Posts Tagged ‘foreclosures

12
Jan
12

catching up

This can never be posted enough, right? Read Steve Benen on the video here

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White House Live

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McClatchy

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I forgot to post this yesterday:

New York Times editorial: Where the Iowa caucuses illuminated the dark essence of social conservatism, the New Hampshire primary was a journey into the dingy, cramped quarters of the right wing’s economic policies.

The Republicans ritually denounced President Obama as hostile to capitalism, disdainful of individual enterprise and lacking in ideas for reviving the economy. All they had to offer were economic ideas that not only are inadequate for that purpose but were instrumental in creating the nation’s current economic problems.

…. The solution is policies that promote growth and help the middle class, not what the Republican hopefuls want. Mr. Obama said it well on Monday night: “We can’t go back to this brand of you’re-on-your-own economics.” You couldn’t tell that by listening to Mr. Romney prattle about a merit-based economy and call for lowering taxes and cutting spending.

…. The answer is not more of the same failed policies. The solution is to revive the successful ones, along with policies to stimulate the economy and stop foreclosures. Mr. Obama understands this. The Republican hopefuls are deluding themselves and trying to delude the voters.

Full editorial here

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Washington Post

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Link

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Steve Benen: Herman Cain argued yesterday about the Republican field, “Look, these candidates have broken the Reagan’s rule from the beginning. Reagan’s 13th commandment, you know? Don’t go negative against another Republican, but they did it anyway!” I think he meant “11th”.

😆

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OFA: Get the scoop – including exclusive updates and sneak peeks – on Runway to Win, a project by fashion designers in support of Obama 2012.

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New York Times (July 2011)

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CNN: Foreclosure filings and repossessions fell to their lowest level since 2007 last year.

Total filings, including default notices and bank repossessions were down 33% for the year to 2.7 million, according to RealtyTrac, the online marketer of foreclosed properties.

One in every 69 homes had at least one foreclosure filing during the year, while 804,000 homes were repossessed. That’s a significant improvement from the peaks reached in 2010 – when 1.05 million homes were repossessed – and the lowest levels seen since 2007.

More here

Thanks Creolechild

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Yes, I saw a pig fly today – GOPolitico (Donovan Slack) actually did some half decent journalism:

Michelle Obama was raring to help her husband promote his signature health care plan during the summer of 2009. But, according to the latest book about the first couple, “the West Wing never really took the first lady up on her offer.”

“She did a few events, but they were small and drew little coverage,” New York Times reporter Jodi Kantor wrote in “The Obamas.” …. “Her support for the initiative became a mostly private matter, the subject of long conversations between the Obamas.”

But a review of news clippings during the period covered by that chapter in the book – May through August 2009 – found that Michelle Obama was very public about her support and received extensive coverage. The Washington Post, The Boston Globe and ABC News, among others, reported on her efforts.

Kantor’s own newspaper declared in July 2009 that she had become “one of the Obama administration’s most visible surrogates on health care.”

Kantor says that she stands by her core assertions but believes her language could have been clearer. “As Robert Gibbs told me on the record, the White House was concerned about putting the first lady in the line of fire. But given the NYT story you mentioned, I could have been more precise about the media coverage,” she told POLITICO in a statement.

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You can read the full DOJ memo here (it’s a PDF)

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ThinkProgress

One of the facts from K_Creations:

Thanks Criquet

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Thanks Creolechild

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Link

25
Oct
11

good afternoon

ABC: President Obama has crossed off 60 percent of his 2008 campaign promises from his to-do list, he told supporters in Los Angeles Monday as he asked them to help him check off the remaining items.

“I keep a checklist in my desk, and I kind of see, all right, I made a bunch of these promises during the campaign and let me see, yes, I got that done and that one, yes. No, that one’s not done yet. So we’ve got about 60 percent done in three years”….

The president listed health care reform, the repeal of “Don’t Ask, Don’t Tell,” and passing consumer protections among the promises that he has fulfilled.

“A lot of the things that we promised we’d do, we’ve done… we’ve made great progress, but we’ve got so much more work to do” …. Items left on the president’s agenda include comprehensive immigration reform, passing energy policy “that makes sense” and, of course, fixing the economy.

