Help The Middle ClassNews and Information For The Heart Of America
Michael Gerson – President Obama betrays his community-organizer roots – washingtonpost.com
Former community organizer Barack Obama once seemed to recognize the important role of community institutions. It was among his few credible claims to ideological outreach. On the eve of his inauguration, cameras in tow, Obama took a paint roller to the walls of a D.C. homeless shelter. He retained the White House office that promotes [...]
aig – Salon.com
How much worse can the handling of the AIG “backdoor bailout” of late 2008 begin to smell? Bloomberg has a new story reporting that representatives of the Federal Reserve Bank of New York, which at the time was helmed by Timothy Geithner, told AIG not to reveal the names of the counterparties that the insurance [...]
MAN IN THE MIDDLE OPINION: TIME FOR OBAMA TO LEAVE THE GOLF COURSE, RETURN TO WASHINTON AND HAND NAPOLITANO HER ‘WALKING PAPERS’
Regarding the attempted terrorist attack on an inbound international flight, there is enough blame to go around. As fresh intelligence information reaches us by the hour it is clear the failure stretches from Yemen to Amsterdam to London to Washington. The breakdown of procedures and information sharing will span several key agencies and a number [...]
White Americans’ Majority To End By Mid-Century (Yahoo! News)
The estimated time when whites will no longer make up the majority of Americans has been pushed back eight years — to 2050 — because the recession and stricter immigration policies have slowed the flow of foreigners into the U.S.
Census Bureau figures released Wednesday update last year’s prediction that white children would become a minority [...]
You Used Your Credit Cards, Now It Is Payback Time. Banks Get Their “Blood From A Stone’
Karen King owes nearly $36,000, more than she’s ever earned in a year.
All day long, bill collectors call. She hunts for a second job, sometimes skips meals, and stays with other family members at a grandfather’s crowded apartment, trying to get out of debt and turn her life around.
She largely holds herself at fault. “Years [...]
Inspector General Report: Bernanke, Paulson Misled Public On Bailouts
Federal Reserve Chairman Ben S. Bernanke and former Treasury Secretary Henry M. Paulson Jr. misled the public about the financial weakness of Bank of America and other early recipients of the government’s $700 billion Wall Street bailout, creating “unrealistic expectations” about the companies and damaging the program’s credibility, according to a report by the program’s [...]
Special Report: More Than 1M Preemies Die In First Month Annually
More than 1 million babies born prematurely die each year before they are a month old, the March of Dimes said Sunday in the first comprehensive global report on premature births.
The organization suggested the situation could worsen if the rate of premature births increases.
Each year, 12.9 million infants — or nearly 10 percent of the [...]
MAN IN THE MIDDLE – POV: POTUS Shuns Fox News On Media Blitzkrieg. What Is He Afraid Of?
Fox News does not need me to defend them, they’re doing just fine on their own. The ratings are up beating CNN in the key demos and MSNBC is a distant 3rd. Over the past couple of weeks, they have scored significant victories to further their political agenda.
With more Americans watching Fox, you’d think POTUS [...]
GDP: Don’t believe the hype – Jul. 27, 2009
GDP: Don’t believe the hype
Even if the government reports a surprise boost to second quarter GDP, few economists are predicting a massive recovery just yet.
NEW YORK (CNNMoney.com) — This question seemed unthinkable to ask just a few months ago, but here goes: Did the economy actually grow during the past three months?
A few brave economists [...]
Credit Card Companies Start ‘Playing Ball’: Slashing Card Balances
The banks were bailed out last fall, the automobile companies last winter. For Edward McClelland, a writer in Chicago, deliverance finally arrived a few days ago.
Mr. McClelland’scredit card company was calling yet again, wondering when it could expect the next installment on his delinquent account. He proposed paying half of his $5,486 balance and calling [...]
