Trying to Stabilize the Housing Crisis Fifteen million Americans are “underwater,” meaning they owe more on their mortgages than their homes are worth. The Obama Administration has $75 billion for a program called Making Home Affordable , but there’s widespread agreement that it’s a failure that could be making things worse.
Is Federal Action Making the Housing Crisis Better or Worse? Fifteen million Americans are "underwater," meaning they owe more on their mortgages than their homes are worth. The Obama Administration has $75 billion for a year-old program called Making Home Affordable , but there's widespread agreement that it's a failure that could be making things worse. Critics say false expectations have led people to waste money trying to stay in homes they really just can't afford. And banks have been hiding their losses. Are a vast number of foreclosures just being kicked down the road? Is a federal bailout required or should cruel financial reality be allowed to take its course? We debate an issue that's crucial to home-owning Americans, the housing industry and economic recovery.
Political appointments and the reshaping of the judiciary President Trump has the chance for a long-term impact -- not just on the US Supreme Court, but on the entire federal court system. And his nominees are likely to get the support of a massive spending campaign by donors who don't have to reveal their names. Can President Trump "pack" the federal court system?
Nationalism's appeal on both sides of the Atlantic Nationalism, Populism, concerns about immigration and outright racism are part of election campaigns from the US to Europe. We hear how today's election in Holland reflects the recent past and may forecast the future.
The 'deconstruction' of the administrative state President Trump has failed to fill high-level positions in important agencies — and some people he has named want to phase out the agencies they're supposed to lead. We look at the possible consequences for delivering services and providing security — and at top aide Steve Bannon's plans for "deconstructing the administrative state."