After Baltimore filed its lawsuit against Wells Fargo Bank, Cleveland has taken it up a notch and filed lawsuits against not one but several banks and investment companies that it believe acted irresponsibly in their lending practices.
I hate to sound like a broken record but this mortgage crisis could negatively impact our economy for years to come. To that end, our political representatives and presidential candidates need to figure this out with a quickness.
Looks good on paper, however, where will the money come from considering that Iraq has and will continue to bust the Federal budget and what is the likelihood that she could muster the support needed from Republicans and Democrats to actually pass legislation? Will it be too little too late?

Comments: (9)
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By: Dede on 2/01/2008 7:16PM
I think Barack Obama will be the next President of the United States of America. I believe the Republicans are scared to death. Even if Hillary is the Vice President everyone wins. there are not that many Republican Delegates. The very rich are outnumbered. Conservitives don’t even support John McCain. Romney doesn’t even have any support.
I love you all.
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By: Larry on 1/14/2008 11:40AM
Comments to Bob Johnson-
Thank you for your comments with respect too Obama and the Clintons. Sir your comments were and are totally stupid and beneath someone of your statue and I use that word “loosely”. But, I guess, ridiculous (brainless) comments have no boundary. While Bill and Hillary Clintons were still in Arkansas having sex with all of those women - King and others was vanishing /disappearing in Arkansas and the Clintons were no where to found. As for you Mr. Johnson- you were running behind the power to be and asking for hand out to amass your money and running behind young women. Just like the comment you made about Beyonce knowles “sitting on you lap and giving you a lap dance”. Mr. Johnson –you should be embarrassed, but peoples like you do not understand that your comments have an effect on some people. Mr. Johnson- we have more problems than we need with respect to this country - you and Bill Cosby need to sit your old B-Hind down and let the young people run the show. Sir, you had your shot and you blow-it and now you are trying to live through other “Whites”. Sir- Keep this in mind when you made statements- It shows your level of American and Black History. Mr. Obama youthful drug use in the pass has nothing to do with anything now – you didn’t get the memo. Grow-up sir and get a life. Sir, you know and I know that the Clintons are part of the same problems- we have had in the pass and to say that this white man is the first BLACK President is upsetting to me and others in the Black Community. No White man can be Black. ARE WE THAT DESPONDENT!!!!!
Larry
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By: chloe50 on 1/15/2008 3:14PM
you tell mr. johnson to "sit his old B**** down" and let the young people take over...i doubt it the young black people today are too self-centered, ego-motivated, materialistic, cosmetically-seduced, etc., to handle anything but their appetites and aversions.
the main reason why black society, has taken a nose-dive is because with you everything's "cool" you negotiate morals and principles, there is no right or wrong.
where were you during pres. clinton's campaigns and terms. go back and read some history...who were ron brown, mickey leland, ron dellums, read about them and their connections to mr. clinton. of course two of them died in "accidents"....read about it...
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By: Judy Ferguson on 1/20/2008 11:19AM
LETS DO A QUICKIE ON SUNDAY MORNING;
FRANCIS BELLAMY WROTE THE PLEDGE OF ALLEGIANCE SEPTEMBER 7, 1892, WHO WAS SHE, WELL, SHE WAS A WHITE WOMAN BAPTIST MINISTER THAT BASICLY USED "GOD'S" NAME IN VAIN, OR MAYBE NOT? MAYBE SHE HAD A DREAM LIKE DR. MARTIN LUTHER KING............."ONE NATION UNDER GOD INDIVISIBLE WITH LIBERTY AND JUSTICE FOR ALL" I SOLUTE NOTHING BUT GOD, SO WHERE DID THIS FLAG COME FROM? IT'S ANOTHER SYMBOLIC OF MISBELIEF, AND AMERICAN ETIQUETTE, NOTHING MORE NOTHING LESS, OR MAYBE SO BECAUSE IT HA BEEN USED TO SUPPORT THE UNITED STATES CONSTITUTION AND BILL OF RIGHTS----------------------GEE,
WELL, WE KNNOW THAT MEXICANS AND LATINO'S ARE NOW BEING TREATED LIKE NEGRO SLAVES IN AMERICA, WHY SHOULD WE RECITE SOMETHING THAT IS ABSOLUTELY FALSE?
