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Foreclosures Rise, And Adjustable Loans are Partly to Blame

By David Darman on Tuesday, March 27, 2007.

The Federal government reports that sales of new homes have declined for two months in a row.

Meanwhile in New Hampshire, news of a sales decline comes after reports that twice as many houses went to foreclosure in the first few months of 2007 than did during the same period last year.

That increase has been blamed on a preponderance of subprime loans.

Those are high interest, high fee mortgages that some lenders have made available to people with risky credit ratings.

But there’s evidence that more conventional loans have also played a part in the sharp rise in foreclosures.

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Japanese Contemporary Theater Photos (4/4)


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A scene from the play Komachi. (Courtesy Masaru Miyauchi)

A scene from the play Komachi.

listen: No audio currently available. Order on CD (pdf).

Japanese Contemporary Theater Photos (3/4)

listen: No audio currently available. Order on CD (pdf).

Japanese Contemporary Theater Photos (2/4)


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A scene from the play Aoi. (Courtesy Masaru Miyauchi)

A scene from the play Aoi.

listen: No audio currently available. Order on CD (pdf).

Japanese Contemporary Theater Photos (1/4)

main

next

A scene from the play Aoi. (Courtesy Masaru Miyauchi)

A scene from the play Aoi. (Courtesy Masaru Miyauch

listen: No audio currently available. Order on CD (pdf).

Edgy and Classic: Japanese Contemporary Theater

By Liz Bulkley on Tuesday, March 27, 2007.

One of Japan's most provocative playwrights, Takeshi Kawamura, is presenting two classic tales from Japan's literary past in the US this Spring. "Aoi" is a surreal story of jealousy and murder, and is set in a hair salon. "Komachi" a postmodern twilight zone that plays tricks with past and present. Both one-act plays are being produced by a Japanese troupe at Dartmouth College's Hopkins Center. We'll talk about the role of history and suspence with Yoko Shioya, the Program Director at the Japan Society and also with Dennis Washburn, Chair and Professor of Japanese and Comparative Literature at Dartmouth College.

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The New Hampshire Governor's Two Year Term

By Laura Knoy on Tuesday, March 27, 2007.

New Hampshire and Vermont are the only two states that have a two year term for the Governor's Office. Some say that this provides for better accountability and forces the Governor to act more expeditiously on matters while others say that the short term weakens the office, requiring the Governor to spend a lot of time campaigning for their next term and not allowing them to get things done. We'll look at the history behind the New Hampshire and New England style of government, why it is the way it is and why it has not changed despite several legislative attempts over the years to expand the governor's term from two years to four years. Laura's guests are Drew Cline, Editorial Page Editor for the New Hampshire Union Leader and Sunday News; Stu Wallace, Associate Professor of History at the New Hampshire Institute of Technology and Dayton Duncan, Historian, longtime NH political observer and Chief of Staff to Democratic Governor Hugh Gallen from 1979 to 1982. We'll also hear from former New Hampshire Governor Jeanne Shaheen, who is currently Director of the Institute of Politics at Harvard's Kennedy School of Government.

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