Bankrate.com


Here are stories published today.
Home equity loan rates for Jan. 6, 2011 | 2011-01-07
Here are the average home equity rates from Bankrate’s weekly survey of large banks and thrifts.
Auto loan rates for Jan. 6, 2010 | 2011-01-07
Here are the average auto loan rates from Bankrate’s weekly survey of large banks and thrifts.
Credit card interest rates for Jan. 6, 2011 | 2011-01-07
Here are the average credit card rates from Bankrate’s weekly survey of large banks and thrifts.
National mortgage rates for Jan. 6, 2011 | 2011-01-07
See rates from our survey of CDs, mortgages, home equity products, auto loans and credit cards.
CD rates for Jan. 6, 2011 | 2011-01-07
Here are the average CD rates from Bankrate’s weekly survey of large banks and thrifts.
10 moves to make in bankruptcy in 2011 | 2011-01-07
As the economy sags, bankruptcy may be an option for you. Here’s how to take advantage of filing.

your health care


Progressive Change Campaign Committee

Good grief. The new House Republican majority has already announced that they will vote to repeal last year’s health care bill. And the vote will happen next week!

Democrats want to offer amendments to save the most popular parts of that bill — keeping kids on their parents’ health care until age 26, ending discrimination against pre-existing conditions, and filling in the prescription drug “doughnut hole” that forces seniors to pay thousands.

But the Tea Party says they won’t allow any amendments — even to protect popular reforms that save lives.

If you or someone you love would be impacted if the reforms listed above were repealed, can you click here to tell us your story?

Yesterday, Adam and I, plus our Capitol Hill director Shaunna Thomas, talked to several Democratic members of Congress — and they are eager to highlight the real stories of people who would be impacted if Republicans had their way. So we’ll share your stories with them.

The House bill will go nowhere in the Democratic Senate, but next week’s debate is a valuable opportunity to show America just how crazy the Tea Party zealots are — and to show Democrats how to start swinging from day one.

If repealing the reforms listed above would impact you, please share your story here.

Please pass this email to others you know who would be impacted by Republican proposals. And thanks for being a bold progressive.

Stephanie

P.S. A recent Associated Press poll showed that by 2 to 1, Americans think last year’s health care law didn’t go far enough — as opposed to thinking it was too much government. So this year, we’ll be pushing Democrats to give Americans a government-run, public, “affordable health insurance option.” But the best way to encourage Democrats to play offense in the future is to help them play good defense next week. That’s where your health care stories come in — click here to tell us yours.

National Security: Cutting The Defense Budget?


One potential area for bipartisan action in the new Congress may be cutting the massively bloated Pentagon budget, which has risen to $540 billion annually and more than $700 billion if you include spending on Iraq and Afghanistan. Total defense spending in real terms is  higher than at any point since World War II. Secretary of Defense Robert Gates yesterday announced a series of efficiency proposals to reduce waste in defense spending and to cut the projected Pentagon budget by $78 billion over the next five years. While these proposals represent a good start in constraining the runaway spending that accrued during the Bush administration, the cuts will result only in a decline in the rate of growth in the Pentagon’s budget, not in absolute dollars. In other words, Gates was allowed to shift money around, and was not forced to actually cut the budget. As a result under this proposal,  the Pentagon’s budget will be bigger in five years than it is now. This is not real fiscal restraint. To adequately address the problem of out-of-control defense spending and a growing deficit, not only are more defense cuts needed, but the U.S. must also re-balance its foreign policy and defense priorities. This means taking a hard look at the utility of continuing combat operations in Afghanistan, eliminating white elephant weapons programs, and looking for ways to make the Pentagon bureaucracy more efficient. Reducing Pentagon spending is possible, since it is advocated not just by progressives, but by  Tea Party conservatives and now the House Republican leadership.

