In an interview with WSJ's Jerry Seib, veteran political analyst Charlie Cook said he believes Republicans will re-claim the House in the Fall mid-term elections. He
also said Harry Reid may defeat Sharon Angle in Nevada and wondered whether Rand Paul can lose in Kentucky.
[...] “Housing continues to be stuck in the doldrums,” said Jeffrey Frankel, a member of the business-cycle dating committee at the National Bureau of Economic Research, the arbiter of when
U.S. recessions begin and end, and a professor at Harvard University in Cambridge, Massachusetts.
With 14.6 million Americans out of work, homeowners are struggling to hold onto their properties. One in seven mortgages were delinquent or in foreclosure during the first quarter, the highest
in records dating to 1979, according to the Washington-based Mortgage Bankers Association. Foreclosures probably will top 1 million this year, said RealtyTrac Inc., an Irvine, California-based
data company. [...]
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journals.
Heading into midterm elections, President Obama is trying to give Democrats a boost in the polls by proposing economic initiatives. White House senior adviser David Axelrod tells Steve Inskeep that the wrong thing to do is to go back to the policies that created the problems in the first place.
Longtime Chicago Mayor Richard Daley announced Tuesday he will not seek a seventh term in office. Daley is credited with building the city's skyline and beautifying its stunning lakefront. But he leaves office with the city's budget in crisis, violent crime soaring in some neighborhoods and the feds probing corruption in City Hall. Daley's departure also leads to lots of speculation over just who may be Chicago's next mayor.
President Obama travels to Cleveland Wednesday to outline his plan to get the economy moving again. White House officials are clear about why they picked Cleveland: Because House Majority Leader John Boehner of Ohio was there touting the GOP.
A full-blown congressional debate on the expiring 2001 and 2003 tax cuts will unfold this fall, but some lawmakers have already weighed in on the most controversial issue: whether it makes sense, at a time of huge budget deficits, to extend tax relief for those earning more than $250,000.
Alaska Sen. Lisa Murkowski, apparently defeated in her bid for another term in the Aug. 24 GOP primary -- she conceded the race last week -- may have a change of heart. She is considering all options, including remaining on the ballot in some way.
Chicago Mayor Richard M. Daley, who has been in office since 1989 and who is set to break his late father's longevity record on Christmas, announced today he will not seek re-election in 2011.
President Obama wants to shift the political debate away from big versus small government and toward a discussion of whether or not the government works. Proving effectiveness requires more transparency, and the administration has used online tools to do that, but many Americans still await results.
After more than 20 years in office, Chicago Mayor Richard Daley says he's not running for re-election. If Daley finishes his current term, he will have held the post longer than even his father, Richard J. Daley, who died in office after serving 21 years.
The White House is now campaigning full-steam ahead for the upcoming midterm elections. But the landscape is daunting. President Obama's poll numbers keep falling and the Republican Party may have a historic Election Day unless the Democrats pull off something dramatic in the next few weeks.
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