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

The Most Powerful Special Interest in Washington: The Acronym

Sun, 20 May 2012 00:00:00 -0700

New York Times - By Micah Cohen - May. 20 (Opinion) - A linguistic plague is creeping through the nation's capital - the "bacronym," where a PAC or bill name is chosen so that the initial letters of each word form a desired word.

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The Great California Exodus

Sat, 21 Apr 2012 00:00:00 -0700

Wall Street Journal - By Joel Kotkin, ALLYSIA FINLEY - Apr. 21 (Interview) - A leading U.S. demographer and 'Truman Democrat' talks about what is driving the middle class out of the Golden State.

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Foreclosure settlement a failure of law, a triumph for bank attorneys

Mon, 27 Feb 2012 00:00:00 -0800

Washington Post - By Barry Ritholtz - Feb. 27 (Opinion) - After many months of wrangling, a foreclosure settlement has been reached between 49 state attorneys general and a consortium of banks. It is an epic failure of law and a triumph for bank attorneys.

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Catholic hospitals split on giving contraceptives

Mon, 06 Feb 2012 00:00:00 -0800

San Francisco Chronicle - By bottomline@sfchronicle.com (Andrew S. Ross, Chronicle Columnist) - Feb. 06 - Presented By: Chicago Booth Business Forecast Ads by ...

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Op-Ed Columnist: Things Are Not O.K.

Sun, 05 Feb 2012 00:00:00 -0800

New York Times - By Paul Krugman - Feb. 05 (Opinion) - The unemployment report was genuinely good, but there’s a downside: the calls to stop focusing on job creation.

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Op-Ed Columnist: A Banker Speaks, With Regret

Wed, 30 Nov 2011 00:00:00 -0800

New York Times - By Nicholas D. Kristof - Nov. 30 (Opinion) - A former banker for Chase Home Finance speaks up about how executives were encouraged to make subprime mortgages and were rewarded for it.

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Archbishop Rowan Williams backs revolt against coalition's welfare cuts

Sun, 20 Nov 2011 00:00:00 -0800

The Guardian - By Daniel Boffey - Nov. 20 - Church of England bishops unite to take a moral stand against controversial policies that they say will hit the poorest hardest Bishops across the country, backed by Rowan Williams, the archbishop of Canterbury, have condemned the coalition government's controversial welfare reforms, which they say risk pushing thousands of children into poverty and homelessness. Eighteen Church of England bishops, backed by Williams and the archbishop of York, John Sentamu, are demanding that ministers rewrite their flagship plan to impose a £500-a-week benefit cap on families. In an open letter in Observer, they say the Church of England has a "moral obligation to speak up for those who have no voice". Their message is that the cap could be "profoundly unjust" to the poorest children in society, especially those in larger families and those living in expensive major cities. The high-profile intervention comes after the Church of England became embroiled in an embarrassing row over its attitude to ...

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Is capitalism broken... and what is the world going to do to fix it?

Sun, 06 Nov 2011 00:00:00 -0700

The Guardian - By Yvonne Roberts - Nov. 06 (Opinion) - Louise Cooper, Will Hutton, Mark Littlewood, Tanya Paton and William Taylor join a round table discussion on the issues raised by the global Occupy movement T here is no doubt that it has been an extraordinary three weeks. It began with Occupy LSX taking up residence around St Paul's, a protest that exposed the dithering of the Church of England. Occupy LSX has since sparked a remarkable national debate about the kind of society in which we want to live, its priorities and values. In that spirit, the Observer brought together several opposing voices to continue the great debate. Yvonne Roberts So, can capitalism be fixed, Louise? Louise Cooper It's all a question of balance and I think it's moving the pivotal point back a little. Capitalism is clearly the only way that economies work. Capitalism works in the biggest communist state, China. So, as with everything, there needs to be a balance between the returns to those that supply capital and those that supply human capital. Maybe ...

