George Mason in the News

Posted: April 27, 2007 at 1:00 am, Last Updated: November 30, -0001 at 12:00 am

Following are highlights of national news coverage George Mason recently received.

Tuesday, April 24, Washington Post

Existing-Home Sales Fall Steeply

“Growing problems in the mortgage industry combined with bad weather in some parts of the country to fuel the steepest one-month decline in sales of existing homes in nearly two decades. Sales tumbled in every part of the country. They fell 10.9 percent in the Midwest, 9.1 percent in the West and 8.2 percent in the Northeast. In the South, which includes the Washington region, sales dropped 6.2 percent. Still, John McClain, a senior fellow at George Mason University’s Center for Regional Analysis, said the Washington region will probably snap back more quickly because of a healthy local economy. ‘I think we’re in the beginnings of a recovery in this market,’ he said, ‘but I don’t think we’ll see it for a few months.’”

Wednesday, April 25, Wall Street Journal

Prime Target

“Because of many bad loans and higher foreclosure rates, mortgage reform legislation is popular among state and federal officials. Banks lose money when borrowers cannot pay their loans — foreclosure only partially compensates these losses because of the expense of legal proceedings. Lenders thus have every incentive to lend only to those who can repay. Those banks that judged poorly have been driven from the field or forced to make changes in management or underwriting practices. This is not good enough for some activists, the ones that Alex Tabarrok, professor of economics at George Mason University, calls ‘credit snobs’ because they take the position that the hoi polloi cannot be trusted with the risks and benefits of credit.”

Thursday, April 26, Washington Post

Colleges Enhancing Security; Sirens, Text Messaging, Locks Among the New Measures

“After the shootings at Virginia Tech last week, scores of schools across the country have implemented measures to bolster security and improve communication. ‘We are moving fast in terms of finding mechanisms to get people’s attention in an emergency,’ said Alan Merten, president of George Mason University. ‘But the real question is what do you say to the community after you’ve got their attention.’”

Thursday, April 26, ABC News

Why Some Get Laughs and Others Get Fired

“For a country founded on free speech, some people are getting a lot of flack for opening their mouths. But David Bernstein, professor of law at George Mason University and author of ‘You Can’t Say That! The Growing Threat to Civil Liberties from Antidiscrimination Laws,’ fears that if everyone who says anything offensive gets reprimanded, people will shut up altogether. ‘There has to be some allowance for mistakes, for people saying things off the cuff,’ he said. ‘We don’t want a situation where people are afraid to say anything unscripted for fear of getting fired.’”

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