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...interviews were conducted via telephone by Opinion Research Corp. Sept. 7-9, 2008. The Michigan, Missouri and Virginia surveys have an error margin of 3 percentage points, while New Hampshire's is 3.5 percentage points...
Sounds great. But who will get the development money that all of Washington now seems keen to send east? Christine Fair, a Pakistan expert with the Rand Corp. in Washington, argues that without a reformer in charge in Islamabad, programs such as Biden-Lugar will be "throwing good money after bad." The problems, she says, are systemic. Improving training for police officers won't help until their wages are boosted to make them less vulnerable to bribes--but that would require reforming police pay, which in turn would call for extensive civil-service reform. "That's the problem with Pakistan...
Fannie Mae began life in 1938 as the Federal National Mortgage Association, a New Deal government agency, and was privatized in 1968 to get its debts off the government's books. Two years later, Congress created Freddie Mac, the Federal Home Loan Mortgage Corp., in part to give Fannie some competition. The firms became odd hybrids--government-sponsored enterprises (GSES) accountable to private shareholders. And they got away with holding only tiny capital reserves to insure against losses in their giant portfolios--partly because of their quasi-governmental status and partly because mortgages were supposed to be safe...
...accurate estimates of the cost of the savings-and-loan crisis of the 1980s. The S&L experience is instructive: the cost estimates started low (Ely's first guess was $25 billion), then eventually grew to $500 billion. The actual price tag, as calculated by the Federal Deposit Insurance Corp. (FDIC) long after the fact: $123.8 billion, or about 2% of annual GDP during the bailout years. That's equivalent to $286 billion today...
Much bigger deals are in the works, and the competition will be fierce. Among the leading contenders: Lockheed Martin, Accenture and Computer Sciences Corp. By Dec. 31, CBP is required by law to fingerprint all visitors with visas at the 50 busiest land crossings along the Canadian and Mexican borders. The remaining 100 or so land-crossing points must be covered by the end of 2005. This year the State Department's 211 consular offices must be able to fingerprint all visa applicants and embed all U.S. visas with a bar code containing the traveler's digitized print, photo...