The Housing & Economic Recovery Act of 2008 was passed last August. It created the HOPE for Homeowners Program, which the Congressional Budget Office estimated would help 400,000 homeowners to refinance their loans and stay in their homes. Here's a stunning revelation: According to the Federal Housing Authority (FHA), in the first six months since the law was passed, exactly one (1) homeowner refinanced under the program! read more »
Is this a story from the Onion? No. Too Implausible. The Chicago Tribune reports:
Coming from as far away as Azerbaijan, dozens of corporate executives and government bureaucrats gathered at a downtown hotel Wednesday to hear Mayor Richard Daley share his tips for preventing corruption. read more »
I made this slideshow with some of my favorite maps from the 2008 election cycle, and I think it tells the story of the campaign pretty well. Hope you enjoy, whether you’re happy with the outcome or not. read more »
The next official Census isn’t till 2010, but Election Data Services is already predicting considerable impacts on Congressional representation.
Things will be getting bigger in Texas, with four added seats, as well as Arizona, with two. Six states—Florida, Georgia, Nevada, Oregon, South Carolina, and Utah—will increase their federal delegations by one district each. read more »
In about a year, the next U.S. Census will be upon us. However, one group participating in the survey is already driving some lawmakers nuts.
In February, The Association of Community Organizations for Reform Now (ACORN) signed a partnership with the Census Bureau to “assist with the recruitment of the 1.4 million temporary workers needed to go door-to-door to count every person in the United States.” read more »
The House of Representatives is debating a 90 percent tax on executive bonus payments made to companies receiving bailout funds. Anything they pass will still have to get through the Senate and past the President’s desk. They are “upset about something they already did,” according to Dan Lungren (R-CA). read more »
Former Illinois Governor Rod Blagojevich's arrest, impeachment and removal from office assured his place as another famous name in our state’s corruption hall of disrepute. But it turns out the selling of President Obama’s Senate Seat was only a minor part of Blagojevich’s misdoings – and some of this could have greater national political fall-out than is commonly imagined. read more »
Democratic lawmakers from California recently took a break in the midst of “intense state budget negotiations” to travel up to a wine-country lodge complete with gourmet food, rooms, and cocktails with a trio of interests footing the $14,000 bill. read more »
The days of the nu-cu-ler presidency may be over, but nuclear energy continues to be a hot-button issue, even if pronunciation isn’t the problem.
As it stands, President Obama plans to “slash the budgets of the U.S. Nuclear Regulatory Commission and the national nuclear waste facility at Yucca Mountain, Nevada,” reports eco-watcher Paul Taylor. read more »
From late-night refrigerator raids to splurging on a new wardrobe, everyone is prone to the occasional overindulgence. For San Francisco Mayor, Gavin Newsom, that overindulgence meant nothing more than a plastic water bottle.
In June 2007, the mayor “issued an executive order directing city government to no longer purchase bottled water,” to cut down on waste in the city landfill and to utilize the pristine Sierra Nevada reservoir’s resources. read more »