Posts Tagged ‘ Unemployment ’

Obama’s Corporatist Christmas Surprise: Continues Tax Breaks 2 Years/Extended UI 13 More Months

Obama’s Corporatist Christmas Surprise: Continues Tax Breaks 2 Years/Extended UI 13 More Months

Car Czar Consulting says: Is everybody happy?! Per AP, “…President Barack Obama announced agreement with Republicans Monday night on a plan to extend expiring income tax cuts for all Americans, renew jobless benefits for the long-term unemployed and grant a one-year reduction in Social Security taxes…” Commentary from the blogosphere “…by compromisi­ng with crooks who got us into this mess, and now, after giving them what they wanted, the president and his corporatist “negotiato­rs” have deepened the recession, ballooned...

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Mortgage Servicer Meltdown Plagues Housing, Wall Street; Unemployment Unchanged

Mortgage Servicer Meltdown Plagues Housing, Wall Street; Unemployment Unchanged

Car Czar Consulting says: Per Marktwatch, 11/23/10, “… There are “widespread and inexcusable” breakdowns in controls at the nation’s top mortgage servicers, said Michael Barr, the Department of the Treasury’s assistant secretary for financial institutions, at a meeting of the Financial Stability Oversight Council. He said the fieldwork by 11 federal agencies reviewing top servicers’ foreclosures processes, mitigation efforts, putback risk, securitization trusts and disclosures will be completed at the end of the year, with an interim report due...

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As Millions Loose Unemployment Benefits, Indiana adds armed guards to unemployment officies

As Millions Loose Unemployment Benefits, Indiana adds armed guards to unemployment officies

Car Czar Consulting says: Indiana unemployment officers to have armed guards. October 27, 2010 FORT WAYNE, Ind. AP Armed security guards will be on hand at 36 unemployment offices around Indiana in what a state agency says is a step to improve safety and make branch security more consistent. No specific incidents prompted the action, Department of Workforce Development spokesman Marc Lotter told The Journal Gazette for a story Wednesday. Lotter said the agency is merely being cautious with...

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Obama’s Job Approval tanks on rampant unemployment and home foreclosures “gone wild”

Obama’s Job Approval tanks on rampant unemployment and home foreclosures “gone wild”

Car Czar Consulting says: President Obama’s Job Approval continues to tank. From RealClearPolitics.com: Polling Data Poll Date Sample Approve Disapprove Spread RCP Average 9/19 – 10/3 – 45.4 49.7 -4.3 Gallup 10/1 – 10/3 1547 A 46 48 -2 Rasmussen Reports 10/1 – 10/3 1500 LV 48 51 -3 Newsweek 9/29 – 9/30 1025 A 48 46 +2 FOX News 9/28 – 9/29 900 RV 42 49 -7 NBC News/Wall St. Jrnl 9/22 – 9/26 1000 A 46 49...

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Obama: $600MM in housing aid for states with high unemployment; Is the Recession over?

Obama: $600MM in housing aid for states with high unemployment; Is the Recession over?

Car Czar Consulting says: Who says the Recession is over?! See the foreclosure report video below and decide for yourself. Gov’t to give $600M in housing aid to 5 states; Treasury adding $600 million in housing aid for 5 states with high unemployment March 29, 2010, The Obama administration on Monday announced $600 million in financial support for five more states with high unemployment that have been slammed by the housing bust. Ohio got the largest share of funding,...

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