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...deep a price cut, especially with housing prices so depressed right now, it could force surrounding property values further down and instead exacerbate neighborhood destabilization. That's another reason many cities would have preferred a focus on efforts to prevent foreclosure and keep existing families in those homes. Another problem is that the NSP is tacitly obliging cities to become property managers, something "local governments just aren't set up to do," says Shank, whose organization is also a licensed lender and mortgage broker that helps cities acquire and resell foreclosed homes in situation like this. "It's not their...

Author: /time Magazine | Title: Grass-Roots Efforts Aim to Ease the Foreclosure Crisis | 11/20/2008 | See Source »

...Another problem for the movement is that the unchecked judicial activism that had recently propelled the cause forward is part of what is pushing it back. A major reason that Proposition 8 passed in California this election-cycle is that voters were responding to a decision that had been made quite suddenly by a handful of activist judges on the California Supreme Court. California has always been at the frontier of gay rights, and the state may have been well on its way toward ratifying same-sex marriage statewide. But the lack of patience on the part of gay marriage...

Author: By Lucy M. Caldwell | Title: Misguided Activism | 11/19/2008 | See Source »

...years later, major health-care reform still hasn't happened, but Daschle is now well positioned to change that as President-elect Barack Obama's reported pick for Secretary of Health and Human Services (HHS). The former Senate Democratic leader has an understanding of the nation's health-care problem that comes not just from Senate hearing rooms or staff briefings. Daschle has seen, as few in Washington have, the particular toll that the broken system has taken on rural America. When I went to South Dakota 15 years ago to do a story on the problem, Daschle drove...

Author: /time Magazine | Title: Daschle Could Be a Boost to Obama's Health-Care Agenda | 11/19/2008 | See Source »

...Since then no other solutions have emerged. On the contrary, the problem has only gotten worse, with the number of uninsured Americans rising, along with soaring health-care costs. Fully 15% of the nation's economy now goes toward health care, while nearly 50 million Americans lack coverage. All the while, Daschle, now 60, has continued to work on and speak out for health-care issues...

Author: /time Magazine | Title: Daschle Could Be a Boost to Obama's Health-Care Agenda | 11/19/2008 | See Source »

...Caribbean having become historical fantasy. Suddenly, however, old-fashioned "Jolly Roger" piracy has hoisted itself as a distinctly modern-day menace, playing out every week off the eastern coast of Africa. At least 88 ships have been attacked in the Gulf of Aden alone this year. The problem would not pose too difficult a problem for the modern military forces of the world to solve - except that there has been no political will thus far to launch a campaign against these pirates...

Author: /time Magazine | Title: Defending Against the Pirates | 11/19/2008 | See Source »

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