Tuesday, June 24, 2008
WASHINGTON — A massive foreclosure rescue bill cleared a key Senate test Tuesday by an overwhelming margin, with Democrats and Republicans both eager to claim election-year credit for helping hard-pressed homeowners.
"This bill is a federal government bailout.", Sen. Mike Enzi, R-Wyo FoxNews.com June 24, 2008 Read more
NYTimes.com
U.S. Weighs Takeover of Two Mortgage Giants
Friday July 11, 12:35 pm ET
By STEPHEN LABATON and STEVEN R. WEISMAN
The Senate is debating a bill this week that has been touted as a solution to global warming – it contains so-called “cap-and-trade” restrictions on energy use. But what you probably haven’t heard from the media is that such a system could cost $1.7 trillion to $4.8 trillion – about the cost of “660 hurricanes – 35 per year – for two decades,” according to The Heritage Foundation.
That would come out somewhere between a $949 to $3,726 decline in income per household, per year.
The Business and Media Institute, June 4, 2008 read more
By Allison Klein
Washington Post Staff Writer
Thursday, June 5, 2008; A01
D.C. Police Chief Cathy L. Lanier announced a military-style checkpoint yesterday to stop cars this weekend in a Northeast Washington neighborhood inundated by gun violence, saying it will help keep criminals out of the area.
Starting on Saturday, officers will check drivers' identification and ask whether they have a "legitimate purpose" to be in the Trinidad area, such as going to a doctor or church or visiting friends or relatives. If not, the drivers will be turned away.
"I knew eventually we'd be a police state," said Wilhelmina Lawson, who has lived in the neighborhood for 20 years. Washington Post, June 5, 2008 Read more
Taxpayers May Face Hurricane Tab
By ELIZABETH WILLIAMSON/ Wall Street Journal
May 31, 2008; Page A1
WASHINGTON -- As hurricane season begins, Democrats in Congress want to nationalize a chunk of the insurance business that covers major storm-damage claims.
The proposal -- backed by giant insurers Allstate Corp. and State Farm Mutual Automobile Insurance Co., as well as Florida lawmakers -- focuses on "reinsurance," the policies bought by insurers themselves to protect against catastrophic losses. The proposal envisions a taxpayer-financed reinsurance program covering all 50 states, which would essentially backstop the giant insurers in case of disaster.
"I'm calling on the voters in both parties to demand that the nominee of their party publicly support a national disaster fund," said Florida state Sen. Steven Geller, an uncommitted Democratic superdelegate. "If they won't, vote for the other party." The Wall Street Journal May 31, 2008 Read more
WASHINGTON (AFP) — Barack Obama set his sights on November's general election Saturday as he campaigned in Oregon, where he hopes to declare victory in the race for the Democratic presidential nomination.
"We can't drive our SUVs and eat as much as we want and keep our homes on 72 degrees at all times ... and then just expect that other countries are going to say OK," Obama said. AFP read more
| The Rush Limbaugh Show 2008: The No-Choice Election |
| May 2, 2008 |
BEGIN TRANSCRIPT |
| RUSH: Jane in Detroit, I'm glad you called. It's Open Line Friday. Hello. CALLER: Hi, Rush. Thanks for taking my call. RUSH: Thank you. CALLER: And the one thing that I want to say is, you know, I understand Operation Chaos and what you're sorta trying to do. But at the end of all things, like John McCain is some kind of big prize that we're going to get at the end of it all? Read the entire transcript |
"Today the Senate stood up to Washington special interests by voting to reverse the FCC's disappointing media consolidation rules that I have fought against," he said. "Our nation's media market must reflect the diverse voices of our population, and it is essential that the FCC promotes the public interest and diversity in ownership." Barack Obama
Retired Commack superintendent and current Malverne schools chief James Hunderfund enjoys a special distinction. He collects the largest public pension in New York -- $316,245 a year. Newsday May 5, 2008 read more
FORT WAYNE, Ind. -- Is this an omen for how Tuesday's vote will go?
About 4,700 people filled this city's Headwaters Park to hear White House hopeful Barack Obama a few hours after rival Hillary Clinton drew 400 people to a rally at Indiana Tech University campus a mile away. But, to be fair, Clinton had a crowd of about 2,000 here a week ago.
Chicago Sun-Times May 5, 2008 read more
Machine Gun-Toting Officers To Patrol NYC Subway
"It's a very good idea. It's like a deterrent. It's going to make me feel safer, much safer, yes it will. It's a good idea," said commuter Patricia Knight Williams. wcbstv.com April 24, 2008 read more
Justice Dept. to monitor Pa. primary
PHILADELPHIA, April 21 (UPI) -- The U.S. Justice Department says it will monitor voting in Philadelphia during Pennsylvania's presidential primary election Tuesday. The federal monitors will be deployed to try to ensure compliance with federal voting rights laws, the Justice Department said in a news release Monday. The monitoring arises from an April 2007 agreement with the city that settled allegations Philadelphia had violated the Voting Rights Act and the National Voter Registration Act, the statement said. United Press International (UPI) April 21, 2008 read more
NEW YORK (CNNMoney.com) -- Sen. John McCain on Thursday offered his most detailed ideas to date for easing the strains of the economic downturn and the mortgage crisis. The presumptive Republican presidential nominee's speech touched on jobs, gas prices and the need to make loans more affordable for homeowners. He addressed a small business roundtable in Brooklyn, N.Y.
CNN Money April 10, 2008 read more
In the poll, 81 percent of respondents said they believed that “things have pretty seriously gotten off on the wrong track,” up from 69 percent a year ago and 35 percent in early 2003.
The New York Times April 3, 2008 read more