WHITE ELEPHANTS:  Yesterday, Gates insisted that “we must come to realize that  not every defense program is necessary, not every defense dollar is sacred or well-spent, and more of everything is simply not sustainable.” He said the Pentagon would cut the over-budget Expeditionary Fighting Vehicle, an amphibious assault vehicle designed to storm beaches and a program the Center for American Progress has  advocated cutting for years. Gates also put the Marine Corps variant of the F-35 on “probation,” due to cost overruns and poor performance. Yet there are many other unnecessary and costly weapons programs in the Pentagon. The Marine Corps’ V-22 Osprey is a program with a  confused tactical purpose and has been plagued with technical problems. The U.S. nuclear arsenal remains ridiculously large and costs $50 billion a year to maintain. As ret. Gen. Colin Powell noted, these weapons are militarily “useless.” There is also no need to spend $85 billion on modernizing our nuclear arsenal when a panel of nuclear scientists said the stockpile was in fine shape. The Pentagon also continues to spend nearly $10 billion per year on missile defense, much of that directed to the ground-based missile defense system, which just  failed another significant test. A recent report from Lawrence Korb and Laura Conley of the Center for American Progress outlined additional ways to significantly and responsibly reduce Pentagon spending, noting that “we can afford to make cuts,” the “global security environment has changed,” and “technological advances” can lead to greater efficiency.

THINK STRATEGICALLY:  A critical question when approaching the defense budget is whether we are  pursuing the right missions and whether we have the right composition of forces to address challenges of the 21st Century. In this vein, Gates yesterday recommended moving to a smaller ground force and advocated future reductions to overall troop levels for the Army and Marines. However, the U.S. must also think about the types of missions it is currently pursuing. War is incredibly expensive and the U.S. is currently spending  more than $100 billion per year on combat operations in Afghanistan. During the Bush years, when the housing bubble fueled a mirage of endless prosperity, perhaps the financial costs of such operations failed to raise significant concern. But economic times have changed and it is increasingly hard to justify this expenditure when a U.S. military commander compares the Afghan war to a “‘Tom and Jerry’ cartoon which never ends. … The only difference is the cartoon does not claim lives, but here we lose men every day.” Last year was the deadliest year yet for U.S. forces in Afghanistan and new polling shows that the American people overwhelmingly favor withdrawal. Furthermore, U.S. force deployments abroad are increasingly anachronistic and continue more out of habit than strategic need. The large force deployments in Europe remain unnecessary particularly at a time when Europe is increasingly slashing the size of its defense forces. Reducing our footprint abroad could save billions.

BIPARTISAN SUPPORT:  Importantly, calls for reductions in the defense budget are no longer just coming from one side of the partisan divide. More and more Republicans, spurred by the Tea Party’s demand for spending cuts, have said they favor cuts to the military. Speaker John Boehner (R-OH) said in interview last night, “I believe there’s room, to find savings in the Department of Defense ” — a statement that was also echoed by  House Majority Leader Eric Cantor (R-VA). In the Senate, Tom Coburn (R-OK) noted that “Taking defense spending off the table is indefensible . We need to protect our nation, not the Pentagon’s sacred cows.” Sen. Johnny Isakson (R-GA) said that reducing the deficit “begins with the Department of Defense.” Sen. Bob Corker (TN) said defense cuts have to be “on the table” because there’s “a lot of waste there .” Perhaps the most outspoken advocate for defense cuts in the Senate is Tea Party “darling” Sen. Rand Paul (KY), who has said that cutting defense spending “has to be on the table.” This has prompted budget expert Gordon Adams of the Stimson Center to conclude that “I think the floor under defense spending has now gone soft.”

Re: re: Curing lesbianism with rape?


Change.org

Breakthrough on “corrective rape” in South Africa! Keep up the pressure 

Sign the Petition

With the phenomenal support of 107,053 people from 163 countries — the most popular campaign ever launched on Change.org — a tiny group of lesbian activists in South Africa just scored a major victory, taking  “corrective rape” from an unspoken epidemic to a national discussion. Now we need your signature to reach 150,000 and crank up the heat on the South African government.

This is only the beginning. From Brazil, China, and India to South Africa, Zambia, and Zimbabwe, Change.org members are fighting this national epidemic in which men rape lesbian women to “turn” them straight or “cure” them of their sexual orientation.

It’s a powerful story of what our community can accomplish together:
Survivors of corrective rape and their allies launched a Change.org petition while hiding in a safehouse in Cape Town. Change.org members rallied to their cause, and now the media are amping up public pressure as well.