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Fed-up customers taking action against big banks

Thu, 20 Oct 2011 00:00:00 -0700

Salt Lake Tribune - Oct. 20 - By paul beebe The Salt Lake Tribune Published Oct 19, 2011 07:41PM MDT Public anger that sparked the Occupy Wall Street protest is spilling over into direct action against Utah and U.S. banks, especially ones that took federal bailout money and charge high bank fees to make up for lost income while cutting back on lending and paying big bonuses. The fury is showing up in calls for customers to move their deposits to other banks or credit unions as a way to strike back at financial institutions that activists say have too much power in Washington. The latest moveme... ...

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Poll: Obama faces trouble with key voters

Sun, 28 Aug 2011 00:00:00 -0700

Salt Lake Tribune - Aug. 28 - By KEN THOMAS and JENNIFER AGIESTA The Associated Press Published Aug 27, 2011 05:13PM MDT Washington • Whites and women are a re-election problem for President Barack Obama. Younger voters and liberals, too, but to a lesser extent. All are important Democratic constituencies that helped him win the White House in 2008 and whose support he’ll need to keep it next year. An analysis of Associated Press-GfK polls, including the latest survey released last week, shows that Obama has lost ground among all those groups since he took office. The review points to his vulnerabilities and prob... ...

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Wendover’s nuclear secrets revealed

Sun, 28 Aug 2011 00:00:00 -0700

Salt Lake Tribune - Aug. 28 - By Scott D. Pierce The Salt Lake Tribune Published Aug 27, 2011 04:59PM MDT Wendover • For the first time in decades, Historic Wendover Airfield revealed its nuclear secrets to a small group of guests who got a look at what’s on the south side of the still-operational runway. And a peek at pieces of American history. Wendover is where flight crews trained to drop the atomic bombs that ended World War II and where those bombs, Fat Man and Little Boy, were developed and assembled (with the exception of the atomic warheads). “It’s awesome,” said Faye Sanders, of Salt Lake ... ...

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Huntsman hits Perry on climate change, Fed

Sun, 21 Aug 2011 00:00:00 -0700

Salt Lake Tribune - Aug. 21 - The Associated Press Published Aug 20, 2011 06:07PM MDT Washington • Presidential candidate Jon Huntsman is pounding away at rival Rick Perry’s skepticism of manmade global warming and criticism of the nation’s central banker, saying those stands hurt the GOP and make the Texas governor come off as a not-so-serious national figure. Huntsman, a former Utah governor who was President Barack Obama’s first ambassador to China, has trailed in early polls nationally and in early voting states, leading his campaign to pledge more aggressive attacks on the t... ...

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Fear of the tea party

Mon, 08 Aug 2011 00:00:00 -0700

Salt Lake Tribune - Aug. 08 - Published Aug 7, 2011 09:20PM MDT Shame on the Utah Republican members of Congress who voted against the bill to raise the nation’s debt limit. Contrast that to Rep. Jim Matheson and Rep. Gabrielle Giffords, D-Ariz., who put their country first above petty politics. Giffords, recovering from an assassin’s bullet, said she voted for the measure because “I could not take the chance that my absence could crash our economy.” Conservative-loving Utahns have been sold out by their so-called leaders in Washington who would not support ... ...

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Isolated, Vulnerable And Broke

Fri, 05 Aug 2011 00:00:00 -0700

New York Times - By Douglas S. Massey - Aug. 05 (Opinion) - ACCORDING to a new study by the Pew Research Center, Hispanic families saw the largest decline in wealth of any racial or ethnic group in the country during the latter half of the last decade: from 2005 to 2009, their median wealth fell by an astounding 66 percent. The reason? The implosion of the housing market, where Hispanic families had invested much of their wealth. But that’s only the latest chapter in a much longer story. Over the past two decades Hispanics have moved from the middle of the socioeconomic hierarchy, between blacks and whites, to a position below both. On virtually every indicator of socioeconomic welfare, Hispanics fell relative to blacks.

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Why Obama won’t face a primary challenge

Thu, 04 Aug 2011 00:00:00 -0700

Washington Post - By Harold Meyerson - Aug. 04 (Opinion) - President Obama is faring poorly these days, but he can console himself with the fact that he’ll probably be spared the fate of previous presidents who fell on hard times: a primary challenge. Those groups within the Democratic Party that might otherwise be shopping around for a more forthrightly progressive alternative are deterred by two factors: the likelihood that any challenge will end up helping a radicalized Republican Party and the fact that Obama is black.

