Economy Generates 163,000 Jobs in July; Unemployment Edges Up to 8.3 Percent Dean Baker ...With construction getting stronger and retail sales likely improving in the fall, it is reasonable to expect job growth in the range of 160,000-180,000 over the rest of the year. This is better than the last few months, but it will take a decade at this pace to make up the jobs deficit...
California Passes Homeowners Bill of Rights Foreclosure Industry News ...I’m pleased to see the legislation including a provision that gives homeowners some traction to get an injunction to stop a sale; (2) borrowers may be entitled to recover attorneys fees; and 3) filing multiple unrecorded documents may subject the banks to $7,500.00 per loan. Filing statutory complaints against these entities is also allowed in addition to any legal action you might take...
Dem Lawmakers Want Answers About Romney’s Enormous IRA Talking Points Memo ...his tax-deferred individual retirement account holds upwards of $100 million — an amount that awkwardly showcases his enormous wealth but also raises legal and ethical questions...but there’s a legal limit — now $6,000 — on how much each IRA holder can contribute annually...
Pro-Romney independent group tied to billionaire Koch brothers readies $25M TV ad campaign Associated Press ...People familiar with the plans say Americans for Prosperity plans to spend about $25 million on the ads beginning next week and running into early September. The ads will run in Colorado, Florida, Nevada, New Mexico, North Carolina, Ohio, Pennsylvania, Virginia and Wisconsin. Americans for Prosperity was founded by David and Charles Koch...
Private Prisons Spend $45 Million On Lobbying, Rake In $5.1 Billion For Immigrant Detention Alone ThinkProgress ...Nearly half of all immigrants detained by federal officials are held in facilities run by private prison companies, at an average cost for each detained immigrant is $166 a night. That’s added up to massive profits for Corrections Corporation of America, The GEO Group and other private prison companies...
Washington regulator investigates Waste Management Associated Press ...The state Utilities and Transportation Commission sent a letter to Waste Management's Kirkland office Thursday seeking a detailed status report on each day of the strike...