To check off the remaining 40 percent, the president said lawmakers will have to put politics aside. “Obviously, in Washington, the politics that I think people are hoping for is not what they’re getting. It’s still dysfunctional, it’s still perversely partisan. You still have folks who seem to be more interested in the short term and the party and elections than they are in the long term and the future and the next generation”….

Read full post here – thanks Marlz

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From yesterday:

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Today:

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Thank you Tally 😉

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OFA

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Loop 21: Even though they can barely hear over the echo from their empty wallets, unemployed people are still shouting “Yes We Can!” apparently.

The Associated Press has found that President Obama still receives tons of support from the jobless, even as Republicans attempt to blame him for high unemployment and after blocking his jobs bill.

A study conducted by the AP shows that people living in the most economically distraught areas with the highest unemployment rates are still donating money to Obama’s re-election campaign. In fact, they are actually donating more than they were in 2008 during Obama’s first presidential campaign and right before the recession hit.

Detroit for example, even with a 14% unemployment rate, wrote more checks to the campaign than it did in 2007. Even though the amounts are smaller (Obama’s website allows people to donate as low as $10), they all still add up eventually.

Thanks Gobrooklyn

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Michael Tomasky (Daily Beast): Perry’s Ridiculous Tax Plan

….. his plan, like all flat-tax plans, is a gussied-up way of stealing money from the working and middle classes and handing it to the rich…..

…. whether Perry revives his candidacy or not, the real issue here is that a flat tax or something like it is getting ever so closer to becoming GOP dogma. Some years ago, it was just the messianic loons: Steve Forbes. Now the flat tax is mainstreaming within the GOP. Mitt Romney, who used to hate it, has recently opened up to the idea. It’s getting … respectable.

Simplicity is for simpletons: a handy slogan for the ruling class that wants more of your money. Don’t be that simple.

Full post here

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The Obama Administration is announcing two new initiatives to help create jobs for veterans – read more here

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New CBS/NYT poll

Wait til they see this, um, extraordinary ad, Herb will go up another 10 points:

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I thought at first this was a kitten watching a GOP debate on TV:

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More soon 😉

25
Oct
11

rise and shine

President Obama will record an interview with Jay Leno this morning – it won’t be shown until late night but NBC will release some excerpts in the afternoon

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President Obama leaves Air Force One upon his arrival in Los Angeles on Monday

LA Times: President Obama opened an aggressive Western fundraising swing Monday, closing out the day in Los Angeles with an appeal to supporters to prepare for a grueling reelection effort.

At an intimate fundraising dinner in Hancock Park, Obama spoke softly to a few dozen supporters who had paid $35,800 each to greet him.

“I’ve said this before — this election will not be as sexy as the first one,” the president said. “Back then it was still fresh and new. I didn’t have any gray hair. Everybody loved the ‘Hope’ posters and all that. This time it’s — we’ve got to grind it out a little bit. We’ve got to grind it out. But the cause is the same. And my passion is the same. And my commitment is the same.”

The gathering, at the home of movie producer James Lassiter and his wife, Mai, was one of six events Obama had planned in three days of stops in Nevada, California and Colorado, as he kept up a torrid fundraising pace that is far surpassing that of the GOP presidential field.

Two Los Angeles gatherings Monday were celebrity-flecked, with the first including actor Will Smith and former Laker Magic Johnson. The second and larger event was at the home of actors Melanie Griffith and Antonio Banderas, with per-seat tickets starting at $5,000.

Full article here

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Thanks Marlz

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The First Lady’s day:

12:55 Delivers remarks at a Democratic National Committee reception in Detroit

3:45 Discusses access to healthy food with mayors from around the country in Chicago

4:50 Delivers remarks at a Walgreens in Chicago and visits Iron Street Urban Farms with Mayor Rahm Emanuel

6:40 Delivers remarks at a Democratic National Committee reception in Chicago

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Today the administration will announce plans to create jobs for veterans continuing on President Barack Obama’s efforts to boost the economy through a series of executive actions.

“While we will continue to work with Congress to bring up the American Jobs Act piece-by-piece, we will increase our focus on taking executive actions that fight for the middle class because the American people simply can’t wait for the Republican Congress to act. … Today, we are announcing two new initiatives that will help create jobs for veterans at community health centers and expand opportunities for veterans to become physician assistants,” a White House official said.

