NewsTrust - Housing - Most Recent Stories: Opinion (Independent)

Reagan’s Road to Climate Perdition

Mon, 30 Jan 2012 00:00:00 -0800

Consortium News - By Consortiumnews.com - Jan. 30 - Reagan’s Road to Climate Perdition

NewsTrust Rating: 4.7 average (not enough reviews) - See Review » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

The Most Important Speech of His Presidency

Wed, 07 Dec 2011 00:00:00 -0800

Robert Reich's Blog - By Robert Reich - Dec. 07 (Opinion) - The President’s speech today in Osawatomie, Kansas — where Teddy Roosevelt gave his “New Nationalism” speech in 1910 — is the most important economic speech of his presidency in terms of connecting the dots, laying out the reasons behind our economic and political crises, and asserting a willingness to take on the powerful and the privileged that have gamed the system to their advantage.

NewsTrust Rating: 4.1 average - 5 Reviews » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Obama's "21st Century Trade Deals" Look a Lot Like the Same Bad Policies He Campaigned Against

Fri, 09 Sep 2011 00:00:00 -0700

AlterNet - By Timothy A. Wise, Kevin Gallagher, Comment Is Free - Sep. 09 - Starting this week in Chicago, the US will be hosting the first major trade negotiations since the "Battle in Seattle" World Trade Organisation talks came here in 1999.

NewsTrust Rating: 4.8 average (not enough reviews) - See Review » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

AARP wobbling on Social Security

Mon, 20 Jun 2011 00:00:00 -0700

Crooks and Liars - By John Amato - Jun. 20 (Opinion) - Who would have ever thunk it was possible that under a Democratic President, the idea of cutting benefits to Social Security and deficit reduction hawks would be so prevalent? The beltway media has really forced the issue of fearmongering the American people on the federal debt which is the only way Republicans could ever get any traction for their hatred of New Deal and Great Society programs. Even with a total global financial meltdown and high unemployment, all the polls show Americans still do not want their Medicare, Medicaid or Social Security touched, privatized or voucherized, but that hasn't stopped the Villagers from telling us to get serious and be adults about 'entitlements." Republicans will always attack these incredible has programs brought us dignity as we get older and have made this country special because now seniors and the elderly are taken care of in a way that so appalled Presidents like FDR, Truman, Eisenhower, JFK and LBJ. Even Nixon wanted some sort of universal health ...

NewsTrust Rating: 3.0 average (not enough reviews) - See Reviews » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

On way out, Chicago Mayor Daley designates former anti-gay police station as home for low-income LGBT seniors

Fri, 13 May 2011 14:46:00 -0700

Washington Independent - By Sofia Resnick - May. 13 - New studies linking hormonal-contraceptive use to changes in women’s chemical reactions to their romantic partners have been repackaged by the news service of anti-abortion rights marketing group Heroic Media — Heroic News — as findings that women who us

NewsTrust Rating: 3.0 average (not enough reviews) - See Review » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Make Wall St. Pay for the Catastrophe They Caused: New Bill Would Fine Banks $20,000 for Each Forclosure

Mon, 02 May 2011 00:00:00 -0700

AlterNet - By Peter Dreier - May. 02 (Opinion) - We can't solve California's fiscal disaster without addressing the foreclosure crisis. It doesn't make sense to make severe cuts to state and local budgets only to allow Wall Street banks and their overpaid CEOs to drain billions more from our states. The banks created the housing crisis with toxic lending practices and they need to be part of this solution.

NewsTrust Rating: 4.2 average (not enough reviews) - See Reviews » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Robert Scheer: In Money-Changers We Trust - Robert Scheer's Columns - Truthdig

Mon, 03 Jan 2011 00:00:00 -0800

TruthDig - Jan. 03 (Opinion) - Two years into the Obama presidency and the economic data is still looking grim. Don’t be fooled by the gyrations of the stock market, where optimism is mostly a reflection of the ability of financial corporations—thanks to massive government largesse—to survive the mess they created. - 2010/12/28

NewsTrust Rating: 3.5 average (not enough reviews) - See Review » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Housing Double-Dip Ahead

Mon, 27 Dec 2010 00:00:00 -0800

finance.yahoo.com - Dec. 27 (Opinion) - David Rosenberg, chief economist at Gluskin Sheff, tells CNBC another decline in housing prices is being underestimated.

