Blog Archives

Advocates Call ‘Paltry’ Bank Deal Just The Beginning For Wronged Homeowners

February 9, 2012 12:21 pm
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Advocates Call ‘Paltry’ Bank Deal Just The Beginning For Wronged Homeowners

Critics of the fraud committed by the nation’s largest banks in the so-called “robo-signing” scandal are calling Thursday’s settlement deal just the first step in achieving justice for wronged U.S. homeowners. State and federal officials announced the $26 billion settlement over the banks’ fraudulent foreclosure practices which led to wrongful foreclosures nationwide. U.S. Attorney General Eric Holder led the announcement at a Washington news conference and says the settlement will be a step in “righting the wrongs that led...

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Campaign Manager: Obama Re-Election Bid ‘Can’t Afford’ Not To Back Super PAC

February 7, 2012 12:01 pm
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Campaign Manager: Obama Re-Election Bid ‘Can’t Afford’ Not To Back Super PAC

The manager of President Obama’s re-election effort is defending the campaign’s decision to back a so-called super PAC, despite the president’s fierce criticism of the Supreme Court decision which led to the proliferation of such shadowy influence groups. The Obama campaign is supporting Priorities USA, a super PAC founded by two former Obama White House aides, says Jim Messina in an email to supporters sent late Monday night. “We decided to do this because we can’t afford for the...

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A Glass Half Full/Half Empty Jobs Report

February 3, 2012 6:53 pm
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A Glass Half Full/Half Empty Jobs Report

The federal report out Friday on January’s employment data contains good news — including for President Obama’s chances at re-election. But, despite the addition of 243,000 new jobs last month and another drop in the nation’s unemployment rate, many — not even all of whom are political opponents of the president — see a long way yet to go. “Today’s jobs report is encouraging, but we should judge it against the overall sluggishness of the economic recovery and a...

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Housing Advocate: Obama ‘Can Accept No Less Than $300B From The Banks’ To Settle Robo-Signing Scandal

February 2, 2012 2:04 pm
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Housing Advocate: Obama ‘Can Accept No Less Than $300B From The Banks’ To Settle Robo-Signing Scandal

With details soon to become public about a settlement between state attorneys general and big banks implicated in the huge, national “robo-signing” scandal, President Obama should make clear the deal can’t amount to less than $300 billion from the banks, a prominent homeowner- and corporate-accountability advocate says. All 50 state attorneys general have been seeking a settlement with the nation’s five largest banks to address their foreclosure practices, such as the filing of thousands of false sworn statements with...

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Obama Re-Election Campaign Worries About GOP Super-PACs

February 1, 2012 2:12 pm
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With Republican Mitt Romney’s landslide win in the Florida presidential primary powered by a massive number of negative ads, President Obama’s 2012 campaign staff have begun worrying about the eventual influence of so-called Super PACs in the November election. And the folks back in Obama’s Chicago campaign headquarters have reason for concern, according to a new report. Obama campaign manager Jim Messina fired off a fundraising appeal to supporters Wednesday specifically citing the influence of these largely unregulated organizations...

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Ad Buy Highlights Gulf Restoration Bill Support Before Florida Debate, Primary

January 26, 2012 9:43 pm
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Ad Buy Highlights Gulf Restoration Bill Support Before Florida Debate, Primary

An environmental organization launched a two-day, $30,000 radio ad blitz in Florida Thursday to highlight congressional, editorial and voter support across the political spectrum for a multi-billion dollar Gulf Coast restoration bill funded by BP oil spill fines. Environmental Defense Action Fund says that it timed the ad buy to Thursday’s GOP presidential candidates debate in Jacksonville, and following primary election in the Sunshine State. Last week, Reuters reported that BP is likely to agree next month to pay...

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Pollster: SOTU Provides ‘Powerful Framework For Having an Election’

January 25, 2012 7:29 pm
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Pollster: SOTU Provides ‘Powerful Framework For Having an Election’

President Obama’s State of the Union address Tuesday night should “help him a lot” in his fight for re-election this year, according to longtime Democratic pollster Stan Greenberg, citing results of a focus group of swing voters held during the speech. The themes the president laid out during his annual televised address to a joint session of Congress cut across party lines and provide a “powerful framework for having an election,” Greenberg says in a briefing with reporters held...

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Romney’s Charge That ‘Any President’ Would Have Killed bin Laden False, Former White House Adviser Says

January 23, 2012 8:58 pm
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Romney’s Charge That ‘Any President’ Would Have Killed bin Laden False, Former White House Adviser Says

A former White House adviser during the Clinton administration is striking back at Republican presidential hopeful Mitt Romney’s assertion that “any president would have done” the operation President Obama ordered last year which resulted in the death of terrorist mastermind Osama bin Laden. The former Massachusetts governor last month argued: “With regards to Osama bin Laden, we’re delighted that gave the order to take out Osama bin Laden, any president would have done that. But this one did...

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