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Because the ruling coalition still holds a massive majority in the more powerful Lower House, the LDP retains control of the government. Abe could still face pressure to step down from members of his own party, although for now the LDP's most bloodthirsty factions may be content with the departures of some of Abe's closest Cabinet ministers, including LDP Secretary General Hidenao Nakagawa, who appeared on TV to take responsibility for the loss and submitted his resignation late Sunday...
While Abe will likely spend the immediate future quieting dissension within the LDP, the victorious DPJ will face its own difficult choices. With control of the Upper House, the party will be able to block legislation, although the ruling coalition's two-thirds majority in the Lower House will allow it to override most opposition. DPJ leader Ichiro Ozawa could choose to throw the government into gridlock, hoping to force Abe to call snap elections. But playing parliamentary chicken is risky: such a move could prompt the public to see the DPJ as obstructionist and incapable of governing, a charge...
...exotic loans because they offered substantial initial tax deductions and freed up cash for other big-ticket purchases. "Why pull your money out of the bank for a down payment when someone is willing to give you all the money and structure payments that initially are significantly lower?" asks Johnson. With home values increasing by double digits annually, "people began buying houses they couldn't afford under the theory that the more house you buy, the more wealth you have once it appreciates," he says. "It's kind of a Ponzi scheme on a mass scale. But there...
Controversy surrounding evolution has had a similarly long shelf life. In 1925, Tennessee made it unlawful for public schools to contradict the "Divine creation of man" by teaching that man instead "descended from a lower order of animals." John T. Scopes, a high school biology teacher in Dayton, taught just that to bring the law into court. Clarence Darrow, the celebrity defense attorney, and William Jennings Bryan, three-time presidential loser and evangelical orator, headlined the opposing legal teams...
...naturally, the city is attempting to take the next step towards disincentivizing driving by imposing a fee on motorists who enter lower Manhattan on weekdays. The planned congestion tax, a brainchild of New York City Mayor Michael R. Bloomberg, has been proceeding slowly through the Albany mire that is the New York State Legislature—now, as a result of a recent political deal, its chances of approval are looking good...