Thursday, January 22, 2009

The Warm Afterglow


As we bask in the afterglow of the morning after, I thought another look at this post from last fall's Huffington Post would be interesting. Let's hope that all these hopes are borne out.



THE HUFFINGTON POST 
 
October 9, 2008 


Great presidents are made great by horrible circumstances combined with character, temperament and intelligence. Like firemen, cops, doctors or soldiers, presidents need a crisis to shine. 

Obama is one of the most intelligent presidential aspirants to ever step forward in American history. The likes of his intellectual capabilities have not been surpassed in public life since the Founding Fathers put pen to paper. His personal character is also solid gold. Take heart, America: we have the leader for our times. 
 
I say this as a white, former life-long Republican. I say this as the proud father of a Marine. I say this as just another American watching his pension evaporate along with the stock market! I speak as someone who knows it's time to forget party loyalty, ideology and pride and put the country first. I say this as someone happy to be called a fool for going out on a limb and declaring that, 1) Obama will win, and 2) he is going to be amongst the greatest of American presidents. 

Obama is our last best chance. He's worth laying it all on the line for. 

This is a man who in the age of greed took the high road of community service. This is the good father and husband. This is the humble servant. This is the patient teacher. This is the scholar statesman. This is the man of deep Christian faith. 

Good stories about Obama abound; from his personal relationship with his Secret Service agents (he invites them into his home to watch sports, and shoots hoops with them) to the story about how, more than twenty years ago, while standing in the check-in line at an airport, Obama paid a $100 baggage surcharge for a stranger who was broke and stuck. (Obama was virtually penniless himself in those days.) Years later after he became a senator, that stranger recognized Obama's picture and wrote to him to thank him. She received a kindly note back from the senator. (The story only surfaced because the person, who lives in Norway, told a local newspaper after Obama ran for the presidency. The paper published a photograph of this lady proudly displaying Senator Obama's letter.) 

Where many leaders are two-faced; publicly kindly but privately feared and/or hated by people closest to them, Obama is consistent  in the way he treats people, consistently kind and personally humble. He lives by the code that those who lead must serve. He believes that. He lives it. He lived it long before he was in the public eye. 

Obama puts service ahead of ideology. He also knows that to win politically you need to be tough. He can be. He has been. This is a man who does what works, rather than scoring ideological points. In other words he is the quintessential non-ideological pragmatic American. He will (thank God!) disappoint ideologues and purists of the left and the right. 

Obama has a reservoir of personal physical courage that is unmatched in presidential history. Why unmatched? Because as the first black contender for the presidency who will win, Obama, and all the rest of us, know that he is in great physical danger from the seemingly unlimited reserve of unhinged racial hatred, and just plain unhinged ignorant hatred, that swirls in the bowels of our wounded and sinful country. By stepping forward to lead, Obama has literally put his life on the line for all of us in a way no white candidate ever has had to do. (And we all know how dangerous the presidency has been even for white presidents.) 

Nice stories or even unparalleled courage isn't the only point. The greater point about Obama is that in the midst of our worldwide financial meltdown, an expanding (and losing) war in Afghanistan, trying to extricate our country from a wrong and stupidly mistaken ruinously expensive war in Iraq, our mounting and crushing national debt, awaiting the next (and inevitable) al Qaeda attack on our homeland, watching our schools decline to Third World levels of incompetence, facing a general loss of confidence in the government that has been exacerbated by the Republicans doing all they can to undermine our government's capabilities and programs... President Obama will take on the leadership of our country at a make or break time of historic proportions. He faces not one but dozens of crises, each big enough to define any presidency in better times. 

As luck, fate or divine grace would have it (depending on one's personal theology) Obama is blessedly, dare I say uniquely, well-suited to our dire circumstances. Obama is a person with hands-on community service experience, deep connections to top economic advisers from the renowned University of Chicago where he taught law, and a middle-class background that gives him an abiding knowledgeable empathy with the rest of us. As the son of a single mother, who has worked his way up with merit and brains, recipient of top-notch academic scholarships, the peer-selected editor of the Harvard Law Review and, in three giant political steps to state office, national office and now the presidency, Obama clearly has the wit and drive to lead. 

