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...really run into trouble. In February, 2.13% of single-family mortgages at Freddie were delinquent. That was up from 1.98% the month before, and up from 0.74% a year ago. As the economy stagnates and unemployment rises, Freddie and Fannie loans are at risk in a way they weren't when the primary issues were things like interest-rate resets and loans having been made to people who couldn't afford them in the first place. The research firm CreditSights has said it thinks the delinquency rate at Freddie could go as high as 4% in coming years...

Author: /time Magazine | Title: Kellermann's Death Is Latest Shock To Freddie Mac | 4/22/2009 | See Source »

...truthiness of the films aside, True Life Adventures can be credited for being the first to present nature in a quietly empathetic way - wildlife weren't a threat, but an integral part of our lives and worthy of protection - that would later resonate with the modern environmental movement...

Author: /time Magazine | Title: Disney's Version of Earth: Sunny Side Up | 4/22/2009 | See Source »

...also no surprise, then, that CIA brass weren't exactly excited about this new directive. (Of course, it's also no surprise they would claim that now either.) One former CIA officer who was part of the discussions that led to the waterboarding of Abu Zubaydah in 2002 told me that much of CIA management was dead set against the agency taking on the task. Among other objections, they felt that the military was better equipped to deal with interrogating prisoners of war; the military, after all, had its own interrogation school. But, as the message came down, then Secretary...

Author: /time Magazine | Title: The CIA's Willful Ignorance on Harsh Interrogations | 4/22/2009 | See Source »

This spring, for example, Texas lawmakers are mulling a new law that would allow college students to carry firearms to campus (Utah already makes this legal). "I think people weren't concerned about it first," says University of Texas graduate student John Woods, who has emerged as a spokesman for campus efforts to defeat the bill. "They thought, 'It's a terrible idea. Why would the government consider something like this?'" But as the debate on campus has heated up, that complacency has vanished, Woods explains to TIME. Students opposed to the bill plan a big rally on Thursday...

Author: /time Magazine | Title: Ten Years After Columbine, It's Easier to Bear Arms | 4/20/2009 | See Source »

...flotilla of some 500 boats that had blocked the ports of Calais, Boulogne and Dunkirk since Tuesday weren't protesting the recession as such, but rather European Union fishing quotas that the fishermen claim further undermine already slumping business. Still, their move to bring trans-Channel traffic to a creep - and shut down ferry service altogether - paralleled similarly muscular action by workers across France who have taken the law into their own hands to protect their jobs. (See pictures of France on fire...

Author: /time Magazine | Title: Why the French Love to Strike | 4/16/2009 | See Source »

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