Help The Middle ClassNews and Information For The Heart Of America
Obama Foreclosure Plan Falling Far Short On Goals (Washington Post)
The Obama administration disclosed on Friday that it has made little progress in helping struggling homeowners attain long-term relief under its signature foreclosure-prevention effort, reaching only 18 percent of the target announced just six weeks ago.
On Nov. 30, the administration kicked off a “Mortgage Modification Conversion Drive” to help distressed borrowers in the trial phase [...]
Obama Administration Ready To Make Loans To Nuclear Power Industry (CNBC/Reuters)
The Obama administration is poised to announce loan guarantees to help kick-start the country’s nuclear power industry, which hasn’t built a new plant in more than three decades.
Congress authorized $18.5 billion for nuclear loan guarantees in 2005, hoping to revive development of the carbon-free source of energy. Investments in nuclear power has dried up on [...]
Netanyahu to Meet Obama As Relationship Becomes More Unsettled
The last time Benjamin Netanyahu met an American president as Israel’s new leader, in 1996, it did not go well. Mr. Netanyahu lectured President Bill Clinton about Arab-Israeli relations, aides recalled, driving Mr. Clinton into a profane outburst after his guest left.
Mr. Netanyahu is likely to avoid a repeat of that when he meets President [...]
U.S. Sends Emergency Aid To Pakistan
The United States is rushing emergency aid to Pakistan — an initial $5 million — to help people uprooted by the fighting against extremists, according to the State Department.
The United States urged the Pakistanis to launch the military action that in recent days drove hundreds of thousands of people from their villages.
Meanwhile, the Senate Foreign [...]
Opinion From The Right: THE FIRST 100 DAYS: An Administration Filled With Far-Left Extremists
Longtime conservative leader Morton Blackwell, a Reagan administration alumni and once the youngest Goldwater delegate at the GOP convention, is perhaps best know as the originator of the phrase “Personnel is policy.”
Blackwell’s observation speaks a great truth about American government. Since no one man or woman can do it all, alone, we have followed [...]
Taliban Advances Toward Pakistan Capital Islamabad
Pushing deeper into Pakistan, Taliban militants have established effective control of a strategically important district just 70 miles from the capital, Islamabad, officials and residents said Wednesday.
The fall of the district, Buner, did not mean that the Taliban could imminently threaten Islamabad. But it was another indication of the gathering strength of the insurgency and [...]
History Lesson: When Taxes On The Rich Rise, Revenues Fall – Every Time
But what if they already are paying their fair share – and then some? And what if it backfires
When I was a good young socialist in the 1970s, I thought progressive taxation was wonderful: Rob from the rich to pay the poor. As I grew older and possibly wiser, I confronted basic economic facts as [...]
Henry A. Kissinger – Obama’s Foreign Policy Challenge
The vast diplomatic agenda that the Obama administration has adopted will test its ability to harmonize national priorities such as relations with Iran and North Korea with global and multilateral concerns. President Obama has come into office at a moment of unique opportunity. The economic crisis absorbs the energies of all the major powers; whatever [...]
Poll: Support For Democrats Shrinking
As Congress comes back after a two-week recess, a national poll indicates the honeymoon may be over for congressional Democrats, although they maintain a decided advantage over the GOP.
Forty-nine percent of people questioned this month in a CNN/Opinion Research Corp. national survey say the country is better off with the Democrats controlling Congress. That’s down [...]
Housing Construction Fell Again in March
In twin signals that the housing market continues to stumble lower, construction of new homes fell sharply last month, and foreclosures surged in the first quarter, according to reports released on Thursday.
The government reported that new home starts fell 10.8 percent in March from February, just a month after a sharp spike in new-home construction [...]