International news sources are highlighting the 107,053 petition signatures to legitimize the cause of these lesbian activists and expose these atrocities to the world. And in South Africa, the nation’s most popular radio station and the Sowetan, Cape Town’s largest newspaper, have turned this into a story dominating the national debate.

This is a pivotal moment. To reach our new goal of 150,000 petition signers in the next 48 hours, we need your signature now. If you have not added your name to this groundbreaking “corrective rape” campaign, please click here now to sign.

So far, the only response by South Africa’s Minister of Justice Jeffrey Radebe has been to complain about the volume of Change.org emails flooding his ministry’s inbox. It’s time for Radebe to instead focus his attention on helping the victims of “corrective rape.”

If you agree, please take one minute to add your name to this critical petition — and force Radebe and the South African government to take action now:

http://change.org/petitions/view/south_africa_declare_corrective_rape_a_hate-crime?alert_id=RNPGdznstI_XrCJUCGTHW&me=aa

Thank you so much for standing up to “corrective rape” and supporting our friends at Luleki Sizwe, the group that started this historic campaign. As they wrote to us today:

“We’re so BLESSED to be part of a community like Change.org that fights together. Thank you for standing with us! When any Change.org member starts a campaign, WE will stand with them!”

It’s remarkable what we can do when we stand together. Keep up the fight.

— Patrick and the Change.org team

P.S. In the days and weeks to come, we’ll keep fighting on this campaign and hundreds of others, from women’s rights and gay rights to animal protection and environmental issues. To keep up to date on the “corrective rape” campaign, just follow us on Facebook at: http://www.facebook.com/humanrights.change.org

a message from OFA


Organizing for America

House Republicans are moving forward to repeal all provisions of health reform, with a final vote scheduled for next week.

If they get their way, insurance companies will once again have the right to deny coverage to people with pre-existing conditions, drop or limit coverage if you become sick, and charge women higher premiums than men. Seniors will lose critical prescription drug savings and free preventive care under Medicare.

It’s sad but not surprising.

The motivations here have little to do with good policy. Repeal is just the first agenda item of a new Republican majority that is much more interested in appeasing their right-wing base and looking out for special interests than working together to create jobs and grow the economy.

Behind the scenes, insurance-industry lobbyists are working overtime with Republicans to take us back to the days when their clients were able to do whatever they wanted.

But this movement is different. We don’t take our cues from special interests or lobbyists, and we never will. We don’t take their money either, relying solely on support from folks like you — and it only makes us stronger.

Right now, Organizing for America is putting together a team of dedicated organizers and volunteers to defend our progress, stop repeal, and expose the Republican plan for what it really is.

Will you donate $5 or more to help protect our progress — and stop the repeal of health insurance reform?

We fought to pass the Affordable Care Act because it was the right thing to do.

Its provisions are fair, reduce the deficit by more than $230 billion over the next 10 years, cut costs, and protect all Americans from the worst insurance industry abuses. The law is already making a difference in people’s lives.

Among other provisions, the Affordable Care Act:

— Prevents insurers from raising premiums by double digits with no recourse or accountability;
— Requires insurers to spend 80 to 85 percent of premium dollars on health care, not CEO bonuses — and if they don’t, they have to provide you a rebate;
— Frees families from the fear of losing their insurance, or having it capped unexpectedly, after an injury or illness; and
— Prohibits insurance companies from discriminating against pregnant women or denying coverage to children born with disabilities.

The Republican alternative at this point consists of a two-page addendum to the two-page repeal bill. It’s a plan to make a plan to have a plan.

Even without a coherent proposal, they won’t have trouble raising money to drum up support for repeal. Republicans’ close relationship with entrenched interests has benefited them in campaigns that did not begin — and will not end — with health reform.

But we’re fighting back with everything we’ve got — building a large-scale, grassroots effort to stop this repeal and protect our progress. Your support will fund the organizing that generates calls to Congress, neighborhood canvasses, and letters in our local papers.

Together, we’ll make sure our message is heard and understood: We stand by health reform and will not tolerate attempts to put insurance companies back in charge.

Donate $5 or more to fight repeal and protect our progress:

https://donate.barackobama.com/NoRepeal

Thanks,

Yohannes

Yohannes Abraham
Political Director
Organizing for America