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...Obama Administration's Making Home Affordable housing program, aimed at helping struggling homeowners manage their mortgage payments. The new provisions offer cash incentives of $500 up front and up to $250 a year--as long as the loan remains current--to lenders who are willing to reduce balances, plus $250 a year for borrowers who make payments on time. In response to complaints that the initial plan did not provide enough help to homeowners underwater on "piggyback" second mortgages, the new initiative would also cut interest rates for some borrowers to as low as 1% for five years...
...figures a year," according to Simon, to the Omaha Symphony, the Omaha Performing Arts Society and Opera Omaha, among others. Simon cites a local 2007 study showing that every $1 million added to the budgets of Omaha's nonprofit arts organizations generates three times that amount in economic activity, plus $1 million in wages and salaries and almost $1 million in annual state and local taxes. Simon's executive summary: "You can't argue with those kinds of numbers ... especially when you consider the power of the arts to educate, energize and bring people together...
...universally respected for his intellect, honesty, and ability to articulate the issues, plus he is not a compromiser of principles." -Nevada federal judge Lloyd D. George (Meridian magazine...
...Obama, there is no great plus in looking back and trying to make the Democrats' adversaries from the Bush years pay with an extra pound of flesh," says Norman Ornstein, a scholar at the American Enterprise Institute. "Independents, including those who drifted over from the GOP because of their unhappiness with the rightward turn of the party - and its incompetence - are not likely to resonate to attacks, and most voters want a focus on problem-solving, meaning looking to today and tomorrow, not yesterday...
...sturdy social safety net. Kalithas Krishnan lost his job at a Swiss-owned cargo operator at Changi Airport at the end of March. Today he receives a monthly total of $260 in cash and food coupons from the Singapore Indian Development Association, one of several government-funded charities, plus $55 to defray school expenses for his 16-year-old son. This support may not sound like much, but because Krishnan has fully repaid the mortgage for his three-room public housing estate apartment, thanks in part to a government scheme that allowed him to use his retirement savings...