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NPR Story
3:36 am
Fri November 16, 2012

Federal Housing Administration To Run Out Of Funds

Originally published on Fri November 16, 2012 4:17 am

Transcript

STEVE INSKEEP, HOST:

NPR's business news starts with more mortgage problems.

(SOUNDBITE OF MUSIC)

INSKEEP: Independent auditors released a report this morning, showing that the Federal Housing Administration is facing a shortfall from losses on the mortgages it insures. The Obama administration says it's going to take steps to prevent a taxpayer bailout.

As NPR's Ailsa Chang reports, the FHA has been struggling since the foreclosure crisis hit four years ago.

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NPR Story
3:36 am
Fri November 16, 2012

Egypt Tries To Broker Cease-Fire In Gaza Strip

Originally published on Mon November 19, 2012 1:09 pm

Transcript

LINDA WERTHEIMER, HOST:

This is MORNING EDITION, from NPR News. I'm Linda Wertheimer.

STEVE INSKEEP, HOST:

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Planet Money
2:37 am
Fri November 16, 2012

It's Legal To Sell Marijuana In Washington. But Try Telling That To A Bank.

David McNew Getty Images

Originally published on Mon November 19, 2012 1:03 pm

Voters in Washington and Colorado just approved measures legalizing marijuana for recreational use. But businesses that want to sell marijuana in those states will face a problem: No bank wants to do business with them.

I called several banks in Washington. I called a local credit union, a tiny bank in the San Juan islands. Everybody said basically the same thing. Even if selling marijuana is legal under state law, it's still illegal under federal law. And banks and credit unions worry that this could get them in trouble.

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It's All Politics
2:26 am
Fri November 16, 2012

In California, 'Republican' Is Becoming A Toxic Label

Citizens vote in Los Angeles County on Nov. 6.
Frederic J. Brown AFP/Getty Images

Originally published on Fri March 21, 2014 3:12 pm

If the election results were disappointing for Republicans nationally, they were devastating for the GOP in California.

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Superstorm Sandy: Before, During And Beyond
2:25 am
Fri November 16, 2012

Want To Help Sandy Victims? Send Cash, Not Clothes

Volunteers sort through donated clothes in Sea Bright, N.J.
Pam Fessler NPR

Originally published on Fri November 16, 2012 3:47 am

Whenever there's a disaster, people want to give, and Hurricane Sandy is no exception. According to The Chronicle of Philanthropy, U.S. charities collected more than $174 million in donations as of Nov. 9 to help respond to the storm.

But it's not only money that has been pouring in. Relief programs have also received mountains of clothes, food and other supplies, not all of which are needed.

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