Posts Tagged ‘consumer

17
Jul
13

News Of The Day

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@VP: PHOTO:VP swears in Richard Cordray as the Director of the @CFPB this morning in his WW office w/ @Sebelius (WH Photo)

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Haha…Losers McLoserville are coming together to get egg on their faces again. 2012 redux!

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Here comes the GOP with some batcrap crazy immigration reform “compromise” and I use the term loosely. These people are horrible.

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Continue reading ‘News Of The Day’

17
Jul
13

Heads Up: President’s statement on Richard Cordray

10:50 AM EDT: President Obama Makes a Statement on the Confirmation of Richard Cordray as the Director of the Consumer Financial Protection Bureau

White House live * CBS * C-Span

17
Jul
13

Rise and Shine

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Today (all times Eastern)

10:50: The President delivers a statement on the confirmation of Richard Cordray as the Director of the Consumer Financial Protection Bureau

12:45: Press Briefing by Jay Carney

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NYT: Individuals buying health insurance on their own will see their premiums tumble next year in New York State as changes under the federal health care law take effect, state officials are to announce on Wednesday.

State insurance regulators say they have approved rates for 2014 that are at least 50 percent lower on average than those currently available in New York. Beginning in October, individuals in New York City who now pay $1,000 a month or more for coverage will be able to shop for health insurance for as little as $308 monthly. With federal subsidies, the cost will be even lower.

Supporters of the new health care law, the Affordable Care Act, credited the drop in rates to the online purchasing exchanges the law created, which they say are spurring competition among insurers that are anticipating an influx of new customers. The law requires that an exchange be started in every state.

“Health insurance has suddenly become affordable in New York,” said Elisabeth Benjamin, vice president for health initiatives with the Community Service Society of New York. “It’s not bargain-basement prices, but we’re going from Bergdorf’s to Filene’s here.”

“The extraordinary decline in New York’s insurance rates for individual consumers demonstrates the profound promise of the Affordable Care Act,” she added.

More here

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AG Eric Holder: “So Trayvon’s death last spring caused me to sit down to have a conversation with my own 15-year-old son, like my dad did with me. This was a father-son tradition I hoped would not need to be handed down. But as a father who loves his son and who is more knowing in the ways of the world, I had to do this to protect my boy. I am his father, and it is my responsibility, not to burden him with the baggage of eras long gone, but to make him aware of the world that he must still confront. This is a sad reality in a nation that is changing for the better in so many ways.”

Full NAACP speech from yesterday (transcript here):

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Michael Tomasky: Reid Crushes McConnell

…. Harry Reid and Mitch McConnell struck a deal, abetted apparently by John McCain, that averted the invocation of the nuclear option by Reid and the Democrats. Reid got just about everything he wanted. The Senate is going to pass through all seven nominees that Reid brought up in this skirmish….

…. About as clear a win for one party over another as we’ve seen in a long time. Why did it happen? Because everyone in the room knew that the Democrats had the 51 votes to change the rules. Stand together or fall apart, as the old cliche goes. It’s true. It’s still pathetic that it had to come to this for the president to fill his cabinet (and sub-cabinet), but it goes to show that holding the line as a group works.

Full post here

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Steve Benen: …. Will what transpired in the Senate yesterday actually, you know, matter? …. The cautious answer is that it’s evidence of incremental progress, the results of which will have a real-world impact on the lives of real people.

The Consumer Financial Protection Bureau, for example, looks out for consumers against predatory excesses from the financial industry. As Sen. Elizabeth Warren told Chris Hayes last night, in light of yesterday’s deal and Richard Cordray’s confirmation, “We know this agency is here to stay. No more clouds over what it legally is entitled to do. No more attacks that say maybe we’re going to be able to undercut it in this way or weaken it in that way. We’ve got a full-fledged watchdog. The one we fought for, and [Cordray] is going to be there to fight for us.”

…. I’ve heard plenty of criticisms of yesterday’s agreement, and detractors have raised fair concerns … But in today’s environment, incremental progress is still progress, and there’s ample reason to believe yesterday’s deal moves the ball forward.

Full post here

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McClatchy: Congress revisits Voting Rights Act

Congress is taking the first steps toward bringing back pre-clearance of voting laws under the Voting Rights Act this week, as activists express tempered optimism in lawmakers’ willingness and ability to act.

The U.S. Supreme Court last month tossed out the Voting Rights Act’s formula that determined which jurisdictions must submit their voting law changes to the federal government before enacting them. The 5-4 ruling did not get rid of pre-clearance altogether but said Congress must come up with an updated standard to enforce it rather than the 1965 version that covered Georgia and other Deep South states with a history of overt discrimination.

The Senate Judiciary Committee will kick off the congressional response with a hearing Wednesday featuring Congress’ civil rights conscience: Atlanta Democratic U.S. Rep. John Lewis.

More here

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Michael Tomasky: …. the narrative about the IRS targeting Obama’s enemies has been thoroughly debunked….

