Sure, it has been an unusually warm winter for us in New England, but that's not why more than 150 activists took to the streets with snorkels and swimsuits today in the financial district. Sporting goggles, flippers and life preservers, … [Read more...]
Bill Galvin’s timely proposal
Recently the Federal electeds passed 3808 to facilitate the foreclosure process. While vetoed by the President, were it to have passed we could expect a wave of notarized fraud that would have inundated the foreclosure process. … [Read more...]
Unemployment update, veto overrides, and a request for common sense
Workforce development updated its page today and seems to indicate that if you were receiving unemployment, but were cut off after 26 weeks and before 99 weeks you should "expect a letter". Note that there is a phone line, though, to … [Read more...]
The Third Depression – result of fear of deficits?
According to Paul Krugman's Op-Ed the world may well be moving into a Third Depression rather than out of the Great Recession. Here in Massachusetts, a prime mover in creating that Third Depression is our own Senator Scott Brown, by … [Read more...]
Republicans block unemployment extension – 900,000 left with no income
Republicans block unemployment leaving 900,000 with no income and no where to turn. Using the filibuster to leave Americans destitute and by the side of the road is WRONG. Will some older workers need to draw against social security earlier … [Read more...]
Unemployment remains the #1 problem for the economy
Unemployment by state tells the story. Having the stock market go up, while employment remains the worst it has been in 29 years should be setting off alarm bells, not celebrations. The fact that Tata Tata enterprises is being … [Read more...]
Governor – Have the courage to hire and to house!
Why jobs? First, the courageous path is not firing 2000 workers but ensuring more workers are hired. For every state or corporate worker fired, from 20-100 families hunker down and go into bunker mentality. What do I mean … [Read more...]
This Week in the Boston City Council
Just Cause Eviction Protection for Tenants The first bill was sponsored by Councilor Chuck Turner, who is working closely with the Massachusetts Alliance against Predatory Lending. MAPL currently has three pieces of legislation at the State … [Read more...]
House Brings Relief to Homeowners Facing Mortgage Foreclosure
In Massachusetts, the foreclosure rate is up 76 percent in the past year, with 1,000 foreclosures in Boston in the past six months. The wave of foreclosures is not expected to crest until 2008, when many variable-rate mortgages … [Read more...]
The Senate gets it
Senate President Therese Murray today announced that the Senate will take up a comprehensive bill tomorrow designed to address the current foreclosure/subprime lending crisis. The bill is will provide for more state oversight of the … [Read more...]