New York's Eric Schneiderman (left) is the only Attorney General who doesn’t like the foreclosure settlement agreed to by the major banks behind the mortgage-backed-securities (MBS) and foreclosure (robo-signing and faked-documents) frauds that helped bring on the economic crisis in 2008. And he is feeling the heat. In exchange for a small fine, the settlement agreement would end the years-long investigations by New York and other states into the frauds, and would prevent them or any of the investors hurt by the frauds from ever bringing additional charges in the future.
Wisconsin Governor Scott Walker's nationally known political victory over the powerful labor unions in his state has inspired yet another state to tackle its public-employee unions. Michigan, where organized labor is perhaps more entrenched than anywhere else, is on the verge of enacting a law that would require local governments to cap healthcare spending or lose state aid. The legislation would have the practical effect of requiring school system employees to pay more of their healthcare costs.
As the newest entrant into the GOP presidential race, Texas Governor Rick Perry is finding some tough sledding in the early going — from a group of Republicans in his own state. Dave Nalle (picture at left), secretary of the Republican Liberty Caucus (RLC) of Texas, wrote an article earlier this month on the RLC website, outlining the group’s warnings about the Lone Star State Governor, entitled “Meet the Real Rick Perry."
Minnesota Rep. Michele Bachmann, an Iowa native, won the Republicans' Ames, Iowa Straw Poll on August 13. That fact was reported by most of the national media. However, in an incredible display of conformity bias, virtually all of the major media blacked out the fact that Rep. Ron Paul of Texas came in a close second, in a virtual tie with Bachmann, with less than one percentage point difference between them. On many of the major media news shows and Sunday talk programs, the network "analysts" and guest "experts" mentioned every GOP presidential candidate (and some who are not candidates: Palin, Trump, Christie) — every candidate, that is, except Ron Paul, who had just accomplished a huge underdog victory.
While GOP presidential hopefuls surround President Obama in election polls, the Democratic Party is scrambling to revamp its fundraising efforts. Through July, the three national Republican party groups � the Republican National Committee (RNC), the National Republican Congressional Committee (NRCC), and the National Republican Senatorial Committee (NRSC) � have raised a combined $105 million this year, a whopping 19 percent less than the combined $129 million pocketed by the Democratic National Committee (DNC), the Democratic Congressional Campaign Committee (DCCC), and the Democratic Senatorial Campaign Committee (DSCC).
Those top Wall Street workers who supported President Obama in 2008 have now redirected their loyalty to GOP presidential contender Mitt Romney, according to a Fox News report. The reported shift in support from Wall Street workers may prove to be a nice financial boost for Romney’s campaign, and represents a significant divide between President Obama and businesses in America.
Percolating through the legislatures of many states are bills that would provide that a state's electoral votes would go to whichever presidential candidate receives a majority of the national popular vote, regardless of how well the candidate did in the particular state that passed the bill into law. Called the "Popular Vote Project," such a plan is in direct contravention of both the letter and the spirit of the Constitution.
The most recent Gallup poll of registered voters show President Obama very nearly tied with each of the top tier GOP presidential contenders. When put up against either Texas U.S. Representative Ron Paul, former Massachusetts Governor Mitt Romney, Texas Governor Rick Perry, or Minnesota U.S. Representative Michele Bachmann, Obama finds himself in what ABC News calls a “statistical dead heat.”
Many observers have long detected a fishy odor about the domestic terrorism plots the Federal Bureau of Investigation has busted, often to great fanfare, over the last decade. Frequently it appears that the government, through its informants, instigates the plots just so it can turn around and take credit for having stopped them in their tracks, thereby protecting Americans and, in the words of Glenn Greenwald, “proving both that domestic Terrorism from Muslims is a serious threat and the Government’s vast surveillance power — current and future new ones — are necessary.”