Shale Gas Export Boom: Planned All Along?

By: Friday May 4, 2012 2:53 pm

Cross-Posted From Nation of Change The race is on, full-steam ahead for the United States shale gas industry [PDF] in its quest to pipe and export gas obtained via the hydraulic fracturing process to lucrative global markets. On April 16, Cheniere Energy Inc. became the first corporation in the United States to receive approval by the Federal Energy [...]

ALEC Wasn’t First Industry Trojan Horse Behind Sham Fracking Disclosure Bill – Enter CSG

By: Wednesday May 2, 2012 1:51 pm

Cross-Posted from DeSmogBlog 19th Century German statesman Otto von Bismarck once said, “If you like laws and sausages, you should never watch either one being made.” The American Legislative Exchange Council (ALEC), put on the map by the Center for Media and Democracy in its “ALEC Exposed” project, is the archetype of von Bismarck’s truism. So too are the fracking [...]

$80.35 Million in Foreclosure Fraud Settlement Funds Now Getting Redirected to State Budgets

By: Thursday February 23, 2012 8:55 am

I’m trying to keep a running tally of the direct funds to states from the foreclosure fraud settlement that will get diverted to General Funds to fill budget holes. When we last left this story, Maine had decided to send $5.7 million to the general fund, joining Missouri’s $40 million and Wisconsin’s $26 million. So [...]

Silly Maryland-Virginia Analysis Reflective of Propaganda Campaign Against Judicial Foreclosure Laws

By: Thursday February 16, 2012 12:23 pm

Tom Lawler is a housing consultant and former chief economist for Fannie Mae who is often quoted on the site Calculated Risk. But he appears to have lent his credibility to a really bad article at Bloomberg that tries to extrapolate data from Virginia and Maryland to make the argument that foreclosure laws in certain [...]

Where the Proposed Foreclosure Fraud Settlement Falls Short

By: Tuesday March 8, 2011 6:00 am

You may know by now that American Banker has uncovered the 27-page term sheet that could form part of a global settlement between state and federal regulators and mortgage servicers. The term sheet describes a host of actions to which the servicers would have to conform, most of which reflect current law with a couple [...]

Maryland: Judiciary Committee in House of Delegates Passes Gay Marriage Bill

By: Friday March 4, 2011 1:27 pm

Earlier this week, co-sponsors of a bill that would bring marriage equality to Maryland started backing away, threatening the chances for the bill in the House of Delegates (it has already passed the Senate). In particular, Sam Arora, who received generous support from the LGBT community in Maryland, backtracked on the bill. After being hammered [...]

Maryland Co-Sponsors of Gay Marriage Bill Flipping Sides

By: Thursday March 3, 2011 10:50 am

Maryland appeared poised to be the 6th state in America to pass a law allowing same-sex couples to marry. It passed the State Senate, which according to people I read was the biggest hurdle. The Governor, Martin O’Malley, promised to sign it. A quick trip through the House of Delegates, and marriage equality would be [...]

10,000 GMAC Foreclosures Stopped in Maryland

By: Sunday January 16, 2011 7:00 am

In a major ruling Friday, a coalition of nonprofit defense lawyers and consumer protection advocates in Maryland successfully got over 10,000 foreclosure cases managed by GMAC Mortgage tossed out, because affidavits in the cases were signed by Jeffrey Stephan, the infamous GMAC “robo-signer” who attested to the authenticity of foreclosure documents without any knowledge about [...]

Not Buying the “Don’t Worry About Mortgage Fraud” Narrative

By: Wednesday October 20, 2010 1:16 pm

Ezra Klein talked to elites, and they told him not to worry about the mortgage bond scandal (or, presumably, the foreclosure fraud scandal), and he passes that along. Felix Salmon pretty violently disagrees. I would only add that one of Klein’s scenarios, that it’s a catastrophe requiring government to step in, is a pretty big [...]

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