Politics

Underwater? Help Is On The Way! Mortgage Relief from Fed

Underwater? Help Is On The Way! Mortgage Relief from Fed

  Well, my fellow Politicos, it’s been a wild week – so much to talk about! So many things that I have included a couple of links at the bottom of the post for you because there won’t be time to discuss them together here this week. But the main thrust of my post this week is the issue that could affect your kitchen table politics the most.  Right now, 10.7 million homeowners in the U.S. are “underwater” in their loans, meaning that their homes are worth far less than when they purchased them. That’s one in every four families. The crisis is worst in Nevada, Arizona, Florida and here in California, where 30% of borrowers owe 50% or more of their home’s value. There are over a million California families who are upside-down, and ove a hundred thousand in New York alone. With such a large number of families in crisis, it puts any economic recovery at risk. What choices do families who are underwater in their home loans have? Very few. You can’t afford to sell it at a loss because you’d still be deeply in debt; You can walk away from the home, like 588,000 homeowners did last year, even though they could still afford to pay the mortgage – just stop paying and let the bank foreclose. Or, like 40% of folks,  you can stay and keep paying your mortgage, if you can still make the payments, and continue to hope against hope that someday housing prices will rise to at least the level they were when you bought the house – if you got in at the early end of the bubble, your chances are better that if you ought at the peak. That’s where we are now, hoping against hope that something’s gotta give, having been taught all our lives that you don’t walk away from your debt, you keep your commitments. It is simply the integrity of the middle class homeowner that keeps the housing market even afloat right now. So when The President came out in his State of The Union and said that he’d be uniting the State Attorneys General and the U.S. Attorney General to prosecute the responsible parties that caused this mess, prosecuting the banks that bundled our loans and used them as chips in their high-stakes game of Texas Hold-’em, I saw a glimmer of hope on the horizon. Then, within a matter of days, I heard that there was a $25 billion settlement with the banks – turns out it’s been six months in the making. Finally, someone addressing these abuses. And that’s what they are, abuses. But I also thought, “Hey, that was happening way too fast,”...

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Komen: Fighting for A Cure, or Pandering to The Right? Americans Stand for Planned Parenthood

Komen: Fighting for A Cure, or Pandering to The Right? Americans Stand for Planned Parenthood

The vast majority of women in this country have, in one way or another, donated to the Susan G. Komen Foundation, if not by sending them a check, then by buying pink-capped yogurt and mailing in the lids, or buying a pink T-shirt, or a pink bracelet,  or by walking in or sponsoring a friend in the famous “Race for The Cure.” If Komen was considered a brand name, it’d be right up there at the top of the most pro-women companies. Hey, they fight against breast cancer, right? And what woman’s life hasn’t been affected in one way or another by breast cancer? It touches all of us. And then last week came the news that Komen has decided to suspend their funding of Planned Parenthood, to the tune of $680,000, with the reason given that Planned Parenthood was under investigation by a House subcommittee that implied that Federal dollars were used to fund abortions. Komen’s new policy forbids those under investigation from receiving funds now or in the future. That $600,000 dollars goes toward breast cancer care, screenings and referrals, toward 170,000 breast exams and 6.400 mammogram referrals that under-served populations of women would have had to do without. A real blow to women’s health in America, especially those in areas where Planned Parenthood is one of the few, if not the only, place available for women’s reproductive health care. But within twenty-four hours, something truly amazing happened. If we didn’t already know where women’s loyalties lies, we do now. NYC’s Mayor Bloomberg donated $250,000 in matching funds, which was matched almost immediately. Women and the men who care about them, from all over the country, in this difficult economic time, sent hard-earned cash to Planned Parenthood. The twitterverse lit up like a Christmas tree with links at which to donate, strong statements of support. Friends called and sent texts to sisters, mothers, daughters and friends. Coworkers pooled their cash and made donations together. Within 48 hours, the impact of the Komen cut was completely wiped out – any losses had been made up completely by donors to Planned Partenthood.  Cecile Richards, President of Planned Parenthood stated in Friday: …During the last week, millions spontaneously joined a national conversation about lifesaving breast cancer prevention care and reinforced shared values about access to health care for all. This compassionate outcry in support of those most in need rose above political, ideological, and cultural divides, and will surely be recognized as one of our nation’s better moments during a contentious political time. Planned Parenthood thanks each and every person who has contributed to elevating the importance of breast cancer prevention for so many women in need… The miraculous thing...

