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darman year on the news you need to know this
only hours after President Obama proposed a new grand bargain for job
creation
republican leaders quickly condemned to the idea on Tuesday the president spoke
at an amazon dot com warehouse in Tennessee
re unveiled a new plan the paired corporate tax cuts with infrastructure
spending
in an effort to gain bipartisan support however senate Minority Leader Mitch
McConnell was quick to criticize the president's proposals saying quote
it's just a further left version of a widely planned
up and plan he already proposed two years ago this time with extra goodies
for tax-and-spend liberals
in quote the Republican lawmaker refuse to acknowledge the president as a
Obama's plan did exactly what republican leaders have been calling for
lower the corporate tax rate and simplify the tax code
instead senator mcconnell focused on it infrastructure spending
calling it extra goodies ignoring the fact that it would put many Americans
back to work
is out of the gate obstruction is just more republican
economic terrorism they will oppose anything that the president proposes
the matter how many republican ideas are included publicans in congress would
rather create another manufactured debt crisis
so they can blame President Obama for the damage that crisis in Flex on our
economy
but more more americans are recognizing that the goal the Republican Party's
insurgency strategy
is not to help our economy or for Americans back to work
is simply to oppose anything and everything President Obama stands for
as the president said during a speech last week it's time for Republicans to
stop being
against everything and tell the american people what they actually stand for
is a looks now the only thing republicans will spend their time on
is making sure that nothing the president proposes ever actually gets
done
in screwed news the republican-controlled House of
Representatives wants to keep millions of people of
food stamps according to a new report from the Health impact project
the snap budget cuts proposed by House Republicans would leave five million
people struggling
without the nutritional assistance that they rely on according to the report the
proposed $20 billion dollars in cuts
also increase poverty levels in lead to a spike in illnesses like heart disease
diabetes and high blood pressure
as people would be subjected to more stress and lower quality food choices
the director the study doctor aaron warn him said the SNAP program has
implications for health we want to make sure that health is part of the debate
however it's unlikely that this report or any report
elsewhere republican congress people far from the draconian cuts they propose
as the debate in Congress continues over a farm bill
that includes nutritional assistance millions of Americans will be watching
closely hoping republicans don't cut off the important food aid
on which they rely in the best to the rest to the news the city a
richman california is getting serious about helping struggling homeowners
yesterday mayor Gayle McLaughlin announced a controversial plan to use
eminent domain to address that city's foreclosure crisis
she said after years of waiting on the banks offer up a more comprehensive fix
or the federal government we're stepping into the void to make it happen
ourselves this week city officials some letters to 32 banks offering to buy
underwater home mortgages at a discounted price the banks refuse
letters say that the city approach Richmond may use the power of eminent
domain to condemn the properties and sees them from the banks
at court determine fair market price course Wall Street opposes the idea
Colleen
unconstitutional illegal and bad policy
Mary McLaughlin said the goal city officials is to stabilize the community
and prevent additional foreclosures
and several other cities around our nation are considering the measure as
well
may be unconventional but homeowners in Richmond Calif are thrilled
with city leaders going to such great lengths to keep residence
in their homes a new report from the Federal Reserve
Dallas estimates that the real cost to the 2007 to 2009
economic meltdown and the actual number will blow your mind
according to the study our nation lost between six and 14
trillion dollars from los economic output the steep decline in personal
wealth
and nagging unemployment and others this study say that their figures quite
conservative because less tangible effects the recession
are harder to quantify yet even as we learn the true fall off from wall street
gambling
and the housing bubble burst financial regulators say that they still haven't
enacted the reforms that will prevent it from happening
all over again and Senate Banking Committee hearing yesterday the head of
the Securities and Exchange Commission
very Joe White said that important protections in the 2010
dodd-frank Act may be in place by
this year's end many Americans are happy to see that a few
reasonable real regulations will finally put some limits on the banksters
but most are frustrated that is taken five years to put those minimal
protections in place
and finally as the rolls a parents have changed in the past few decades many
more dads are taken to pushing their kids around
in a stroller so one car maker in the Czech Republic is designed a more manly
body just for dads
strollers equipped with a hydraulic suspension 20-inch alloy wheels
a headlight for nighttime walks our company Skoda dubbed the stroller the
ultimate accessory for new dads
as of now the body is on a prototype but there are no plans to start selling it
but
after the economy got a huge response over the beefy baby buggy
spokeswoman said you never know there could be a market for
and that's the way it is today Wednesday July 31st
2013 I'm Thom Hartmann on the news