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...Compounding that problem, from a businessman's point of view, is the way the Obama Administration treats Fannie and Freddie as part of the federal government. James Lockhart, the director of their new overseer, the Federal Housing Finance Agency, has said they are to act as an "arm" of the Treasury Department - even though they are still, technically, for-profit, publicly traded companies. From a moratorium on foreclosures to a program to purchase and guarantee home loans for more than what the houses are worth, the agencies have taken steps that are greatly influenced by the goals of policy makers...

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

...phenomenon is akin to the exhaustion of self-control - that is, one act of self-control weakens your ability to commit to another. For example, people who never touch a drop of alcohol during the week may be more inclined to go nuts on weekends, or someone who successfully resists buying a new jacket one day may be twice as likely to spring for a pair of shoes the next. As with all behaviors that seem hardwired into us, the best solution - maybe the only solution - might simply be to remain vigilant...

Author: /time Magazine | Title: Dieter Self-Control: Why You Make Bad Choices | 4/22/2009 | See Source »

About 80 percent of the stimulus plan, which was announced in February, has been allotted for education. The funds that Cambridge will receive come from two sources: the Individuals with Disabilities Education Act, which supports special education initiatives, and Title I, the portion of the Elementary and Secondary Education Act that addresses the needs of disadvantaged students...

Author: By Sofia E. Groopman and Michelle L. Quach, CRIMSON STAFF WRITERSS | Title: School Stimulus Package Announced | 4/22/2009 | See Source »

...Meanwhile, the No Child Left Behind Act has led to steady if modest improvement in education performance (especially among minorities), which is needed to prepare Americans for the 21st-century jobs that will lead us out of recession. Private health care and Medicare benefits also increased substantially under President Bush. Incidentally, they are the reason that wages, which are only part of employee compensation, were supposedly stagnant under his administration. Productivity expanded, in part because Bush avoided dangerous policies like card-check, which President Obama, in the middle of a recession, now foolishly advocates. Finally, the administration?...

Author: By Colin J. Motley | Title: Deconstructing Deregulation | 4/21/2009 | See Source »

...same time, the Department will soon face an entirely new array of issues that could create tensions with civil libertarians. Three key provisions of the controversial Patriot Act are set to expire at the end of this year, dealing with the government's ability to monitor the movements of so-called "lone wolves" (suspects who are not tied to a particular organization), handle roving wiretaps and obtain records with minimum court supervision. Congressional Democrats are also likely to push for a review of the Federal Bureau of Investigation's use of so-called "national security letters," which allow the bureau...

Author: /time Magazine | Title: Civil-Liberties Advocates Dismayed By Obama's Moves | 4/21/2009 | See Source »

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