Category: Housing & Housing Crisis
By Linda Anselmi on Sep 6, 2010 in Economy, Housing & Housing Crisis, President Barack Obama | 89 Comments
Happy Labor Day, Mr. President! Now can I give you some Main Street advice? Get yourself some new advisors. Maybe some earthbound ones. Because, after listening to your speech on the economy from the White House Rose Garden last Friday, I, along with most of Main Street America, got the distinct impression you live on [...]
By Rabble Rouser Reverend Amy on Aug 9, 2010 in Barack Obama, Chicago Mansion, Current Affairs, Elitism, Emperor's Clothing Syndrome, Michelle Obama, Mortgage Crisis, Obama Family, Unemployment/Jobs | 218 Comments
/ Bumped Up / UPDATE: Two of them, actually. Since I am in my hometown after having seen my orthopaedist, and have to get something from my mom’s house (now my brother’s house), I have this on the jobs front. This came in on Friday, to add to the high Unemployment filings for the last [...]
By Rabble Rouser Reverend Amy on Jul 19, 2010 in Arrogance, Current Affairs, Depression, Economy, Elitism, Florida, Housing & Housing Crisis, Louisiana, Michelle Obama, National Debt, Off-Shore Drilling, President Barack Obama, Unemployment, Unemployment/Jobs | 144 Comments
One would be hard pressed these days to not know that many people in this country are struggling. New Unemployment claims continue to be over 400,000 weekly, and unemployment benefits have been extended to 99 weeks (yes, almost 2 years). The DOW continues to hover around 10,000. Home foreclosures are skyrocketing. People are struggling, they [...]
By Larry Doyle on Jun 14, 2010 in Economy, Fannie Mae, Franklin Raines, Freddie Mac, Housing & Housing Crisis, Mortgage Crisis, Sense on Cents (Larry Doyle blog) | 44 Comments
When the day of reckoning comes, the record will show that those misguided, incompetent and reckless legislators who supported and were supported by the house of cards known as Fannie Mae and Freddie Mac will have cost our nation untold hundreds of billions of dollars. In fact, the losses attributed to these organizations may ultimately [...]
By Rabble Rouser Reverend Amy on May 11, 2010 in Bailouts, Christopher Dodd, Congress (House & Senate), Current Affairs, Democrats, Economy, Fannie Mae, Freddie Mac, Governance, Housing & Housing Crisis, Mortgage Crisis, National Debt, Tim Geithner, U.S. Treasury, treasury department | 40 Comments
And Fannie Mae are not included in the big Financial Reform Bill? I am just curious since they helped create this economic situation in which we find ourselves, and have drained billions of dollars from the coffers over the past couple of years. Now they want MORE. Oh, yeah – Freddie Mac is asking for [...]
By Larry Doyle on May 8, 2010 in Economy, Housing & Housing Crisis, Mortgage Crisis, Mortgages, NoQuarter Radio, Sense on Cents (Larry Doyle blog) | 1 Comment
Editor’s Note: May 9th program concluded and promo bumped down. You can catch the podcast of the show via BlogTalkRadio or iTunes. Check the right column for instructions on how to listen via iTunes. The challenges on our economic landscape remain daunting. While employment and manufacturing may be stabilizing, the housing and mortgage markets remain [...]
By Anita Finlay ("Ani") on May 2, 2010 in Bailouts, Bank Bailouts, Bush administration, Current Affairs, Economic Stimulus, Elitism, Hillary Clinton, Immigration Reform, Mortgage Crisis, Obama Administration, Obama's Broken Promises, Off-Shore Drilling, President Barack Obama, Secretary of State Hillary Clinton, Wall Street | 145 Comments
If anyone wonders why 24% of the population identify with the Tea Party movement, or what prompted Jane Hampsher of FireDogLake to note that Progressivism Is Dead, while expressing fury at being sold out to corporate oligarchs and government elite, look no further than Peggy Noonan’s WSJ piece, The Big Alienation, which aptly describes the [...]
By Rabble Rouser Reverend Amy on Apr 23, 2010 in ACORN, Barack Obama, Chicago politics, Congress (House & Senate), Current Affairs, Mortgages | 143 Comments
ACORN’s Leader, Bertha Lewis, recently spoke to a group of young people. Her talk, excerpts below, was mighty interesting: Holy moley, did you catch all of that? Let’s see: Socialism, Check! Demean Tea Party members, Check! And on it goes. Perhaps it was because of this speech that ACORN’s funds are once again on hold, [...]
