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2:54 pm
Tue January 31, 2012

For Hungarian Borrowers, A Mortgage Nightmare

Originally published on Tue January 31, 2012 7:16 pm

Since the U.S. housing bubble burst, many Americans have found themselves struggling to pay off mortgages that are worth more than their homes.

Now, imagine if those mortgages were in a foreign currency that has soared in value compared with the domestic currency — the one in which paychecks are issued.

As Hungary's currency plummets to record lows, this is exactly the plight of some 1 million Hungarians, who, during better financial times, took out mortgages and consumer loans in Swiss francs.

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It's All Politics
1:55 pm
Tue January 31, 2012

Campaigns Embrace Twitter: Who Let The Snark Out?

Credit Pete Souza / White House
President Obama traveled in the presidential limo with his dog, Bo. Adviser David Axelrod tweeted this photo from the White House Flickr account to tweak the Romney campaign.

O, for the love of Fido. In the messaging wars between presidential campaigns, there's no hiding the women (Newt Gingrich's ex-wife) or the children (as school janitors), and now not even the pets.

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Shots - Health Blog
1:26 pm
Tue January 31, 2012

Many In High-Risk Insurance Pools Face Lifetime Coverage Limits

Credit iStockphoto.com

Thanks to the health care overhaul, most people no longer have to worry about getting sick and running out of health insurance coverage.

The law eliminated lifetime limits, which ran in many plans from $1 millon to $2 million.

Unfortunately, though, the change doesn't apply to plans that enroll some of the sickest people: those who buy coverage in so-called high-risk insurance pools because they have medical problems that make them uninsurable in the private market.

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The Two-Way
12:58 pm
Tue January 31, 2012

VIDEO: A Bunny That Thinks It's A Sheepdog

Credit YouTube
A rabbit tries to herd a flock of sheep.

Originally published on Tue January 31, 2012 1:01 pm

Economy
12:50 pm
Tue January 31, 2012

GOP Candidates Reopen Debate Over Gold

Credit Michal Cizek / AFP/Getty Images
If president, Newt Gingrich says he would appoint a monetary policy commission to reconsider returning to the gold standard.

The glitter of gold has provided some added luster to the Republican primaries in the past couple of weeks, as Newt Gingrich recently suggested it might be a good idea to re-establish the link between the value of the dollar and gold.

"I would appoint a commission to look into gold and to look into hard money, because a dollar you save today ought to be worth a dollar 30 years from now," Gingrich said while recently campaigning in South Carolina.

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The Two-Way
11:50 am
Tue January 31, 2012

U.S. Intelligence Chief: Iran Is More Willing To Launch Attack On U.S.

Credit Jacquelyn Martin / AP
From left, FBI Director Robert Mueller, Director of National Intelligence James Clapper, and CIA Director David Petraeus take their seats on Capitol Hill in Washington on Tuesday, prior to testifying before the Senate Intelligence Committee hearing.

As part of his yearly report to the Senate's Select Committee on Intelligence, the United States' intelligence chief said that depending how threatened Iran feels, it may be more willing to launch an attack against the U.S.

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It's All Politics
11:47 am
Tue January 31, 2012

Florida GOP Primary Let Romney Show Skill In Political Knife Fight

Credit Charles Dharapak / AP
Mitt Romney had reason to smile on Florida primary day, Jan. 31, 2012.

With virtually all polls giving him a solid lead among Florida's Republican voters, Mitt Romney is expected to handily win the Sunshine State's GOP primary Tuesday, putting him back on course for his party's presidential nomination.

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Election 2012
11:28 am
Tue January 31, 2012

How SuperPACs Are 'Gaming' The 2012 Campaign

If you thought the 2008 election cycle was full of negative ads, just wait until 2012's campaign gets fully underway.

The upcoming presidential campaign, says journalist Joe Hagan, is expected to "be the most negative in the history of American politics."

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The Salt
10:55 am
Tue January 31, 2012

Beyond Cuppa Joe: Starbucks Embraces India, Lighter Roasts And Alcohol

Credit Aijaz Rahi / AP
In India, Starbucks will have to compete with this locally-owned coffee chain, Cafe Coffee Day.

"Skinny venti quad decaf latte" is not a household term in India. But that may be about to change, as Elliot Hannon reports from New Delhi on today's Morning Edition.

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Shots - Health Blog
10:36 am
Tue January 31, 2012

More Than A Million Condoms Recalled In South Africa

Credit Denis Farrell / AP
Condoms like this one were given out during the African National Congress party's centenary celebrations in early Now a South African health official says that 1.35 million of them are being recalled amid charges some broke during sex.

The party may be over, but the trouble may just be starting in South Africa.

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