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How the GOP lost on the debt deal

Wed, 03 Aug 2011 00:00:00 -0700

Los Angeles Times - By Daniel Markovits - Aug. 03 (Opinion) - The deal reached by Congress eliminates the leverage that would have been created by another imminent default until after the next election, where it will be exercised by new and possibly differently constituted players.

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GOP's hard right shift may put deal at risk

Mon, 18 Jul 2011 00:00:00 -0700

The Politico - By David Rogers - Jul. 18 - David Rogers / The Politico: GOP's hard right shift in debt talks may put deal at risk — Turning right with a vengeance, Republicans will bring to the House floor Tuesday a newly revised debt-ceiling bill that is remarkable for its total absence of compromise at this late date, two weeks before the threat of default.

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Why the Southwest is burning

Sat, 09 Jul 2011 00:00:00 -0700

Salt Lake Tribune - Jul. 09 - By william debuys Writers on the Range Published Jul 8, 2011 04:25PM MDT No big thing happens for just one reason. This season’s fires, cutting broad swaths across the Southwest, result from the convergence of three powerful forces: climatic drought, institutional tunnel vision, and old-fashioned human frailty. On the face of it, the drought is simple: There hasn’t been much rain or snow across much of the region, and the forests are tinder dry. Many people ask if climate change might be a factor. A definite answer is both impossible and obvious to give — impossible ... ...

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Pelosi's back at the table (Politico)

Sat, 09 Jul 2011 00:00:00 -0700

The Politico - Jul. 09 - Politico - She makes clear that House Democrats expect to be consulted more now than on past deals.

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Buffett: Jobs will come back with the housing market

Fri, 08 Jul 2011 00:00:00 -0700

San Jose Mercury News - Jul. 08 (Opinion) -

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Campbell: Time for sun to shine on legislative caucuses

Sat, 04 Jun 2011 00:00:00 -0700

Salt Lake Tribune - Jun. 04 (Opinion) - By Joel Campbell Special to The Tribune Published Jun 3, 2011 07:16PM MDT In a state where a supermajority of Republicans controls both chambers of the Legislature, it is time for citizens to demand that legislators hold open caucuses. Years ago, legislators exempted political caucus meetings from the open meetings law. Senate minority leader Ross Romero hoped to push SB254 during the 2011 session, but the bill never got beyond its title. Romero wants political caucuses subject to the same sunshine-in-government rules that govern meetings of everything from the local... ...

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New consumer agency under fire from GOP, banks

Wed, 16 Mar 2011 00:00:00 -0700

Associated Press - Mar. 16 - WASHINGTON (AP) -- Four months before formally opening its doors, the new federal watchdog for policing mortgages, credit cards and other financial products is under attack from Republicans and banks....

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The job ahead of us

Tue, 08 Mar 2011 00:00:00 -0800

Boston Globe - By Scott Brown - Mar. 08 (Opinion) - Massachusetts has the foundation for job creation in industries ranging from health care start-ups to manufacturing, technology, and finance, but our entrepreneurs need a better business environment to have confidence to expand, buy a new piece of equipment, or hire that extra worker. That is why we must reduce tax rates and give businesses more long-term certainty about the tax code.

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Welcome To the Jekyll-and-Hyde Economy

Tue, 22 Feb 2011 00:00:00 -0800

Portfolio - Feb. 22 - Home prices dropped in 18 of 20 cities according to a new report, but consumers are feeling better than they have in years.

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A new world disorder

Fri, 28 Jan 2011 00:00:00 -0800

Los Angeles Times - By Timothy Garton Ash Timothy Garton Ash - Jan. 28 (Opinion) - Can Western liberal capitalism learn to coexist with other styles, like those of China, India and Brazil's swiftly developing economies? It can -- and it must.Can Western liberal capitalism learn to coexist with other styles, like those of China, India and Brazil's swiftly developing economies? It can -- and it must.

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