Author: By Niha S Jain, CONTRIBUTING WRITER | Title: Dershowitz Takes Aims At ‘Israel’s Enemies’ | 10/15/2008 | See Source »

...have choices.” The latter statement links to a manual describing how to legally force the biological father into fulfilling his child support duties, and how to utilize financial assistance programs such as Medicaid and subsidized housing. These proposed solutions fail to seriously address the root economic and social reasons that lead women to seek abortions. Advising an impoverished teenage mothers to procure food stamps merely places a Band-Aid on a gaping wound...

Author: By Courtney A. Fiske | Title: “Women Deserve Better” | 10/14/2008 | See Source »

Meanwhile, rising prices have been at the root of Garcia's exceptionally low popularity, with his approval ratings in the capital Lima falling to 23% in mid-October, his lowest since taking office in July 2006. (As a point of comparison, George Bush has an approal rating of 24%.) The corruption and terrorism headlines may force Garcia's popularity down further. All in spite of Peru's booming economy. "I would not be surprised if Garcia dropped to 10%. Peru is certainly not in bad shape, it just seems that way to many people because we can't get Garcia...

Author: /time Magazine | Title: Think Bush Has It Bad? Look at Peru's President | 10/14/2008 | See Source »

Tell me about your thoughts on the "cavalier" attitude at the root of this problem...

Author: /time Magazine | Title: The Sheriff Who Wouldn't Evict | 10/13/2008 | See Source »

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