Originally published on Wed September 19, 2012 1:09 pm
We've been giving a lot of virtual ink to the problem of food insecurity lately — the challenges people face when they frequently can't put enough food on the table. And sometimes it seems like an insurmountable problem.
Over the weekend, the United States Treasury said it has plans to sell $18 billion worth of American International Group stocks. During the financial crisis in 2008, the government pumped $182 billion into AIG stock to keep it from collapsing.
Reuters reports, this morning, that AIG shares fell 1.5 percent because of the news. Reuters adds:
"AIG itself will buy back $5 billion of its own shares in the upcoming stock sale, with the rest of the shares going to the broader public.
Originally published on Mon September 10, 2012 12:51 pm
After the terror attacks on 9/11, a public opinion survey by the Chicago Council on Global Affairs showed widespread support for increased spending on national security and counterterrorism. A decade later, a new survey shows that "Americans have become increasingly selective about how and where to engage in the world."
Public school teachers in Chicago walked off the job Monday after failed contract negotiations with the city. Chicago Mayor Rahm Emanuel called the strike "unnecessary." In a piece for CNN.com, Chris Rhomberg, sociology professor at Fordham University, argues that America would be better off with more strikes.
This is TALK OF THE NATION. I'm Neal Conan in Washington. After five years of plunging prices and spiraling foreclosures, maybe, just maybe, the bubble's stopped bursting. Home prices are beginning to rebound in many parts of the country. Recent reports show fewer foreclosures in several hard-hit states.