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Welcome to Our New Home! Momma Politico Joins A World Of Progress

Hey, there, my fellow Politicos! I have exciting news! Momma Politico has a new home, as part of the A World of Progress family. Please change your reader or rss feed to our new address, http://mommapolitico.com so you won’t miss a single juicy political morsel! In addition to a bold new look, the facelift for the blog involves a slight shift. The longer I’ve been writing, the more I have become concerned with how the national news and actions of the political elite affect families like yours and mine, and my outlook has become more focused on putting the spotlight on how those issues affect all of us, particularly on my Kitchen Table Politics feature on AWOP Radio. The blog will have a new title, Kitchen Table Politics with Momma Politico, but it’s the same political commentary you’ve come to expect from your humble politico. I hope you’ll join me in the new leg of my online adventure! Thanks much to Kim G., great pal and publisher of A World of Progress and A World of Progress Radio. And my gratitude to Nunzia Rider, our amazing technical wizard, who designed the new page and archived everything, putting up with my non-techie questions along the way. She’s a terrific writer and Politico as well, so click the link and check out her political voice. And thanks, to you, my fellow Politicos, for sticking with me and supporting my efforts here and on the online radio machine. Your comments, support and enthusiasm have kept this Momma writing and tossing her political opinions into the world. My enduring gratitude to you. And as always, you can also find me in the twitterverse @mommapolitico, and Sundays at 3:30 Pacific/6:30 Eastern on A World of Progress Radio. Share...

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Chuck D: 25 Years Later, Still Fighting The Power

Chuck D: 25 Years Later, Still Fighting The Power

The opportunity came up out of the blue – The Hubby came home and the following conversation ensued: The Hubby: Guess who’s coming to the store to do a signing at the store? MP: (In my usual smart-ass style) Okay, I’ll bite. Who? The Hubby: Chuck D! MP: (Stunned) No! Get out! Really??? The Hubby: Yep. He’s playing at the Ventura Theatre and is coming by the store  before the show to do autographs. MP: THE Chuck D.? Public Enemy Chuck D? Unfiltered with Rachel Maddow and Lizz Winstead Chuck D? AirAmericaChuck D? The Hubby: Yes, one and the same! You should come by and do an interview. MP: I’m there! He didn’t have to tell me twice. And I know, you’re probably wondering, “Why on Earth would this middle-aged, white suburban mom care about Chuck D???” Perhaps a little background info is in order. See, when Public Enemy first hit the scene, I was working in record stores – that was my previous, pre-teaching/blog/radio life, and where I met my husband, 25 years ago. We were working for a chain called Licorice Pizza, run by a man named Jim Greenwood. Licorice Pizza had about 40 stores here in California, and were the coolest job in town. Licorice Pizza was a very employee-friendly company, and they had this benefit called the “borrow book,” everybody’s favorite perk. It was a binder, and as an employee, you could list in this book 10 pieces of product a week to check out – take ‘em home, listen to them…it was a brilliant way to get your employees to know the product, because you would take a chance on things that you might not normally listen to. That’s how I discovered all kinds of music: from big bands of the 40’s to the crooners of the 50’s and 60’s, girl groups, 12′ dance mixes, 45s, to the first CDs. From Public Enemy, to X and Dwight Yoakum, through my punk and country punk phases, to The Violent Femmes, Patsy Cline and REM, we got to hear it all. That was how I first heard Chuck D. When “Yo! Bum Rush The Show!” came out, it was earth-shattering, revolutionary. It was during the Reagan – Bush years, and there was little music out there that was really speaking truth to power like that. And being a politically-minded kid and a bit of a rebel at the time, Public Enemy’s willingness to shake up the status quo was awesome. Seeing an artist use his voice for social change was powerful…and totally rocked. Add that to the fact that rap was something we white suburban kids had never heard before, and we were blown away. So, when the...

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Welcome

I refuse to cave to a minivan. I am still a tomboy - comfortable in Levi's, my Yankees cap and Converse. And I always have a political opinion...hell, I always have an opinion, period. The hubby, my kids and my friends think I should run for office. Maybe one day. But for now, Momma Politico blogs. Peruse, enjoy, and know that our busy lives are as significant as those in The Washington Post. Cheers, Heidi Haines AKA Perry MacNeil Momma Politico

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