Thom's blog
Who’s screwed? Homeowners!
Who’s screwed? Homeowners! Nearly a quarter of all the homeowners in our nation are underwater on their mortgages – meaning they owe more than they’re house is worth. That’s according to a new report released yesterday by the housing firm CoreLogic that shows more 11 million people are stuck paying huge mortgages on a devalued house. 2/3 of homeowners in Nevada are underwater – and about half of the homeowners in California, Florida, Michigan, and Arizona are in the same situation. And that doesn’t include the millions more who already foreclosed on their homes – and are now living in their car – or if they’re lucky – motels. Meanwhile – the banksters who inflated the housing bubble and lured people into buying homes they couldn’t afford are doing just fine now thanks to their government bailout – and their tax cuts courtesy of the Republican Party. Now they have enough money in their pockets to go and reinflate another bubble to screw us all over. Notice how gas prices and food prices are both in the rise? You can thank these same banksters for that too.
-Thom
(What do you think will be done? Tell us here.)
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Tonight on The Big Picture on RT TV at 9pm and 11pm... Did "starve the beast" work? (check your local listings for stations or stream at RT, and catch past shows on Youtube)
Need to Know: Did "starve the beast" work?
Ohio GOP Replaces Another Committee Member To Game Vote On Anti-Union Bill With Alex Sietz-Wald, Reporter/Blogger-Think Progress.
Screwed: Who’s screwed? Homeowners! With Michael W. Hudson, Staff Writer, Business and Financial Investigations, Center for Public Integrity; author of "THE MONSTER: How a Gang of Predatory Lenders and Wall Street Bankers Fleeced America—and Spawned a Global Crisis".
The Best of the Rest of the News...
How To Break The Mideast Impasse? With Adam Horowitz, co-editor of "The Goldstone Report: The Legacy of the Landmark Investigation of the Gaza Conflict".
Daily Take: It's back...The Bubble Economy
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Read Thom's Book for Free!
Now you can read all of Thom Hartmann's " Unequal Protection: How Corporations Became 'People' and How You Can Fight Back" for free online. Truthout is publishing weekly installments over the coming weeks. Read the introduction: The Battle to Save Democracy today.
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The Daily Stack
Quote: "The growing wealth acquired by them [corporations] never fails to be a source of abuses." -- President James Madison.
Hour One: Latest from the trenches...Wisconsin's war on Labor with John Nichols, Washington Correspondent - The Nation Magazine; Associate Editor-Capital Times; author/co-author of several books, latest (with Robert McChesney) "The Death and Life of American Journalism".
Dems fight back against Walker with State Senator Chris Larson, Wisconsin State Senator (D-District 7)(one of the AWOL 14).
Hour Two: Is O'Keefe style "gotcha" journalism the future of news? Thom challenges Dan Gainor,Vice President & T. Boone Pickens Free Market Fellow at the Business and Media Institute.
Recall Brewer before it's too late!! with Dr. Matt Jette, Spokesperson, Committee to Recall Arizona Governor Jan Brewer (Republican who ran against Brewer in 2010).
Clip: Scott Fitzgerald: "Michael Moore doesn‘t know what he‘s talking about. And, by the way, there was nobody there to listen to him. It was the smallest crowd we‘ve seen in about two weeks." " The Last Word with Lawrence O'Donnell" for Monday, March 7th, 2011.
Hour Three: Witch hunts...really?? With Seton Motley, President of Less Government and Alejandro Beutel, Government & Policy Analyst-Muslim Public Affairs Council (from The Big Picture).
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Coming up Thursday on The Thom Hartmann Program
Hour One: Latest from the trenches...Wisconsin's war on Labor with John Nichols, Washington Correspondent - The Nation Magazine; Associate Editor-Capital Times; author/co-author of several books, latest (with Robert McChesney) "The Death and Life of American Journalism".
Hour Three: Geeky Science Rocks...
And, the best of the rest of the news and your calls right here on...
The Thom Hartmann Program... your media support group for we the people.
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Thom's Poll
25% of homeowners in the US are underwater on their mortgages - 2/3 of homeowners in NV are underwater - Will anything be done?
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Watch & Listen to Thom
Are you now or have you ever been a Muslim?
Are the Chertoff Porno body scanners coming to trains and protests soon?
Are high gas prices another Wall Street scam?
or watch yesterday's full show...
Full Show - 3/8/11. Wisconsin's Indefinite Standoff
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Would you like to help give a child with a very troubled background this feeling of peace? Thom and Louise Hartmann founded the New England Salem Children's Village (NESCV) in New Hampshire in 1979. With states delaying payment for the children they entrust to the village, they need help with cash flow. Can you help?
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Show Info
Call Thom on the show at 1-866-987-THOM (8466) (0870 974 9686 from the UK, +1 503 796 2324 from outside the US or UK).
Sign up for Thom's podcasts.
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Join in the discussions on Thom's free message board.
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