Crisis In The Housing Market
12:21 am
Wed May 2, 2012

Should Banks Maintain Abandoned Properties?

An abandoned home on Chicago's South Side, which neighbor Ruben DeSantiago says attracts gang activity. DeSantiago and other neighbors mow the lawn and pick up trash because they say no one else is caring for the house.
Odette Yousef

Originally published on Wed May 2, 2012 6:49 am

Like hundreds of cities across the country, Chicago is trying to tackle the issue of too many foreclosed and vacant homes. The city is now requiring lenders to ensure that those abandoned properties are secured and maintained. Other cities have similar laws.

But the federal government is suing Chicago over its new rules in what's seen as a test case that could affect whether any city would be allowed to keep lenders on the hook for abandoned properties.

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Planet Money
12:20 am
Wed May 2, 2012

How Colleges Fight For Top Students

"My mom opened the letter and she called me and told me I got the Marquis Scholarship. And she's like, 'It's a humungous scholarship!'" -Michele Tallarita
Jacob Goldstein NPR

Originally published on Wed May 2, 2012 12:56 pm

It's a gray April evening, and two men have driven from Easton, Pa., to Manhattan. The men are administrators at Lafayette College. They're wearing solid black suits with Lafayette pins on their lapels.

They're here to see 12 students — high school seniors who have been admitted to Lafayette and are trying to decide where to go to college.

The men have come to make the students "feel that Lafayette is in their future and make them think that they'll ruin their lives if they go elsewhere," says Greg MacDonald, Lafayette's dean of admissions.

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KNAU and Arizona News
7:33 pm
Tue May 1, 2012

State regulators give Tusayan developer until August to submit water plan

The clock is ticking for an Italian developer to tell the state where it will get water for a planned real estate development near the south rim of the Grand Canyon.

The Arizona Corporation Commission recently told Stilo Development Group it has until early August to submit its water plan to state regulators.

The developer is asking the state for permission to form a water utility company.

The utility would provide water to Stilo’s planned commercial and residential developments inside the town of Tusayan and on nearby forest land.

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KNAU and Arizona News
7:27 pm
Tue May 1, 2012

Flagstaff mayoral candidates face questions about city's water future

Since its earliest days, questions about water have preoccupied Flagstaff’s city leaders.

Where to get it, how to pay for it, what to do if it runs out.

Those questions are still front and center for the City and the region. 

Arizona Public Radio’s Shelley Smithson talked to both candidates running for mayor to see how they would manage one of the city’s most precious resources. 

___

At Flagstaff’s Lake Mary Water Treatment Plant, water from snowmelt is purified before it is delivered to homes throughout the city. 

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Sweetness And Light
7:13 pm
Tue May 1, 2012

A Horse Of A Different Color

Hansen, ridden by Ramon A. Dominguez, races to the finish to win the March 3 Gotham Stakes at Aqueduct in New York.
Adam Coglianese AP

Originally published on Wed May 2, 2012 11:04 am

The 3-year-old champion colt named Hansen will not be the favorite in the Derby Saturday, but most eyes will unavoidably be upon him.

You see, in a field of chestnuts and bays, Hansen is already brilliant white. Well, technically he's a gray, but without boring you with equine pigmentation detail, thoroughbred grays — like the great Native Dancer — turn whiter as they grow older, and Hansen is simply prematurely white, sort of a four-legged Steve Martin.

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State Capitol News
5:55 pm
Tue May 1, 2012

Lawmakers Approve Budget

State lawmakers voted this afternoon on a nearly 8-point-6 billion spending plan that Democrats contend ignores critical state needs. 

Both sides agree that state revenues are on the increase. But Republicans want to bank $450 million of that against anticipated future deficits while the Democrats say there are more immediate needs. Sen. Steve Gallardo said one of those is a proposal to fund adult education programs.

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Law
5:26 pm
Tue May 1, 2012

Teammate Testifies Against Clemens In Perjury Trial

Andy Pettitte leaves the federal court in Washington, D.C., Tuesday. Pettitte took the stand in the retrial of Roger Clemens on charges that Clemens lied when he told Congress in 2008 that he had never used steroids or human growth hormone.
Manuel Balce Ceneta AP

Originally published on Wed May 9, 2012 7:44 am

If the prosecution at the Roger Clemens perjury trial hoped for a dramatic showdown on Tuesday, the day was a big disappointment. The prosecution's star witness, Clemens' friend and onetime pitching ace Andy Pettitte, provided as much, if not more, ammunition for the defense.

Clemens is charged with lying to Congress when he testified that he had never used performance-enhancing drugs.

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Afghanistan
4:36 pm
Tue May 1, 2012

A Look At The New Afghanistan Agreement

Originally published on Wed May 9, 2012 7:44 am

Transcript

ROBERT SIEGEL, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel.

AUDIE CORNISH, HOST:

And I'm Audie Cornish.

President Obama flew to Afghanistan today and signed a historic agreement on the future of the U.S. involvement in that country. The president traveled under tight security to Kabul and met with Afghan President Hamid Karzai for a signing ceremony at the palace there.

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The Two-Way
3:55 pm
Tue May 1, 2012

Live Blog: President Obama Addresses The Nation From Afghanistan

U.S. President Barack Obama delivers an address to the American people on U.S. policy and the war in Afghanistan during his visit to Bagram Air Base on Tuesday.
Kevin Lamarque AFP/Getty Images

Originally published on Wed May 2, 2012 6:14 am

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Crisis In The Housing Market
2:58 pm
Tue May 1, 2012

Time To Trade The Lease For A Mortgage?

According to the U.S. Census Bureau, homeownership rates got even closer to pre-housing boom numbers in the first quarter of 2012.
Steven Senne AP

Originally published on Wed May 9, 2012 7:44 am

This week, the U.S. Census Bureau announced that in the first quarter of 2012, the American homeownership rate hit its lowest level in 15 years. During the housing boom, millions more Americans bought homes, bumping the rate to nearly 70 percent. Now, that buying spree has been replaced with millions of foreclosures, and most of those gains have been lost.

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