Archives for News

Foreclosures drop 9 percent in October

The number of U.S. homes repossessed by lenders last month fell by the sharpest margin this year, as several major lenders temporarily halted most or all of their foreclosures amid allegations thousands of foreclosures were handled improperly. Home repossessions dropped 9 percent from September to October, foreclosure listing firm RealtyTrac Inc. said Thursday. The decline represents the first significant hitch in a foreclosure steamroller that’s had lenders on pace to seize more than 1 million homes this year. In recent weeks, some lenders that had suspended taking action against borrowers severely behind in payments have announced plans to resume doing
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Veterans Day 2010

In honor of Veterans Day 2010, we’ve gathered images and profiles of incredible United Stated soldiers who have received the coveted Congressional Medal of Honor from the re-release of the expanded book, “Medal of Honor: Portraits of Valor Beyond the Call of Duty” by Peter Collier with photography by Nick Del Calzo (Artisan Books). First published on Veterans Day 2003, “Medal of Honor” now features 22 additional recipients and extra content, which profile the acts of selflessness, valor and undaunted courage that each of these soldiers found within themselves at the most extreme moment of crisis and peril. From The
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Report: Lifting gay ban won’t hurt military

A Defense Department study group has found that the United States could lift its ban on gays and lesbians serving openly in the military with little risk to current war efforts, The Washington Post reported Thursday. “More than 70 percent of respondents to a survey sent to active-duty and reserve troops over the summer said the effect of repealing the ‘don’t ask, don’t tell’ policy would be positive, mixed or nonexistent,” the Post said, citing two unnamed sources familiar with the document, due to be delivered to President Barack Obama on December 1. “The survey results led the report’s authors
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Leading Iraq War Critic Called Up For A Year Of Military Service In Iraq

One of the most outspoken critics of the war in Iraq is heading back there on military assignment, likely as part of the last arm of a U.S. mission he has vehemently opposed. Jon Soltz, the chairman and co-founder of VoteVets.org, a leading critic of the Iraq war, told the Huffington Post on Wednesday that he was taking a year of absence from the group to deploy to Iraq as part of Operation New Dawn. “This has always been a possibility,” he said. “I have always been a member of the army reserves, it is just not anything I talk
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Cenk Uygur: Cutting Social Security is the New TARP

Politicians who signed off on TARP lived to regret the day they did (especially Republican ones, just ask Bob Bennett and Mike Castle). Those votes will haunt the congressmen who supported the bailouts for years to come. That’s the same exact thing that’s going to happen to politicians who sell out the middle class by agreeing to cut Social Security. The chairmen of the Deficit-Reduction Commission just released a report that recommends that we cut benefits for current retirees by 3 to 6% and eventually raise the retirement age to 69. Why not make it 89 while you’re at it?
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Lorelei Kelly: Tea Party Defense Guidelines

Today is Veterans Day. Thank you veterans and everybody else who has sacrificed for the rest of us. Thanks to those in uniform AND to those in regular clothes. A rumble has broken out amongst DC defense wonks and it will be a defining fight for the Tea Party. The Libertarians and the fiscal realist Liberals are in one corner, most Democrats and all Republicans are in the other. Will these new Tea Party Members–at long last–force both parties in Congress to put defense spending on the budget cutting table? The Defense Department should be red meat for the Tea
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Charles Annenberg Weingarten: Fish Out of Water: Veterans Using Nature to Deal with the Pains of War

War generates many casualties. Some, such as death and destruction, are visible to the naked eye while others fester just below the surface, in the minds and hearts of those touched by it. And it’s the subtle pains of war that are often forgotten or overlooked by the masses yet, ironically, are felt deeply in so many small towns and family circles across America and the world. Think about this — a RAND study from 2008 estimates that the number of Iraq and Afghanistan war veterans who currently have post-traumatic stress disorder (300,000) or who have suffered some form of
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Aaron Sorkin: Bumper-Sticker Patriotism Is No Way to Honor Our Veterans

I was 18 when President Carter rattled America’s saber. The Soviets had just invaded Afghanistan, and Carter wanted to show the Russians that we weren’t kidding around so he re-instituted registration for the draft. (He didn’t re-institute the draft, just registration for the draft.) I’d just finished my freshman year at Syracuse University and had a summer job in Boston when my 18th birthday came up. My parents insisted that I register at a Boston post office, using my Scarsdale, New York, home address and my Syracuse, New York, dormitory phone number in the hopes that it would somehow slow
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White House Gives In On Bush Tax Cuts

WASHINGTON — President Barack Obama’s top adviser suggested to The Huffington Post late Wednesday that the administration is ready to accept an across-the-board, temporary continuation of steep Bush-era tax cuts, including those for the wealthiest taxpayers. That appears to be the only way, said David Axelrod, that middle-class taxpayers can keep their tax cuts, given the legislative and political realities facing Obama in the aftermath of last week’s electoral defeat. “We have to deal with the world as we find it,” Axelrod said during an unusually candid and reflective 90-minute interview in his office, steps away from the Oval Office.
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