Monday, March 09, 2020

Biden And Black Voters

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Ibram X. Kendi is the director of the Antiracist Research and Policy Center at American University. About 5 weeks ago The Atlantic published a piece he wrote about what he fears a conservative Democrat winning the nomination. He refers to the conservative wing-- incorrectly as just as the corporate media wants him to-- as moderates. His analysis is so good, it's a shame he doesn't understand the importance of not ceding that word-- moderate-- to the right. Anyway, he points out that these conservative Democrats who think they own the Democratic Party "are calling for a rematch against Trump in the 2020 election, claiming they are the most electable. The thought is haunting me, like Trump’s hell. As much as moderate Democrats fear that nominating a progressive will ensure Trump’s reelection, I am haunted by the fear that nominating a moderate will ensure Trump’s reelection."
When moderate Democrats assure us that they would win back more white swing voters than progressive Democrats would, I am haunted by the thought that the evidence is hardly so reassuring. I see moderate candidates struggling with younger voters, who are more likely to favor progressive policies, and are more likely than older voters to stay home or vote third party if they don’t like the Democrat. The leaders of nine progressive organizations recently told The Atlantic that a Biden nomination “would trigger a huge deflation in enthusiasm, and a shrinking ... volunteer pool.”

...I don’t prefer the misleading term moderate (or progressive for that matter). Self-identified moderates, independents, and undecided voters are not necessarily centrists. But there are Democratic candidates claiming that they are best equipped to win these moderates, independents, Republicans, and undecided voters. There are candidates opposing Medicare for All, free public college, the Green New Deal, and a wealth tax. I will call these candidates moderates. And these are the Democrats I fear will lose to Trump.


I am not alone. Nearly one-third of Democratic-primary voters fear their party could lose the presidential election if their nominee is not progressive enough. A relatively equal number of Democratic-primary voters fear their party could lose if their nominee is not moderate enough. But it seems like moderate fears have received the most airing. Every time I looked up over the past year, I saw broadcasts of “stark” warnings like “The latest wave of far-left ideas ... could lead to electoral disaster in 2020.” I heard moderate candidates like Biden saying, “Show me the really left-left-left-left-wingers who beat a Republican.” After stepping off a summer debate stage, Senator Amy Klobuchar said on CNN, “People [who] are watching right now” are “moderate Republicans, and we need to win them to win the election.” In The Atlantic, Yascha Mounk urged Democrats to win back those Obama-to-Trump voters who “made a real difference” in the 2016 election.

Mounk is right. But maybe the candidate of change-- no matter his or her party-- is the most attractive to these all-important Obama-to-Trump voters, almost all of whom are white. It may have been their campaigns of change, when compared with Mitt Romney and Clinton, that caused Obama and Trump to attract the same white voters. Even their original campaign slogans fit together: Yes, we can make America great again.

After the 2016 election, a young white independent in Michigan said Obama was “really likable” and Trump earned her vote by being “a big poster child for change.” After Obama, Clinton lost ground among young and liberal working-class white voters, the two groups Democrats probably have the best chance of winning back from Trump-- and the two groups moderate Democrats struggle to attract.

In 2016, Trump managed to win 20 percent of liberal white working-class voters, and 38 percent of those who desired policies more liberal than Obama’s policies. How? Obama and Trump “had the same winning pitch to white working-class voters,” according to a New York Times analysis. Obama and Trump successfully cast Romney and Clinton as dismantlers of companies and outsourcers of jobs, and themselves as the defenders of the forgotten people. And, Trump added, they have been forgotten because they are white.

Working class (and non-working-class) white voters were more likely to switch from Obama to Trump if they embraced racist ideas. Maybe Obama’s more liberal economic and foreign-policy appeal-- when compared with Romney-- kept white racist ideas at bay in his 2012 voters. Maybe Trump inflamed their racist ideas in 2016, while being less conservative on economic and foreign-policy issues than past GOP nominees. Maybe a progressive candidate can better expose Trump’s conservatism and corruption on economic and foreign policy to winnable young and liberal white swing voters, which could break their racist allegiances to Trump, which perhaps explains why Senator Bernie Sanders currently leads Trump by the widest margin of all Democratic candidates. Maybe a pro-diversity, pro-corporate, and hawkish moderate Democrat will again alienate winnable white swing voters in 2020.