By Rabble Rouser Reverend Amy on Apr 1, 2010 in Bailouts, Bank Bailouts, Barack Obama, Bush administration, Congress (House & Senate), Current Affairs, Democrats, Depression, Fannie Mae, Franklin Raines, Freddie Mac, Housing & Housing Crisis, Mortgage Crisis, National Debt, Unemployment | 23 Comments
~~Bumped Up~~ The DOW continues to be on the rise, which is certainly some good news, particularly for investors. Unfortunately, that is not translating into new jobs. Quite the opposite, in fact. For the second week in a row, first time unemployment benefits have risen, this week close to half a million (484,000), a rise [...]
By Rabble Rouser Reverend Amy on Mar 27, 2010 in ACORN, Chicago politics, Congress (House & Senate), Fannie Mae, Freddie Mac, Home Loan, Mortgages, Racism | 93 Comments
Or is it? Much has been made of late about the national office of ACORN shutting down, on April 1st, no less. Yes, that is a bit telling in and of itself. Hence this article, ACORN SWAP?. That pretty much sets the tone: ACORN, the embattled community activist group, says it is disbanding. The group, [...]
By Larry Doyle on Mar 26, 2010 in Banks, Economy, Housing & Housing Crisis, Mortgages, Sense on Cents (Larry Doyle blog) | 116 Comments
My blood is boiling. Why? The assault on the principles of free market capitalism is escalating with news that banks are poised to start reducing principal balances on certain mortgages. I empathize with those who are strapped, but I have never felt more strongly on a topic than this principal reduction. Despite any and all [...]
By Larry Doyle on Mar 9, 2010 in Banks, Barney Frank, Current Affairs, Economy, Housing & Housing Crisis, Mortgage Crisis, Mortgages, Sense on Cents (Larry Doyle blog), Wall Street | 39 Comments
Banks are increasingly healthy, right? Our nation’s accounting rules promote real transparency and integrity in our financial reporting, right? Housing is bottoming, right? No, no, and no! Why so pessimistic, you may ask? I am not pessimistic at all. I am merely searching for the truth in the midst of the smoke and mirrors on [...]
By Rabble Rouser Reverend Amy on Feb 23, 2010 in ACORN, Bamboozling, Barack Obama, Campaign promises, Chicago, Chicago politics, Congress (House & Senate), Democrats, Fox News, Hoodwinking, Mortgages | 114 Comments
Is still a nut. You may have heard that ACORN, the group which has received millions of taxpayer dollars, and has misused millions of taxpayer dollars, is restructuring. Along with that comes a name change, to COI (Community Organizations International). I wonder what THAT means (the International part). I shudder to think. Here is the [...]
By Rabble Rouser Reverend Amy on Jan 29, 2010 in Bailouts, Bamboozling, Bank Bailouts, Congress (House & Senate), Current Affairs, Economy, Environment, Fannie Mae, Freddie Mac, Health Care, Hoodwinking, Housing & Housing Crisis, Obama's Broken Promises, President Barack Obama, TARP, Wall Street | 33 Comments
Jon Stewart had Harvard Professor, Elizabeth Warren on recently to discuss TARP and Wall Street. It was an interesting interview, to be sure (h/t to Pat), and provided a historical perspective: The Daily Show With Jon Stewart Mon – Thurs 11p / 10c
By Rabble Rouser Reverend Amy on Jan 22, 2010 in Arrogance, Bamboozling, Bank Bailouts, Barack Obama, Barney Frank, Bill Clinton, Chicago politics, Current Affairs, David Axelrod, David Plouffe, Democrats, Economy, Emperor's Clothing Syndrome, Fannie Mae, Flip Flopping, Foreign Affairs, Franklin Raines, Freddie Mac, Hoodwinking, Housing & Housing Crisis, Messiah, National Debt, National Infrastructure Investment Bank, Obama's Priorities, treasury department | 185 Comments
Like a voter scorned. Many of us are reaping the sweet rewards of, “I Told You So” with many of our Obot friends, family, and acquaintances. We did, we tried, we hoped, we cried, and nothing would sway them from the One True Messiah of Obama. Well, those days seem to be slipping away, don’t [...]
by Ronald Scott
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