A Short Sale May Not Mean You're Home Free The Wall Street Journal Financially troubled borrowers may think that foreclosure or a short sale of their home means their mortgage woes are over. Not necessarily. Banks urge Senate to reject mortgage relief…(read more)
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“The only real mistake is the one from which we learn nothing.”
by John Powell

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Straits Times

Souter appears set to leave high court
Boston Globe - Peter S. CanellosMilton J. ValenciaLisa Wangsness
By Peter S. Canellos and Milton J. Valencia WASHINGTON – David Hackett Souter, the intensely private New Hampshire jurist who emerged on the Supreme Court as a crucial defender of abortion rights and the separation of church and state, is retiring from
Source: Liberal-leaning Justice Souter retiring The Associated Press
Supreme Court Justice David Souter plans to retire at end of term New York Daily News
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“Genius is a promontory jutting out of the infinite.”
by Victor Hugo

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Protesters disrupted several foreclosure auctions Tuesday on the Sacramento County Courthouse steps, winning a temporary cancellation of one and sending an unidentified auctioneer to the hospital with chest pains.
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“I believe, with abiding conviction, that this people-nurtured by their deep faith, tutored by their hard lessons, moved by their high aspirations-have the will to meet the trials that these times impose.”
by Lyndon B. Johnson

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A New Plan to Help Modify Second Mortgages The New York Times WASHINGTON — The Obama administration sought to expand its $50 billion plan to reduce home foreclosures, announcing a new program on Tuesday to help troubled homeowners modify second…(read more)
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“I am sure of this, that by going much alone a man will get more of a noble courage in thought and word than from all the wisdom that is in books.”
by Ralph Waldo Emerson

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FOXNews

Obama Calls First 100 Days a 'Good Start'
FOXNews
President Obama held the third prime-time press conference of his term after holding two other high-profile events, to mark the end of the opening phase of a presidency that has pressed an ambitious agenda even as it has been hit with mounting domestic
Video: Video Essay: The Sweep of Obama's 100 Days The Associated Press
Obama says he's 'not satisfied' yet CNN
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“What is a man profited, if he shall gain the whole world, and lose his own soul I suppose this depends somewhat upon the size of the soul. I think there are cases where the trade would do.”
by Josh Billings

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A large crowd of protesters disrupted several foreclosure auctions today on the Sacramento County Courthouse steps, winning temporary cancellation of one Sacramento foreclosure and sending an auctioneer to the hospital with chest pains.
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“Life is no brief candle to me. It is a sort of splendid torch which I have got a hold of for the moment, and I want to make it burn as brightly as possible before handing it on to future generations.”
by George Bernard Shaw

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HOUSTON – Federal officials say 100 agents, analysts and other personnel have arrived in Houston in an effort to stop the flow of firearms from the United States to drug cartels in Mexico.
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“No sensible decision can be made any longer without taking into account not only the world as it is, but the world as it will be. . .”
by Isaac Asimov

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Home Prices Fall, but Pace Stops Setting Records The Wall Street Journal U.S. home prices continued their multiyear slide in February, according to the S&P/Case-Shiller home-price indexes, but they did stop their 16-month streak of record declines…(read more)
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“Insist on yourself never imitate. Your own gift you can present every moment with the cumulative force of a whole life's cultivation but of the adopted talent of another you have only an extemporaneous half possession... Do that which is assigned to you, and you cannot hope too much or dare too much.”
by Ralph Waldo Emerson

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Los Angeles Times

Specter says he's switching from GOP to Democrats
Houston Chronicle
By DAVID ESPO AP Special Correspondent © 2009 AP WASHINGTON – Veteran Republican Sen. Arlen Specter of Pennsylvania abruptly switched parties Tuesday, a move intended to boost his re-election chances that also pushed Democrats within one seat of a
Video: Senator Arlen Specter on Switching Parties C-SPAN
Specter says Obama promised to campaign for him Washington Post
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“Welcome anything that comes to you, but do not long for anything else.”
by Andr Gide

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Families whose homes are in foreclosure are getting into even more trouble.
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“Every gun that is made, every warship launched, every rocket fired, signifies in the final sense a theft from those who hunger and are not fed, those who are cold and are not clothed.”
by Dwight D Eisenhower

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