Archive for January 6th, 2012

06
Jan
12

evening all

President Barack Obama is briefed by National Security Advisor Tom Donilon before a phone call with King Abdullah II of Jordan in the Oval Office, Jan. 6, 2012. (Official White House Photo by Pete Souza)

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Chicago Tribune: Freddie Mac announced Friday that it was giving mortgage servicers the authority to offer up to 1 year of mortgage forbearance to unemployed homeowners who have Freddie Mac-backed mortgages.

The change, with takes effect Feb. 1, means loan servicers can offer six months of forbearance to jobless borrowers without Freddie’s approval and another six months with approval….

Fannie Mae is expected next week to announce guidelines that will align with the new ones at Freddie Mac. The expansions are the result of a directive from the Federal Housing Finance Agency, which oversees Fannie Mae and Freddie Mac.

More here

Thanks forus50

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ThinkProgress: The Affordable Care Act has done very well in court so far; three of the four courts of appeals to consider it have upheld the law…..

….Today, DOJ filed its brief defending the Affordable Care Act’s insurance coverage requirement, and with one sentence the Justice Department takes the plaintiff’s silliest and most successful argument off the table ….

…. This statement, that federal efforts to directly regulate the family, general crimes or education stand on much weaker constitutional footing than the ACA, is a very big deal. It shows that DOJ recognizes the only thing that even vaguely resembles a hole in their previous legal arguments, and that they have now sewn that hole up. When one of the justices asks them “if Congress can do this, what can it not do?” they will now have a clear and well-articulated answer.

With just one sentence in its brief, DOJ took away the last few straws the ACA’s opponents were desperately grasping at.

Full post here

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ThinkProgress: 20-Year Ban On Uranium Mining Near The Grand Canyon | Interior Secretary Ken Salazar is expected to announce a 20-year moratorium on uranium mining in the Grand Canyon region on Monday. The ban has been under consideration for two years, with evidence showing the mining contaminates drinking water. Last year, the most anti-environment House of Representatives attempted to permit uranium mining to overrun the Grand Canyon region, after a 2009 suspension from the Department of Interior.

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Washington Post: Chrysler will add 1,250 jobs at two Detroit factories next year – another sign that the once struggling automaker appears to be making a comeback.

The Jefferson North Assembly Plant will get 1,100 new workers and a third shift to help build a Jeep Grand Cherokee diesel model for North America. Another 150 workers will be added when Chrysler reopens the Conner Avenue factory to make a Street Racing Team version of the Dodge Viper muscle car.

More here

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The Week

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Robert Shrum: How about that Romney landslide? It turned out that in Iowa, the Mitt did fit — by two hands worth of votes, minus the thumbs. On paid media alone, Romney spent approximately $113 per vote and Rick Santorum spent just $1.65. The Romney campaign dared, and lost while winning. If Mitt had racked up a convincing margin, he would have been on a glide path to the GOP nomination. Instead, he won by a mere eight votes…..

Full article here

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Em…..

Democratic presidential candidate Vermin Supreme, who is one of more than 40 candidates who are on the New Hampshire primary ballot for U.S. president in 2012, stands outside a campaign event for Senator Rick Santorum in Manchester, New Hampshire, January 6. New Hampshire, where candidates are required to do nothing more than fill out a form and pay $1,000 to sign up, typically attracts a wide range of candidates.

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Philly.com: ….. In 2005, Santorum made headlines – not all positive – for visiting the deathbed of Terri Schiavo, the woman at the center of a national right-to-die controversy.What my Philadelphia Daily News colleague John Baer later exposed was that the real reason he was in the Tampa, Fla., area was to collect money at a $250,000 fundraiser organized by executives of Outback Steakhouses, a company that shared Santorum’s passion for a low minimum wage for waitresses and other rank-and-file workers. Santorum’s efforts were also aided by his unusual mode of travel: Wal-Mart’s corporate jet. And he canceled a public meeting on Social Security reform “out of respect for the Schiavo family”  even as the closed fundraisers went on.

Full article here

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OFA: President Obama broke bread today with Scott, Valarie, Kathie, and Bill, the four winners of #DinnerWithBarack

06
Jan
12

afternoon all

Thanks defytheodds

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The Hill: Justice expands definition of rape – Valerie Jarrett, senior adviser to President Obama, said the administration supported the update and worked with DOJ on the matter. The Department of Justice has broadened its definition of rape to lead to more comprehensive statistical reporting of the crime nationwide. Attorney General Eric Holder on Friday announced the changes to the Uniform Crime Report’s definition of rape, which the Justice Department said better reflect state criminal codes….

