5 results for search: The Greyson Nation


County governments want eminent domain to refinance mortgages

Governments in Chicago, San Bernardino, CA, and Suffolk County, NY plan to use eminent domain powers to provide mortgage relief. Created by Mortgage Resolution Partners, the plan being considered would allow local government to seize mortgages on homes of underwater borrowers using eminent domain laws. The bank holding the mortgage would then receive current fair market value on the mortgage, as opposed to the amount owed by the homeowner. Gregory Devereaux, administrator for San Bernardino County is considering the program, saying, "Federal programs have not been very successful at all and private programs have been of limited help." The local ...

Party conventions on public dime need to end, says Campbell

The conventions for the Republican and Democratic parties are fast approaching. Should taxpayer dollars are used to fund them? On your tax forms, there is an option to donate $3 out of the tax paid to the government. The funds are dedicated towards public campaign financing. It's available for candidates who meet certain criteria but can also be used to fund party conventions. The events that receive government money may only collect donations for some administrative expenses. Rep. Tom Cole (R-OK), Sen. Tom Coburn (R-OK) and over 30 other co-sponsors, including Rep. John Campbell (R-CA) believe that these funds should not be used to pay for ...

Who’s freezing your raise?

If you’re part of a union, the collective bargaining agreement may be tying your employer’s hands. Have you ever wondered why the guy in the cubicle next door gets paid the same as you for lower quality work? According to James Sherk of The Heritage Foundation, collective bargaining agreements were originally designed to keep employers from paying too little to their employees, not from paying more to better performing ones. But, he claims, the agreements often contain provisions that prevent employers from giving individual workers increases in pay. The Rewarding Achievement and Incentivizing Successful Employees Act (RAISE Act) was ...

Alternative to Obama infrastructure spending proposed

President Obama has frequently stated that a major part of his plans to stimulate the economy would be development of infrastructure, like roads, train tracks and utilities facilities. His American Recovery and Reinvestment Act included $105.3 billion in infrastructure spending. Republicans argue that these projects do not deliver as many jobs as promised and unnecessarily add to the deficit. Right now, the most common option used to fund these projects using private investors is issuing bonds. Rep. John Campbell’s (R-CA) bill, HR 4001, would give private individuals and businesses the option of buying into publicly traded partnerships that ...

SOPA Opponents Unveil Alternative

There has been significant controversy over online copyright protection and laws to protect the rights of copyright owners on the internet. Rep. Lamar Smith (R-TX) proposed the Stop Online Piracy Act, which was supported by the entertainment industry and decried by Internet companies like Google, Facebook, web host 1&1 and even the sports media company SB Nation. Online encyclopedia even blocked access to its website on Wednesday to show their opposition. The law would allow the US Department of Justice to shut down an entire website and freeze the assets of the company that owns the website if a complaint of copyright infringement is filed. The ...