Daily Archives: September 23, 2011

Pallone Announces Free Foreclosure Assistance Event

Face-to-Face Counseling with Mortgage Companies and Housing Counselors Available for At-Risk New Jersey & New York Homeowners

Long Branch, NJ — Congressman Pallone, Jr. Friday announced a free Help for Homeowners community event, sponsored by the Obama Administration’s Making Home Affordable Program, HOPE NOW Alliance and NeighborWorks® America. The event will be held in Secaucus for all homeowners who may be at risk of foreclosure. The event is free, open to the public and provides a chance for homeowners to meet face-to-face with their mortgage company and a HUD-approved counseling agency to work on a solution to help them stay in their home.

New Jersey homeowners who are behind on their mortgage or may be at risk of foreclosure
Free Help for Homeowners Community Event
Tuesday, September 27, 2011
11:00am -7:30pm
Meadowlands Exposition Center
355 Plaza Drive
Secaucus, NJ 07094

For more information, go to http://www.MakingHomeAffordable.gov.

NOTE: Out of concern for borrower privacy, media access is limited at this event. All members of the media are required to register at the Media Registration table upon arrival. Press and cameras will only be allowed in designated areas. Industry and sponsoring officials may be available for interviews.

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Filed under Congressman Frank Pallone, free event, HOPE NOW, mortgage foreclosures

Associated Press NFL Week 3 Preview

From: AssociatedPress

AP Pro Football Writer Barry Wilner previews three top games this week in the NFL, including a meeting of undefeated teams as Buffalo takes on New England. Redskins visit the Cowboys and the Panthers tangle with the Jaguars.

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Filed under Associated Press, Buffalo Bills, Carolina Panthers, Dallas Cowboys, Football, Jacksonville Jaguars, New England Patriots, NFL Preview, Washington Redskins

Robert Reich Debunks 6 Big GOP Lies About The Economy

Is Social Security a Ponzi scheme as Republican Presidential candidate Rick Perry claims? Noted author and former U.S. Labor Secretary Robert Reich debunks that claim and five other lies the right-wing tells about taxes, government and the economy.

The lies Reich debunks:
1) Tax cuts to the rich and corporations trickle down to the rest of us. (No it doesn’t and it never has.)

2) If you shrink government you create jobs. (No, you get rid of jobs that way.)

3) High taxes on the rich hurts the economy. (No, the economy grew when the US did this under Eisenhower.)

4) Debt is to be avoided and it is mostly caused by Medicare. (No, if debt is properly used to grow the economy, it becomes a smaller part of the budget because of increased revenue and Medicare has the lowest overhead of any health insurance plan out there.)

5) Social Security is a Ponzi scheme (No, its solid for 26 years. Social Security is solid beyond that if the rich pay the same percentage in social security taxes as the rest of us do.)

6) We need to tax the poor. (This is what Republicans have been proposing when they say any “tax reform” needs to involve all Americans because poor people pay no income tax. The poor have no money and taxing them will not solve our budget problems.)

Reich was speaking at the “Summit For A Fair Economy” in Minneapolis, Minnesota on September 10, 2011.

Posted on Youtube by UpTakeVideo

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Filed under economy, GOP lies, Robert Reich, Social Security, Summit For a Fair Economy, YouTube

As A Matter Of Fact…The importance of Social Security

September 22nd, 2011 | Published in NJPP Blog: As a Matter of Fact

By Mary Forsberg

Social Security is an American mainstay, as much a part of our culture as baseball, hot dogs and apple pie. Established in 1935, it now provides benefits to over 50 million people, about one in every six U. S. citizens. While three-quarters of those receiving benefits are retirees or elderly widow(er)s, 19 percent receive disability insurance payments and 4 percent receive benefits as minor children of parents who have died.

Social Security provides a guaranteed, progressive benefit that keeps with increases in the cost of living. By dollars paid, the U. S. Social Security program is said to be the largest government program in the world. It provides a foundation of retirement protection for nearly every American and its benefits are not means-tested. The near universal participation and the absence of means-testing make Social Security much less expensive (its administrative costs amount to just 0.9 percent of annual benefits) to administer than private retirement annuities.

Debate in Washington about how to reduce the growing federal deficit often turns to reducing social security eligibility and /or benefits. A recent report from Social Security Works and the Strengthen Social Security campaign supports the importance of Social Security to families, communities and state and local economies.

Did you know in New Jersey:

• Social Security provides benefits to more than 1.4 million people.
• Residents receive Social Security benefits totaling nearly $20 million a year
• The median benefit received by a retired worker is about $15,500 a year.
• Social Security is the most important source of income for the 171,400 children living in “grandfamilies,” households headed by a grandparent or other relative.
• Social Security provides valuable disability and life insurance protection for most workers. Nationwide, an estimated 3 of 10 working-aged men and 1 of 4 working-aged women will become severely disabled before reaching retirement age.
• A 30-year-old-worker who earns about $30,000 a year and has a spouse and two young children, receives Social Security insurance protection equal to private disability and life insurance policies worth $465,000 and $476,000 respectively.

Social security has been one of the most important public programs for working family in America since the great depression and clearly provides a measure of security for the elderly, the orphaned and the disabled.

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Filed under As a Matter of Fact, blog, New Jersey Policy Perspective, Social Security

Princess Says, Raiders Over The Jets This Week

After starting the 2001 NFL season off with a perfect 2-0 record pick record, this week Princess the Camel is picking the underdog Oakland Raiders to beat the NY Jets in their match-up out west this weekend.

When questioned by her handler John, as to why Princess decided to go out on a limb and make what would seems to be a reach in picking the Raiders this weekend Princess responded, “Hey, John, I’m pretty good at making a long stretch… Besides, what did you say earlier? “On any given Sunday”!!”

Is this a good pick by Princess; should we bet the house on it?

What do you think? I happen to agree, the Raiders are playing some good ball so far this season and I think they could surprise the Jets and pull this one off.

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Filed under NFL picks, NY Jets, Oakland Raiders, Popcorn Park Zoo, Princess the Camel