Maybe it is strategically unwise to build a presidential candidacy based on winning back a sizable number of white voters who supported Obama and flipped to Trump. Roughly seven in 10 Obama-to-Trump voters approve of Trump’s job performance, according to a recent Morning Consult poll of these voters in the swing states of Michigan, Pennsylvania, and Wisconsin. How can anyone who is serious about defeating Trump think Democrats should nominate a candidate on the theory that he can win back voters who Morning Consult says “resemble Republicans” and who overwhelmingly approve of Trump-- over a candidate who can win back voters who “resemble Democrats” and who overwhelmingly disapprove of Trump? Roughly seven in 10 other swing voters-- those who voted for Obama in 2012 and did not vote in 2016-- disapprove of Trump in Michigan, Pennsylvania, and Wisconsin. Morning Consult called them “low-hanging electoral fruit” in three states Clinton lost by less than 80,000 votes combined.

The low-hanging fruit is disproportionately composed of young voters, and especially young black voters. Democratic primary voters should value candidates’ performance with these other swing voters as much as they value their performance with white swing voters. Sanders and Senator Elizabeth Warren are running first and second among voters under 35, according to the latest national poll by Quinnipiac University. Among young black voters, Sanders is outpacing Biden by double digits. Only Warren and the businessman Andrew Yang register more than 1 percent support among this crucial group of swing voters. Black support-- young or old-- for Buttigieg and Klobuchar is nearly nonexistent-- as is their chance of defeating Trump without heavy black support.

Young black swing voters who are not supporting Biden are more likely to be progressive and less likely to identify as Democrats than their elders. They look at Biden’s record-- from pushing “tough on crime” and welfare-reform legislation to mistreating Anita Hill during the Clarence Thomas hearings to demeaning black parents-- and are repelled. Like Clinton’s super-predator video, I fear Biden’s record can push the other swing voters into not voting.


...Democrats should be more worried about a moderate nominee being out of touch with winnable voters. If the 2018 midterm elections are any indication, moderate Democrats may also be out of touch with winnable Obama-to-Trump swing voters, according to data from Sean McElwee and Brian F. Schaffner. Eighty-three percent of Obama-to-Trump swing voters who switched back to the Democratic Party in 2018 support Medicare for All, nearly mirroring the overwhelming support among other swing voters who voted Obama, didn’t vote in 2016, and then voted for Democrats in the 2018 midterms. These two groups also opposed Trump’s decision to withdraw from the Paris climate agreement, supported a $12 minimum wage, and backed a millionaire’s tax at similarly high rates. These two seemingly distinct groups of swing voters (one prototypically white, the other prototypically young and black) may be in line with each other on economic, foreign-policy, and climate issues-- and crucially, also may be most closely aligned with progressive candidates. This pumps the heart of electability-- any progressive nominee would have clear pathways to two of the most important groups of swing voters whom Democrats lost in 2016.





Yesterday, in Grand Rapids, Jesse Jackson endorsed Bernie. Jackson noted that Bernie and he see eye to eye on expanding Pell Grants, nominating African American women to the Supreme Court and to the Cabinet. "With the exception of Native Americans, African Americans are the people who are most behind socially and economically in the United States and our needs are not moderate. A people far behind cannot catch up choosing the most moderate path. The most progressive social and economic path gives us the best chance to catch up and Senator Bernie Sanders represents the most progressive path. That's why I choose to endorse him today."

Jacobin's Branko Marcetic sees things a lot like Kendi and Jackson do, pointing out that "Biden’s string of primary victories highlights a central paradox of his career: he has secured the loyalty of African American voters while working nonstop to let them down. Big PhRMA whore Jim Clyburn (D-SC) resuscitated Biden's dead-in-the-water campaign. Clyburn, a prototypical DC establishment shill, doesn't give a shit who Biden really is and how he's betrayed black voters in the past.
[S]urveying Biden’s record, one is left with a different impression: that Biden has, in fact, built a career on the back of steadfast African-American support while consistently betraying those same voters.