More here

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President Obama speaks with four campaign supporters during lunch at Scion restaurant in Washington

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Thanks Esmerelda!

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Mediaite

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CBS

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Steve Benen: GOP refuses to let House Dems speak….. When President Obama wants to raise the debt ceiling, congressional Republicans respond, “You can’t do that; we’re not in session.” When the White House wants to make recess appointments, congressional Republicans respond, “You can’t do that; we are in session.” And when James Clyburn wants to say a few words from the House floor, congressional Republicans respond, “You can’t do that; we’re not in session.”

Full post here

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The Week

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Buy it at the OFA store

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06
Jan
12

rise and shine

Marketwatch: The U.S. economy gained 200,000 jobs in December and the unemployment rate fell to 8.5%, the Labor Department said Friday.

Economists surveyed by MarketWatch had forecast the U.S. would add 150,000 jobs last month, with the jobless rate edging up to 8.7% from an initially reported 8.6% in November.

Subtracting another decline in government jobs, the private sector boosted payrolls by 212,000. Average hourly earnings rose 0.2% last month to $23.24 and hours worked edged up to 34.4. Job gains for November and October were little changed. The U.S. created 1.64 million jobs in 2011.

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Steve Benen: Mitt Romney will probably find today’s jobs report from the Bureau of Labor Statistics very discouraging. The rest of us, though, have reason to smile.

…. when monthly job growth reaches 200,000, that’s genuinely good news, and the drop in the overall unemployment to 8.5% puts the figure at nearly a three-year low, which is also encouraging. Under the circumstances, this is one of the best jobs reports since the recession began four years ago.

Full post here

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It’s a bad day for Rusty 😥

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TPM

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Reuters: The young men in business suits, gingerly picking their way among the millwrights, machinists and pipefitters at Kansas City’s Worldwide Grinding Systems steel mill…. “They looked like a bunch of high school kids to me. A bunch of Wall Street preppies,” says Jim Linson, an electronics repairman who worked at the plant for 40 years….

Apparently they liked what they saw. Soon after, in October 1993, Bain Capital, co-founded by Mitt Romney, became majority shareholder in a steel mill that had been operating since 1888.

…. Less than a decade later, the mill was padlocked and some 750 people lost their jobs. Workers were denied the severance pay and health insurance they’d been promised, and their pension benefits were cut by as much as $400 a month…..

Full article here

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Paul Krugman: ….. Mr. Romney claims that Mr. Obama has been a job destroyer, while he was a job-creating businessman …. his claims about the Obama record border on dishonesty, and his claims about his own record are well across that border.

….. the president inherited an economy in free fall, and can’t be held responsible for job losses during his first few months, before any of his own policies had time to take effect. So how much of that Obama job loss took place in, say, the first half of 2009?

The answer is: more than all of it. The economy lost 3.1 million jobs between January 2009 and June 2009 and has since gained 1.2 million jobs. That’s not enough, but it’s nothing like Mr. Romney’s portrait of job destruction.

Incidentally, the previous administration’s claims of job growth always started not from Inauguration Day but from August 2003, when Bush-era employment hit its low point. By that standard, Mr. Obama could say that he has created 2.5 million jobs since February 2010.

Full article here

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Washington Post editorial: ….. Republicans may well be correct that Mr. Obama is playing politics with these appointments …. But so what? Both the consumer bureau and the labor relations board are agencies of the U.S. government, created by Congress, and it is inexcusable that congressional obstructionism would leave them unable to function. If Republicans don’t like the structure or purpose of either agency, they should try to alter them through legislation. Meanwhile their filibustering against qualified nominees to make political points or extort concessions from the White House cripples government and discourages good people from serving. That is the real poisonous practice, in which both parties have engaged. Until there is a de-escalation, the country will continue to pay a high price.

Full article here

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New York Times: Obama administration officials announced on Friday that they will propose a fix to a notorious snag in immigration law that will spare hundreds of thousands of American citizens from prolonged separations from immigrant spouses and children.

The change that immigration officials are offering would benefit United States citizens who are married to or have children who are illegal immigrants. It would correct a bureaucratic Catch-22 that those Americans now confront when their spouses or children apply to become legal permanent residents.

Full article here

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