Obama is the sober voice of reason at a time of unreason. He is the fellow keeping his head while all around him are panicking. He is the healing presence at a time of national division and strife. He is also new enough to the political process so that he doesn't suffer from the terminally jaded cynicism, the seen-it-all-before syndrome afflicting most politicians in Washington. In that regard we Americans lucked out. It's as if having despaired of our political process we picked a name from the phone book to lead us and that person turned out to be the very man we needed. 
 
Obama brings a healing and uplifting spiritual quality to our politics at the very time when our worst enemy is fear. For eight years we've been ruled by a stunted fear-filled mediocrity of a little liar who has expanded his power on the basis of creating fear in others. Fearless Obama is the cure. He speaks a litany of hope rather than a litany of terror. 

As we have watched Obama respond in a quiet reasoned manner to crisis after crisis, in both the way he has responded after being attacked and lied about in the 2008 campaign season, to his reasoned response to our multiplying national crises, what we see is the spirit of a trusted family doctor with a great bedside manner. Obama is perfectly suited to hold our hand and lead us through some very tough times. The word panic is not in the Obama dictionary. 

America is fighting its "Armageddon" in one fearful heart at a time. A brilliant leader with the mild manner of an old-time matter-of-fact country doctor soothing a frightened child is just what we need. The fact that our "doctor" is a black man leading a hitherto white-ruled nation out of the mess of its own making is all the sweeter and raises the Obama story to that of moral allegory. 
 
Obama brings a moral clarity to his leadership reserved for those who have had to work for everything they've gotten and had to do twice as well as the person standing next to them because of the color of their skin. His experience of succeeding in spite of his color, social background and prejudice could have been embittering or one that fostered a spiritual rebirth of forgiveness and enlightenment. Obama radiates the calm inner peace of the spirit of forgiveness. 

Speaking as a believing Christian I see the hand of a merciful God in Obama's candidacy. The biblical metaphors abound. The stone the builder rejected is become the cornerstone... the last shall be first... he that would gain his life must first lose it... the meek shall inherit the earth... 

For my secular friends I'll allow that we may have just been extraordinarily lucky! Either way America wins. 

Only a brilliant man, with the spirit of a preacher and the humble heart of a kindly family doctor can lead us now. We are afraid, out of ideas, and worst of all out of hope. Obama is the cure. And we Americans have it in us to rise to the occasion. We will. We're about to enter one of the most frightening periods of American history. Our country has rarely faced more uncertainty. This is the time for greatness. We have a great leader. We must be a great people backing him, fighting for him, sacrificing for a cause greater than ourselves. 

A hundred years from now Obama's portrait will be placed next to that of George Washington, Abraham Lincoln and Franklin Roosevelt. Long before that we'll be telling our children and grandchildren that we stepped out in faith and voted for a young black man who stood up and led our country back from the brink of an abyss. We'll tell them about the power of love, faith and hope. We'll tell them about the power of creativity combined with humility and intellectual brilliance. We'll tell them that President Obama gave us the gift of regaining our faith in our country. We'll tell them that we all stood up and pitched in and won the day. We'll tell them that President Obama restored our standing in the world. We'll tell them that by the time he left office our schools were on the mend, our economy booming, that we'd become a nation filled with green energy alternatives and were leading the world away from dependence on carbon-based destruction. We'll tell them that because of President Obama's example and leadership the integrity of the family was restored, divorce rates went down, more fathers took responsibility for their children, and abortion rates fell dramatically as women, families and children were cared for through compassionate social programs that worked. We'll tell them about how the gap closed between the middle class and the super rich, how we won health care for all, how crime rates fell, how bad wars were brought to an honorable conclusion. We'll tell them that when we were attacked again by al Qaeda, how reason prevailed and the response was smart, tough, measured and effective, and our civil rights were protected even in times of crisis... 

We'll tell them that we were part of the inexplicably blessed miracle that happened to our country those many years ago in 2008 when a young black man was sent by God, fate or luck to save our country. We'll tell them that it's good to live in America where anything is possible. Yes we will. 

Frank Schaeffer is the author of CRAZY FOR GOD-How I Grew Up As One Of The Elect, Helped Found The Religious Right, And Lived To Take All (Or Almost All) Of It Back. Now in paperback.

