Sweetness And Light
9:03 pm
Tue June 12, 2012

The Language of Baseball: In Is Out And Foul Is Fair

Credit Keith Srakocic / AP
Pittsburgh Pirates fans reach for a foul ball hit into the stands by Mike Moustakas of the Kansas City Royals in the seventh inning of a game in Pittsburgh.

Originally published on Wed June 13, 2012 7:14 am

Baseball historians continue to poke around in the 19th century to better explain how the game was originated and developed, but I've always wondered if one of the prime movers wasn't a student of Shakespeare.

While I certainly don't know the terminology of all ball games, the popular ones I'm aware of — everything from basketball and football to golf and tennis — all use some variations of the words in and out when determining whether the ball is playable.

Only baseball is different.

"Fair is foul and foul is fair; Hover through the fog and filthy air."

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Election 2012
6:41 pm
Tue June 12, 2012

As GOP Cashes In, Democrats Search For Billionaires

Credit Jason Reed / Reuters/Landov
President Obama at a Democratic Party election fundraiser in Chicago on June 1.

Originally published on Tue June 12, 2012 7:02 pm

The big story of this year's election campaign is big money. Since the Supreme Court, through its Citizens United ruling, has made it easier for corporations, unions and rich individuals to raise and spend unlimited amounts of money, Republicans have seized the advantage.

Right now, an analysis by NPR finds that Republican allied groups are outspending their Democratic counterparts by 8 to 1.

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The Two-Way
6:15 pm
Tue June 12, 2012

From Our Readers: Less Hedginess, More Neology

Our use of the term "hedginess," coined by finance criminologist Bill Black, inspired commenter "Tim Myers" to engage in some neology of his own in order to prove his point:

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The Two-Way
6:05 pm
Tue June 12, 2012

Dimon Will Tell Congress JPMorgan 'Let People Down' With Trading Loss

Credit Mario Tama / Getty Images
JPMorgan Chase Chief Executive Officer Jamie Dimon.

Originally published on Wed June 13, 2012 9:00 am

"This portfolio morphed into something that, rather than protect the firm, created new and potentially larger risks. As a result, we have let a lot of people down, and we are sorry for it."

That's part of JPMorgan Chase President and CEO Jamie Dimon will tell the Senate's Committee on Banking, Housing and Urban Affairs tomorrow, when it looks into the botched trades that lost the bank $2 billion. Chase released Dimon's prepared remarks this afternoon.

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Latin America
5:50 pm
Tue June 12, 2012

Venezuela's Chavez Aims To Beat Cancer, Election Foe

Originally published on Thu June 14, 2012 9:38 am

The crowds came out by the thousands in Venezuela on Monday, flooding the streets of Caracas in red T-shirts just as the nation's populist government had promised.

Hugo Chavez — the country's 57-year-old, bigger-than-life leader — then took the stage. He had arrived in an open truck, minutes after registering as a candidate for the Oct. 7 election.

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Your Money
5:42 pm
Tue June 12, 2012

Credit Card Debt Cut: The Reason May Surprise You

Credit iStockphoto.com

Originally published on Tue June 12, 2012 6:17 pm

A Federal Reserve study showing that Americans lost wealth in the Great Recession turned up another, perhaps more surprising, result: Credit card debt fell sharply.

"The percentage of families using credit cards for borrowing dropped over the period; the median balance on their accounts fell 16.1 percent" between 2007 and 2010, the report concluded.

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Mara Liasson is the national political correspondent for NPR. Her reports can be heard regularly on NPR's award-winning newsmagazines All Things Considered and Morning Edition. Liasson provides extensive coverage of politics and policy from Washington, DC — focusing on the White House and Congress — and also reports on political trends beyond the Beltway.

Each election year, Liasson provides key coverage of the candidates and issues in both presidential and congressional races. During her tenure she has covered five presidential elections — in 1992, 1996, 2000, 2004 and 2008. Prior to her current assignment, Liasson was NPR's White House correspondent for all eight years of the Clinton administration. She has won the White House Correspondents Association's Merriman Smith Award for daily news coverage in 1994, 1995, and again in 1997. From 1989-1992 Liasson was NPR's congressional correspondent.

Liasson joined NPR in 1985 as a general assignment reporter and newscaster. From September 1988 to June 1989 she took a leave of absence from NPR to attend Columbia University in New York as a recipient of a Knight-Bagehot Fellowship in Economics and Business Journalism.

Prior to joining NPR, Liasson was a freelance radio and television reporter in San Francisco. She was also managing editor and anchor of California Edition, a California Public Radio nightly news program, and a print journalist for The Vineyard Gazette in Martha's Vineyard, Mass.

Liasson is a graduate of Brown University where she earned a bachelor's degree in American history.

Pam Fessler is a correspondent on NPR's National Desk, where she covers poverty and philanthropy.

In her reporting, Fessler covers homelessness, hunger, and the impact of the recession on the nation's less fortunate. She reports on non-profit groups, how they're trying to address poverty and other social issues, and how they've been affected by the economic downturn. Her poverty reporting was recognized by a 2011 First Place Headliner Award in the human interest category.

Previously, Fessler reported primarily on homeland security, including security at U.S. ports, airlines, and borders. She has also reported on the government's response to Hurricane Katrina, the 9/11 Commission investigation, and such issues as Social Security and election reform. Fessler was also one of NPR's White House reporters during the Clinton and Bush administrations.

Before becoming a correspondent, Fessler was the acting senior editor on the Washington Desk and oversaw the network's coverage of the impeachment of President Clinton and the 1998 mid-term elections. She was NPR's chief election editor in 1996, and coordinated all network coverage of the presidential, congressional, and state elections. Prior to that role, Fessler was the deputy Washington editor and Midwest National Desk editor.

Before coming to NPR in 1993, she was a senior writer at Congressional Quarterly magazine. Fessler worked at CQ for 13 years as both a reporter and editor, covering tax, budget, and other news. She also worked as a budget specialist at the U.S. Office of Management and Budget, and was a reporter at The Record newspaper in Hackensack, NJ.

Fessler has a Masters of Public Administration from the Maxwell School at Syracuse University and a bachelor's degree from Douglass College in New Jersey.

The Two-Way
4:57 pm
Tue June 12, 2012

Feds Say Mexican Cartel Used American Quarter Horse Racing To Launder Money

Credit Southwest Stallion Station
Mr. Piloto, which federal authorities are trying confiscate, is offered on a website for sire services.

Originally published on Tue June 12, 2012 5:06 pm

Federal authorities arrested seven people, today, in connection with what authorities say was a multi-million dollar money laundering operation run by Mexican drug cartel Los Zetas.

The scheme allegedly used the millions earned through the illicit drug trade to purchase, train, breed and race American quarter horses in the United States. The Department of Justice said 14 had been indicted; among them is Zetas leader Miguel Ángel Treviño Morales and his brothers Oscar Omar Treviño Morales and José Treviño-Morales.

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Planet Money
4:55 pm
Tue June 12, 2012

Remembering Elinor Ostrom, Nobel Laureate

Credit Raveendran / AFP/Getty Images
Elinor Ostrom in January 2011.

Originally published on Wed June 13, 2012 10:08 am

Elinor Ostrom, the only woman ever to win an economics Nobel, died today at age 78.

She was famous for challenging an idea known as the tragedy of the commons — the theory that, in the absence of government intervention, people will inevitably overuse a shared resource.

So, for example, if a village shares a pasture, it's in the individual interest of each farmer to graze his cattle as much as possible on the pasture even though, in the long run, overgrazing may ruin the pasture for everyone.

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