Elected as county councilman in 1970, Biden was known as an advocate for public housing, earning him racist abuse from bigoted locals in Delaware. Yet he quickly assured the press about his public housing stance: “I am not a Crusader Rabbit championing the rights of people.”

True to his word, when plans for a controversial moderate-income housing project came to the New Castle County Council in 1972-- one opposed by a crowd of hundreds who attended the meeting-- Biden voted with the rest of the council to table it indefinitely. More accurately, Biden disappeared after a recess, and the vote had to be delayed until he could be found and his vote put on the record. When the county’s housing authority later drew up plans to buy a complex to convert to “non-elderly” public housing, the agency’s outreach to discuss the plan with Biden fell on deaf ears; Biden was too busy campaigning for the Senate.

Upon entering the Senate, Biden went where one would expect a champion of civil rights to go: on the Senate Banking Committee, where he worked on bills to regulate predatory private debt collection and sat on its housing subcommittee.

But not for long. Explaining that “other issues are more important for Delaware-- the issues of crime and busing,” Biden departed Banking in 1977 for the Judiciary Committee. The decision paved the way for him to become the Senate’s leading liberal opponent of busing and architect of mass incarceration, each of his efforts calamitous to the cause of black equality.


The full significance of Biden’s anti-busing crusade has rarely been explored. Though his 1975 anti-busing amendment failed, by clearing the Senate, it was credited by the Congressional Quarterly as signaling the end of the upper chamber’s previous commitment to defending desegregation measures. Meanwhile, his lasting anti-busing achievement-- the 1977 Eagleton-Biden amendment, which barred the Department of Health, Education, and Welfare from using its funding for busing-- became the bane of existence for civil rights activists and school administrators around the country, whom it blocked from fully implementing desegregation plans. That it had no effect whatsoever on the court-ordered busing in Delaware, the ostensible reason for Biden’s sharp right turn on the issue, didn’t prevent him from being pleased with its impact. Biden was so against busing that, on a Judiciary Committee filled with former segregationists, he became the member who would vote against two historic black nominees to the Justice Department because of their stance on the matter.

Meanwhile, as Biden pushed the flurry of tough-on-crime legislation in the 1980s and 1990s that would prove so disastrous for communities of color, he was well aware of its dangers. He referred to the “political hysteria of the law and order campaigns” of the 1960s and later chided Reagan for his punitive approach: “It costs more money to keep a prisoner in jail than to send your son or daughter to Harvard or Yale,” he told a crowd. As early as 1972, as Biden demagogued on the dangers of crime and drugs for his Senate campaign; one expert whom Biden himself deemed “eminently qualified” to talk about crime trends had complained about politicians misleading the public on the issue; he assumed the expert wasn’t talking about him, Biden said.

The carceral avalanche that resulted was one half of a post–civil rights counterrevolution; the other took place in the courts. As a member and later chair of the Judiciary Committee, Biden let through several hard-right justices to the Supreme Court, Anthony Kennedy chief among them. Handpicked by Biden as a nominee acceptable to Democrats, he praised Kennedy throughout his confirmation hearing while feeding him softballs, hoping they could “all get out of here,” declining to investigate his anti-abortion views and earlier controversial rulings. Once on the court, Kennedy completed its right-wing takeover, working with his fellow conservatives to weaken civil rights protections. Biden’s failure was compounded four years later with the Clarence Thomas nomination, when, at Republicans’ behest, he did everything humanly possible to undermine Anita Hill’s testimony about the judge’s sexual harassment.

All the while, Biden lectured Democrats to forget the multiracial coalition that formed the bedrock of their party and move closer to the politics of the suburban South. “You have been where the Democratic Party was, and now the Democratic Party must be where you are,” he told Democrats in North Carolina as he toured with the centrist Democratic Leadership Council (DLC). At one stop in Alabama, he dropped from his stump speech references to police brutalization of civil rights protesters and his (nonexistent) civil rights activism.

