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fixing the foreclosure catastrophe

there039s frightening news that home foreclosure rates across the nation are spiking again it039s caused moodys to predict 2012 will set a new record for foreclosures the white house understands that the ongoing foreclosure nightmare is choking economic recovery and hopes to be able to announce changes to its main refinancing program within weeks to allow more homeowners perhaps millions more to participate while this is a step in the right direction and a clear signal president obama is doing everything in his power to ease the strain on american homeowners its not likely to have a transformative effect on the larger economy what039s really needed is a far more ambitious proposal like the one offered by martin feldstein a harvard professor and top economic advisor to president reagan of all people his idea reduce the principal on the mortgages so that the loans are no more than 110 of the value of the properties banks would absorb half the cost of the principal reduction and the government the rest he figures the losses could amount to 350 billionthe reality is that a bold plan like this one has absolutely no chance of passing for at least another year because the republican controlled house of representatives refuses to even consider a plan to address the housing crisis the gop has instead chosen - from the day obama was inaugurated - to create the worst possible economic conditions in the hope that voters will hold the president responsible for their economic woes in the next electionpart of this strategy is obviously working: congress039 inaction has without a doubt made the economy worsebut there is some reason to be optimistic: if the democrats and the president stay on message and are able to convince the american people that the obstructionist republicans are to blame for the lack of economic progress voters next year could make republicans pay handing obama large majorities in both houses in what would be a replay of 2008 this scenario seems more likely by the day as the weak field of republican presidential candidates continues to veer far to the right unfortunately for the underwater american homeowner election day is still a year away and a new better congress wouldn039t be able to take action until january 2013 when it039s sworn inread the full story here:http:wwwlatimescombusinessla-fi-obama-housing-2011102406824901storyjoin the conversation on facebookhttp:wwwfacebookcomthedailyconversationfollow the daily conversation on twitterhttp:wwwtwittercomthedailyconvo
jon stewart changes fox news 911 responders bill opinion

cenk uygur host of the young turks explains how jon stewart of the daily show changed fox news coverage of a bill to help 911 first respondersnew tyt network channels: http:wwwyoutubecomusertytsportshttp:wwwyoutubecomuserthetopvlognew tyt facebook page: http:wwwfacebookcomtytnationfollow us on twitter: http:twittercomtheyoungturks http:wwwtheyoungturkscommembershipdiscounts: http:wwwtheyoungturkscomgodaddyfree movies: http:wwwnetflixcomtytnote: the above two links are for tyt sponsorsread ana039s blog and subscribe at: http:wwwexaminercomx-5445-politics-in-education-examinertyt network new wtf channel: http:wwwyoutubecomuserwhattheflickshowcheck out tyt interviews http:wwwyoutubecom
bush tax cuts blew up deficit - r039s reject resolution

quothouse republicans unanimously rejected a resolution from rep gary peters stating among other things that the bush tax cuts added to the deficitquot the young turks host cenk uygur breaks it down including just how much the tax cuts added to the budget deficit http:wwwwashingtonpostcomblogsezra-kleinpostwonkbook-yes-tax-cuts-increase-the-deficit20120203giqabw9fmq_bloghtmlsubscribe to the young turks: http:bitlyewuu5ifind out how to watch the young turks on current by clicking here: http:wwwcurrentcomgettyt the largest online new show in the worldgoogle: http:wwwgplustotheyoungturksfacebook: http:wwwfacebookcomtytnationtwitter: http:twittercomtheyoungturks
probably gay the homophobia song - katie goodman039s broad comedy

more at http:wwwkatiegoodmancomwritten and directed by katie goodman and soren kisiel featuring left to right erin roberg katie goodman and maggie garver filmed by ryan stumpe and averingenuity edited by soren kisiel and ryan stumpe
december 04 2012 - ra dickey - the daily show with jon stewart - full episode video comedy central

the left and right debate fiscal cliff resolutions house republicans pass on diversity and mets pitcher ra dickey describes the brotherhood of the knuckleball
mitt romney: asking for apologies while launching attacks

