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Rick Sharga, vice president of marketing for RealtyTrac, is cautiously optimistic that the program will help slow foreclosures. "One of the things that's prevented more success on these [loan-modification] programs is, we've had a principal-balance problem, and this program, on the face, would seem to resolve that." He says it's long been believed that homeowners would be able to support mortgage if they were based on current market values. Right now, many can't refinance because their loans are worth more than their houses, he says...

Author: /time Magazine | Title: Obama's New Foreclosure Plan Gets Mixed Reviews | 3/26/2010 | See Source »

...they must, should not return to work until their children are at least 1 year old. Critics, and many, many working mothers, quickly pointed out that he offers no statistics for his theory (as in, exactly how many nannies Tiger Woods must have had), nor does his proposal seem particularly practical, since many women have little choice but either to return to work after having children or to not feed said children. Additionally, it rankled many women that Friedman lays the blame for men's fidelity issues on females. If it's not the inattentive wife who drives...

Author: /time Magazine | Title: Do Nannies Really Turn Boys into Future Adulterers? | 3/25/2010 | See Source »

Such cultural crusades might seem to appeal mostly to the far-right fringe, but Breitbart is tapping a deep reservoir of conservative dismay. Former Bush Administration official (and TIME contributor) David Frum says, "What matters to [conservatives] is not why the government is spending $15 million on this or that. What matters is a perception that hostile forces are invading your home, school and family. Those forces come in on TV and in newspapers. An enormous amount of what conservatism now does is media criticism...

Author: /time Magazine | Title: Citizen Breitbart: The Web's New Right-Wing Impresario | 3/25/2010 | See Source »

...Republican Party." In other words, it would make Clinton and the Democrats more popular. Kristol's strategy succeeded in 1994, when Republicans won control of the House and Senate - but it failed in 2010, although Republicans, misled by momentary anti-reform polls that mostly reflect public confusion, seem intent on pushing "repeal." It remains likely that Democrats will lose seats this year, but those losses may not be as extensive now. A good measuring stick would be the 26 House seats lost in 1982, when Ronald Reagan faced a 10.8% unemployment rate. (See the top 10 political gaffes...

Author: /time Magazine | Title: Can Obama Keep Delivering on His Promise | 3/24/2010 | See Source »

...profound question for Republicans is whether they continue on the path of intransigence or decide to participate in the government. Intransigence has its pleasures. In the hermetically sealed tornado of right-wing bloviation, the wildest claims have come to seem the most marketable. This was a problem on the left for a long time. When Congressman Randy Neugebauer of Texas screamed "Baby killer!" on the House floor, the epithet resonated - the protesters who screamed those same words at U.S. troops in the 1960s sent the American pendulum swinging back toward conservatism and crippled the Democratic Party for several generations...

Author: /time Magazine | Title: Can Obama Keep Delivering on His Promise | 3/24/2010 | See Source »

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