4:46am

Thu July 5, 2012
Business

Business News

Originally published on Thu July 5, 2012 10:25 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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4:46am

Thu July 5, 2012
Business

EX-Barclays CEO Apologizes To British Panel

Originally published on Thu July 5, 2012 10:25 pm

Transcript

LINDA WERTHEIMER, HOST:

In Britain today, parliament continues its hearing on the interest rate scandal at Barclays Bank. This week, several of the bank's top executives resigned, including the chief executive, Bob Diamond. Yesterday, parliamentarians quizzed Diamond for three hours.

NPR's Philip Reeves is in London, where he says outrage is growing.

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4:46am

Thu July 5, 2012
Election 2012

Romney: Obama's Health Mandate Is A Tax

Originally published on Thu July 5, 2012 10:25 pm

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

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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Gwen Thompkins is a New Orleans native, NPR veteran and host of WWNO's Music Inside Out, where she brings to bear the knowledge and experience she amassed as senior editor of Weekend Edition, an East Africa correspondent, the holder of Nieman and Watson Fellowships, and as a longtime student of music from around the world.

3:15am

Thu July 5, 2012
Southword

Meet Al Black: Florida's Prison Painter

Originally published on Thu July 5, 2012 10:25 pm

Al Black is one of Florida's 26 officially recognized "Highwaymen" — a loosely affiliated group of artists who began painting in the 1960s, some of whom are still at it today.
Courtesy of Gary Monroe

In the 1960s, Al Black could be found cruising up and down Route 1 in his blue-and-white Ford Galaxy — with a trunk full of wet landscape paintings.

At the time, he was a salesman who could snatch your breath away and sell it back to you. As artist Mary Ann Carroll puts it, he could "sell a jacket to a mosquito in summer."

"A salesman is a con-man," Black readily admits himself today. He's a storyteller. And does he have stories to tell.

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3:13am

Thu July 5, 2012
Dead Stop

Beyond The Music In St. Louis Cemetery No. 2

Originally published on Thu July 5, 2012 10:25 pm

Ernie K-Doe poses outside his Mother-In-Law Lounge during Jazz Fest in New Orleans in 2001. He died a few months later and was buried in St. Louis Cemetery No. 2.
Pat Jolly AP

There's so much water in, around and underneath New Orleans, that the dead spend eternity in tombs above ground.

Most of the tombs now have a similar design: On top, there's space for a wooden coffin or two, and at the bottom lies a potpourri of decanted family remains. Sooner or later, whoever is up high must vacate and settle lower, making room for the newly dead. That's how families stay together — in a desiccated jumble of grandpas, grandmas, siblings and cousins.

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3:13am

Thu July 5, 2012
Revolutionary Road Trip

In Libya's Shifting Sands, Kids Try To Find Their Way

Originally published on Thu July 5, 2012 10:25 pm

Three students outside the Science College of Benghazi University. They say they expect to have opportunities in Libya that would not have been possible when Moammar Gadhafi was in power.
John W. Poole NPR

In a stretch of sandy wasteland, Hisham Sadowi, 12, smacks a tee shot across a makeshift golf course in Benghazi, Libya.

On this course with no grass, local rules allowed him to place the ball on a little square of artificial turf he carries around.

Hisham dreams of becoming a professional golfer, and he stops briefly to speak to us. We asked him who his favorite golfer is.

"Tiger Woods," he exclaims.

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3:09am

Thu July 5, 2012
Around the Nation

New Orleans Struggles With Murder Rate, And Trust

Originally published on Thu July 5, 2012 10:25 pm

Sgt. Miro Brekalo talks with residents in New Orleans' Gentilly neighborhood, as other officers walk their beat. Their goal isn't only to stop crime; it's also to connect with citizens who are often reluctant to report crimes.
Debbie Elliott NPR

New Orleans now has the highest per capita murder rate in the country. Most of the killings are concentrated in the city's poorest neighborhoods — places like Central City, just a few blocks north of the stately mansions that line St. Charles Avenue.

The city's mayor is launching a new program aimed at cracking what he describes as a deeply rooted culture of violence. But victims complain that a failed criminal justice system has left the streets to vigilante justice, with innocent residents caught in the crossfire.

A Wounded Neighborhood

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3:07am

Thu July 5, 2012
Around the Nation

'Black Eden,' The Town That Segregation Built

Originally published on Thu July 5, 2012 10:25 pm

The Idlewild Club House, Idlewild, Mich., September 1938.
Robert Abbott Sengstacke Getty Images

Sometimes history is made in the most unlikely of places.

This summer, the community of Idlewild, Mich., once known as America's "Black Eden," is celebrating its centennial — and its place in American history.

Located about 30 miles east of the larger resort city of Ludington, tucked away in the woods of the Huron-Manistee National Forests, the town was once a go-to spot for summer vacations. It was a resort unlike any other in the United States, however, and was, in essence, the town that segregation built.

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3:06am

Thu July 5, 2012
Planet Money

The Farmer And The Commerce Clause

Originally published on Thu July 5, 2012 10:25 pm

The U.S. Supreme Court, 70 years after rejecting Roscoe Filburn's bid to limit the federal government's power to regulate commerce.
Chip Somodevilla Getty Images

Last week's Supreme Court ruling on the health care law might have made Roscoe Filburn a little happier.

Filburn was an Ohio dairy farmer who had a beef with the federal government, one he took to the U.S. Supreme Court in 1942. He lost.

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