1:12pm

Thu May 12, 2011
Planet Money

When Mortgage Borrowers Don't Pay, Should Taxpayers Be On The Hook?

Or, to re-phrase the headline in a more boring way: What, if anything, should replace Fannie Mae and Freddie Mac?

It's a hugely important question. The bailout of the two companies has cost taxpayers well over $100 billion.

And the mortgage market is still being propped up by the federal government. For roughly 90 percent of the new mortgages being issued in this country, taxpayers are on the hook if borrowers don't pay.

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1:10pm

Thu May 12, 2011
The Two-Way

Al-Qaida Threatens Obama's Kenyan Grandmother

Credit Paula Bronstein / Getty Images

Kenyan officials have increased security around President Barack Obama's step-grandmother's house in Kogelo, after the Somali affiliate of al-Qaida issued a personal threat.

ABC News reports Kenyan police had already stepped up security around Sarah Obama's house after Osama bil Laden's killing, but after Al Shabaab issued its threat, police presence in the village has ballooned:

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1:00pm

Thu May 12, 2011
Monkey See

Book Club: Neil Gaiman's 'The Sandman: Dream Country,' Part Three

Credit Vertigo Comics

The occasional Monkey See I Will If You Will Book Club has reconvened to read Neil Gaiman'sThe Sandman: Dream Country. This week, we read "A Midsummer Night's Dream," the third of the four stories in the book. (And no, it's not a rendering of the Shakespeare play, exactly. Just read it. You'll see.)

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1:00pm

Thu May 12, 2011
NPR Story

Excerpt: 'Born In Africa'

Setting out on foot across the Maasai Steppe in 1913 at the head of a column of fifty porters, Hans Reck, a twentyseven-year-old German geologist, had no clear idea how to find his destination. Behind him rose the snow-capped peak of Kilimanjaro, the highest mountain in Africa. Ahead lay volcanic highlands lining the Great Rift Valley. Reck's mission was to investigate a ravine to the west of an extinct volcano named Ngorongoro that had aroused keen interest in Berlin. But he had been given only vague instructions about its location.

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12:51pm

Thu May 12, 2011
The Two-Way

Obama Wants FBI Director Mueller To Stay An Additional Two Years

Credit Alex Wong / Getty Images

President Obama has announced he will ask Congress to extend the tenure of his FBI director for two more years.

Robert Mueller's 10-year term is set to expire in September.

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12:44pm

Thu May 12, 2011
Law

Obama Seeks To Extend FBI Director's Tenure

President Obama will ask Congress to allow FBI Director Robert Mueller to remain in his job an extra two years, a rare exemption that would give the U.S. government continuity in a time of change atop the national security team, the White House announced Thursday.

The news comes as a surprise for an administration that had been seriously vetting candidates to replace Mueller, whose term is set to expire on Sept. 4 under a law that caps the service of FBI directors at 10 years.

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12:36pm

Thu May 12, 2011
It's All Politics

McCain Says Bin Laden Death Not Result of Enhanced Detainee Interrogations

The debate over whether the Bush Administration's use of enhanced interrogation techniques on admitted or suspected terrorist detainees led to the U.S. military's killing of Osama bin Laden's has largely fallen along partisan lines.

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12:23pm

Thu May 12, 2011
Alt.Latino

This Week On Alt.Latino: Guest DJ Simon Mejía

Credit Roger Kisby / Getty Images

English / Spanish

Bomba Estereo bassist and bandleader Simon Mejia told us the first time he heard Liliana Saumet sing, he felt an instinctive pull toward a voice that had something special. Such is the vision of a musician driven to produce the music he hears in his head.

We got a glimpse of the DNA behind that vision when Mejia sat down with us in NPR's studios to spin some of his favorite tunes as a guest DJ.

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12:22pm

Thu May 12, 2011
The Two-Way

Inhofe Adds Details About What's Shown In Bin Laden Death Photos

[Note: If graphic descriptions of fatal wounds bother you, this post might be disturbing.]

The first member of Congress to be shown post-mortem photos of al-Qaida leader Osama bin Laden tells Politico that "it was hard to tell if the bullet went through his ear and out the eye socket or vice versa. ... There was head matter, appearing to be brains, coming out of the socket."

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12:15pm

Thu May 12, 2011
Monkey See

'Hey, Boo': A New Documentary Explores Why Harper Lee Wrote ... And Didn't

Credit Donald Uhrbrock / First Run Features

Even if you loved To Kill a Mockingbird, you may be full-up with all the stories that have poured out this year to celebrate the 50th anniversary of the book's publication. But if you have room for one more, consider Hey, Boo. It's a documentary that will be released in New York May 13, and other cities soon after. Director/writer Mary McDonagh Murphy wanted a chance to have author Nell Harper Lee explained by people who know her well and love her.

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