February 2, 2012


In the last 90 days, 5.6 million Americans have switched banks.

Obama proposes mortgage relief plan

President Obama on Wednesday touted his mortgage-relief plan, and while he did not mention Mitt Romney by name, his comments referenced Romney’s statement a day earlier that the housing market had to bottom out before it got any better. “It is wrong for anybody to suggest that the only option for struggling, responsible homeowners is to sit and wait for the housing market to hit bottom,” Obama said in a speech at a community center in Virginia. The housing plan, parts of which require congressional legislation, is aimed at making it easier for homeowners to refinance. Romney has stated his opposition to this plan, saying he instead believes the answer to fixing the housing market is not in government intervention but in rolling back regulations and allowing the market to fix itself.

More here.

Bill Moyers and John Reed on Big Banks' Power and Influence

American Airlines to cut 13,000 jobs

Police evict Occupy Buffalo

At daybreak, the grassy outlines where tents stood and a cluster of flags fluttering in the wind were all that remained of the Occupy Buffalo encampment on a quadrant of Niagara Square that began October 8.

Hours earlier, a police descended, and after a brief warning, they tossed 17 tents and the contents into a top trailer and arrested 10 protesters who refused an order to cross the street.

More here.

City of Chapel Hill Apologizes, Sort of

Town council says sorry to Raleigh News & Observer for arresting, handcuffing and placing reporter Katelyn Ferral facedown on pavement; doesn't apologize for SWAT-style response to Occupy Chapel Hill's non-violent occupation of building that had been vacant for ten years.

More here.

The New York Times fired off another letter to the Police Department today on behalf of 13 New York-based news organizations about police treatment of the press over the last several months.

Occupy Tulsa protesters reject plea deal

Occupy Tulsa supporters who were arrested in November on park curfew violations appeared in court Tuesday to reject the city's plea deal and vow to fight on.

More here.

Occupy Oakland: 12 barred from City Hall

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