Hold Fast

A Blog by Matt Browner Hamlin

Hold Fast - a blog by Matt Browner Hamlin

Entries from August 2011

Leave Tom Miller Alone!!!!

August 31st, 2011 · Comments Off

Originally posted at AMERICAblog We are finally seeing righteous indignation is within the 50 state attorneys general settlement talks: Another person close to the talks, who like several others spoke on the condition of anonymity to discuss the situation more freely, said many in the group are “just exasperated. . . . This smear campaign of lies [...]

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Tags: Economy · Rule of Law

Stoller on Schneiderman & Obama

August 29th, 2011 · Comments Off

Matt Stoller has been consistently writing thoughtful analysis about the Obama administration and what’s happening in American political life, but this piece at Naked Capitalism is undoubtedly one of his sharpest pieces of writing, pulling together a number of different threads of analysis around what we’re seeing out of New York’s Attorney General, Eric Schneiderman. [...]

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Tags: Barack Obama · Democrats · Economy

Draft Duncan Black

August 29th, 2011 · Comments Off

Duncan Black: I understand the difficulties of getting things done, of Republican obstructionism, of Democrats who also, too, suck, but ultimately such excuses don’t matter. Results do. If I were the one in charge of this pop stand, I’d direct my economics team to come up with the “If I were a prime minister instead [...]

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Tags: Barack Obama · Economy

Government isn’t broken

August 29th, 2011 · 1 Comment

In an op-ed in the Nashua Telegraph, Daniel Weeks writes: Our problem today is not a broken government but a beholden one: government is more beholden to special-interest shareholders who fund campaigns than it is to ordinary voters. Like any sound investor, the funders seek nothing more and nothing less than a handsome return – [...]

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Tags: Congress · Economy

Cornel West on MLK, Obama

August 26th, 2011 · Comments Off

A very powerful op-ed from Dr. Cornel West in today’s NY Times. No punches pulled: The age of Obama has fallen tragically short of fulfilling King’s prophetic legacy. Instead of articulating a radical democratic vision and fighting for homeowners, workers and poor people in the form of mortgage relief, jobs and investment in education, infrastructure [...]

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Tags: Barack Obama · Economy

Marcellus Shale: fracking for 80% less

August 24th, 2011 · Comments Off

Originally posted at AMERICAblog. This is a big deal – the Marcellus Shale natural gas field is becoming like the new ANWR, only instead of being in the Alaskan wilderness, it’s a gas field that runs through the highly populated east coast and midwest. Instead of risking the health and well-being of rare animals as [...]

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Tags: Climate Crisis · Economy · Environment

Schneiderman removed from leading 50 state settlement committee

August 24th, 2011 · Comments Off

Originally posted at AMERICAblog Yesterday Iowa Attorney General Tom Miller, who is in charge of the 50 state settlement negotiations between banks, the administration and all 50 state attorneys general summarily kicked New York AG Eric Schneiderman off of the Executive Committee, which had been steering the negotiations. Schneiderman, who doesn’t want a settlement to [...]

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Tags: Economy · Rule of Law

NYT editorial says Schneiderman shouldn’t go along with foreclosure settlement

August 23rd, 2011 · Comments Off

Originally posted at AMERICAblog This is big. The New York Times editorial board is saying that New York Attorney General Eric Schneiderman shouldn’t go along with the Obama administration’s, and Iowa AG Tom Miller’s, efforts to have a broad settlement of their ongoing foreclosure fraud investigation.  (John reported on the administration’s efforts to push prosecutors [...]

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Tags: Economy · Rule of Law · The Media

Dean Baker on Obama, SS & Class War

August 22nd, 2011 · Comments Off

Economist Dean Baker writes about why Obama wants to cut Social Security. It’s a good read, in that it’s terrifying and depressing, but heavily based in facts. Baker closes with this incredibly important analysis of class warfare in the United States and who the economy is actually working for: This brings up the fundamental point. [...]

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Tags: Barack Obama · Economy

Fed gave $1.2 trillion to aristocracy of American finance

August 22nd, 2011 · Comments Off

Originally posted at AMERICAblog. Bloomberg: Fed Chairman Ben S. Bernanke’s unprecedented effort to keep the economy from plunging into depression included lending banks and other companies as much as $1.2 trillion of public money, about the same amount U.S. homeowners currently owe on 6.5 million delinquent and foreclosed mortgages. The largest borrower, Morgan Stanley (MS), [...]

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Tags: Economy