Monthly Archives: August 2009

Community, Economy

The Crisis for Main Street Deepens: U.S. commercial mortgage delinquencies jump 585%

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Dayton Business Journal – by Katherine Conrad

Delinquencies on commercial mortgage backed securities soared $10 billion in June, hitting a 12-month high of almost $29 billion, according to Realpoint Research.

California led the nation with the highest amount of delinquent loans, closely followed by Texas and Florida.

Late loans across the country are up an “astounding” 585 percent from a year ago when just $4 billion were delinquent, reported the Horsham, Pa.-based research firm. The low point for delinquency was March 2007 when $2 billion was delinquent.

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elections

‘Insecurity,’ not satisfaction, with heath care system?

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hcworrypoll

 

The point is often made that one of the trickiest elements of health care reform to navigate is that a majority of Americans routinely tell pollsters that they’re actually satisfied with their care, and don’t want it taken away in the name of helping the uninsured.

A new poll, though, pokes a hole claim, suggesting that beneath the surface of that satisfaction is deep insecurity about the existing system, and a fear that satisfactory health care won’t come through in a crisis.

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health care

Single Payer Summer: We Demand National Single-Payer Or At Least the Right for States to Do It

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by David Swanson

The U.S. House of Representatives has committed to bringing single-payer healthcare to a vote following summer recess. Stranger things have happened, greater obstacles have been overcome, than what would be involved in winning that vote, winning in the Senate, and compelling the president to sign the bill. We have a moral responsibility to put everything we have into trying; and even a near-victory will advance the cause.

But it is important to recognize exactly how that promise of a floor vote on single-payer came to be, what else is at stake, and what we are up against. Being properly informed, I think, will not diminish by one iota the ferocity of our campaign for justice, but it will alter our strategy by adding a secondary demand to it.  I think one can best campaign for justice if one knows exactly what one is up against but doesn’t give a damn how grim that picture appears.

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health care

House Committee Chairman Waxman Announces Agreement to Consideration of HR 676 by Full House

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