U.S. home foreclosure activity galloped to a record in the first half of the year, overwhelming broad efforts to remedy failing loans while job losses escalated.
Foreclosure filings jumped to a record 1.9 million on more than 1.5 million properties in the first six months of the year, RealtyTrac said on Thursday.
The number of properties drawing filings, which include notices of default and auctions, jumped 9.0 percent from the second half of 2008 and almost 15 percent from the first half of last year.
“Despite everybody’s best efforts to date we’re not really making any headway against the problem,” Rick Sharga, senior vice president at RealtyTrac in Irvine, California, said in an interview.
via Foreclosures at record high in first half 2009 despite aid – Yahoo! News.
Obama Socialism
DEM HEALTH RX A POI$ON PILL IN NY – New York Post
Congressional plans to fund a massive health-care overhaul could have a job-killing effect on New York, creating a tax rate of nearly 60 percent for the state’s top earners and possibly pressuring small-business owners to shed workers.
IBDeditorials.com: Editorials, Political Cartoons, and Polls from Investor’s Business Daily — It’s Not An Option
The healthcare (or lack thereof) must be defeated! Call your senators.
It didn’t take long to run into an “uh-oh” moment when reading the House’s “health care for all Americans” bill. Right there on Page 16 is a provision making individual private medical insurance illegal.
Democrats want to impose “surtax” to finance health care – WSJ.com
A new study by the Kaufman Foundation finds that small business entrepreneurs have led America out of its last seven post-World War II recessions. They also generate about two of every three new jobs during a recovery. The more the Obama Democrats reveal of their policies, the more it’s clear that they prize income redistribution above all else, including job creation and economic growth.
via Democrats want to impose “surtax” to finance health care – WSJ.com.
Black-White Gap in Jobless Rate Widens in New York City – NYTimes.com
Economists said they were not certain why so many more blacks were losing their jobs in New York, especially when a large share of the layoffs in the city have been in fields where they are not well represented, like finance and professional services. But in those sectors, the economists suggested that blacks may have had less seniority when layoffs occurred. And black workers hold an outsize share of the jobs in retailing and other service industries that have been shrinking as consumers curtail their spending.
via Black-White Gap in Jobless Rate Widens in New York City – NYTimes.com.
Some simple math for Barry Little League, hurt the employers and buyers and you’ll always end up hurt the only citizens you care about, your voting handouts.
Low taxes for all is the only way, but leave alone learning in time, you’ll just never learn. 3.5 years to go before we can get some basic IQ back in office.
Billions in aid go to areas that backed Obama in ’08 – USATODAY.com
Disgusting.
Counties that supported Obama last year have reaped twice as much money per person from the administration’s $787 billion economic stimulus package as those that voted for his Republican rival, Sen. John McCain, a USA TODAY analysis of government disclosure and accounting records shows. That money includes aid to repair military bases, improve public housing and help students pay for college.
via Billions in aid go to areas that backed Obama in ’08 – USATODAY.com.
YouTube – Rep. John Fleming Health Care Resolution
RNC Knocks Obama For “Failed Stimulus Plan”
Obama & Crew: Excellence Versus Nothing – HUMAN EVENTS
It is no wonder to me why President Obama believes and does what he does: he has zero experience in the private sector, zero executive experience, and even very limited experience in government.
It’s Now or Never on Nationalized Health Care – HUMAN EVENTS
One of the most basic precepts of medicine is that you cannot effectively treat the problem until you get the diagnosis right. Yet Democrats have terribly misdiagnosed the disease in American health care. As with nearly everything, they have decided the problem in our health care delivery system is a shortage of government intervention.
via It’s Now or Never on Nationalized Health Care – HUMAN EVENTS.