Key to his argument was that Democrats had “lost the middle class” by becoming beholden to “special interests” and “interest groups,” who “had a stranglehold on us.” But Biden meant something very specific with these innocuous-sounding terms. Even earlier in his career, he had referred to “minorities and other vested interests” and blamed unchecked growth in federal spending on constituent interest groups who wouldn’t give up on programs they benefited from. As he told the NAACP Convention in 1986: “You can’t try to pit the Rainbow Coalition, blacks, Hispanics, poor whites, gays, against the middle class.” For good measure, he pointedly snubbed Jesse Jackson by publicly ruling him out as his running mate. Jackson hit back, griping about unnamed deficit-cutters “combing their hair to the left like Kennedy and moving their policies to the right like Reagan.”

“It’s about time politicians stop making pro-black speeches before pro-black groups and pro-labor speeches before the labor groups,” Biden once said. “People don’t want to hear what they think you think they want to hear.”

Yet throughout his career, Biden would routinely and cravenly change his talking points depending on whether he was speaking to a black audience. Upon receiving a 1978 endorsement from Howard Jarvis, the anti-tax businessman who had backed California’s Proposition 13, Biden’s office issued a statement that he was “delighted,” and that Jarvis had “recognized the fact that I have consistently voted for lower taxes and lower government spending.” Days later, talking to a mostly black audience, he warned them about the consequences of measures like Proposition 13, before saying he didn’t “have any feeling about [Jarvis’s] endorsement.” Twenty-four years later, after spending the whole of 2002 pushing for war with Iraq (a conflict hugely unpopular with black voters) and suggesting Saddam Hussein was connected to Al-Qaeda, he turned around a month after voting for the war to tell an audience of African-American columnists that it was “the dumbest thing in the world,” and that he didn’t “consider the war on Iraq the war on terror.”



Then there’s Biden’s infamous 2003 eulogy of segregationist and sexual predator Strom Thurmond, the man with whom Biden had worked to shift the US criminal code in a more punitive, unforgiving direction. Today, Biden’s South Carolina eulogy is viewed as an uncomfortable relic of a less enlightened era; in reality, it was unusual even then. Not only was Biden one of only two Democrats to show up to the funeral (the other, Fritz Hollings, had served with Thurmond for thirty-six years in the state), he was one of a mere seven of 225 living former and sitting senators to do so. Thurmond, who had famously filibustered the 1957 Civil Rights Act into oblivion, was a “brave man” whose “lasting impact” was a “gift to us all,” Biden told attendees.

That’s not to mention Biden’s long history of taking aim at entitlements like Social Security, a program of enormous importance to African Americans, and which large numbers of black Americans rely on to survive.

It’s one of those strange ironies of history that Biden, having spent a career betraying African Americans on key, consequential issues, now counts them as the main reason for his electoral viability; and that after insisting to Democrats that the party could only survive by prioritizing conservative white voters in the South over its multiracial base, he has been rescued from oblivion by mostly older black voters in the South. The fact that most of those in South Carolina backed him while telling pollsters that the US economic system needs a “complete overhaul” reveals this irony to be a tragedy.


Goal Thermometer
Let me leave you with a few words from Norman Solomon: "Let’s be blunt: As a supposed friend of American workers, Joe Biden is a phony. And now that he’s running for president, Biden’s huge task is to hide his phoniness... Biden has a media image that exudes down-to-earth caring and advocacy for regular folks. But his actual record is a very different story. During the 1970s, in his first Senate term, Biden spouted white backlash rhetoric, used tropes pandering to racism and teamed up with arch segregationists against measures like busing for school integration. He went on to be a fount of racially charged appeals and “predators on our streets” oratory on the Senate floor as he led the successful effort to pass the now-notorious 1994 crime bill... Meanwhile, for well over four decades-- while corporate media preened his image as 'Lunch Bucket Joe' fighting for the middle class-- Biden continued his assist for strengthening oligarchy as a powerful champion of legalizing corporate plunder on a mind-boggling scale. Now, Joe Biden has arrived as a presidential candidate to rescue the Democratic Party from Bernie Sanders... Biden exemplifies a disastrous approach of jettisoning progressive principles and failing to provide a progressive populist alternative to right-wing populism. That’s the history of 2016. It should not be repeated."





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Saturday, November 24, 2012

Jesse Jackson, Jr.-- Why The Case Of Selective Persecution?