I THANK GOD OBAMA IS NOT THE HYPOCRITE THAT WHITE HILLARY AND ALL THE OTHERS ARE, SPEAKING AND KNOWING DIFFERENT, AND WHICH THEY SPEAK JUST DOES NOT EXIST!
YOU CAN SING THE STAR SPANGLED BANNER ALL DAY LONG BUT IT MEANS NOTHING, ABSOLUTELY NOTHING BUT WORDS
LEARNED AND NOT LIVED! I DO NOT KNOW ABOUT YOU, BUT I KNOW ABOUT ME, AND I WILL NOT CAST MY VOTE TO HILLARY CLINTON OR ANYONE ELSE THAT DOES NOT REPRESENT CHANGE! THIS YEAR WILL WILL "BREAK OUT OF THE IMMORAL FABRIC OF AMERICA!" DON'T EVEN TRY TO USE IT BECAUSE THAT IS THE NAME OF MY BOOK THAT HAS BE COPYRIGHT! LOL
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By: Judy Ferguson on 1/20/2008 11:16AM
THE GOD I SERVE IS NOT SYMBOLIC, HE IS REAL, AND YOU BEST BELIEVE OBAMA IS REAL FOR STANDING HIS GROUND AGAINST BILLARY CLINTON. TO IGNORANT BOB JOHNSON WHAT HAS THE CLINTON'S DONE FOR ANYONE OTHER THAN SELF INDULGED PLEASURE? THEY HAD THEIR CHANCE AND SIGNED INTO LIFE A WELFARE REFORM BILL THAT WE LIVE TODAY, AND NAFTA THAT HAS CRAWLED UPON THE AMERICAN DINNER TABLE, AND HAVE TAKEN ROOFS OFF OF OUR HEADS.
IT'S TRUE YOU CAN TAKE A NEGRO OUT OF THE GETTO, BUT YOU CAN'T TAKE THE GETTO OUT OF THEM! LOL STUPID OLD
DRUNK CLINTKNIGHT!
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By: grannyhill3@aol.com on 1/20/2008 4:29PM
BOB PLEASE CLOSE YOUR MOUTHHHHHHHHHHHHHHHHHHHHHHHHH
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By: grannyhill3@aol.com on 1/20/2008 4:31PM
chhloe50 NOT ONLY YOUNG AMERICAN BUT, THE OLDER ONE OH WHICH I AM ONE ON THE OVER!
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By: Stephanie on 1/20/2008 10:24PM
As a young person during these hard times in our American History I feel that it is a SHAME that in the year 2008 all people can focus on is the color of one's skin!!! We need to focus on the economic issues that are affecting all of us alike; white, black, red, yellow, or green!!!!!!!! Everyone needs health insurance, everyone needs a place to live, everyone needs an education! Get it together people! Who cares what color the person is as long as they do what is best for this country as a whole! SHAME on you all for being so shallow!
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By: Marvice on 1/21/2008 12:07AM
I know I don't have a college degree, but what the hell will 10 billion dollars in unemployment insurance do to stimulate the economy? And home heating assistance? This goes to show her inexperience in economic matters. Why don't they rewrite or get rid of ridiculous legislation, cut payroll taxes, and corporate taxes for companies who invest in equipment and open companies here in the U.S. to create jobs for US citizens, as well as redo the trade agreements with these countries that are undermining us. That would be a start because these are things that would generate money into the economy as well as put money into people's pockets for the long term. Unemployment insurance may put money in an unemployed persons hands for a little while but at some point it will have to stop, and as long as they are out of work and not producing anything it's not doing anything for the economy that will help us in the long term or themselves for that matter. This is what I hate about Democrats, they think the answer to everything is to give somebody a free ride. They never want to get to the root of a problem and solve it, it's always what we are going to give you.
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