Anyone who thought the U.S. foreclosure crisis had abated would be wrong, according to an industry analyst who predicts a doubling of real estate foreclosure rates this year. With much of Washington already consumed with reducing a decades-high unemployment rate, the White House and Congress may soon find themselves also redoubling efforts to help Americans save their homes. U.S. home foreclosures have soared since 2007, and the foreclosure crisis became a key spark to cause the broader 2008 financial...
Monthly Archives: February 2010
Stop The Kennedy Smears
Via the NY Times… Robert Greenwald and Brave New Films are leading the fight against a documentary about the Kennedy’s being slated for the History Channel: A new mini-series about John F. Kennedy’s presidency that is being prepared by the History channel does not yet have a cast or a premiere date. Not a frame of footage has been shot. It does, however, have prominent critics who want it brought to a halt. The critics, including Theodore C. Sorensen, a...
Economic Analysis Favors Basis Of Franken’s Jobs Bill Over Schumer/Hatch ‘Hire Now Tax Cut’
A bipartisan employer tax credit proposed in the Senate is likely to create few jobs, and at an excessively high cost, according to a new economic analysis. The tax credit at issue has been introduced by Sens. Chuck Schumer (D-N.Y.) and Orrin Hatch (R-Utah) that would offer a tax cut to businesses that hire a worker that had been without work for at least 60 days prior to employment. The businesses would avoid paying the employer’s share of Social...
Insurer’s Plan To Jack Up Premiums Puts New Steam Into Health Reform On Senate Floor
Just weeks ago the Senate majority leader declared there was “no rush” to complete comprehensive healthcare reform. But a California insurer’s intent to raise rates as much as 39 percent appears to have lit a new fire under Sen. Harry Reid, as he took to the Senate floor to beseech his colleagues to “finish the job.” Anthem Blue Cross, a California subsidiary of WellPoint, has come under fire for jacking up premiums by as much as 39 percent this...
FOUND: U.S. Constitution
Sarah Palin stood before an audience of 600 at the first Tea Party convention and in her twinkly home-spun rhetoric, declared we don’t need a professor of law but a commander-in-chief. As expected, she received roaring applause. And, as expected, she was wrong. After Dick Cheney and George W. Bush, aided by a compliant Congress and a nation largely afraid to stand up for their rights, abused the Constitution for almost eight years, what the United States needs is...
Keith Olberman on the Cheyenne River Sioux Tribe Disaster
JFK Fan on Twitter, had a link to this Keith Olberman video from February 9, about the Cheyenne River Sioux tribe disaster that occured in late January : Among the things tribe members need are shoes. Soles for Souls came to mind as a good organization to get involved with this drive to help the Sioux tribe. It boggles my mind that our government still does so little to help our first people. Specifically the Sioux tribe needs activists to get...
Civil Rights Groups Decry Right Wing Talker Glenn Beck’s Questioning of President Obama’s Name
A coalition of civil rights and media watchdog organizations is taking right-wing commentator Glenn Beck to task over disparaging remarks the talk show host made about President Obama‘s name. The coalition quotes Beck from his national radio program as saying, “He chose to use his name, Barack, for a reason. To identify, not with America — you don’t take the name Barack to identify with America. You take the name Barack to identify with what? Your heritage? The heritage,...
Obama Initiatives Would Improve Nation’s Food Supply: Steps Aimed At Safety, Better Choices
President Obama’s proposed federal budget for the 2011 fiscal year would take steps to improve the quality of the food Americans eat nationwide. Obama’s spending plan includes funds for a food safety initiative at the Food and Drug Administration (FDA) and investments in new and expanded supermarkets, farmers markets and other food stores in low-income communities. Obama would increase funding at FDA by $318.3 million specifically to bolster the safety of the American food supply. The Transforming Food Safety...
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