NewsTrust Rating: 2.9 average (not enough reviews) - See Review » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

The Big Economic Story, and Why Obama Isn’t Telling It

Thu, 02 Dec 2010 00:00:00 -0800

Robert Reich's Blog - Dec. 02 (Opinion) - by Robert ReichQuiz: What’s responsible for the lousy economy most Americans continue to wallow in? A. Big government, bureaucrats, and the cultural and intellectual elites who back them. B. Big business, Wall Street, and the powerful and privileged who represent them. These are the two competing stories Americans are telling one another.read more

NewsTrust Rating: 3.4 average (not enough reviews) - See Review » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Reconsidering Japan… Reconsidering Paul Krugman

Sat, 20 Nov 2010 00:00:00 -0800

Common Dreams - Nov. 20 - by Steven HillThe New York Times is doing a series on Japan that it describes as an examination of "the effects on Japanese society of two decades of economic stagnation and declining prices." Reading the series is about as cheery a task as rubbernecking at a car wreck on I-95. But unfortunately the Times series simply repeats the "conventional wisdom" about Japan put out by the same economic experts who missed an $8 trillion housing bubble in the United States, and in fact have been wrong on most of the big economic issues over the past two decades.read more

NewsTrust Rating: 3.9 average - 6 Reviews » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

The Next Boom

Mon, 25 Oct 2010 00:00:00 -0700

Matthew Yglesias - By Matthew Yglesias - Oct. 25 (Opinion) - Even people who are eager to move to denser urban neighborhoods are almost shockingly hostile to the idea of anything in the existing neighborhood being redeveloped in a denser way. So it seems to me that any change that happens, if it does happen, will have to take place on a longer time horizon than Doherty and Leinberger seem to have in mind since there’s a lot of persuasion work that has to be done.

NewsTrust Rating: 3.2 average - 4 Reviews » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

It's Time For Jail Terms

Thu, 14 Oct 2010 00:00:00 -0700

Digby's Hullabaloo - By Digby - Oct. 14 (Opinion) - People should go to directly jail at this point, do not pass go. The real estate market is still officially f***ed and while everyone wants it to "find its bottom" coddling the big financial institutions and their crooked subsidiaries and contractors has not worked all that well for average Americans at any point in this ongoing crisis (or for Democrats for that matter.)

NewsTrust Rating: 3.9 average (not enough reviews) - See Review » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Invasion of the Robot Home Snatchers

Thu, 14 Oct 2010 00:00:00 -0700

The Nation - By Robert Scheer - Oct. 14 (Editorial) - To engage in the recklessness of turning people’s homes—their castles and nest eggs—into playthings of Wall Street market hustlers, or securitization of the assets, as it was termed, homeownership record-keeping had to be mangled beyond recognition.

NewsTrust Rating: 3.0 average (not enough reviews) - See Review » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

The Foreclosure Fraud's Outrage Gap

Tue, 12 Oct 2010 00:00:00 -0700

Consortium News - By Danny Schechter - Oct. 12 (Opinion) - “It turns out that banks in that state are so confident of their above the law status that they’ve also taken to casually changing the locks on and entering homes they don’t own, meaning haven’t foreclosed upon. This has become sufficiently common that the local press has taken notice.” The only problem behind this flim-flam was that this practice violated the law in at least 23 states leading to big banks imposing long overdue foreclosure moratoriums, not to safeguard human rights but to protect their property rights. The banks fear massive and very costly lawsuits.

NewsTrust Rating: 3.8 average (not enough reviews) - See Reviews » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Cantor Claims $2.8 Trillion In New Debt Is Greater Than $10.6 Trillion In Existing Debt

Sat, 02 Oct 2010 00:00:00 -0700

Think Progress - Oct. 02 (Opinion) - Cantor Claims $2.8 Trillion In New Debt Is Greater Than $10.6 Trillion In Existing Debt

NewsTrust Rating: 2.0 average (not enough reviews) - See Review » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Taking the Taming of Wall Street Seriously

Tue, 31 Aug 2010 00:00:00 -0700

International Policy Analysis - Aug. 31 (Opinion) - President Obama’s adoption of the “Volcker Rule” for US banking should perhaps be taken more seriously than a preposterous “maginot line” as in the Financial Time’’ editorial of Januar 23. Not that we believe the separation of deposit-taking banks and securities businesses will solve the problems of the “shadow banking sector”, which spawned the sub-prime bubble. For one, Germany’s industrial development from the 1860′s to the 1990′s has been financed by universal banks sticking, by and large, to conventional practice with reasonable risk management in both lending and securities businesses. What should be taken seriously is the emergence of bipartisan frustration in the US Congress with the pattern of Wall Street selling fallacies as “financial innovation” with disastrous effects on the real economy, the balance-sheets of the middle class, as well as fiscal and monetary stability.

