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...Obama Administration is gearing up to play hardball with mortgage companies that only temporarily lower struggling homeowners' monthly payments. But as the drive to make more loan modifications permanent kicks off, there's a weightier question to ask: Can the government's $50 billion foreclosure-prevention initiative deal with the crisis as it now exists...

Author: /time Magazine | Title: Why the Loan-Modification Program Isn't Working | 12/4/2009 | See Source »

...poll, which was conducted in November of this year, showed Obama with a 58 percent approval rating on his overall job performance, but on individual issues such as health care, the economy, Iran, and Afghanistan, approval ratings were lower. The President saw approval ratings of 44 percent for both health care and the economy, and approval ratings of 42 and 41 percent for the government’s involvement in Iran and Afghanistan, respectively...

Author: By Shaomin C. Chew, CONTRIBUTING WRITER | Title: IOP Polls Show Drop In Obama Approval | 12/4/2009 | See Source »

...controversy in Toranagallu raises questions about the effectiveness of CDM projects and the wisdom of relying on the carbon market to combat climate change. While carbon trading has helped lower overall global emissions, some argue the CDM system has significant flaws that need to be addressed in Copenhagen. One problem, critics say, is that the mechanism is subject to manipulation and creates undeserving winners. For example, the U.N. body in charge of managing carbon trading reportedly has suspended approvals that would have awarded credits for the construction of dozens of wind farms in China. Projects only qualify for credits...

Author: /time Magazine | Title: An Indian Village Sees the Downside of Carbon Trading | 12/3/2009 | See Source »

...This amendment would prevent federal dollars from subsidizing any health-insurance plan that covers abortion outside of rape, incest, or medical risk to the mother. The main argument put forward against the amendment is that it is, as this page put it, “an outrageous curtailing of lower income women’s right to choose.”  By this argument, in depriving these women of their “right to choose,” the Stupak amendment would force women to seek unsafe abortions that would risk their lives...

Author: By NICOLAS R. P. LEWINE | Title: Stumping for Stupak | 12/3/2009 | See Source »

...most. Students from low-income backgrounds who go into corporate law after graduation will no longer be low-income students when they are paying back their loans. Monetary resources should be directed toward those who will actually have difficulty with loan repayment, and that will be students in lower-paying public sector jobs...

Author: By The Crimson Staff | Title: The Public Option | 12/3/2009 | See Source »

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