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...same time, the government's loan-modification program has been disappointing: the default rate on loans modified after the third quarter of 2008 was 61%, according to a report issued in December by the Office of the Comptroller of the Currency and the Office of Thrift Supervision. All of this is expected to trigger another wave of potential home foreclosures in 2010 and could cause home prices to fall another 5% to 10% before the market stabilizes, according to analysts and economists...
...full investigation into the systems for flagging important information is ongoing, and Obama promised on Tuesday to make public over the "next few days" a summary of the preliminary report on the failures that led to the near deadly Christmas bombing plot. But there is little doubt that a new tone has been set among Obama's senior staff, which through much of 2009 was able to celebrate a number of key intelligence victories that thwarted developing threats in Denver, New York, Texas and Illinois, among other places. In the meeting with his staff, Obama used words that he would...
Although homegrown terrorism is not a widespread problem, the report's authors warn that antiterrorism policies that alienate American Muslim communities may increase the threat. "Our research suggests that initiatives that treat Muslim-Americans as part of the solution to this problem are far more likely to be successful," said David Schanzer, director of Duke University's Triangle Center on Terrorism and Homeland Security, in a statement...
...report, released on Wednesday, notes that since 9/11, 139 American Muslims have committed violent terrorist acts, been convicted on terrorism charges involving violence or been arrested with charges pending. In a statement, the report's co-author Charles Kurzman, a UNC professor of sociology, points out that fewer than three dozen of the 136,000 murders committed in the U.S. since 9/11 can be attributed to acts of terrorism by American Muslims...
Titled "Anti-Terror Lessons of Muslim American Communities," the report says the community has successfully limited radicalization by policing itself. It cites denunciations of terrorism, internal self-policing, community building, government-funded support services and political engagement as some of the ways the community has limited the spread of radicalization. "Many community leaders have come to recognize that [tackling radicalization] is a matter of survival," says Ebrahim Moosa, a professor of religion at Duke and a co-author of the report. "They know that radicalization threatens the community at large and are working hard to defeat it." The researchers recommend...