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...Delao, 30, can't seem to find his way into this real estate market. Five months ago, the Roseville, Calif., case worker at a social services agency decided, after years of renting, that housing prices had finally bottomed. Since then, he has made offers on four foreclosed or distressed-seller homes. And while two of his offers were above the asking price, none have been accepted. He is not the only one being rejected. Of the four houses Delao has considered, two remain unsold. He made his most recent offer in late August, and is still waiting to hear back...

Author: /time Magazine | Title: Bargain Hunters Find Foreclosures a Tough Buy | 10/29/2008 | See Source »

...Fencing is a great combination of being physically demanding and mentally demanding—it’s often likened to physical chess,” Benji Ungar, co-captain for the men’s fencing team added. This would make fencing seem like the ideal Harvard sport. Weakness in athleticism can be atoned for with a brilliant strategy, a sort of physical chess. But, out of the 41 Division I sports that Harvard offers, fencing seems to take a backseat. Yet, it is one of the best teamS on Harvard’s campus. The team is consistently...

Author: By Stephanie Krysiak, CONTRIBUTING WRITER | Title: Fencers Ready for Season, National Success | 10/29/2008 | See Source »

Ironically, publishers don't seem too concerned that the financial crisis might clip their Christmas sales. "It's extremely logical [for us] to buy books by prominent authors about a story this major, especially if we think those books aren't competitive with each other," says Adrian Zackheim, president and publisher of Portfolio. "We'd rather have people of prominence writing for us than one of our competitors." The books will come out at different times - Nocera and McLean's book isn't due until 2010 - and the writers' voices will make them distinguishable, he says...

Author: /time Magazine | Title: The Next Wall Street Tsunami — of Financial Books | 10/28/2008 | See Source »

...failed to realize that, assuming instead that you could stabilize carbon concentration simply by capping carbon emissions at their current level. That's not the case - and in fact, pursuing such a plan for the future would virtually guarantee that global warming could spin out of control. It may seem to many like good common sense to wait until we see proof of the serious damage global warming is doing before we take action. But it's not - we can't "wait and see" on global warming because the climate has a momentum all its own, and if we wait...

Author: /time Magazine | Title: What the Public Doesn't Get About Climate Change | 10/28/2008 | See Source »

...Obama is the master of giving people some of what they want, enough to make the common ground seem sufficiently hospitable for them to agree to try it out for a while. So where one hand giveth, the other hand holds the price tag. Yes, we need to give troubled kids better opportunities, he says, but parents have to turn off the TV and weigh in and get involved. Yes, the government needs to drive an alternative-energy economy, but we have to turn off the lights and turn down the heat. Yes, we can argue, but we also have...

Author: /time Magazine | Title: Obama Tries to Close the Deal in Pittsburgh | 10/27/2008 | See Source »

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