Liening on NY homeowners – NYPOST.com.

WOW!

Fannie and Freddie are at it again | The Daily Caller – Breaking News, Opinion, Research, and Entertainment.

– Fannie Mae and Freddie Mac are dating again. And word has it they’re seeing way too much of each other. Because their Congressional “parents” cannot be totally unaware of what Fannie and Freddie have been up to, individual incumbents in both chambers are either consciously avoiding their personal oversight responsibility—to provide adult supervision—or, may actually condone the various schemes carried out by the two government-controlled mortgage finance companies

In Ohio, Obama vows to ‘never stop fighting’

PAPER: Obama's fortunes set to deteriorate further...
Bernanke under pressure; Faltering support for Fed chief...
Dow Suffers Worst Week SInce Last March...
Obama seen as anti-business by 77% of investors...
Europe welcomes bank plan, won't imitate it...
White House nightmare persists...

RASMUSSEN:
Obama Approval Index: -19
Strongly Approve 24%
Strongly Disapprove 43%
Total Approval 44%

THE DAY HEALTH CARE DIED

Many rank-and-file Democrats said their stunning defeat in this week’s Massachusetts special election — in which Republicans captured the Senate seat held for decades by the late Edward Kennedy — meant it was time to seek more modest health legislation.

It would be “problematic” to persuade House members to approve the Senate measure, Pelosi said, though Democrats haven’t completely ruled out trying to do so. Many of them say the Senate bill does too little to help people afford health coverage.

“In its present form without any changes I don’t think it’s possible to pass the Senate bill in the House,” Pelosi said, adding, “I don’t see the votes for it at this time.”

Any effort to reshape the health legislation could well be a lengthy process — despite Democrats’ desire for a quick election-year pivot to address jobs and the economy, which polls show are the public’s top concern. Lawmakers have already been working on the issue for a year.

“We’re not in a big rush” on health care, Pelosi said. “Pause, reflect.”

Several Democrats said they should refocus the legislation onto popular proposals like barring insurance companies from denying coverage to sick people.

via DRUDGE REPORT 2010®.

WALL ST CHILLED...
MORE JOBS LOST...
Democrats propose $1.9 trillion increase in debt limit...

via Reid: I’m So Totally Stoked My Health Care Reform Bill Will “Save” $127 Billion Over Ten Years, Which Is Less than October’s One Month Deficit.

2074 Pages… And senators will have a full three days to read it before voting.

After Stimulus: 49 of 50 States Have Fewer Jobs!
*6 Million Jobs Shy of Administrations' Projections...
Obama trying to boost party money, morale...
RNC Beats DNC in Money Race...
Dems lock Republicans out of committee room: 'They don't know how to behave'...
HealthCare Propaganda On Govt. Website?
House Dems Want Medicare for Everyone...
Administration plans big pay cuts at bailout firms...
Salaries of top executives by 90%...

WHITE HOUSE MASTER TO SLASH EXEC PAY

Michelle Malkin » Stimulapalooza: 3.6 Million Jobs Lost is “Quite Positive;” Update: Errors galore.

Gaffes in federal reports this week about stimulus have called into question the government’s ability to accurately track how many jobs are being created by the massive $787 billion Recovery Act.

The data in Thursday’s reports were filled with mistakes, including an error that made it look like a French vaccine maker received the largest stimulus contract, $1.4 billion, when in fact it has gotten an award one-100th the size.

Government research organization OMB Watch said its assessment of the reports revealed many inconsistencies in the job data.

“The data is rife with mistakes,” said Craig Jennings, senior federal fiscal policy analyst at OMB Watch. “When you put out data that hasn’t yet been checked, it undermines transparency, because you are putting out wrong information.”

…A mistake in the very first contract listed on the site prompted doubts about the reliability of the reports.

Recovery.gov erroneously reported Thursday that French vaccine maker Sanofi Pasteur had received $1.4 billion in stimulus funds from the Department of Health and Human Services. The company topped the site’s list titled “Largest federal contracts in U.S.”

When CNNMoney.com first asked about the contract Thursday, a spokeswoman from Sanofi Pasteur suspected the $1.4 billion figure was a mistake. HHS spokeswoman Vicki Rivas-Vazquez said the number on recovery.gov was erroneous and the actual amount was $10.4 million.

