Brian Moynihan

Obama’s Housing Campaign

Let’s connect a few data points.

Last Friday, Jame Dimon demanded that all the players (except the actual homeowners) get locked into a room until some leader solved the housing problem he and his buddies created.

On Sunday, the Administration promised, for what seems the bajillioninth time, to really do something about foreclosures.

On Monday, the Democrats confirmed that Obama will accept his nomination at Bank of America stadium. They did this to have more skyboxes they could sell to the 1%.

Then on Wednesday, Shawn Donovan rolled out the latest incarnation of the foreclosure settlement–one which still helps just a small fraction of families suffering because the housing bubble crashed.

And now the Administration has a meeting planned for January 23–what sounds like just the meeting DImon demanded–to iron out the last bits of such a minimally helpful settlement. There are two details of this meeting that are especially noteworthy.

First, only the Democratic Attorneys General appear to be invited.

Materials about the proposed deal are being sent to all states, and Democratic attorneys general have been asked to meet on Jan. 23 with Miller, Donovan and Associate Attorney General Thomas Perrelli, said Geoff Greenwood, a spokesman for Iowa Attorney General Tom Miller.

[snip]

Republican attorneys general will separately discuss the proposed settlement by phone the same day with their Republican counterparts on the negotiating committee in addition to Donovan and Perrelli, Greenwood said.

[my emphasis]

Even better? This meeting is in Chicago!

At the Jan. 23 meeting in Chicago, the federal and state officials will answer questions and discuss details of the potential deal in an effort to win support, Greenwood said.

None of the named principles of this discussion live in Chicago. Thomas Perelli is in DC. Shawn Donovan is in DC. Tom Miller is in IA. Even the banksters are from NY and Charlotte.

The one thing that’s in Chicago, of course, is Obama’s campaign headquarters. (Outgoing Chief of Staff and now campaign Co-Chair and former–future?–JP Morgan exec Bill Daley? He lives in Chicago!)

So to “solve” the foreclosure problem, we’re going to invite a bunch of people–but only the Democrats–to Obama’s campaign headquarter city to hammer out something that really only helps a fraction of those affected.

Yes we can.

Emptywheel Twitterverse
emptywheel @lizzwinstead Get the feeling there was some quick and broad and well-financed coordination on that response.
4hreplyretweetfavorite
emptywheel @JasonLeopold Bingo. Saw that. Need to go back to that one. Timing is very interesting too. And the FoPo withholding.
4hreplyretweetfavorite
emptywheel @JasonLeopold Oh, I remember. So this is CIA White PAper and the other is the DOJ White Paper? Or just that DOJ didn't refer other to CIA?
4hreplyretweetfavorite
emptywheel @JasonLeopold Ah thanks.
4hreplyretweetfavorite
emptywheel RT @TondaMacC: The easiest form of terrorism: no need for sophisticated plots, or training, or financing, by @shephardm: http://t.co/DSQdPF
4hreplyretweetfavorite
emptywheel @JasonLeopold Which one is that on--11/11 or 5/11?
4hreplyretweetfavorite
emptywheel RT @JasonLeopold: JUST FILED: CIA declaration in my #FOIA case re: CIA white ppr turned over to me justifying assassination of Awlaki https…
4hreplyretweetfavorite
emptywheel @maassp Thanks for pointing that out. It has been a largely male celebration of a great career.
4hreplyretweetfavorite
emptywheel @liferstate Not convinced any cohort is succeeding at this point.
4hreplyretweetfavorite
emptywheel @liferstate Good point. But in the meantime our collective pants-peeing will prevent any effort to address climate change.
4hreplyretweetfavorite
emptywheel @maassp I was interested in your comment abt being white male--his tributes are mostly from white men. Bc of the time?
4hreplyretweetfavorite
emptywheel RT @abc7newsBayArea: JUST IN: Dallas nurse Amber Vinson who contracted Ebola from Thomas Duncan is virus-free. http://t.co/mNDQTT1jd3 http:…
4hreplyretweetfavorite
October 2014
S M T W T F S
« Sep    
 1234
567891011
12131415161718
19202122232425
262728293031