This WSJ article on deficiency lawsuits leaves me curiously unsympathetic.
I mean, the basic concept behind the practice is worrisome enough: banks foreclose on a property when it goes into default, discover that the foreclosure sale doesn’t recoup their losses, so they get a ‘deficiency judgment’ to try to get the rest from the original borrower. So far, such is life – but where it gets worrisome is where they resell the judgments to third | Read More »
A Primer for the 3Q Obama for America (OfA) numbers.
Well, the 3rd quarter is over, which means that the set of speculation over various and sundry people’s fundraising totals may now kick into high gear. Probably the most anticipated numbers will be coming from Obama for America (OfA), given their haul last time – and their brags this time. The Politico has started off with an eye-grabbing headline – “Obama 3Q haul: $55M or | Read More »
MO Secretary of State Robin Carnahan (D) cuts and runs.
It’s official: the last remaining ostensibly politically viable member of the once-powerful Carnahan dynasty has decided to not seek a third term. I say ‘ostensibly’ because it was actually unclear that Robin Carnahan was ever going to recover from her humiliating shellacking at the hands of Roy Blunt in last year’s MO-SEN race (13 points is pretty bad). And I say ‘last remaining’ because her | Read More »
Bank of America, CARD Act, Dodd-Frank, and soaking the poor.
Congratulations, Congressional Democrats: you’ve managed to soak the working poor again. Bank of America will start charging debit-card users $5 a month to pay for purchases. The move comes as the cards increasingly replace cash and as banks look for ways to offset the loss of revenue from a new rule that will limit how much they can collect from merchants. Via Instapundit. You see, | Read More »
Drug-related/vigilante/(both) violence escalates in Mexico.
Well, I suppose that this was inevitable. A self-styled drug-trafficking group calling itself the “Zeta Killers” claimed responsibility this week for the recent murders of at least 35 people believed to belong to the Zetas, Mexico’s most violent criminal organization. The claim by the “Mata Zetas” has stoked fears that Mexico, like Colombia a generation before, may be witnessing the rise of paramilitary drug gangs | Read More »
President Obama clueless about teachers’ tax rates.
FactCheck puts it very succinctly: President Obama’s claim that he pays a lower tax rate than a teacher making $50,000 a year isn’t true. A single taxpayer with $50,000 of income would have paid 11.9 percent in federal income taxes for 2010, while the Obamas paid more than twice that rate — 25.3 percent (and higher rates than that in 2009 and 2008). And if | Read More »
Ten Media Truths for Conservative/Republican Legislators.
This is the result of roughly ten years’ worth of looking on – sometimes horrified; sometimes amused; sometimes bewildered – at our current Media environment. Note that capital, by the way: I’m pretty much describing the Media as a singular and monolithic institution, mostly because on a practical level that’s pretty much how it acts towards conservatives/Republicans. Also, I’m really not interested if individual Media-units | Read More »
Fast & Furious update: BATFE *sold* modified AK-47s to Mexican narco-terrorists!
Fox News has the basic story, which goes as follows: an agent of the BATFE was ordered to go and buy six Draco semi-automatic pistols from gun shops. Those guns were then resold to “known illegal buyers:” i.e., people known to resell guns illegally. So far, this is not actually bad, because this would be how standard sting operations go… except that they didn’t arrest | Read More »
Why is Barack Obama’s re-election in 2012 only *now* in doubt?
I should note right from the start that I like Stu Rothenberg as a pundit and a political handicapper: he’s a pretty bright person and he has a lot of experience. But Rothenberg is also very much plugged into the professional political establishment… and sometimes, it shows. Case in point: Rothenberg’s otherwise spot-on analysis about the travails of Barack Obama these days has what I | Read More »
Jonathan Bryant calls George Rodriguez a Nazi.
Jonathan Bryant is a teacher for the San Antonio Edgewood Independent School District; George Rodriguez is the president of the San Antonio Tea Party. The video is below. http://www.youtube.com/watch?v=Y9qVmw6iknc More details here… which do not include Jonathan Bryant’s name, although they were happy to include George’s. The teacher, by the way, will not be be subject for discipline by his school district for calling Rodriguez | Read More »
Herman Cain wins Florida straw poll.
By a significant amount: [Herman] Cain, the former CEO of Godfather’s Pizza who charmed the three-day Republican conference’s delegates, took 37.1 percent of the vote, with Texas Gov. Rick Perry second with 15.4 percent. The rest of the results: Mitt Romney, 14 percent; Rick Santorum, 10. 9 percent; Ron Paul, 10.4 percent; Newt Gingrich, 8.4 percent; Jon Huntsman, 2.3 percent; and Michele Bachmann 1.5 percent. | Read More »
Liz Warren: pig-ignorant about her own salary?
You know, I’m starting to understand why Liz Warren has all these weird opinions on how value is actually created: she’s just a creature of her environment. This one is a little involved, so bear with me. Thursday, Politico put out a story on the sacrificial lamb candidate for MA-SEN’s upcoming Democratic primary that noted that Warren’s rhetoric about government transparency didn’t extend to her | Read More »
Darrell Issa calls for special prosecutor on Fast & Furious.
UPDATE: Carol Greenberg of Conservative Outlooks – who was on the original call – reported that Issa did not quite call for a special prosecutor. This may be a nuance issue on Issa’s part: I was not able to participate in this particular call myself, so I couldn’t say authoritatively. Yes, my brothers and sisters: it’s that magical time in an administration where the old | Read More »
Democracy Corps (D): Obama 41/55.
The Greenberg/Carville-sponsored poll certainly does have a good deal to say about the current state of House races, albeit from as positive-towards-the-Democrats position (Hotline called it ‘sugary spin’) as possible. For example, for all of the talk about how ‘cool’ the electorate was towards Republican incumbents the truth is that they’re averaging a 40/32 approval/disapproval rating, and that the generic Congressional vote went from 48/42 | Read More »
Elizabeth Warren will raise taxes on the poor.
To set the scene: below is an annotated excerpt from the ‘independent’ video that is currently causing shortness of breath (and soon probably lightness of wallet) among the contingent of the Online Left who really and truly believe that their professional politician class is avoiding full-throated, Huey Long-style, Left-populist rants for no good reason. Well, Elizabeth Warren, new-minted sacrificial lamb Democratic candidate for MA-SEN, is | Read More »