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...afford a payment of only $350. But in most cases this does not matter. As people turn away from debt and toward savings, a house is no longer a good mattress in which to store cash. Perhaps more to the point, with joblessness on the rise and many middle class household budgets built around two people working full-time, it does not take much bad luck to undermine a perfectly compassionate program which also pretends to have the power to keep residential real estate values from dropping at a rate of nearly 20% a year as they...

Author: /time Magazine | Title: When Mortgage Assistance Does Not Work | 2/25/2009 | See Source »

...legacy of the his presidency has been the New Deal liberalism of the post-war era—a legacy that clashed with the class interests of his former peers and Harvard faculty...

Author: By Bita M. Assad, CRIMSON STAFF WRITER | Title: The Legacy of Franklin Delano Roosevelt | 2/24/2009 | See Source »

...It’s the children and grandchildren of the people that once considered him to be a traitor to his class that now recognize him as one of the great American presidents,” she said...

Author: By Bita M. Assad, CRIMSON STAFF WRITER | Title: The Legacy of Franklin Delano Roosevelt | 2/24/2009 | See Source »

...capsule dating back to 1900 features approximately 70 photographs of regular college fixtures that serve as a reference point for the project’s architects. It includes photographs of items such as beer steins, pipes, paraphernalia of membership in social clubs, and school banners taken by Julian Burroughs, class of 1901. The pictures have been preserved by the Harvard University Archives to depict daily student life at the University at the turn of the 20th century...

Author: By Bita M. Assad, CRIMSON STAFF WRITER | Title: The Legacy of Franklin Delano Roosevelt | 2/24/2009 | See Source »

Housing world-class criminals for more than a few months can still test the limits of Colombia's prison system. Take the strange saga of Boss of Bosses Montoya, who headed the Northern Valley cartel. After he was arrested in 2007, Montoya presented such a security risk that prison officials decided to house him on a Navy ship off Colombia's Pacific Coast. But during his transfer there, clueless Colombian agents picked up the wrong prisoner, a paramilitary warlord known as Don Berna. After the confusion was cleared up, the two dons were eventually extradited...

Author: /time Magazine | Title: Colombia's Drug Extraditions: Are They Worth It? | 2/24/2009 | See Source »

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