Michelle Meyer: Home Prices Will Continue to Plunge, and 2013 Will be the Worst Year for Foreclosures in History

Joe Weisenthal Business Insider 12/3/2011

Michelle Meyer, the well-known housing analyst for BofA/ML, has some bad news: The housing crisis isn’t over.

In fact, in her 2012 outlook piece, she says it’s “far from over” and that prices still have another 7% to decline nationally.

The basic problem: There are still tons more foreclosures or […]

Raising a New Generation of Anti-Americans

Discover the Networks via NewsRealBlog 12/2/2011

Teaching for Change (TFC) Seeks to to transform America into a more “equitable, multicultural society” by implementing “social justice” education in K-12 schools

Founded in 1990, Teaching for Change (TFC) is an organization that seeks to turn K-12 schools into “centers of justice where students learn to read, write, […]

Reid on Fannie and Freddie bonuses: ‘A gag reflex’ before the press ‘would be improper’

Nicholas Ballasy The Daily Caller 11/1/2011

When asked for his response to ten executives at Fannie Mae and Freddie Mac receiving $12.79 million in bonuses, Senate Majority Leader Harry Reid said a “gag reflex in front of all you would be improper, that’s how I feel about it.”

Reid’s comments were made on Tuesday at […]

Jay Leno explains Obama mortgage-relief program

Ed Morrissey HotAir.com 10/28/2011

Most of us will consider this a palate-cleanser for a Friday afternoon, although the White House might consider it a reason to stick with David Letterman in the future. Our Townhall colleague, Greg Hengler, clips this video-metaphor explanation of Barack Obama’s mortgage relief plan that’s simply brilliant. The best (and most […]

Rangel: ‘Gridlock’ necessitates that Obama use executive powers

Nicholas Ballasy The Daily Caller 10/27/2011

New York Democratic Rep. Charlie Rangel told The Daily Caller that “gridlock” in Congress has made it “necessary” for President Barack Obama to unilaterally implement mortgage refinancing and student loan programs without congressional authorization.

TheDC asked Rangel if he thinks there are other areas where Obama should bypass Congress.

[…]

Obama defies base, hires Wall Street lobbyist for re-election campaign

Matthew Boyle The Daily Caller 10/25/2011

President Barack Obama’s new senior campaign adviser is a longtime Wall Street lobbyist, and has the potential to damage the president’s aspirations to appeal to the protesters currently “occupying” New York City’s Zuccotti Park.

Obama’s new adviser, Broderick Johnson, has an extensive history of lobbying for big banks and […]

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