Thursday, January 15, 2009

Illinois Properties with Foreclosure Activity up 55% in '08

Ill. properties with foreclosure activity up 55% in '08

See all News...

(AP) — The number of properties that faced foreclosure proceedings rose almost 55 percent in Illinois last year compared with 2007, a dismal result but better than the 81 percent increase for the country overall.

More than 2.3 million properties faced foreclosure proceedings last year, according to RealtyTrac, a foreclosure listing firm based in Irvine, Calif., which compiled the figures.

The worst is yet to come as consumers grapple with layoffs, shrinking investment portfolios and falling home prices.

In Illinois, 99,488 properties had at least one foreclosure-related filing last year, up almost 55 percent from 2007. RealtyTrac said 1.9 percent of the state’s housing units had a foreclosure filing in 2007, the ninth-highest rate in the country.

In the Chicago market, 77,226 properties, or 2.5 percent of the housing units, faced a foreclosure filing last year, up 53.4 percent from 2007, RealtyTrac said.

The Lake/Kenosha market saw 6,323 properties, or 2.5 percent, get at least one notice last year, an increase of 70.1 percent compared with 2007.

Nationwide, more than 860,000 properties were actually repossessed by lenders, more than double the 2007 level, according to RealtyTrac.

Moody's Economy.com, a research firm, predicts the number of homes lost to foreclosure is likely to rise by another 18 percent this year before tapering off slightly through 2011.

Still, foreclosures — which keep breaking records going back 30 years, according to the Mortgage Bankers Assn. — are likely to remain well above normal levels for years to come, and that will continue to keep home prices from rebounding.

"Hitting bottom is a lot different than coming off the bottom," said Christopher Thornberg, a principal with Beacon Economics in Los Angeles.

The RealtyTrac report comes as Democrats, including President-elect Barack Obama, develop plans to use up to $100 billion of the remaining $350 billion in financial bailout money in an attempt to prevent the foreclosure crisis from getting even worse.

The four states with the highest foreclosure rates last year were Nevada, Florida, Arizona and California.

More than 1.1 million properties in those four states received a foreclosure notice, almost half the national total. And more than one in five of those households were in California, which is coping with massive job losses in the housing and mortgage industries as well as a rapid decline in home prices.

Among metro areas, Stockton, Calif., was first, with 9.5 percent of all housing units receiving a foreclosure filing last year. It was followed by Las Vegas, Riverside and Bakersfield, Calif., and Phoenix.

In December, more than 303,000 properties nationwide received at least one foreclosure notice, up more than 40 percent from a year earlier and up 17 percent from November, according to RealtyTrac.

Nearly 79,000 properties were repossessed by lenders in December, a 61 percent increase over a year ago.

New state laws, particularly in California, Massachusetts and Maryland, that required giving homeowners advance notice of foreclosure proceedings, reduced filings in several states. But the effect of those laws has worn off, and lenders appear to be going ahead with foreclosure, rather than trying to modify loans.

"If all you're doing is basically giving a stay of execution, then the inevitable will follow," said Rick Sharga, RealtyTrac's vice-president for marketing.

Foreclosures would have been about 10 percent higher in California last year, Sharga said, if it were not for a law requiring lenders to give borrowers a 30-day warning before starting the foreclosure process.

Meanwhile, the president of the Federal Reserve Bank of Philadelphia said Wednesday he expects the economy to slowly start recovering in the second half of 2009 and inflation to remain below 2 percent over the next year.

In a speech at the University of Delaware, Charles Plosser also said the unemployment rate probably won't drop anytime soon, but that he doesn't expect it to rise to double digits, as it did during the recession of the early 1980s.

"I expect the housing sector will finally hit bottom in 2009 and the financial markets will gradually return to some semblance of normalcy," said Plosser, adding that the current recession could be one of the longest in the post-World War II era.

