Opinion From The Libertarians: Sotomayor Pick Based On Identity Not Merit

In picking Sonia Sotomayor, President Obama has confirmed that identity politics matter to him more than merit. While Judge Sotomayor exemplifies the American Dream, she would not have even been on the short list if she were not Hispanic.
She is not one of the leading lights of the federal judiciary, and far less qualified for [...]

GM Bondholders Ready To Reject Government Proposal – Push For Chapter 11

General Motors said Wednesday it has fallen far short of the bondholder support it needed for its proposed debt-for-stock offer, virtually guaranteeing that the nation’s largest automaker will be forced to file for bankruptcy court protection within the next five days.
The bondholders were not satisfied with the prospect of owning only 10% of the company [...]

AP/MTV Poll: College Students Feel Stressed, Depression Is More Common

Stress over grades. Financial worries. Trouble sleeping. Feeling hopeless.
So much for those carefree college days.
The vast majority of college students are feeling stressed these days, and significant numbers are at risk of depression, according to an Associated Press-mtvU poll
Eighty-five percent of the students reported feeling stress in their daily lives in recent months, with worries [...]

4 Ways to Find Cheap Student Loans

The recession has generated some unexpected silver linings in student loan options
The Wall Street collapse and the national recession have wiped out those cheap and easy $40,000 student loans that were advertised on late-night TV last year and have raised the real costs of many remaining education loans But the financial storms also have created [...]

UNDERREPORTED STORY OF THE DAY: Obama’s Stimulus Projects Won’t Amount to Major Infrastructure Overhaul

Describing the $787 billion stimulus package, President Obama evokes the 1950s construction of the interstate system, conjuring images of highways, bridges, and orange cones. “Throughout our history, there have been times when a generation of Americans seized the chance to remake the face of this nation,” he said last month. “And that’s what we’re doing [...]

US Energy Secretary Steven Chu Says Paint Your Roofs White To Save Energy

US Energy Secretary Steven Chu said Tuesday the Obama administration wanted to paint roofs an energy-reflecting white, as he took part in a climate change symposium in London.
The Nobel laureate in physics called for a “new revolution” in energy generation to cut greenhouse gas emissions.
But he warned there was no silver bullet for tackling climate [...]

Life In Afghanistan: Tragedies Are Adding Up

There are large-scale civilian deaths in Afghanistan that make headlines, and then there are the small incidents that are barely noticed at all. That was the fate of 12-year-old Benafsha Shaheem.
On May 3, she was traveling with family members from her village in western Farah province to a wedding party in the neighboring province of [...]

OVERLOOKED STORY OF THE DAY: General Casey Says US Ready To Be in Iraq For 10 years

The Pentagon is prepared to leave fighting forces in Iraq for as long as a decade despite an agreement between the United States and Iraq that would bring all American troops home by 2012, the top U.S. Army officer said Tuesday.
Gen. George Casey, the Army chief of staff, said the world remains dangerous and unpredictable, [...]

Which Colleges Leave Students With the Most Debt?

Seniors at for-profit colleges are more than twice as likely to have accumulated dangerous amounts of education loans as seniors at other kinds of four-year colleges, according to a new report.
Almost 30 percent of seniors at for-profit universities in 2008 owed at least $40,000 in college loans, an amount that could be excessive, according to [...]

Home Prices Fall By Record 19.1 percent in 1Q

Home prices fell at the fastest annual rate ever in the first quarter, but the pace of month-to-month declines continues to slow, a closely watched housing index showed Tuesday.
The Standard & Poor’s/Case-Shiller National Home Price index reported home prices tumbled by 19.1 percent in the first quarter, the most in its 21-year history.
Home prices have [...]