stimulus bill

Foreclosures at record high in first half 2009 despite aid – Yahoo! News

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.

Democrats Hide Socialist Healthcare Foundation in Bill

From the WSJ today…

Tom Daschle is still waiting to be confirmed as secretary of health and human services, not that he’s in any rush. Democrats are already enacting his and Barack Obama’s agenda of government-run health care — entirely on the QT.

[Potomac Watch] Martin Kozlowski

This was the real accomplishment of this week’s House vote for the $819 billion “stimulus,” and is the overriding theme of Congress’s first month. With the nation occupied with the financial crisis, and with that crisis providing cover, Democrats have been passing provision after provision to nationalize health care.

Read the article here