Word: whiteness
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...that the White House has laid out its plans for financial regulation, figuring out what to do with Fannie and Freddie may be the next task at hand. This week President Obama said he plans to have a proposal on what to do with the mortgage insurers by early next year. Fannie and Freddie, which guarantee to pay lenders and investors in the event that a borrower defaults, were set up by Congress. But while they were run as private companies, it was long understood that if the companies ran into trouble, the government would step in to save them...
...youths. Every state is now flush with stimulus dollars - ranging from about $3 million (in Wyoming, South Dakota and other low-population states) to $186 million (California) - to fund local job programs. Most states have started hiring, and many kids are already in their first weeks of work. The White House estimates that the stimulus money will create 125,000 jobs for low-income youths, though outside experts put the number at up to four times that. (See the 10 perfect jobs for the recession - and after...
Goforth, Sherri • regret is expressed by, not for sending out a racist email - a collage of images of the 44 presidents with Obama represented by a pair of white eyes against a black background - but merely for sending it out to the wrong list of people...
...Meanwhile, White House officials say they are content to watch this ugly phase of the process - one of many it is likely to go through before it is over - from the sidelines. "It's going to look like a mess for a few weeks," said an official. "But overall, we think this is helpful. CBO has sent a signal that everyone needed to hear: This is not just an intellectual exercise...
...streets were getting very crowded now - and there was a giddiness to the scene. It was the sort of crowd that might gather after a football victory. The Ahmadinejad supporters, dressed in the red, white and green of the Iranian flag, seemed to be enjoying the freedom as much as the more flamboyant Mousavi supporters, who were draped in green. At one point, an Ahmadinejad supporter stuck his head out the window of his car and sang a lullaby, "Mousavi - lai, lai," in response to the students chanting "Ahmadi - bye, bye." The students laughed. It was as if someone...