Tuesday, January 13, 2009

Senate Democrats clear Burris as Obama's successor

http://news.yahoo.com/s/ap/20090113/ap_on_go_co/senate_burris

Senate Democrats clear Burris as Obama's successor

By LIZ SIDOTI, Associated Press Writer Liz Sidoti, Associated Press Writer – 1 hr 15 mins ago

WASHINGTON – Eager to put the scandal-tainted standoff behind them, Senate Democrats accepted Roland Burris as President-elect Barack Obama's Senate successor on Monday and said they expect to swear in the new Illinois senator this week. "He is now the senator-designate from Illinois and, as such, will be accorded all the rights and privileges of a senator-elect," Senate Majority Leader Harry Reid and Sen. Dick Durbin of Illinois said in a joint statement.

At a news conference in Chicago, Burris called himself honored and humbled to be the state's next junior senator. "I'm thankful for the opportunity to serve," he said and added: "I recognize that my appointment triggered a challenging time for many."

Monday's development prevented the impasse that has plagued Democrats from dragging on into Obama's inauguration festivities that begin this weekend, and it capped a grudging, gradual retreat by the Senate's top Democrats.

Initially they had tried to dissuade Illinois Gov. Rod Blagojevich, who faces a state Senate impeachment trial, from making an appointment and suggested that his pick would not be seated. Last week, Burris' credentials were rejected by Senate Democrats in a circus-like atmosphere that tarnished the opening day festivities of the new Congress.

But Reid and Durbin said they now anticipate that Burris, a former Illinois attorney general, will be seated this week, barring objections from Republicans.

They made the announcement after Burris' lawyers delivered to the Capitol documents certifying his appointment to Obama's seat, and the secretary of the Senate determined that the paperwork met Senate requirements.

While a victory for Burris, the move is a major reversal for Senate Democrats.

They initially indicated they would refuse to seat Burris and objected to the appointment by Blagojevich, who is accused by federal investigators of seeking to trade the Senate seat for personal favors.

Senators feared that any appointee would be tainted.

Even though Burris does not stand accused of wrongdoing, Senate Democrats rejected Burris last week only to quickly backpedal after Obama himself privately weighed in and senators fretted that the situation was diverting their focus at a critical time.

Indeed, much to the chagrin of Democrats who expanded their House and Senate majorities in the November elections and won the White House, the standoff stretched into the new Congress' second week in session and has served as a distraction for Democrats trying to tackle an ambitious agenda.

It includes weighty tasks like holding confirmation hearings for Obama's new Cabinet while negotiating both the second installment of last fall's $700 billion financial bailout package and the president-elect's mammoth new spending plan aimed at jolting the economy.

Senate Democratic angst over seating Burris softened last week as the Burris appointment took on the feeling of a political sideshow.

Under pressure from Obama and rank-and-file Democrats to resolve the dispute, Reid said a "number of efforts" would be undertaken, including sending the matter to the Senate Rules Committee. He also said that "without any question" the entire Senate would vote on whether or not to seat Burris after Senate lawyers reviewed necessary documents and Burris' testimony in the Illinois House that he had promised Blagojevich nothing in exchange for the seat.

But Reid spokesman Jim Manley said Monday that Reid doesn't intend to have the Rules Committee review Burris' appointment, and that the Senate will vote on the appointment by unanimous consent unless there is an objection that would trigger a roll call vote.

From Illinois to Washington, Republicans assailed Senate Democrats for how they handled the issue.

Sen. John Cornyn of Texas, who is leading the Senate GOP's election efforts, accused them of "arrogant mismanagement" and said: "This entire situation has been a national embarrassment that could have been avoided." He pledged to make winning the Illinois Senate seat a top priority for Republicans in 2010.

Illinois Republican Party Chairman Andy McKenna added: "Democrats chose to trust a madman over the people of Illinois" by seating Burris instead of blocking Blagojevich's appointment and holding a special election.

The Illinois Supreme Court ruled last week that under state law, Burris' appointment paperwork was valid and that it was up to the Senate to decide whether to seat him. But Reid and other Democrats had contended that it violated Senate rules unless the appointment was signed by both the governor and the Illinois secretary of state.

After lawyers for Burris and the Senate met for under an hour in the Capitol to review the documents, Reid and Durbin issued the statement that they were satisfied both with the documents and with Burris' testimony before the impeachment panel that he did nothing wrong.

___

Associated Press writer Deanna Bellandi in Chicago contributed to this report.