Bruce Reilly: 2013 is poised to become the most important year of the subprime aftermath. The five-year statute of repose, the window within which cases are arguably eligible under the Securities Act, will close.
Dan Bluemel: Despite government programs designed to improve the situation, the light at the end of the tunnel seems very far indeed for foreclosure victims. Thus the desperate turn to organizations like Occupy Fights Foreclosure..
Ellen Brown: Just as Occupy Sandy has pre-empted the official rescue agencies through community organizing, so a Public Bank of New York or New Jersey could pre-empt the vulture Wall Street banks and finance the state’s own rebuilding.
Robert Reich: The White House’s and Democrats’ single biggest failure in the cliff negotiations was not getting Republicans’ agreement to raise the debt ceiling.
Sharon Kyle: Up until this breaking news, President Obama maintained that a deal was “within sight” but most thought Congress would be unsuccessful.
Leslie Radford: What is the nation’s second-longest occupation ended Thursday morning when the family and their friends were awakened by the sound of the slamming doors of dozens of law enforcement vehicles surrounding the 1400 block of Leadwell Street in Van Nuys.
Walter Brasch: The obstructionists in Congress need to realize this isn’t a deserted two-lane highway, and Americans don’t want the Republicans playing chicken with our nest eggs.
Robert Reich: The fanatics in the GOP have to be held accountable or they’ll continue to hold the nation hostage to their extremism. Even if it takes until the 2014 midterms to loosen their hold, the cost is worth it.
John Peeler: Speaker Boehner’s debacle in failing to get his own caucus to support his “Plan B” is not only his failure, it shows the complete disarray of the congressional Republican Party.
Ellen Brown: The fiscal cliff has been said to be holding Congress hostage to conservative demands, but the real hostages are the debt slaves of our financial system.
Charley James: Newspapers and cable are filled with counter GOP demands for massive spending cuts that would almost entirely hurt the poor, the working poor, the tattered remains of the middle class and the elderly.
Brent Budowsky: Democratic House challengers in 2014 will clobber GOP House incumbents in 2014 who vote against Medicare and Social Security.
Robert Reich: Too many Democrats inside and outside the Beltway have ingested the deficit cool-aide that the “serious people” on Wall Street have serving for two decades.