Transcript

NEAL CONAN, HOST:

This is TALK OF THE NATION. I'm Neal Conan in Washington. Paywall skeptic Clay Shirky long maintained that barriers to newspaper websites were counterproductive and self-defeating, that online readers accustomed to getting the news for free would find another way or another source of news.

Transcript

NEAL CONAN, HOST:

A report by NPR and ProPublica finds that Freddie Mac bet billions of dollars against homeowners' ability to refinance their mortgages. Public documents show Freddie Mac sought to make gains through complex securities which would make money for Freddie Mac, but homeowners with high-interest rate loans would not be able to qualify for refinancing. This is not illegal, but it does raise questions about a conflict of interest within a federally-owned company that is supposed to make getting a mortgage easier.

Violence persists around Damascus as protesters continue to urge President Bashar al-Assad's to step down. The Arab League has suspended its monitoring mission and the United Nations Security Council is considering a resolution condemning al-Assad's regime.

European Union leaders are meeting in Brussels today to discuss the monetary union's ongoing economic crisis. According to The New York Times, the countries will decide that austerity is not enough to curb the sovereign debt crisis.

The Times reports:

While the United States has mostly escaped winter, the opposite has been true in Eastern Europe. The AP reports that an intense freeze has killed at least 36 people throughout eastern Europe. In some places, temperatures dropped to negative 4 degrees Fahrenheit.

The AP adds:

Many of the files stored by the millions of users of the cloud service Megaupload could begin losing their files on Thursday. The AP reports that federal prosecutors said Megaupload paid third parties to store data and now that authorities have freezed Megaupload's accounts, it can no longer pay those providers. The providers said they would begin deleting files as early as Thursday.