Sanofi Pasteur said Friday that $10.4 million is the correct figure.

“We anticipated errors in the reporting and so informed many reporters beforehand,” said Edward Pound, spokesman for the Recovery Board. “This is the first time this kind of reporting is being done. These reports are being reviewed by federal agencies and recipients to catch any errors or problems.”

The Recovery Board has the tall task of compiling all of the data, and is spending $18 million revamping its Web site to manage all of the information.

OMB Watch said its review yielded “really weird job numbers,” including many discrepancies within the reports themselves. For instance, Jennings said OMB Watch found that many companies said in a narrative portion of their reports that it was able to retain several employees because of stimulus funds, but the “jobs created” column read “zero.”

The Recovery Board aggregates its jobs data from the “jobs created” column to display the total number of jobs saved or created. Jennings speculated that recipients might have been confused about the scope of the term “created.”

“I would not stake any sort of claims on those job numbers,” said Jennings. “We don’t know what’s going on there.”

FY 2009 Federal Deficit Terrifyingly Huge

after reading the links within that link, this will make perfect sense:

That’s a little like resuscitating a guy who had a heart attack on the way to his execution. Yeah, he’s alive but for how much longer?

When confronted with something this unsustainable there’s only two things to be done.

1- Spend untold trillions more taking over the nation’s health insurance system.

and

2- Blame Bush.

Obama to conservatives: Grab a mop and help me clean up your mess

The good news: The “socialist mop” line made me laugh. The bad news: He’ll be telling us it’s our mess that he’s cleaning up until, oh, 2015 or so at the earliest. How he’s planning to blame the stimulus waste or inevitable cost overruns on health care on the right isn’t yet clear to me, but have faith. He’ll find a way. It’s … what he does.

Question: Given the electoral realities in Congress these days, is it really the right that’s his biggest pain in the ass?

So far, he’s failing miserably. Consider the following:

• Cap-and-trade legislation had to limp over the finish line in the House of Representatives with the help of a few moderate Republicans, who then caught holy unshirted hell from their constituents. Environmental legislation generally has taken a drubbing in public opinion polls when people consider how costly it is.

• The Employee Free Choice Act may be stripped of its “card check” provision in the Senate, which would effectively do away with secret ballots for unionization elections. Even in its watered-down form — which still includes highly objectionable, mandatory, binding so-called gunpoint arbitration and makes no concessions to employers who don’t want to have to prop up teetering union pensions — it might not pass the Senate. And the leadership of the House has refused to touch it until the other chamber has made up its mind.

• On health care, forget the rage set off by private citizen Sarah Palin tweeting about “death panels.” Forget the misleading talk about whether there will be a “public option.” (The ever-evolving plan is one giant public option, folks.) Forget the angry voters who crowded into the town halls during the August recess. Forget that a number of Democratic senators and Sen. Joe Lieberman (I-Conn.) are still not willing to sign on to a bill. Right now, even after Obama’s address to the joint session of Congress last week, it’s possible Democrats don’t even have the votes in the House — where they currently enjoy a 77-seat majority.

It’s entirely possible — nay, likely — that Obama will lose on all three big issues. He’ll probably take that personally. As he has pushed for the passage of his reforms, his public approval ratings have taken a beating, and voters have started to trust the Republicans more than his party on a host of issues.

The question that most political handicappers are considering right now is not “Will Republicans make gains at the midterm elections?” but “How large will those gains be?”

Hot Air » Blog Archive » Quote of the day.

“He is trying to fix the financial markets but does not have an assistant treasury secretary for financial markets. He is spending more money on transportation than anyone since Dwight D. Eisenhower but does not have his own inspector general watching how the dollars are used. He is fighting two wars but does not have an Army secretary.

He sent Secretary of State Hillary Rodham Clinton to Africa to talk about international development but does not have anyone running the Agency for International Development. He has invited major powers to a summit on nuclear nonproliferation but does not have an assistant secretary of state for nonproliferation. He has vowed to improve government efficiency but does not have the chief performance officer he promised.

‘If you’re running G.M. without half your senior executives in place, are you worried? I’d say your stockholders would be going nuts,’ said Terry Sullivan, a professor at the University of North Carolina and executive director of the White House Transition Project, which tracks appointments.”

Democrat resists subpoenaing VIP mortgage records.