News and Issues

Fed Governor Sarah Bloom Raskin: "Many of the darkest manifestations of the financial crisis have finally begun to diminish: the boarded-up homes with overgrown lawns, the half-built skyscrapers, the 'We Buy Houses Cheap' signs planted at exit ramps, the eviction notices nailed to front doors. But even as the economy comes back to life, our memory of these events is still sharp and the reputational damage suffered by US financial institutions during the crisis endures." more »

Editor's Note: The audience was surprised to see the First Lady (appropriately dressed in a silvery gown by Naeem Khan) present the Best Picture Oscar to Argo, appearing via satellite from the White House last night. This morning we viewed her on C-Span addressing the nation's governors about a much different and very important subject: more »

Joan L. Cannon writes: The wakeup call was the realization of how much we were still using that's intended to be disposable and can't be reused. The hundredweight of magazines and catalogs astonished me every time we loaded the trunk of the car. Then there was the prohibition on dry cat food pronounced by our vet. You don’t know what it’s like to collect aluminum cans until you’ve fed a voracious feline for a month on wet food. more »

 In past versions of the News IQ test, Republicans have often outperformed Democrats and independents, but that was not the case with the current quiz. Overall, Republicans on average answered 8.7 items correctly, no different than Democrats (8.6) and independents (8.7). Democrats (47%) were more likely than Republicans (37%) to recognize a photo of Elizabeth Warren, the new senator from Massachusetts. Other partisan differences were very small. more »