Mark Memmott

The news from Egypt is grim again today:

-- "At least two people have been shot and killed in the Egyptian city of Suez, as police used live rounds to hold back crowds during a protest over security forces' failure to prevent a deadly football riot," al-Jazeera reports. And it adds that "one person was killed in Cairo just feet away from the Interior Ministry, as police in Cairo set off salvos of tear gas and fired birdshot."

Saying he is "completely puzzled by the notion that there was something immoral that went on here," the man at the top of the agency that regulates Freddie Mac has explained why he believes the taxpayer-owned mortgage company did nothing wrong when one of its arms, as NPR and ProPublica have reported, "placed multibillion-dollar bets against American homeowners being able to refinance to cheaper mortgages."

"We have our own threats to impose at the right time" and "I have no fear of saying that we will back and help any nation or group that wants to confront and fight against the Zionist regime (Israel)," Iranian Supreme Leader Ayatollah Ali Khamenei said today after reports surfaced that Israel could soon mount air strikes on Iran's nuclear facilities.

What happens next now that Heather Peters has won her case? She's the California woman who took Honda to small claims court because her hybrid Civic wasn't getting as the 50 miles per gallon she'd been promised.

Two senators who have taken the lead on legislation aimed to help homeowners refinance at historically low interest rates were blunt this morning about how concerned they are by the news NPR reported earlier this week that Freddie Mac "has placed multibillion-dollar bets against American homeowners being able to refinance to cheaper mortgages."