Extending unemployment compensation – is the Senate finally ready to do the right thing? As you probably remember, before the July 4 recess, the Senate repeatedly voted down an extension, which Paul Krugman explained as the action of “a coalition of the heartless, the clueless and the confused.” Now, with one more Democrat seated, the Senate may vote to extend unemployment compensation, which would at least help some of the five or six or seven people looking for every open job in the country. Continue reading
Tag Archives: Margaret Anderson Kelliher
UPDATE: Peter Erlinder granted unconditional bail in Rwanda – may be released as soon as tomorrow. Peter Erlinder was back in the hospital yesterday, with high blood pressure. His medical problems may be exacerbated by suspicion of food and medicine furnished by the Rwandan government, given past threats to his life from that government. MPR reports: Continue reading
“Roughly one in seven of the 52 million households with mortgages” is in trouble, reports the New York Times. That includes homeowners who have missed a payment, as well as those in foreclosure or awaiting eviction.
Mortgage delinquencies continue going up, 9.38 percent of all mortgages in the first quarter of 2010, compared to 8.22 percent in the same time last year. That puts the seasonally adjusted rate over 10 percent for the first time. Continue reading