The Sunday 'Report;' 02/27/2011

What The National Pamphleteers Don't Report:
Wanna' Visualize The obama Budget Cuts?
http://wimp.com/budgetcuts/

U.S. Pushes Mortgage Deal

obama Proposal Seeks Multibillion-Dollar Settlement of Loan-Servicing Cases
Text By NICK TIMIRAOS, DAN FITZPATRICK and RUTH SIMON
    The obama administration is trying to push through a settlement over mortgage-servicing breakdowns that could force America's largest banks to pay for reductions in loan principal worth billions of dollars.  Terms of the administration's proposal include a commitment from mortgage servicers to reduce the loan balances of troubled borrowers who owe more than their homes are worth, people familiar with the matter said. The cost of those writedowns won't be borne by investors who purchased mortgage-backed securities, these people said.  If a unified settlement can be reached, some state attorneys general and federal agencies are pushing for banks to pay more than $20 billion in civil fines or to fund a comparable amount of loan modifications for distressed borrowers, these people said.  But forging a comprehensive settlement may be difficult. A deal would have to [....]
http://online.wsj.com/article/SB10001424052748703842004576162813248586844.html?mod=WSJ_hp_LEFTTopStories&utm_source=Newsletter&utm_medium=Email&utm_campaign=Morning%2BBell

Cuomo would make NY-26 doubly special

Jimmy Vielkind, Capitol bureau
    Gov. Andrew Cuomo is introducing a bill that would double the amount of campaigning time for special elections, like one the governor will have to call in the 26th Congressional District.  This would make for a fairly interesting shift in political tactics during the campaigns, which because of their short duration favor wealthy candidates and “air wars.” Cuomo’s stated reasoning for the change — which would give a 70-80 day window from the date he issues a formal proclamation, rather than a 30-40 day window — is to ensure oversees and military ballots can [....]
http://m.timesunion.com/tu/db_39924/contentdetail.htm?contentguid=YnlXR07l&storycount=9&detailindex=5&pn=&ps=&full=true#display

"Clown Prince" Lies AGAIN!
White House meets lobbyists off campus
Lobbyists say obama aides shunt them to the Jackson Place Complex.
By CHRIS FRATES; 2/24/11
    Caught between their boss’ anti-lobbyist rhetoric and the reality of governing, "Clown Prince"  obama’s aides often steer meetings with lobbyists to a complex just off  'barackingham Palace' grounds — and several of the lobbyists involved say they believe the choice of venue is no accident.  It allows the obama junta to keep these lobbyist meetings shielded from public view — and out of Secret Service logs kept on visitors to 'barackingham Palace' and later released to the public.
“They’re doing it on the side. It’s better than nothing,” said immigration reform lobbyist Tamar Jacoby, who has attended meetings at the nearby Jackson Place complex and believes the undisclosed gatherings are better than none.  Dupes at 'barackingham Palace' scoff at the notion of an ulterior motive for scheduling meetings in what are, after all, meeting rooms. But at least four lobbyists who’ve been to the conference rooms just off Lafayette Square tell POLITICO they had the distinct impression they were being shunted off to Jackson Place — and off the books — so their visits wouldn’t later [....]
http://www.politico.com/news/stories/0211/50081.html?utm_source=Newsletter&utm_medium=Email&utm_campaign=Morning%2BBell

George Soros: ‘President Obama Has Lost Control’

{'Sub-President' Speaks; BUT, What's The Sub-Plot?!?}
By Meredith Jessup
    In a pre-recorded interview with CNN’s Fareed Zakaria set to air Sunday morning, investment billionaire George Soros accuses President Barack Obama of having “lost control” of the national economy and criticizes the Democratic president for allowing Republicans to set the national agenda.  Furthermore, Soros goes on to predict that Obama‘s policy shortcomings will have a negative impact on the nation’s economic recovery and accuses the GOP of mixing economic and ideological priorities at the expense of the American worker. [....]
http://www.theblaze.com/stories/george-soros-president-obama-has-lost-control/
http://www.cnn.com/video/?/video/politics/2011/02/18/gps.soros.economy.cnn
Til Next Sunday....