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...Other advantages of this solution are that it is universal and nondiscriminatory: every mortgage holder in the U.S. gets a break. Homeowners without mortgages also benefit, as foreclosures directly lead to deflated home values, and the number of foreclosures will be reduced considerably. At the same time, the banks' assets will have a greater inherent value: their balance sheets will improve, and they are likely to begin lending sooner than they would with the government's current strategy...

Author: /time Magazine | Title: A Better Bank Fix: Cut Every Mortgage's Principal | 2/13/2009 | See Source »

...percentage principal should be reduced. And unlike all of the other plans out there, it does not require significant government spending. It is also politically palatable, as it does not discriminate and does not rescue certain institutions while leaving others to fend for themselves. Homeowners get the most direct benefit, and the solution is efficient because of its flat-tax-like nature. Just about everybody wins...

Author: /time Magazine | Title: A Better Bank Fix: Cut Every Mortgage's Principal | 2/13/2009 | See Source »

...large, policymakers are reluctant to "take away" people's homes. And that's a problem in itself. Here we're up against macroeconomic forces bigger than we are. There's something to be said for trying to influence where housing is headed--but there may be greater benefit in understanding that it will be a long road to recovery. And the most effective thing we can do is make it less painful for people along...

Author: /time Magazine | Title: How to Fix the Housing Market | 2/12/2009 | See Source »

...tonight in the Agassiz Theater. The show was created by Eve Ensler and grew from an off-Broadway production to international fame. Ensler developed the piece in order to celebrate the vagina and to help stop violence against women. The proceeds from this year’s performance benefit groups dedicated to preventing sexual assault, including the Boston Area Rape Crisis Center and Rosie’s Place, a shelter for homeless women and those fleeing abusive relationships. In addition, Ensler’s V-Day movement, which aims to end violence against women and girls, has chosen the rape...

Author: By Melanie E. Long, CRIMSON STAFF WRITER | Title: 'Vagina' Welcoming to Actors | 2/12/2009 | See Source »

...well as athletes, he said. “Sometimes, great players bring a team together. Sometimes, twwwhe team makes a great player,” Bajwa said.It is valuable, he believes, for any athlete to experience an individual sport that is also a team sport. West in particular will benefit from his college experience. “Colin is one of those kids that you get every three or four years,” says Bajwa. “He enjoys not just performing for himself, but performing for a collective group of people that he cares...

Author: By Justin W. White, CONTRIBUTING WRITER | Title: West Tops Nation’s Best Competitors | 2/12/2009 | See Source »

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