FROM Jill Keto
Homeownership and the American Dream Six years ago, George W. Bush declared that, “owing a home lies at the heart of the American dream.” Yesterday, President Barack Obama said that home foreclosure means losing a “foothold in the American Dream,” an idea that dates back to the Great Depression. But there’s a downside, and it’s come to a head in the current recession as millions of homeowners are losing their homes to foreclosure. Why should tens of billions of taxpayer dollars help people get back into housing they can’t afford? What’s wrong with renting?
What's Wrong with Renting? Six years ago, George W. Bush declared that, "owing a home lies at the heart of the American dream." Yesterday, President Barack Obama said that home foreclosure means losing a "foothold in the American Dream," an idea that dates back to the Great Depression. Politicians virtually equate homeownership with patriotism, and government subsidies include the mortgage-interest exemption. But there's a downside, and it's come to a head in the current recession. Millions of homeowners are in big trouble. Why should tens of billions of taxpayer dollars help people get back into housing they can't afford? As the author of Don't Get Caught with Your Skirt Down : A Practical Girl's Recession Guide asks, what's wrong with renting?
Trump plays scolder-in-chief with NATO allies At the opening of NATO’s dramatic new headquarters in Brussels today, President Trump acknowledged that Article 5 — promising that “an attack on one nation is an attack on all” -- has only been invoked one time: in the aftermath of September 11. But the President failed to provide what 27 other Alliance members have been waiting for: a re-commitment by America’s new leader to Article 5. Instead, they got a scolding.
White House budget proposal slashes and burns President Trump's first budget request is considered dead on arrival in Congress — a familiar development in Capitol Hill. We hear what it reveals about the priorities of the new administration. What's likely to die… and what might survive?
Terrorism and tweets, hate speech and murder Just days before an election, Britain is coping with a rash of deadly terrorism, and Prime Minister Theresa May is on the defensive. And again today, President Trump has tweeted criticism of the Mayor of London. Later, a double murder in Portland, Oregon has revealed the ugly past of a supposedly “progressive” city. One immediate question: is “hate speech” protected by the First Amendment?
Ex-FBI Director Comey tells his side of the story Today, former FBI Director James Comey came close to calling the President who fired him a liar. The White House denied the claim and called it insulting, but Republican Senators did not challenge Comey’s truthfulness. Many questions remain: did the President try to obstruct a federal investigation? Later, we’ll go behind the “velvet rope” for a look at 5-Star health care for the richest Americans.