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...more on their house than the house is worth (and that's about 60% of homeowners in Las Vegas) and sells them a new house similar to the one they've been living in at half the price they paid for their old house. Then she tells them to stop paying the mortgage on their old place until the bank becomes so fed up that it's willing to let the owner sell the house at a huge loss rather than dragging everyone through foreclosure. Since that takes about nine months, many of the owners even rent out their...

Author: /time Magazine | Title: Less Vegas: The Casino Town Bets on a Comeback | 8/14/2009 | See Source »

...many ways, Liberia is a predictable stop on Clinton's itinerary. Liberia has always had closer ties to America than other African countries, and with President Ellen Johnson Sirleaf as the first female elected head of state in the continent, it's not surprising Liberia was in Clinton's Africa tour of hotspots like Eastern Congo and strategic partners like to oil-rich Nigeria and Angola. Liberia was founded by freed American slaves in the early 1800s under a corporation called the American Colonization Society. The newcomers set up a social hierarchy similar to the plantation system they were familiar...

Author: /time Magazine | Title: Clinton Bolsters Liberia's Embattled President | 8/13/2009 | See Source »

...Alexandria building. Above all, they are refreshingly delicious. "The cookie offers great texture - there's integrity to it - and the ice cream is not too sweet," says Cathy Danh, an L.A. foodie and blogger who recently sampled Coolhaus' wares for the first time when the truck made a pit stop in Venice Beach. "I'd absolutely eat there again." Each sandwich retails...

Author: /time Magazine | Title: A Cool Way to Make Architecture Pay: Ice Cream! | 8/12/2009 | See Source »

...wanted to draw up a candidate for a party that needs to stop alienating young, Hispanic, Catholic and working-class voters and start inspiring its dispirited base of fiscal and social conservatives, Rubio would be it. He's the son of Cuban exiles, a bartender and a hotel maid who raised him to remember that faith matters, work pays and politics can stifle liberty in a big way. He's married to a former Miami Dolphins cheerleader, and he's got four young children. He's only 5 ft. 9 in. and 160 lb., with a sweet-faced earnestness that...

Author: /time Magazine | Title: GOP at War with Itself in Florida Senate Race | 8/12/2009 | See Source »

...those ideas through the house, but few of them made it past Crist's desk. For example, Rubio pushed for radical tax reforms that would have virtually eliminated property taxes; he had to settle for Crist's relatively modest cuts. Rubio also filed a lawsuit to try to stop Crist from expanding Indian gaming; the governor won that battle...

Author: /time Magazine | Title: GOP at War with Itself in Florida Senate Race | 8/12/2009 | See Source »

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