share this: http:ofabosvdkvatweet this: http:ofabokbnccomitt romney accuses president obama of not talking about the issues but he has run a a campaign of carpet bombing and tearing down his opponents
the message: ronald reagan is not george washington

http:themessageiscomronald-reagan-is-not-george-washingtonyou039d think that ronald reagan was the second coming of jesus christ to hear republicans talk about him but what was the real reagan legacy we asked mc soul khan to battle the reagan record and drop some knowledge on the subject be sure to quotlikequot this video and share it with your friends to help spread the truth
sam seder denounces state legislators for advancing 039don039t say gay039 and 039saggy pants039 bills

keith and sam seder radio host of quotring of firequot and host of the majority report discuss the so-called don039t say gay bill introduced by republican state senator stacey campfield that has advanced in the tennessee state legislature as well as a bill to outlaw sagging pants in montgomery county ala that passed the alabama house of representatives by a 59-0 vote seder speculates that the impetus for such bills may be due to a sense of desperationtune in weeknights at 8:007:00c on current tvhttp:wwwcurrentcomshowscountdown
hustler founder flynt offers 1m for sex dirt on senators

hustler magazine founder larry flynt is offering 1 million dollars to anyone who can provide quotinformation about infidelity sexual impropriety or corruption concerning a current united states senator congressperson or prominent government officialquotquot ana kasparian and cenk uygur discuss on the young turks http:nowmsncomentertainment0305-larry-flynt-adaspxsubscribe to the young turks: http:bitlyewuu5ifind out how to watch the young turks on current by clicking here: http:wwwcurrentcomgettyt the largest online new show in the worldgoogle: http:wwwgplustotheyoungturksfacebook: http:wwwfacebookcomtytnationtwitter: http:twittercomtheyoungturks
obama second term plan for war on drugs

quotaccording to ambinder obama039s quotaides and associatesquot say that the president is looking to prioritize reform a reflection of the president039s long-held beliefs that strict drug prohibition and enforcement policies have done greater damage to society than goodquotsource: http:wwwhuffingtonpostcom20120702obama-drug-war_n_1643483htmltell us what you think obama should do if he gets a second term in the comment section belowsupport the young turks by subscribing http:bitlytytonyoutubelike us on facebook: http:wwwfbcomtytnationfollow us on twitter: http:twittercomtheyoungturksfind out how to watch the young turks on current by clicking here: http:wwwcurrentcomgettyt
sopa bill takes on new name in the senate

earlier this week president obama revealed the 2013 military defense budget for the department of defense which is roughly 614 billion and in it the cybersecurity budget has nearly double now the department of homeland security plans to monitor social media sites also the senate is attempting to return the controversial sopa bill but under a new name ginger mccall director for epic039s open government programs joins us to explain what this could mean to america039s privacylike us andor follow us:http:twittercomrt_americahttp:wwwfacebookcomrtamerica
mitt romney: saying anything to get elected

share this: http:ofabodbxgxktweet this: http:ofabosz6vxmmitt romney is launching a false attack but it turns out he actually agrees with president obama
republicans watch quotthe townquot - the daily show with jon stewart - 072811 - video clip comedy central

congressional republicans screen a clip from the boston-bank-robbers-in-nun-costumes flick airdate - 072811
tampered

share this: http:ofabol46budtweet this: http:ofabojwy9a8see the whole tape: http:ofabokub18avoice-over: quotseen this adquotpresident obama:quotif you got a business you didn039t build thatquotvoice-over:quotwait a minute romney deliberately altered the meaning of the president039s words actually he was talking about 039building infrastructure and education not that individuals don039t build their businesses039quotvoice-over: quotromney039s been caught doing this before another attack ad was called 039a blatant fast one for manipulating video of the president039 see the whole tape and decided for yourselfquotsee the whole tape and decide for yourself: http:ofabokub18a
bill maher thanks teabaggers and sarah palintoo funny - 32610

bill maher thanks the teabaggers for quothelping passquot the new healthcare reform bill in a way only bill maher can we also have new rules for march 26th 2010 and a little revisit of sarah palin039s quothows that hopey changey stuff working out for yaquot