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Latest Barack Obama & Housing Crisis News

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  • Obama Deploys Financial Fraud Task Force 23 Nov 2009 12:54 GMT
    ... The Obama administration has launched the Financial Fraud Task ... to combat fraud in such areas as mortgage lending, stimulus spending and the government's bailout ... attorney general is the lead. Treasury and Housing and Urban Development and the Securities and Exchange ...

  • Obama returns focus to the Middle East 23 Nov 2009 10:30 GMT
    ... Obama returns focus to the Middle East By ... the Greater Middle East and the one crisis the administration would prioritize if it could ... last week of the construction of 900 housing units in the Palestinian neighborhood of Gilo ...

  • Obama wants $100M more to carry small-business programs 23 Nov 2009 12:16 GMT
    ... Obama wants $100M more to carry small-business programs The ... the program had crashed during the financial crisis last fall and winter. But the programs ... administration and a range of private economists credit the stimulus package with blunting the impact ...

  • We are faced with no good choices 23 Nov 2009 10:50 GMT
    ... over $1 trillion. But when the world credit crisis hit, the world wanted dollars. They ... the 1997 Asian financial crisis and U.S. mortgage meltdown." It is not just China. Brazil ... currency. It is Fed policy, or the Obama administration's willingness to run massive deficits, or the ...

  • Artificial Economy? Yes. Artificial Inflation? No 23 Nov 2009 13:34 GMT
    ... And now Our Lord and Savior Barack Obama is promising healthcare “reform.” Do you know ... of student assistance, healthcare, Social Security, and mortgage assistance. Oh, and Cash-for-clunkers. How could I ... to blame Wall Street for the recent housing bubble? Try again. Your government created it (along ...

  • Bankers wonder about Congress' regulation plans 23 Nov 2009 05:50 GMT
    ... The crisis in the mortgage industry has left Americans with a whole new vernacular: subprime, TARP, predatory lending and now, CFPA. The proposed Consumer Financial Protection Agency (CFPA) making ...

  • Shareholders Alone Can't Correct 'Too Big to Fail' 23 Nov 2009 15:44 GMT
    ... risky activity helped usher in the economic crisis. If you can book a huge short-term ... a huge short-term accounting profit by selling subprime loans, and your own paychecks are tied ... the giant banking conglomerates, Congress and the Obama team have made lots of noise about putting ...

  • Go Ahead and Yell. He's Everyone's Punching Bag. 23 Nov 2009 04:31 GMT
    ... one of his catchphrases. Given the tattered housing market, it may take years for him to ... more surreal. It’s no coincidence that President Obama chose Fort Myers, north of Estero, to ... project after the developer defaulted on the mortgage and Lehman accused her in court records ...

  • Morning Money: Geithner 23 Nov 2009 11:31 GMT
    ... is a complete lie to say the Obama administration has been disengaged.... We certainly wish ... -- From BreakingViews: "One factor in the credit debacle was the 'race to the bottom' ... consumers, whose personal wealth sank along with housing and stock prices; and as taxpayers, whose government ...

  • US unveils more aid for homeowners as price collapse eases 23 Nov 2009 14:51 GMT
    ... a private group reported that a record housing price collapse in the country may finally be ... to refinance into government-backed mortgages. President Barack Obama has said he will spend as much ... crisis, costing banks 1 trillion dollars in mortgage- related assets and helping lead the world ...

  • Three ways to tell when gold's bull market is over 23 Nov 2009 11:35 GMT
    ... do not see any sign of Barrack Obama, Gordon Brown, his heir apparent, or any ... periods of growth or of economic and credit expansion. In fact it is about the ... following chart, showing the ratio between UK housing and gold ( Gold currently costs about £690 ...

  • Unemployment rises in 29 US states 23 Nov 2009 12:53 GMT
    ... human dimensions of the economic and social crisis in the United States. The Mortgage Bankers Association reported that 14 percent of ... end of his east Asian trip, President Obama rejected any special job-creation measures. Claiming that the ...

  • Show me the money 23 Nov 2009 05:55 GMT
    ... in February just weeks after President Barack Obama was sworn into office and was billed ... Park and Ride, sidewalks in the Newburyport Housing Authority and an infusion of money for ... 0 jobs reported $500,000 — Jeanne Geiger Crisis Center, 1.30 jobs reported $3,587,089 — Park ...

  • Cloward-Piven Government 23 Nov 2009 06:34 GMT
    ... strategy of forcing political change through orchestrated crisis The "Cloward-Piven Strategy" seeks to hasten the ... one of the chief drivers of high-risk mortgage lending that eventually led to the financial ... overwhelming the government with demands for services, Obama and the Democrats are overwhelming political opposition to ...

  • Health reform's feint costs 23 Nov 2009 05:16 GMT
    ... forth is equivalent to talking about a mortgage as if you paid for the first ... how we got in this national debt crisis in the first place … We created ... lead to the re-election of President Barack Obama. If the true costs of this historic health ...


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