THE UNDERREPORTED STORY OF THE DAY: Blue Dog Dems Meet With Pelosi Over Health Care – “Meeting Did Not Go Well”

Centrist Democrats are threatening to oppose their party’s healthcare legislation unless House Speaker Nancy Pelosi (D-Calif.) accepts changes that make the bill more to their liking.
Seven Blue Dogs on the House Energy and Commerce Committee have banded together to draft amendments that they’ll co-sponsor in the committee markup, which starts Thursday. Rep. Mike Ross (D-Ark.), [...]

Joe Biden Stupid Comment of the Week!

JOE BIDEN: WE HAVE TO GO SPEND MONEY TO KEEP FROM GOING BANKRUPT: Vice President Joe Biden told people attending an AARP town hall meeting that unless the Democrat-supported health care plan becomes law the nation will go bankrupt and that the only way to avoid that fate is for the government to spend more [...]

POTUS Attempts To Take Control Of Media To Push His Health Care Bill

Six months into his presidency, Barack Obama may have no greater test of his ability to translate personal popularity into a successful legislative agenda than the upcoming two weeks.
With skepticism about the president’s health-care reform effort mounting on Capitol Hill — even within his own party — the White House has launched a new phase [...]

POTUS Ally Gov. Brian Schweitzer Gives ObamaCare A Thumbs Down

During the course of the presidential campaign, Gov. Brian Schweitzer (D-Mont.) was often rumored to be on then Sen. Barack Obama’s vice presidential short list. At the Democratic National Convention he gave one of the most crowd-pleasing speeches — a blue-collared take on Democratic politics with a healthy dose of acid-tongue pokes at Sen. John [...]

Democrats Grow Wary As Health Bill Advances: POTUS Says Health Plan Won’t Add To Deficit, But Gives No Proof

Three of the five Congressional committees working on legislation to reinvent the nation’s health care system delivered bills this week along the lines proposed by President Obama. But instead of celebrating their success, many Democrats were apprehensive, nervous and defensive.
Even as Democratic leaders and the White House insisted that the nation was closer than ever [...]

Latest CBO Reports Pins $230 Billion More In Deficit Spending To Health Bill

House Democratic legislation overhauling the nation’s health care system would add more than $230 billion to the federal budget deficit over the next ten years, according to the Congressional Budget Office, the official scorekeeper of legislation on Capitol Hill.
That assessment means the legislation violates one of main principles that President Barack Obama has set for [...]

Unemployment Hitting 10% In 15 States – Michigan & California Leading The Pack

Unemployment topped 10 percent in 15 states and the District of Columbia last month, according to federal data released Friday. The rate in Michigan surpassed 15 percent, the first time any state hit that mark since 1984.
Home to the nation’s struggling auto makers, Michigan has been clobbered by lost factory jobs. Its jobless rate of [...]

THE HEAT IS ON POTUS: Gang Of Six Centrist Senators Demands Delay On Health Care Reform

The Congressional Budget Office analysis is is a “devastating blow” to the Health Care bill, Senator Ben Nelson (D) said Friday on CNN radio. He also spoke derisively of the House health care reform effort, which taxes the wealthy to subsidize coverage, calling it “class warfare.”
A bipartisan group of centrist and conservative senators [...]

Small Businesses Get Kicked Again By The White House

The White House’s gamble to cut off aid to struggling lender CIT Group Inc. caps a string of decisions opening President Barack Obama to attacks that his administration hasn’t done enough to help small businesses
Republicans, lobbyists and some small businessmen noted Thursday that the lender to many small and medium-size firms was left to fend [...]

6 Things You Need To Know About Home Foreclosures

Five months after the Obama administration unveiled a sweeping initiative designed to reach 9 million struggling homeowners, home foreclosures continue to rise at an alarming rate. Foreclosure filings were reported on more than 1.5 million properties in the first six months of the year, a 15 percent increase over the same period of last year, [...]