The IRS “scandal,” lately dormant, is returning soon to cable-news channel near you: Tomorrow, Russell George, the Treasury Department inspector general who produced the original report at Darrell Issa’s request, is going back before Issa’s committee, and this time he’s in for some pretty serious grilling from Democrats. The evidence is now even more preponderant than it already was that there was absolutely no political agenda in the IRS’s review of 501(c)(4) applications. In fact, evidence is mounting that if anyone was behaving politically here, it was George — and, of course, Issa and the other Republicans who launched into their baseless tirades about “enemies lists” and other such nonsense.

…. what about the mainstream media that swallowed whole from the Republican-conservative spoon, running huge headlines and ominous editorials, all those breathy stories that got nearly half the American public believing, on the basis of zero hard evidence, that the White House was involved here? It’s not in the nature of the beast to run huge headlines saying “No Scandal Here.” But it should be in the beast’s nature to take a much harder look at Issa, George, and the other perpetuators of this non-story. And it should start tomorrow, when George testifies.

Full post here

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Reuters: President Barack Obama on Tuesday for the first time admitted that it was unlikely that the Republican-led House of Representatives would pass sweeping immigration reforms before lawmakers left Washington for a month-long break in August.

In television interviews taped with four Spanish-language newscasts, Obama said he thinks many Republicans need more time to grapple with concerns about border security and the changing demographics of America.

…. Obama has insisted that reforms must include the path to citizenship for undocumented immigrants. “It does not make sense to me, if we’re going to make this once-in-a-generation effort to finally fix the system, to leave the status of 11 million people or so unresolved,” he told Telemundo’s Denver affiliate.

Many House Republicans oppose that measure, calling it “amnesty” for people who have broken existing immigration laws. But Obama said ignoring the problem would resign undocumented immigrants to “a lower status.” “I think that’s not who we are as Americans,” he said.

More here

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Wendy Davis and San Antonio mayor Julián Castro (left) and his twin brother, Congressman Joaquín Castro, in Austin on July 7, 2013

Texas Monthly: The Life and Death (and Life?) of the Party

Democrats once ruled Texas. Then came five decades of steady decline. Can Wendy Davis, the Castro brothers, and Team Obama’s vaunted field operation return their party to power? And if they can’t, can anyone?

“Somebody has to step up,” Wendy Davis observed one evening in late May over drinks at the bar of the Four Seasons Hotel in Austin. “As long as the Democrats continue to buy into the same bullshit that some of the Republicans are saying — ‘Oh no, it’s Texas, it’s hopeless’ — and continue to act like it won’t happen for six, eight, twelve, sixteen years from now, that perpetuates the problem.”

“So are you going to run for statewide office?” I asked.

Her green eyes sparkled. “One day, someday,” she said coyly.

One day, someday, about a month later, on the morning of June 25, the petite fifty-year-old Democratic state senator from Fort Worth fixed herself a single boiled egg for breakfast. It would be her only meal of the day. She slipped on a pair of pink tennis shoes, headed over to the Capitol, and stepped up……

More here

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President Obama hosted members of the Delta Sigma Theta sorority at the White House on Tuesday as the group gather in Washington for their annual convention. The Oval Office meeting marked the 100th anniversary of the African-American sorority and the 51st anniversary of its convention. Obama met with members including the sorority’s president, Cynthia Butler-McIntyre.

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@petesouza: Pres Obama with make-a-wish visitor Suhail Zaveri, 14, and his family in the Oval Office

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CBS: Cuban and U.S. officials will hold the first migration talks between the two nations since 2011 in Washington on Wednesday. Analysts believe both countries have a strong interest in getting them off the ground again.

…. The Bush Administration broke off these twice-yearly talks, along with taking other measures such as severely restricting the rights of Cuban Americans to travel back to the island – limiting them to only one visit every three years.

President Obama reestablished the rights of Cuban Americans to visit their homeland as much as they want and resumed the talks, only to break them off over the detention and jailing of U.S. contractor Alan Gross, which the State Department has repeatedly said remains a major obstacle to any improvement in relations between the two neighboring countries.

More here

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Morning!

11
Feb
13

Rise and Shine

A year ago: A child reaches out to First Lady Michelle Obama prior to a Faith and Community Groups Leading the Way event at Northland, A Church Distributed, in Longwood, Fla., Feb. 11, 2012 (Photo by Chuck Kennedy)

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Today:

12:30: VP Biden holds a roundtable discussion on gun safety with law enforcement officials in Philadelphia

1:45: President Obama will present Clint Romesha with the Medal of Honor at a White House ceremony

2:0: Senate lawmakers will debate and vote on re-authorizing the Violence Against Women Act

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On Thursday at 4:30 ET: “Fireside Hangout” with President Obama

See more here

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23 years ago today, Nelson Mandela was released from prison having been locked up for 27 years by a racist state

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NYT: President Obama will use his State of the Union speech to reinvigorate one of his signature national security objectives – drastically reducing nuclear arsenals around the world – after securing agreement in recent months with the United States military that the American nuclear force can be cut in size by roughly a third.

