Big Government Takes Bigger Role The housing and financial crisis convulsing the U.S. is powering a new wave of government regulation of business and the economy.
HUNTINGTON BEACH, Calif. Wailua s Malia Manuel, 14, has claimed the GO211 LIVE featuring the Women s Honda U.S. Open of Surfing over fellow Hawai i finalist Coco Ho, 17, in 2- to 3-foot surf at Huntington Beach Pier.
(From The Wall Street Journal ) The housing and financial crisis is powering a new wave of government regulation. The result is a major challenge to the deregulation that has defined U.S. governance for much of the past quarter-century since the "Reagan Revolution."
The U.S. Senate has passed a major bill to provide government support for financially troubled homeowners and two of the country's largest mortgage lenders.
(Reuters) - With White House encouragement, the U.S. Congress on Saturday gave final approval to a housing rescue bill that will backstop Fannie Mae and Freddie Mac, create tougher oversight of the mortgage finance giants and spend billions to prevent home foreclosures.
Metropolitan areas of India were on high alert Sunday after a wave of synchronized bombs that hit the western Indian city of Ahmedabad killed at least 49 people and wounded more than 114, police reported.
In the youngest women's final in the event's history, she edges fellow Hawaiian, Coco Ho, 17. The youth movement in women's surfing took center stage Saturday afternoon alongside the Huntington Beach pier.
Brett Simpson and Timmy Reyes had strong showings in their heats. HUNTINGTON BEACH Brett Simpson and Timmy Reyes led the local charge Friday at the Honda U.S. Open of Surfing. The two Huntington Beach surfers surfed strong heats in shifting conditions for wins.