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Several Republican congressmen are extremely concerned with House Armed Services Chairman Buck McKeon's immense and unreported gambling debts to Organized Crime figure-- and possible agent of at least one foreign power-- Sheldon Adelson. More than a few Democrats are concerned that their party caucus is about to elevate one of its most corrupt members, Joe Crowley (R-NY), to an important leadership position. Crowley, who was recently let off the hook for the House Ethics Committee-- along with Republican Tom Price in an apparent tit-for-tat deal-- after he was caught trading votes on the House Ways and Means Committee for K Street lobbyist cash. In the middle of the intense fight over the Wall Street reform bill, Crowley and Price left the House to attend a fundraiser thrown by Wall Street lobbyists and then, pockets bulging with checks, returned to vote against the amendments opposed by Big Business. One member of the committee told me that Crowley was the sleaziest Democrat on the committee and that he was consistently looking for ways to undermine the bill in ways that would please his Wall Street paymasters.

Generally speaking, when someone wants examples of the most egregiously corrupt Members of Congress, there are some outstanding examples. Staten Island Republican Michael Grimm is connected to a Mafia Crime Family. Miami Republican David Rivera, everyone's first bet for the next congressman to wind up on trial, has so many pending criminal investigations that no one is even paying any attention to the ethics investigations any longer. Darrell Issa (R-CA), Vern Buchanan (R-FL), Gregory Meeks (D-NY), Aaron Schock (R-IL), and Norm Dicks (D-WA), to name just a few ethics-free Members under scrutiny, have far more serious matters outstanding against them than Jesse Jackson, Jr. Yet on Wednesday, Jackson was forced into resigning his congressional seat and now faces a plea bargain that is rumored to include prison time.

What happened to someone who was looked at as a potential first African-American president at a time when people were just hearing the name Barack Obama for the first time and trying to figure out if he was a Barack from Israel or an O'Bama from Ireland? The first I ever realized Jackson, Jr. was a serious figure was just over a decade ago when a friend gave me a book he had written, A More Perfect Union-- Advancing New American Rights, which lays out, chapter by chapter, a vision of American governance advocating constitutional guarantees for quality health care, housing, education, a clean environment, fair taxes, full employment, equality for women and the right to vote.

Is there another shoe about to drop or was Jackson forced to end his political career because of financial improprieties involving campaign contributions that went into redecorating his house, improprieties that are common among congressmen and dwarfed by activities by serial offenders like almost every California Republican in Congress, particularly Buck McKeon, Ken Calvert and Jerry Lewis? We've got to get to the bottom of this.



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Monday, March 19, 2012

Badge Of Honor

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In 2005 I was trying to explain why I was drawn to the Cindy Sheehan protest outside of the Bush "ranch"/stage set in Crawford, Texas. I told the story of the first time I ever went to jail.

I remember in 1966 I heard about the first big draft board rally in NYC. I was living a couple hours away and I was really just a kid. But I somehow managed to get into New York and I somehow managed to get to the front of the rally which started out as a protest by 10 people and ended up with tens of thousands. An agreement was reached between the police and the organizers that the 10 leaders would get arrested as a symbolic gesture of nonviolent protest and everyone else would sing a few folk songs and go home peacefully. Well, no one consulted me. As the police ushered the 10 under the barricades I attached myself to Dr. Spock (not the Vulcan, the baby doctor) and claimed I was his aide and he might have a heart attack and die if I wasn't with him. The cop who challenged me-- he knew the difference between 10 and 11-- looked puzzled but Spock laughed and agreed and in I went-- to jail. It was my first time, though not my last. But the first was the best. It was a cell filled with the coolest people in NY: Allen Ginsburg, Tuli Kupferberg, Ed Saunders, Benjamin Spock... Eventually the rest of the crowd got pissed off and everyone wanted to be arrested so the police started arresting everyone until there was no more capacity. And then they let everyone go. It was all kind of good-natured.

I marked my territory. For other people at other times it was far less "kind of good-natured." Saturday night dozens of Occupy protesters were brutalized by the NYPD and many were arrested. I remember when I was interviewing a candidate for a Blue America endorsement once we were going through all his bona fides and his positions on our issues and I was still trying to get a bead on who he was. Then he revealed he had been an SEIU organizer when he was younger and had been arrested 5 times. Interview over; we endorsed him.

