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The Two-Way
6:00 am
Thu July 5, 2012

Countrywide Gave Lawmakers, Officials Hundreds Of Discount Loans

Originally published on Thu July 5, 2012 7:40 am

Countrywide Financial Corp., the one-time mortgage giant, may have "skirted the federal bribery statute," but nonetheless used a VIP discount program to gain influence in Washington, a report from the Republican-led House Oversight and Government Reform Committee concludes.

We first posted on this news, broken earlier by The Associated Press and The Wall Street Journal, at 9 a.m. ET. Since then, the committee's report has been released. Read through to see our original post and the update with links and excerpts from the committee's work:

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The Two-Way
5:40 am
Thu July 5, 2012

Employers Added 176,000 Jobs In June, Survey Says

There were 176,000 jobs added to private employers' payrolls in June, according to the latest ADP National Employment Report. The gain was larger than May's 136,000, ADP says.

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The Two-Way
5:14 am
Thu July 5, 2012

KABOOM! San Diego's Entire Fireworks Show Ignites At Once

Oops. A "premature ignition" in San Diego sent an entire fireworks show off at once.
YouTube.com

Originally published on Fri March 21, 2014 2:08 pm

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The Two-Way
4:42 am
Thu July 5, 2012

Romney Says Mandate's A Tax, But Also Sides With Justices Who Say It's Not

Republican presidential candidate Mitt Romney participates during the Wolfeboro, N.H., Independence Day parade on Wednesday.
Kayana Szymczak Getty Images
  • Josh Rogers of New Hampshire Public Radio on 'Morning Edition'

There are many stories this morning about what Republican presidential candidate Mitt Romney said to CBS News on Wednesday. The conventional wisdom is that he reversed his own campaign's view to say that the so-called individual mandate in the 2010 health care overhaul is a tax, not a penalty.

There's attention being paid to what he said to CBS because many in the news media, such as The Associated Press, conclude that:

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Around the Nation
3:53 am
Thu July 5, 2012

Tweeted Picture Helps Owner Find Lost Dog

Originally published on Thu July 5, 2012 7:25 pm

Transcript

LINDA WERTHEIMER, HOST:

Good morning. I'm Linda Wertheimer. Twitter is going to the dogs. Yesterday, Patch, a Jack Russell terrier, boarded a train near Dublin. When the train staff discovered him, they posted his picture on Twitter. It was re-tweeted more than 500 times. Within a half hour, his owner saw the photo and tweeted: That's my dog. Then she opened a Twitter account for Patch, in case he should go missing again. It's MORNING EDITION. Transcript provided by NPR, Copyright National Public Radio.

Around the Nation
3:42 am
Thu July 5, 2012

VA Hospital Recuits Mental Health Providers

Originally published on Thu July 5, 2012 7:25 pm

Transcript

LINDA WERTHEIMER, HOST:

The Department of Veterans Affairs is adding staff to its hospitals to meet the mental health needs of vets of the Iraq and Afghanistan wars. As Erin Toner of WUWM in Milwaukee reports, some clinicians say the help cannot come soon enough.

ERIN TONER, BYLINE: The VA hospital in Milwaukee is a hectic place. On most mornings you have to circle the parking lots over and over to find a spot. Luckily there's valet service if patients would rather leave the parking to someone else.

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Around the Nation
3:42 am
Thu July 5, 2012

Proud Dad Ordered To Take Down Huge Sign

Originally published on Thu July 5, 2012 7:25 pm

Transcript

STEVE INSKEEP, HOST:

NPR Story
1:46 am
Thu July 5, 2012

Business News

Originally published on Thu July 5, 2012 7:25 pm

Transcript

LINDA WERTHEIMER, HOST:

NPR's business news starts with the back story on VIP loans.

(SOUNDBITE OF MUSIC)

WERTHEIMER: A former mortgage company, Countrywide, used a VIP loan program to buy influence with members of Congress, staffers and other officials, including a number at Fannie Mae, the government backed mortgage giant central to Countrywide's business. That the bottom line of a new report out today from the House Oversight and Government Reform Committee.

STEVE INSKEEP, HOST:

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NPR Story
1:46 am
Thu July 5, 2012

Power Outages Darken Many July 4 Celebrations

Originally published on Thu July 5, 2012 7:25 pm

Transcript

STEVE INSKEEP, HOST:

On the day after the Fourth, it's MORNING EDITION from NPR News. I'm Steve Inskeep.

LINDA WERTHEIMER, HOST:

And I'm Linda Wertheimer.

It was especially easy for some Americans to see the fireworks last night. They had no competing source of light.

INSKEEP: Brilliant displays lit up cities like New York and Washington, but across Maryland, Virginia and New Jersey, about a quarter of a million homes still have no electricity.

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NPR Story
1:46 am
Thu July 5, 2012

Romney: Obama's Health Mandate Is A Tax

Republican presidential candidate Mitt Romney walks with his wife, Ann, and other family members, along with Republican Sen. Kelly Ayotte, in the Wolfeboro, N.H., Independence Day parade Wednesday. Ayotte has been mentioned as a possible vice presidential contender.
Kayana Szymczak Getty Images

Originally published on Thu July 5, 2012 7:25 pm

Republican presidential challenger Mitt Romney spent his July Fourth holiday marching in a New Hampshire parade, and backtracking statements a top adviser made about the individual mandate in the Obama health care law.

There was something for almost everybody in Wolfeboro's Independence Day parade: a local brass band, bonnet-wearing Daughters of the American Revolution, a Zumba instructor shimmying across the bed of a pickup truck, and even a Jimmy Durante impersonator, complete with prosthetic nose.

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