NewsTrust Rating: 3.7 average - 3 Reviews » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

The Myth of the Free Market

Mon, 16 Aug 2010 00:00:00 -0700

Common Dreams - Aug. 16 - by Craig BarnesMillions of Americans are today unemployed because the free market is not working for them. Millions of Americans have lost their homes because the free market did not work for them or for the banks. Before the health care bill passed last January millions could not get health care because the free market worked for them when they were healthy but often did not work at all when they needed care.read more

NewsTrust Rating: 2.3 average (not enough reviews) - See Review » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

"Gaming the System": Study Details How Big Banks are Avoiding Lending Obligations Under Community Reinvestment Act

Thu, 12 Aug 2010 00:00:00 -0700

Democracy Now - By Liz Ryan Murray, Dr. Eugene Barnes, Amy Goodman, Juan Gonzalez - Aug. 12 (Interview) - A new report from National People's Action shows how big banks have been able to wiggle around their obligations under the Community Reinvestment Act. The act was passed in 1977 to stop the redlining of low-income neighborhoods and communities of color. Federal bank and thrift regulatory agencies are holding a public hearing in Chicago today, one of several held nationwide this summer to re-evaluate the Act.

NewsTrust Rating: 3.8 average (not enough reviews) - See Reviews » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Scare the Hell out of Bankers: It's the Key to Recovery - New Republic

Fri, 09 Jul 2010 00:00:00 -0700

New Republic - By James Galbraith - Jul. 09 (Opinion) - The financial crisis in America isn't over. It's ongoing, it remains unresolved, and it stands in the way of full economic recovery. The cause, at the deepest level, was a breakdown in the rule of law. And it follows that the first step toward prosperity is to restore the rule of law in the financial sector.

NewsTrust Rating: Not rated yet - See Info » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Why We’re Falling Into a Double-Dip Recession

Fri, 04 Jun 2010 00:00:00 -0700

TruthOut - Jun. 04 - We?re falling into a double-dip recession. The Labor Department reports this morning that the private sector added a measly 41,000 net new jobs in May. (The vast bulk of new jobs in May were temporary government Census workers.) But at least 100,000 new jobs are needed every month just to keep up with population growth. In other words, the labor market continues to deteriorate. The average length of unemployment continues to rise ? now up to 34.4 weeks (up from 33 weeks in April). That?s another record. read more

NewsTrust Rating: 3.0 average (not enough reviews) - See Review » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Where Power Lives

Wed, 24 Mar 2010 00:00:00 -0700

New York Observer - By Tom Acitelli - Mar. 24 (Interview) - As the city's fortunes have changed, so have its neighborhoods. We plot where New York's A-listers now live, and profile two buildings at the center of the shift. Don't have an Observer.com account? You can use your Facebook account instead. The New

NewsTrust Rating: Not rated yet - See Info » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

We Cannot 'Techno-Fix' Our Way to a Sustainable Future

Tue, 23 Mar 2010 00:00:00 -0700

Common Dreams - Mar. 23 - by Rachel SmolkerThis week, California will host the Asilomar International Conference on Climate Intervention Technologies. The conference follows hearings last week in the US House of Representatives and a report from the UK Committee on Science and Technology, as well as a recent report from the Government Accounting Office, all following on the heels of earlier reports from the Royal Society. In short, there is a lot of high level interest in the topic.read more

NewsTrust Rating: 3.8 average (not enough reviews) - See Review » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Allan Gerson: Tripping in Jerusalem: The Biden-Israel "Flap"

Wed, 17 Mar 2010 14:38:41 -0700

Huffington Post - Mar. 17 - CBC.caTripping in Jerusalem: The Biden-Israel "Flap"Huffington Post (blog)He could ill afford to see an Israeli show of discourtesy in revealing an embarrassing truth - that Israel had no intention of curbing housing starts in ...Israel Seeks to Mend Rift With the USNew York TimesUS and Israel push to end East Jerusalem building rowBBC NewsPalestinians must not stay on the sidelines, official saysLos Angeles TimesReuters?-Christian Science Monitor?-Xinhuaall 6,591 news articles??

NewsTrust Rating: 4.5 average (not enough reviews) - See Review » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Why Democrat John Hall Does Not Deserve an Endorsement From MoveOn.org

Tue, 09 Mar 2010 00:00:00 -0800

AlterNet - By Stephen Zunes - Mar. 09 (Opinion) - John Hall is a former musician and supporter of progressive causes. But since he was elected to Congress, he has become one of the most shameless defenders of Israel's crimes.

NewsTrust Rating: Not rated yet - See Info » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

False Profits

Sun, 07 Feb 2010 00:00:00 -0800

TruthOut - By Leslie Thatcher - Feb. 07 (Review) - False Profits: Recovering From the Bubble Economy By Dean Baker PoliPoint Press, 2010 He who feels punctured must once have been a bubble. - Lao Tzu, Tao Te Ching, 6th century BCEread more

NewsTrust Rating: 4.8 average (not enough reviews) - See Review » - Review It Visit NewsTrust | About | Sign Up | Disclaimer