A recap of this week’s equity news.

 ”The Culture Warriors Get Laid Off,” -  The New York Times

SOMEDAY we’ll learn the whole story of why George W. Bush brushed off that intelligence briefing of Aug. 6, 2001, “Bin Laden Determined to Strike in U.S.” But surely a big distraction was the major speech he was readying for delivery on Aug. 9, his first prime-time address to the nation. The subject — which Bush hyped as “one of the most profound of our time” — was stem cells. For a presidency in thrall to a thriving religious right (and a presidency incapable of multi-tasking), nothing, not even terrorism, could be more urgent.

When Barack Obama ended the Bush stem-cell policy last week, there were no such overheated theatrics. No oversold prime-time address. No hysteria from politicians, the news media or the public. The family-values dinosaurs that once stalked the earth — Falwell, Robertson, Dobson and Reed — are now either dead, retired or disgraced. Their less-famous successors pumped out their pro forma e-mail blasts, but to little avail. The Republican National Committee said nothing whatsoever about Obama’s reversal of Bush stem-cell policy. That’s quite a contrast to 2006, when the party’s wild and crazy (and perhaps transitory) new chairman, Michael Steele, likened embryonic stem-cell research to Nazi medical experiments during his failed Senate campaign.

“The benefits of walking around your neighborhood,” - USA Today

Good morning! Did you get up and take a walk today?

Well, if you live in a neighborhood where you can easily walk to nearby shops, you are likely to be more active and thinner than if you live in a place where you have to drive everywhere, a new study shows. This is true no matter what income level the neighborhood.

“Walkable neighborhoods seem to be healthier for both lower-income and higher-income people,” says lead researcher Jim Sallis, director of the Active Living Research Program at San Diego State University.

“A model for Obama‘Different, smarter’ way of helping kids in low-income areas,” - Metro News 

President Barack Obama’s plan to combat urban poverty draws on lessons learned from a New York charity called the Harlem Children’s Zone Project.

The nonprofit offers educational, health and social services to low-income families in a 97-block section of Harlem, with the aim of guiding poor children from birth to college.

A recap of this week’s equity news

 ”Road Home fix falls short,” - Times-Picayune

As soon as Louisiana homeowners could take stock of Hurricanes Gustav and Ike, thousands of them had to turn their attention back to the Road Home program and their ongoing efforts to collect grants to repair damage caused three years ago by Hurricanes Katrina and Rita.

More than 3,100 Road Home applicants still have active appeals to fret over — and some worry that highly touted reforms to the process carried little impact.

 ”Low-Income Housing: Another Crisis Looming?” - TIME Magazine

Another housing crisis may be looming even as the mortgage meltdown continues and as Americans who once dreamed of home ownership see their properties foreclosed. The Housing Act of 1937, imposed in the wake of the Great Depression, and amended a number of times in the 1970s, is reaching a crossroads — and close to five million Americans who depend on subsidized public housing may soon have to figure out where and how they are going to live.

That’s because under the provisions of Section 8 of the historic law a significant change will be under way in the next few years. As a result, building owners who participate in the program — receiving subsidies from the Department of Housing and Urban Development in exchange for taking in lower-income renters — will be able to opt out of those contracts. And many are thinking of doing just that. America’s two largest cities, New York and Los Angeles, will be severely affected as will many smaller communities.

“Author tracks one man’s quest to fix Harlem,” - USA TODAY

In 1999, Geoffrey Canada, president of a respected non-profit for families in New York City’s Harlem neighborhood, embarked on an “outsized and audacious” endeavor. Programs that helped dozens or even hundreds of kids, he’d concluded, weren’t enough. So he traced out a 24-block “children’s zone” and blanketed it with social services: a health clinic, parenting classes, an intensive charter school, after-school tutoring and more. The idea, says author Paul Tough, was to create “a safety net woven so tightly” that kids couldn’t slip through.

Tough, an editor for the New York Times Magazine, spent five years following Canada’s efforts as the zone grew to 97 blocks. USA TODAY spoke with Tough about his new book, Whatever It Takes: Geoffrey Canada’s Quest to Change Harlem and America (Houghton Mifflin, $26).