…… White House officials are looking at a cut that would take the arsenal of deployed weapons to just above 1,000. Currently there are about 1,700, and the new strategic arms reduction treaty with Russia that passed the Senate at the end of 2009 calls for a limit of roughly 1,550 by 2018.

But Mr. Obama, according to an official who was involved in the deliberations, “believes that we can make pretty radical reductions – and save a lot of money – without compromising American security in the second term. And the Joint Chiefs have signed off on that concept.”

More here

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Washington Post: President Obama is considering a series of new executive actions aimed at working around a recalcitrant Congress, including policies that could allow struggling homeowners to refinance their mortgages, provide new protections for gays and lesbians, make buildings more energy-efficient and toughen regulations for coal-fired power plants, according to people outside the White House involved in discussions on the issues.

More here

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TPM: The Senate is poised to pass the Violence Against Women Act reauthorization early this week, with a final vote expected Monday afternoon or Tuesday.

…. Despite the unusually large Senate consensus, there has been no perceptible movement among House Republican leaders since they passed a scaled-back version of VAWA on a party-line vote last year, rejecting the Senate legislation.

In an exchange on the floor Wednesday, House Minority Whip Steny Hoyer (D-MD) needled Majority Leader Eric Cantor (R-VA) on VAWA….. Cantor responded that it’s a “priority” for Republicans to “move and act on this bill”….

…. By the end of the week, House Republican leaders had no progress to speak of. “Silence,” said a senior House Democratic aide.

More here

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NYT Editorial: If you’d like to know why Republicans are trying to shut down the Consumer Financial Protection Bureau, take a look at three things the agency has already accomplished in its first 18 months:

* It called a halt to predatory practices by mortgage lenders, ensuring that borrowers are not saddled with loans they can’t afford and preventing brokers from earning higher commissions for higher interest rates.

* It won an $85 million settlement from American Express, which it accused of deceptive and discriminatory marketing and billing practices.

* It opened an investigation into questionable marketing practices by banks and credit card companies on college campuses, which often take place after undisclosed financial arrangements are made with universities….

More here

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Paul Krugman: Last week Eric Cantor, the House majority leader, gave what his office told us would be a major policy speech. And we should be grateful for the heads-up about the speech’s majorness. Otherwise, a read of the speech might have suggested that he was offering nothing more than a meager, warmed-over selection of stale ideas.

To be sure, Mr. Cantor tried to sound interested in serious policy discussion. But he didn’t succeed – and that was no accident. For these days his party dislikes the whole idea of applying critical thinking and evidence to policy questions. And no, that’s not a caricature: Last year the Texas G.O.P. explicitly condemned efforts to teach “critical thinking skills,” because, it said, such efforts “have the purpose of challenging the student’s fixed beliefs and undermining parental authority.”

More here

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NYT: (Missoula, Mont) This funky college town …. has long been a liberal pocket, an isolated speck of blue in a deeply red state. Now Montana is electing more politicians who lean that way, thanks to a different-minded generation of young voters animated by the recession and social issues.

…. these students, and dozens of other young people interviewed here last week, give voice to a trend that is surprising pollsters and jangling the nerves of Republicans. On a central philosophical question of the day – the size and scope of the federal government – a clear majority of young people embraces President Obama’s notion that it can be a constructive force….

…. Here in Montana, a state that backed John McCain in 2008 and Mr. Romney last year, voters under 30 have helped elect two Democratic senators and a new Democratic governor. Nationally, young voters have since 2004 been casting their ballots for Democrats by far wider margins than previous young generations – a shift that could reshape American politics for decades.

More here

Later in the article, the GOP response to young voters in Montanta helping elect Gov Steve Bullock and re-elect Sen Jon Tester (“Both times, polls stayed open hours past their official closing time to accommodate huge lines of students. Both times, Forward Montana ran huge voter registration drives”)?

They are “now trying to undo a Montana law that permits voters to register on Election Day”.

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ThinkProgress: Cleopatra Pendleton, mother of slain Chicago teen Hadiya Pendleton, will be Michelle Obama’s guest at the State of the Union on Tuesday.

More here

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Share the ad through Americans for Responsible Solutions

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NYT: Gabrielle Giffords looked slightly stricken as she considered the question: Would she feel bad about starring in a political advertisement against her former House colleagues who declined to stand with her on guns? “Yes,” she said, it would be painful.

“Sometimes you have to do things that are hard,” said Mark E. Kelly, Ms. Giffords’s husband, as she tucked herself close to him on their couch. Ms. Giffords nodded, as she often does when Mr. Kelly — as he often does — intuits the many thoughts she is still unable to express fully. “Really hard,” she added.

Ms. Giffords, a former Democratic congresswoman from Arizona, a gun owner, an astronaut’s wife, a shooting survivor and an incipient gun-control advocate, is settling into the third act of her public life.

More here

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@BarackObama

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ThinkProgress: The NRA is a big spender when it comes to lobbying and campaigns. ThinkProgress investigated the NRA’s contributions to Members of Congress and — lo and behold — the most heavily NRA-backed congressman are leading the charge against new gun violence prevention measures.

See here

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De naaaaaaaaa:

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MoooOOOooOOOoorning!




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