Peter Wallison, a conservative voice in the world of fiscal policy, sees signs of another housing bubble. He points to the growing gap between owning versus renting, and to a return to no-money-down mortgages.
He recently wrote a much-commented-upon opinion piece in the New York Times entitled “The Bubble is Back.” But unlike his most of colleagues on the 2011 Fiscal Crisis Inquiry Commission, Wallison blames government housing policy for the last bubble.
Last fall, curators and interns at the New York State Museum were digging through their audio archives in an effort to digitize their collection. It was tedious work; the museum houses over 15 million objects. But on this particular day in November, they unearthed a treasure.
... That's the message received from a bleary-eyed comet-chasing space probe on Monday, much to the relief of ground-based controllers who sent it a long distance wake-up call after nearly a three-year nap.
The European Space Agency received the communique from deep space on schedule at 1 p.m. ET from Rosetta, some 500 million miles away on a trajectory to rendezvous with comet 67P/Churyumov-Gerasimenko in August. It's been in sleep mode to conserve power.
You may have heard of Omar Offendum, the 31-year-old Syrian-American rapper who made a song about the Arab Spring called #Jan25 that was released just days before the overthrow of Egypt’s Hosni Mubarak.
Now, he’s focusing his music on his parents’ home country of Syria. He joins Here & Now’s Robin Young to discuss his music and what it’s been like to watch the conflict from the U.S.
Alcoholics Anonymous is commonly considered the gold standard for helping people control their drinking problems.
But there’s a growing school of thought that there are problem drinkers who can cut back — as opposed to severely dependent drinkers who must cut out drinking altogether. There are new tools, such as medication and online support.
Originally published on Mon January 20, 2014 1:52 pm
NATO forces repelled a Taliban attack on a Western base today in the Southern Afghan province of Kandahar that killed one coalition soldier. All nine Taliban fighters, along with two Afghan civilians were killed in the battle.
That attack comes after a suicide bombing on Friday in Kabul that killed 21 people, 13 of them foreigners. NPR’ Sean Carberry tells Here & Now’s Meghna Chakrabarti that the attack was “unprecedented.”
Originally published on Mon January 20, 2014 3:34 pm
New Jersey's Lt. Gov. Kim Guadagno is firing back at Hoboken Mayor Dawn Zimmer, who says Superstorm Sandy recovery funds to her city were held up when she refused to sign off on a politically connected real estate deal.
Zimmer said over the weekend that during a mall opening event in May, Guadagno pulled her aside to say she needed to "move forward" on the real estate deal or "we are not going to be able to help you."
Zimmer says she asked the state for $100 million in aid. She received around $142,000.
Martin Luther King may not have had a vote in Congress, but he and the movement he helped lead were integral to getting the civil rights bill introduced. This year marks the 50th anniversary of the passage of that bill, now known as the Civil Rights Act.
Among other things, the act outlawed discrimination in public accommodations — including restaurants, hotels and motels — ending the era of legal segregation in those places.
For someone who came to piano rather late, at 17, Lafayette Gilchrist has dug deep into its history. He loves the old piano professors who'd pack the punch of a dance band into two hands at the keyboard. Players like Eubie Blake, James P. Johnson and Willie "The Lion" Smith could keep going for hours without exhausting their folkloric materials.
Originally published on Mon January 20, 2014 1:46 pm
This post was updated at 11:40 a.m. ET.
The United States and European Union say they will lift some sanctions against Iran after reports from international inspectors that Tehran has suspended high-level enrichment of uranium under an interim pact to scale back its nuclear program.
Originally published on Tue January 21, 2014 3:06 am
This post was updated at 4:35 p.m. ET.
U.N. Secretary-General Ban Ki-moon has withdrawn an invitation to Iran to participate in Syrian peace talks after groups opposing President Bashar Assad's regime threatened a boycott of the discussions if Tehran got a seat at the table.
Originally published on Mon January 20, 2014 1:38 pm
American missionary Kenneth Bae, who's been held for more than a year in North Korea following his arrest and trial on espionage charges, spoke to reporters for Western media on Monday, calling for the U.S. government to help win his freedom.
Originally published on Mon January 20, 2014 1:10 pm
Lots of consumers are smitten with local food, but they're not the only ones. The growing market is also providing an opportunity for less experienced farmers to expand their business and polish their craft.
But they need help, and increasingly it's coming from food hubs, which can also serve as food processing and distribution centers. The U.S. Department of Agriculture estimates that there are about 240 of them in more than 40 states plus the District of Columbia.