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
bmaz @PrivateSnuffy @ggreenwald @dandrezner ..hyperbole from Alexander et al); but even if so, hopefully can agree should be better alternative..
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bmaz @PrivateSnuffy @ggreenwald @dandrezner We prob also disagree about scope of any potential deleterious effects (None established other than..
1mreplyretweetfavorite
bmaz @PrivateSnuffy @ggreenwald @dandrezner My grip is fine, not being duped in the least. Think it is unfortunate our country needed this reset.
8mreplyretweetfavorite
bmaz @PrivateSnuffy @ggreenwald @dandrezner Fair enough. Good discussion, though I disagree.
10mreplyretweetfavorite
bmaz @PrivateSnuffy @ggreenwald @dandrezner There is no "confession", No witnesses "in open court" and no a shred of evidence he gave anything..
13mreplyretweetfavorite
bmaz @PrivateSnuffy @ggreenwald @dandrezner Hahaha, what a crock of shit.
15mreplyretweetfavorite
bmaz @PrivateSnuffy @ggreenwald @dandrezner Ot are you using the term more casually and colloquially than treason? If so, pretty loose semantics.
21mreplyretweetfavorite
JimWhiteGNV @laRosalind Yeah, it probably won't be an easy transition for him, but Riker will have to make it so. Noise from logging has dog upset, too.
22mreplyretweetfavorite
bmaz @PrivateSnuffy @ggreenwald @dandrezner Also shows you have no comprehension whatsoever of the legal definition of "traitor" but, whatever.
23mreplyretweetfavorite
bmaz Excellent stuff RT @APribetic I posted a new paper on SSRN entitled: "Internet Defamation: A Canadian Perspective" http://t.co/AdWJFmH02j
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bmaz @PrivateSnuffy @ggreenwald @dandrezner So you self proclaim. Others disagree based on the same amount, or more, "facts".
28mreplyretweetfavorite
bmaz @PrivateSnuffy @ggreenwald @dandrezner Another "possible interpretation" is Snowden made a joke on deep state apologists that demanded it
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