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Oct 16 2010
Morning Shinbun Saturday October 16
For foreclosure processors hired by mortgage lenders, speed equaled money
By Ariana Eunjung Cha and Zachary A. Goldfarb
Washington Post Staff Writers
Saturday, October 16, 2010; 12:57 AM
Millions of homes have been seized by banks during the economic crisis through a mass production system of foreclosures that was set up to prioritize one thing over everything else: speed.
With 2 million homes in foreclosure and another 2.3 million seriously delinquent on their mortgages – the biggest logjam of distressed properties the market has ever seen – companies involved in the foreclosure process were paid to move cases quickly through the pipeline.
Oct 15 2010
Morning Shinbun Friday October 15
Tea Party set to win enough races for wide influence
Nominees have performed better than expected in many cases
By KATE ZERNIKE
Enough Tea Party-supported candidates are running strongly in competitive and Republican-leaning Congressional races that the movement stands a good chance of establishing a sizeable caucus to push its agenda in the House and the Senate, according to a New York Times analysis.
With a little more than two weeks till Election Day, 33 Tea Party-backed candidates are in tossup races or running in House districts that are solidly or leaning Republican, and 8 stand a good or better chance of winning Senate seats.
Oct 14 2010
Morning Shinbun Thursday October 15
Foreclosures hit post-bust peak in third quarter
288K homes affected, but many could now be challenged in court
By ALEX VEIGA
Lenders seized more U.S. homes this summer than in any three-month stretch since the housing market began to bust in 2006. But many of the foreclosures may be challenged in court later because of allegations that banks evicted people without reading the documents.
A total of 288,345 properties were lost to foreclosure in the July-September quarter, according to data released Thursday by RealtyTrac Inc., a foreclosure listing service. That’s up from nearly 270,000 in the second quarter, the previous high point in the firm’s records dating back to 2005.
Oct 12 2010
Morning Shinbun Tuesday October 12
Chile prepares for attempt to rescue 33 miners
An attempt to rescue 33 miners trapped underground in Chile will begin at midnight on Tuesday (0300 GMT), Mining Minister Laurence Golborne has said.
The BBC 12 October 2010
A test of the steel rescue capsule was earlier carried out successfully, descending almost the whole way down a 622m (2,040ft) shaft, engineers said.The men were trapped in the San Jose mine by a tunnel collapse on 5 August.
Correspondents say there is a sense of excitement on the surface, with the miners’ families counting the hours.
Journalists have flocked to the mine from all over the world to see the freed men emerge from their two-month ordeal.
Oct 11 2010
Morning Shinbun Monday October 11
How big government should be stirs debate
By Susan Page, USA TODAY
WASHINGTON – Americans are having a crisis of confidence in their government.
A majority in a new USA TODAY/Gallup Poll disapprove of the jobs President Obama and Congress are doing and have unfavorable views of both major political parties. Only half express even a fair amount of trust and confidence in the people who hold or are running for public office. Just one in four are satisfied with the way the nation is being governed.Meanwhile, six in 10 Americans say the government has too much power, and nearly half agree with this alarming statement: “The federal government poses an immediate threat to the rights and freedom of ordinary citizens.”
Oct 10 2010
Morning Shinbun Sunday October 10
Breakthrough! Now for 33 very careful rescues
As they say all over Chile: ‘Fuerza mineros!’ – strength to the miners. Guy Adams reports from Camp Hope at San José mine
Sunday, 10 October 2010
Punching the air, as bells and car horns rang out over the San José mine, and grinning from ear to ear, Roxanna Gomez rose from the chair where she’d spent yet another nervous night waiting by the campfire and hugged her family in celebration of a moment they scarcely dared to believe had actually arrived.Shortly after dawn, 66 days after a rockfall trapped her father, Mario, and 32 of his colleagues half a mile beneath the surface of a remote Chilean mine, a team of rescue workers rushed into the tent city they’ve been calling Camp Hope to announce that a drill had finally broken through to the cavern where the men are trapped.
Oct 09 2010
Morning Shinbun Saturday October 9
Gunmen in Pakistan torch nearly 30 NATO fuel tankers
Attacks continue as Khyber Pass border crossing remains closed
By Gul Yusufzai
msnbc.com news services
QUETTA, Pakistan – Gunmen in southwestern Pakistan set fire to nearly 30 tankers carrying fuel for NATO troops in Afghanistan on Saturday, an official said.
The attack came two days after the United States apologized to Pakistan for an air raid that killed two Pakistani soldiers and which led Pakistan to close the famous Khyber Pass border crossing.
Oct 08 2010
Morning Shinbun Friday October 8
Nobel Peace Prize awarded to China dissident Liu Xiaobo
Jailed Chinese dissident Liu Xiaobo has been named the winner of the 2010 Nobel Peace Prize.
The BBC 8 October 2010
The award, announced in Norway’s capital Oslo, is certain to anger Beijing, which had earlier warned against the move.Norwegian Nobel Committee president Thorbjoern Jagland said Mr Liu was “the foremost symbol of the wide-ranging struggle for human rights in China”.
Mr Jagland earlier admitted he knew the choice would be controversial.
He told local television before the announcement: “You’ll understand when you hear the name.”
‘Curtailed freedom’
During the announcement of the award, Mr Jagland said China’s new status in the world “must have increased responsibility”.He said that in practice the freedoms enshrined in China’s constitution had been “distinctly curtailed for many of China’s citizens”.
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