It's time for President Obama to fight, or at least speak up, to show that the progressive ideology of his 2008 campaign wasn't just a bunch of empty rhetoric.
by Candi Sparks The chief architect of Obama’s federal stimulus plan is leaving the white House before the end of this year for a teaching position at Harvard University . Laurence H. Summers, Director of the White House National Economic Council lead the nation’s efforts to prevent a depression and lead the way to economic […]
(News One) — The Obama administration is providing $3 billion to unemployed homeowners facing foreclosure in the nation’s toughest job markets. The Treasury Department said Wednesday it will send $2 billion to 17 states that have unemployment rates higher than the national average for a year. They will use the money for programs to aid unemployed homeowners. […]
(New York Times) — The Obama administration is devoting $150 million in stimulus money for programs that help homeowners install solar panels and other energy improvements, which they pay for over time on their property tax bills. At the same time, the two government-chartered agencies that buy and resell most home mortgages are threatening to […]
(WSJ.com) — Much has been said about the Obama administration pushing through new regulations on everything from health-care companies to banks — not to mention the impact these changes will have on the overall economy. But less attention has been paid to the way the new regulations will play out for entrepreneurs: Will stepped-up regulation […]
(Yahoo/AP) — A watchdog panel overseeing the financial bailouts says the Obama administration’s flagship mortgage aid program lags well behind the foreclosure crisis and leaves too many families out. Play VideoABC News – Mortgage Free in 5-7 Years? The Congressional Oversight Panel says in a report released Wednesday that the administration projects only one million families will end up […]