Posted by Linda H on 3:46:00 PM
Conservative Leaders Put the 1 Percent Before the 99 Percent Time and Again
Introduction A detailed examination of the votes cast in the House of Representatives during the first session of the 112th Congress reveals that the conservative leadership of the chamber and their backbench Tea Party firebrands voted 279 times against the interests of American middle-class families. We can’t list all 279 of the votes, but we composed a list below of the most egregious ones.
These votes are emblematic of the scant concerns conservatives in the House have for our embattled middle class. Unfortunately for them the public is beginning to notice. The American people have begun to express
increased dissatisfaction with House Republicans. Here’s why.
Posted by Linda H on 3:29:00 PM
Posted by Linda H on 8:47:00 AM
The
Consumer Financial Protection Bureau says it's looking to overhaul rules on overdraft fees. The new agency will be seeking data from banks about how they handle overdrawn accounts, and how they assess fees. The agency plans to use this information to help consumers limit their exposure to these costly charges.
Posted by Linda H on 6:30:00 AM
The new pilot program by housing finance giant Fannie Mae to convert foreclosed homes into rentals is a promising first step toward revitalizing neighborhoods and stabilizing local housing markets—providing homeowners and renters alike with much-needed help. That said, details are scarce about the new program, which President Barack Obama unveiled yesterday
at a speech in Falls Church, Virginia. But so far we are encouraged by the care Fannie Mae is taking in screening potential participants given the impact this program will have in affected communities.
Certainly the president got it right yesterday. "We're working to turn more foreclosed homes into rental housing,” the president said, adding, “Because as a lot of families know, that empty house or for sale sign down the block can bring down prices for an entire neighborhood.”
Posted by Linda H on 6:21:00 AM
Posted by Linda H on 3:05:00 AM
The White House Office of Management and Budget has begun vetting upcoming Interior Department rules that will toughen regulation of the controversial natural-gas drilling method called hydraulic fracturing.
The Interior rules will require disclosure of the components used in fracking fluids, as well as provisions governing management of large volumes of “flowback” water from drilling sites and measures to ensure wellbore integrity.
Apple Needs to Make it in America
