Once, many years ago, in a land far away between two oceans, with fruited plains, amber waves of grain, and potholes on its highways, there lived a young man named Sam. Now, Sam was a bright young man who wanted to work and save money so he could go to school and become an electrician. But the only job open in his small community was at the gas station. So, for two years, Sam pumped gas, washed windshields, checked...
Democratic Daily
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...
Exploring a Run for Barney Frank’s Seat, Joseph Kennedy III Makes Another Move
AP News reports today that ”Joseph Kennedy III has moved to a different Boston suburb ahead of an expected congressional bid to replace retiring U.S. Rep. Barney Frank.” Brookline’s town clerk says the 31-year-old Kennedy came to town hall Tuesday and registered to vote as a Democrat, listing a Brookline address. Kennedy had been living in Cambridge which is not in Frank’s district. A spokesman for Kennedy says he “is taking time to listen to families in the district.” I just...
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...
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...
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...
Trump… Keeps Media Spinning
Donald Trump certainly enjoys keeping the media spinning. If he’s considering running for president on the independent ticket, as he has hinted at frequently of late, he’s hedging bets on whether to endorse Newt Gingrich or Mitt Romney. It’s a freakin’ endorsement circus… Newt Gingrich’s campaign is reported to be in “serious disarray,” while the Las Vegas Review Journal reports today that a “new poll shows Republican presidential candidate Mitt Romney headed for a blowout victory Saturday in Nevada’s...
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