This week, in helping to explain to his supporters why he was backing Jesse Jackson, Jr. in a tough primary fight against a dull, conservative Democrat, Alan Grayson explained why some people, political leaders included, feel it's important to get arrested sometimes.
For most people, prison is punishment. For a few, it becomes a badge of honor.

One Member of Congress told me that every few years, he gets arrested. So that people can see whose side he's on.

Eugene Debs was sentenced to ten years in prison for protesting against United States involvement in World War I. Debs ran for President from prison, and he received almost a million votes (3.4% of the total).

And on March 11, 1986, on his 21st birthday, you would have found Jesse Jackson, Jr. in jail, for protesting at the South African Embassy in Washington, D.C., against apartheid in South Africa.

Both before and after that, if you wanted to find Jesse Jackson, Jr. at lunchtime on Thursdays, you wouldn't go looking for him in a diner or a fast-food joint. You'd find him at 444 N. Michigan Avenue, in Chicago, in front of the South African Consulate, protesting against apartheid. Week after week after week. The protests at the Consulate started in 1977, and they went on for more than a decade.

The protests ended only after Nelson Mandela was released from his 27 years of incarceration – another badge of honor. On the day of his release, Mandela made a speech that was broadcast around the world. Mandela called for peace and reconciliation. On the stage with Mandela that day was Jesse Jackson, Jr.

For the past quarter-century, in one way or another, Jesse Jackson, Jr. has devoted himself to the causes of justice, equality and peace. He is the kind of Democrat that Democrats always ask for: tough, fearless, compassionate and unstoppable.

He faces a serious challenge in his primary on Tuesday, from a former Democratic Member of Congress.

He needs our help. He deserves our help. Let's help him.

Remember, we don't just need more Democrats. We need more Democrats, and better ones. We can't let one who is this good slip away.

We've been writing a lot about the primary in Illinois tomorrow, mostly in terms of the progressive vs ConservaDem battles in IL-10 (Ilya Sheyman's race) and IL-13 (Dr. David Gill's race). But there are other important races around the state as well, and Jesse Jackson, Jr. should be able to crash Debbie Halvorson. Besides Grayson, Jackson has been endorsed by President Obama, Nancy Pelosi, Gov. Pat Quinn, Raul Grijalva, Aretha Franklin... and he's ahead in the polls. But the NY Times explained some of the problems-- even beyond the ethics investigation involving Blagojevich-- that Jackson faces.
Like Congressional districts across the country, Mr. Jackson’s territory morphed last year in a statewide remapping process and now includes parts of Ms. Halvorson’s previous district. The new boundaries may have created another vulnerability for Mr. Jackson, altering the racial makeup of his district enough-- from about 68 percent African-American to only 54 percent-- to raise questions about whether Ms. Halvorson has a chance to become the first white candidate to win the seat in three decades.

Ms. Halvorson, a former Illinois state legislator and one-term congresswoman who lost her seat in 2010, is also getting some unsolicited help from Campaign for Primary Accountability, an anti-incumbent “super PAC” that helped defeat Representative Jean Schmidt of Ohio, who was widely thought to have a safe seat, in a Republican Party primary this month.

The group says that it is aiming at both Republicans and Democrats in races where “there is high unfavorable ratings for the incumbent,” and that it plans to spend six figures against Mr. Jackson.

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Tuesday, June 02, 2009

Foreclosure Problem Is Getting Worse-- Thank The U.S. Senate, Owned And Operated By The Banksters

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I wake up every morning before sunrise. I have a routine and part of it is an early morning hike in the hills above my house. If you've read Eric Boehlert's new book, Bloggers On The Bus you've already experienced a beginners version of the hike and met a couple of my canine pals, Sergeant and Murphy (who I feed dried duck breast everyday). I've lived in this neighborhood ever since I moved to L.A. a couple decades ago. Madonna moved into the neighborhood at one point but her place wasn't near my route and I'm sure there were big walls around it anyway. I was more excited when one of the artists from my label who I actually worked with moved down the street. And his house got into Architectural Digest! And then, right next door to my house, a woman from the Ethiopian royal family moved in. (Once she asked if she could buy my house to use as a guest house.)