The initiatives will be announced during a conference call with reporters at 10 a.m. today with Matt Flavin, director of the White House Veterans, Military Families and Wounded Warrior Task Force; HRSA administrator Mary Wakefield; and president of the National Association of Community Health Centers, Tom Van Coverden.

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Steve Benen: …. Yesterday, President Obama unveiled a new, and almost certainly better, initiative as part of the White House’s “We Can’t Wait” campaign. The point to provide assistance to 1 million households, helping them refinance at today’s strikingly-low interest rates and lowering their mortgage payments.

There are, of course, concerns about the scope of the effort. It’s a modest program that won’t directly affect most of those underwater…. Still, Brian Beutler reports there are some experts who see cause for cautious optimism:

“Under the restrung HARP, I expect an additional 1.05 million [refinancings] through the end of 2012 and 1.6 million [refinancings] through the end of 2013 when the program ends,” said Moody’s top economist Mark Zandi in an email. “While HARP won’t live up to the initial expectations of 4-5 million in refinancings, the program will ultimately provide a meaningful boost to the broader economy as financially stressed households will benefit from much lower mortgage payments. It will also provide a bit of help to the housing market by forestalling some mortgage defaults.”

…. It’s a modest step, but at least it’s in the right direction. Coupled with other steps, we might even start to see some larger progress. It certainly beats watching Congress implode into an obstructionist mess.

Full post here

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The first part of the video is about Condaleeza Rice’s new book, but if you forward to three minutes in there’s good stuff on the madness of Herman Cain.

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The GOP: Screwed

The Week

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Eugene Robinson: For the clueless or cynical diehards who deny global warming, it’s getting awfully cold out there.

The latest icy blast of reality comes from an eminent scientist whom the climate-change skeptics once lauded as one of their own. Richard Muller, a respected physicist at the University of California, Berkeley, used to dismiss alarmist climate research as being “polluted by political and activist frenzy.” Frustrated at what he considered shoddy science, Muller launched his own comprehensive study to set the record straight. Instead, the record set him straight.

“Global warming is real,” Muller wrote last week in The Wall Street Journal.

Rick Perry, Herman Cain, Michele Bachmann and the rest of the neo-Luddites who are turning the GOP into the anti-science party should pay attention.

…… It is the know-nothing politicians – not scientists – who are committing an unforgivable fraud.

Full article here

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OMG! GG will on Maddow tonight! OMG!

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24
Oct
11

bits ‘n’ pieces

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NYT

Thanks ChristiMtl – I suspect Krugman will be deeply disappointed if Joe Gagnon is right 😉

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Thanks Donna Dem

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Tuesday: The President will tape an appearance on “The Tonight Show with Jay Leno” before departing for San Francisco. In San Francisco, he will participate in a campaign event. In the afternoon the President will travel to Denver and participate in campaign events. He will spend Tuesday night in Denver.

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Text of the President’s remarks at today’s campaign event at the Bellagio Hotel and Casino in Las Vegas here

“Their leader, Mitch McConnell said that – and I’m going to make sure I quote this properly – saving jobs of teachers and firefighters was just, and I quote, a bailout. A bailout! These aren’t bad actors who somehow screwed up the economy. They didn’t act irresponsibly. These are the men and women who teach our children and patrol our streets and run into burning buildings and save people. They deserve our support.”

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This is great:

Eclectablog

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Gallup: U.S. Unemployment Down Sharply in Early October

What is Working

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Move On

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Worth seeing again:

Visit thanksobamacare.org

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I don’t read HuffyPo any more, but I’m guessing it’s looking something like this these days …..

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It’s Pete!

Chief Official White House photographer for President Barack Obama Pete Souza photographs Obama speaking on the American Jobs Act in Las Vegas, Nevada

24
Oct
11

make yourself at home

President Obama meets homeowners Jose Bonilla and Lissette Bonilla at a private residence in Las Vegas, October 24

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President departs McCarran International Airport in Las Vegas en route to Los Angeles

07
Oct
10

not so bank-friendly, eh?

The White House announced Thursday afternoon that President Obama would not sign a bill that some consumer advocates worried would make it more difficult for homeowners to fight fraudulent foreclosures.

Story




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