politics

COMMENT ON: Obama Debt Commission: Erskine Bowles, Alan Simpson To Chair Panel, Says Obama Official


By calling this COMMISSION IMPOSSIBLE on your home page and showing an ultra-morose picture of the President, you are framing this as the story of an Obama failure. What we are witnessing is the transmutation of racism into party obduracy beyond anything since the time of the Civil War. Protest as Republicans may, there is no other explanation for the behavior of the Party of No when one factors in the instances of outright hypocrisy on the stimulus and the cowardly actions of those who originally sponsored the commission bill and then got cold feet.

The outcome of this will be slowly revealed. It will not be good news for the Republicans or for the media who frame the story as an Obama defeat. It will be good news for those who see through the bias and comprehend the fact that reason has no color and that it prevails — at great and often tragic cost. I hope HP is enjoying its freedom to join in the nasty game that is underway.

Read the Article at HuffingtonPost

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One thought on “COMMENT ON: Obama Debt Commission: Erskine Bowles, Alan Simpson To Chair Panel, Says Obama Official

  1. jmb27 says:

    Predatory Lending is a major contributor to the economic turmoil we are currently experiencing.

    Here is an example of what I am talking about:
    Scott Veerkamp / Predatory Lending (Franklin Township School Board Member.)

    Please review this information from U.S. Senator Jeff Merkley regarding deceptive lending practices:
    “Steering payments were made to brokers who enticed unsuspecting homeowners into deceptive and expensive mortgages. These secret bonus payments, often called Yield Spread Premiums, turned home mortgages into a SCAM.”

    The Center for Responsible Lending says YSP “steals equity from struggling families.”
    1. Scott collected nearly $10,000 on two separate mortgages using YSP and junk fees. 2. This is an average of $5,000 per loan. 3. The median value of the properties was $135,000. 4. Clearly, this type of lending represents a major ripoff for consumers.

    http://merkley.senate.gov/newsroom/press/release/?id=A09C6A80-537A-4EB1-83C5-31925F046B6F

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