Category: GOP

VIDEO: GOP candidate David Trott endorsed subprime mortgages at the height of the subprime meltdown

VIDEO: GOP candidate David Trott endorsed subprime mortgages at the height of the subprime meltdown

That advice wasn’t good for consumers. But it sure must have been good for Trott’s business handling foreclosures.

David Trott, chairman and CEO of one of the country’s largest law firms specializing in foreclosure services for the mortgage industry — and a Republican candidate running in Michigan’s 11th Congressional District — has got some explaining to do.

In September 2007, subprime mortgage firms were declaring bankruptcy, other financial institutions were refusing to take on more subprime loans and millions of Americans were at risk of losing their homes. At that same time, Trott appeared on the Michigan TV program “Due Process” and called subprime mortgages “a perfectly appropriate product.”

Yes, David Trott defended subprime mortgages even as the subprime mortgage market was collapsing. That collapse contributed significantly to the larger financial crisis that wreaked havoc on the global economy.

Trott’s statements on “Due Process” make it clear he didn’t see anything wrong with endorsing a product he knew very well would result in even more foreclosures — risking the homes of average Americans while driving more business to his law firm.

Click through for video and more.

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The Tea Party GOP can’t read a calendar any better than they can spell

The Tea Party GOP can’t read a calendar any better than they can spell

They’re trying to turn back the clock to re-fight the 2012 election. Or the Civil War. At first, many of us had trouble keeping track of what the Tea Party GOP wants in exchange for ending the government shutdown and raising the debt ceiling. But now it’s clear: What they’re really after are the same things they’ve wanted since 2010, […]

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PROGRAMMING NOTE: Team Eclectablog takes two shifts on Tony Trupiano’s radio show tonight

PROGRAMMING NOTE: Team Eclectablog takes two shifts on Tony Trupiano’s radio show tonight

Chris Savage — the man himself — and Amy Lynn Smith join ‘Night Shift with Tony Trupiano’ on Thursday night. A quick heads’ up that Chris and I will both be guests on ‘Night Shift with Tony Trupiano’ tonight, October 10. I’ll be on at 7:30ET to discuss my blog post from earlier this week, ‘I’m sick and tired of […]

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I’m sick and tired of being held hostage by GOP extremists

I’m sick and tired of being held hostage by GOP extremists

Think it’s wrong for a vocal minority to tell the rest of us how to live our lives? Me, too. I’ve had it. Enough is enough. Our country has been held hostage since the 2010 midterm elections by a vocal minority that somehow thinks if they scream loud enough, waving woefully misspelled signs and threatening their puppet-strung representatives with primary […]

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UPDATED: Today is the day House Republicans punch themselves in the face

UPDATED: Today is the day House Republicans punch themselves in the face

“Why won’t you compromise on our refusal to compromise?!” – House Republicans That’s gonna leave a mark So, this is hilarious. After five years of Republicans refusing to compromise on just about everything and doing all they could to impede any initiatives President Obama put forward, including their own, we get these sorts of comments from GOP leadership regarding his […]

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The GOP asks us to “Tell us what you REALLY think about Obamacare”. I did. You should, too.

The GOP asks us to “Tell us what you REALLY think about Obamacare”. I did. You should, too.

That was fun!

So, early today I received an email from the Republican National Committee titled “Tell us what you think about Obamacare”. In it was a link to a short survey. I clicked through and took their survey.

You should, too!

My answers and a link to the survey await you after the jump.

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GOP: Obamacare is evil. Except when it makes me look very, very good.

GOP: Obamacare is evil. Except when it makes me look very, very good.

GOPocrisy at it finest

Lee Fang has a great piece up at The Nation this week detailing new evidence of the unrelenting hypocrisy of Republican legislators on the Affordable Care Act. After spending four years demonizing it, many of them continue reap the political gains from the benefits it brings to their communities.

Click through for more.

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Republicans: “We lost because people were too dumb to understand our message”

Republicans: “We lost because people were too dumb to understand our message”

They just didn’t Twitter those jpegs to your Pinterest blogs with good enough email Facebooks

Republicans have thought long and hard and have figured out why they lost the election in 2012. Although you dumb bunnies may think that it was because of their desire to benefit the very rich at the expense of our nation’s most vulnerable or because of their egregious War on Women and War on Minorities, you would, of course, be wrong. The reason they lost, according the Republicans, is because you people just didn’t understand their message well enough.

See just how dumb you are after the jump.

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Michigan Republicans prove their hypocrisy on “small government” by passing 282 bills during lame duck session

Michigan Republicans prove their hypocrisy on “small government” by passing 282 bills during lame duck session

Inflamed duck, indeed I knew that Republicans had passed a lot of bills through the Michigan legislature during the lame inflamed duck session but I had absolutely no idea just completely batshit nuts they had gone until this morning. That’s when I read this headline at Michigan Radio: MICHIGAN GOVERNOR MAKING HIS WAY THROUGH 282 BILLS Michigan Gov. Rick Snyder […]

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Obama to Congressional Republicans: Go Cheney yourselves

Obama to Congressional Republicans: Go Cheney yourselves

John Boehner: between a tea bag and a hard place

John Boehner has been negotiating all week with President Obama and his staff to resolve the “fiscal speedbump” issue. President Obama took a step toward Speaker Boehner in the negotiations by allowing the Bush tax cuts to remain in place for incomes over $400,000/year (up from $250,000), making some cuts to entitlements to be named later and agreeing to a different way to calculate Social Security cost of living increases that would lower how much our seniors get in their monthly allocation by a smidgen — the so-called “chained CPI”.

In return, Boehner offered to extend the debt ceiling for two years and allow the Bush tax cuts to expire for income over $400,000.

This was, however, a bridge to far for his tea party leadership team, according to Ezra Klein at the Washington Post. So, he offered what he’s calling “Plan B” and the response from the White House was a resounding “screw you”.

Check it all out after the jump.

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Michigan Republicans move to consolidate their power & exploit their criminal 2010 gerrymandering

Michigan Republicans move to consolidate their power & exploit their criminal 2010 gerrymandering

Maintaining a permanent Republican majority the easy way

Yesterday, delegates to the Michigan Electoral College cast Michigan’s 16 votes for Barack Obama. The President won Michigan handily, beating Mitt Romney by nearly 10 points. However, Republicans still maintain control over our state legislature and hour Congressional caucus. How is this possible?

Gerrymandering.

Find out how Republicans are trying to exploit this by changing how we choose our president after the jump.

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