Bailout for Federal Housing Authority inevitable

fha bailout

FHA bailout looming.

With the government’s explicit guarantee of mortgages a bailout appears to be inevitable for the Federal Housing Authority. This should not be surprising news to anyone who follows the mortgage market closely, but a new study by Wharton finance professor Joseph Gyourko makes this conclusion clearer. As a bailout for the FHA looms, Congress will likely become enraged again — on behalf of the taxpayers they represent. What impact would an FHA bailout have on the housing finance policy debate?

 

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Routine cholesterol testing for all children recommended by U.S. panel

cholesterol testing

Children should be routinely tested for high cholesterol.

9 to 11 year old children should be routinely screened for high cholesterol so that action can be taken to avoid the development of heart disease, according to new guidelines from the U.S. National Institutes of Health.

 

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How your car could be a star witness against you in court

Car-Black-BOX

Information collected by a car block box intended to help improve federal safety standards, but increasingly it is being used in court cases.

If you are in a serious car accident and are unfortunate enough to land in court afterwards, the the star witness against you may not be an eyewitness or even a human being, it could be your car.

 

 

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Can a fetus sense it’s mother’s psychological state?

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What can a fetus sense when?

As a fetus grows, it’s constantly getting messages from its mother. It’s not just hearing her heartbeat and whatever music she might play to her belly; it also gets chemical signals through the placenta. A new study, which will be published in Psychological Science, a journal of the Association for Psychological Science, finds that this includes signals about the mother’s mental state. If the mother is depressed, that affects how the baby develops after it’s born…

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The beer that tastes like breakfast?

pink beer bacon ale

Yikes!

Continuing the tradition of making every food product ever taste like bacon, Rogue has released a beer that’s sure to be Homer Simpson approved. Called the Voodoo Doughnut, this ale is bacon maple flavored, and comes in a horrifyingly pink bottle. Getting drunk first thing in the morning never tasted so good!

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Plant with eggbeater-shaped hairs inspires new waterproof coating

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Nature provides another model for technological advancement.

Ohio State University researchers have discovered that a weed, Salvinia molesta, that clogs up the waterways of many parts of the Americas and Australia actually holds the clues to creating a new type of waterproof coating for materials — all thanks to a very unusual characteristic.

This weed has eggbeater-shaped hairs that trap air and keep the plant floating on the surface of the water — and these odd hairs have inspired a brand new type of coating for things like boats or submarines…

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Two-way ‘conversations’ possible with vegetative state patients

brain

The brainwaves were assessed using an electroencephalography (EEG) machine.

Neuroscientists discover that two-way “conversations” with people in a permanent vegetative state will be possible thanks to an inexpensive device that can read their brain activity.

 

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