Word: aided
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What really irks Butler and her neighbors is that they were led to expect much more. They saw hope last summer when Congress passed the Housing and Economic Recovery Act, which seemed to promise housing relief for hundreds of thousands of homeowners like Butler via mortgage-restructuring aid. But for reasons no one in Washington has adequately explained, that part of the bill never really materialized. What foreclosure-ravaged communities got instead were slivers of a $4 billion Neighborhood Stabilization Program (NSP) fund to buy and refurbish already foreclosed homes. The city of Miami Gardens received $6.8 million, enough...
Either way, it was obvious at Tuesday night's clinic how desperately these communities need massive mortgage aid right now - and how big a challenge providing it can be. A large group of residents from a newer, more upscale Miami Gardens housing development called Coconut Cay showed up for loan relief. During the overpriced-housing boom of this decade, some of the houses went for more than $500,000 - but now a number of buyers are wrestling with more mortgage costs than their battered finances can handle. It's a reminder that rash borrowers are often as responsible...
...George W. Bush - launching American precision strikes against targets because he can't trust the Pakistani military. Instead, Obama would be wise to look to Indonesia. There, the government enlisted public opinion in the terror fight and combined it with capable police work. Rather than simply pouring unconditional U.S. aid into Pakistan and Afghanistan, Obama needs to federalize the assistance, working more closely with provincial and local leaders. And, as the U.S. did in Indonesia, in Pakistan and Afghanistan Obama should shift resources away from the regular army to fund a new, élite counterterrorism unit...
...ecological guidance from a place that has managed to become an economic giant while still embracing a conservationist ethos. Still others gravitate toward Japan because of its trendy comic books and, not least, for its generous checkbook. Even though Japan has in recent years scaled back its foreign-aid commitments, the nation is still the top bilateral donor to many developing countries, including Cambodia and Nepal...
...internationalism is rooted in personal experience, a relative rarity among Japanese politicians. In addition to studying at Stanford University and the London School of Economics, he spent time in Sierra Leone and Brazil, where he ran family mining businesses. A vocal advocate of Japan's foreign-aid efforts, Aso calls assistance for developing countries "a respectable means to export Japanese culture [and] an important means to disseminate Japanese values...