Anyway, Madonna moved away and the artist with the A.D. showplace and the Ethiopians have been foreclosed on. I've passed the architectural showplace every day for two years. It's awesome, but too... unique, for a market like this. It's been empty for all that time. Well, not exactly empty. It looks like some squatters have broken in the back door and moved in. I called the real estate agent listed on the sign in the front but he's too busy-- maybe with a second job?-- to pay any attention. I'm starting to worry about neighborhood blight.

Yesterday Jesse Jackson, in Lansing, called for a nationwide moratorium on foreclosures. It;'s certainly something Congress hsould have done in January.
“This whole crisis was triggered by the lending crisis. The stimulus was supposedly to stop the housing hemorrhaging. Somehow the stimulus shifted from housing to banks. But there are at least four gushers of blood: There’s jobs, there’s housing, health care and student loans. And right now there is no relationship between the stimulus coming in and the numbers going out. But stimulating banks and closing plants. those workers will then compound the housing crisis and the health crisis. They’ll be going from working to unemployment compensation.”

State Sen. Hansen Clarke, a Detroit Democrat, introduced legislation earlier this year which would create an optional two-year, judicially reviewed moratorium on foreclosures. And while some local politicians, including Lansing Mayor Virgil Bernero have called for the bill to be passed, such a legislative timeout on foreclosure is frozen in the Senate Banking Committee.

The Party of No, of course, opposes it and will block it from being considered in the state Senate.


This morning's NY Times published an editorial that points up how drastically the foreclosure problem is accelerating. Obama, under pressure from Republicans and conservative Democrats who are just as bad, hasn't gone nearly far enough to make much of a dent-- or even slow the process. His plan offers subsidies to banksters for offering mortgage modifications-- too little too late and, regarding the banksters, too short-sighted, greedy and disinterested in the preservation of neighborhoods (or society in general).
One of the biggest problems is that the plan focuses almost entirely on lowering monthly payments. But overly onerous payments are only part of the problem. For 15.4 million “underwater” borrowers-- those who owe more on their mortgages than their homes are worth-- a lack of home equity puts them at risk of default, even if their monthly payments have been reduced. They have no cushion to fall back on in the event of a setback, like job loss or illness.

When Congress tried addressing the problem in a serious fashion the banksters move dinto action and managed to kill the legislation on the chmber they own (the Senate). In early March the House passed The Helping Families Save Their Homes Act 234-191, only 7 Republicans joining all but 24 mostly conservative Democrats to get tough with the banks. And then the Senate watered it down into a nearly meaningless and useless piece of crap. It was sabotaged by a coalition of anti-family Republicans and the usual corrupt Democrats who vote with them. As the Times pointed out today, the problem isn't going away by itself or through pathetic half measures. It's getting worse.
With joblessness rising, lower monthly payments could quickly become unaffordable for many Americans. In a recent report, researchers at the Federal Reserve Bank of Boston argued that unemployment is driving foreclosures and to make a difference, anti-foreclosure policy should focus on helping unemployed homeowners. The report suggests a temporary program of loans or grants to help them pay their mortgages while they look for another job.

The government will also have to make far more aggressive efforts to create jobs. The federal stimulus plan will preserve and generate a few million jobs, but that will barely make a dent-- in the overall economic crisis or the foreclosure disaster. Since the recession began in December 2007, nearly six million jobs have been lost, and millions more are bound to go missing before this downturn is over.

President Obama needs to put more effort and political capital into promoting the middle-class agenda that he outlined during the campaign, including a push for new jobs in new industries, expanded union membership and a fairer distribution of profits among shareholders, executives and employees.

There will be no recovery until there is a halt in the relentless rise in foreclosures. Foreclosures threaten millions of families with financial ruin. By driving prices down, they sap the wealth of all homeowners. They exacerbate bank losses, putting pressure on the still fragile financial system. Lower monthly payments are a balm, but they are no substitute for home equity. And until more Americans can find a good job and a steady paycheck, the number of foreclosures will continue to rise.

This is the kind of thinking-- the 24/7 bullshit Fox spews out-- that will continue to sink America:

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