by Dave Johnson | Apr 20, 2012 | Blog
Are we "going the way of Greece?" Should we cut spending to head off a "debt crisis" here? Conservatives in Europe and America say cutting back on what democracies do for their citizens is the solution to our economic troubles because it will bring economic growth...
by Robert Borosage | Apr 20, 2012 | Blog
The Washington Post's Ezra Klein takes issue with my argument -- detailed in The Zombie Rises: The Return of Simpson Bowles -- that the American elite consensus on austerity will take us down the same path that Europe is heading towards recession. But he misses the...
by Isaiah J. Poole | Apr 20, 2012 | Blog
If enough of us demand it, we can get the White House to answer a simple question: Will you or will you not stand with underwater homeowners and push for principal reductions—even if it means pushing aside the agency chief who is opposing that remedy? We're asking our...
by Robert Borosage | Apr 20, 2012 | Blog
Two weeks ago we called on top housing finance regulator and Bush administration holdover Edward DeMarco to reduce mortgage principal for struggling homeowners. “Move or be removed,” we said. Thousands of you responded. But it’s not just us. The head of the Mortgage...
by Isaiah J. Poole | Apr 20, 2012 | Blog
Key voices on Capitol Hill today echoed the message that underwater homeowners need the principal on their mortgages reduced, and that the government official responsible for keeping that from happening should either change his position or step down from his post....
