"ThinkFast: June 13, 2008"
“The number of U.S. homeowners swept up in the housing crisis rose further last month, with foreclosure filings up nearly 50 percent compared with a year earlier,” reports the foreclosure listing company RealtyTrac Inc. “One in every 483 U.S. households received a foreclosure filing in May, the highest number since RealtyTrac started the report in 2005 and the second-straight monthly record.”
Attorney General Michael Mukasey today said that he is “disappointed” by the Supreme Court’s ruling on habeas corpus. Although the decision is expected to “unleash a torrent of court filings from detainees seeking their freedom,” Mukasey said that they won’t “concern military commission trials, which will continue to proceed.”
The Washington Post writes that after yesterday’s Supreme Court ruling, the Bush administration’s strategy for detainees is now in “disarray.” It “almost certainly [leaves] to Bush’s successor and the next Congress the dilemma of what to do with the Guantanamo Bay detainees.”
Iraqi Prime Minister Nouri al-Maliki is saying that “talks with the United States on a longterm security agreement have reached a ‘dead end’” because the U.S. proposals “do not take into consideration Iraq’s sovereignty.”
On the trail today: Sen. Barack Obama (D-IL) will be in Columbus, Ohio for “an invitation-only meeting with seniors” as part of his “Change That Works for You” tour. Sen. John McCain (R-AZ) is hosting a town hall meeting at Burlington County College in Pemberton, NJ, where he is “expected to field questions from voters on the economy, energy prices and the war in Iraq.”
A new survey by the American Bar Association finds that almost half of U.S. mortgage borrowers now “worry about being able to make the payments and keep their homes.” Seventy-three percent also said that they “changed their purchasing habits because of the economy,” including by “buying less, paying for more purchases in full,” and using credit cards less frequently.
A new Quinnipiac poll finds that “New York State voters support 53 – 40 percent Gov. David Paterson’s order to state agencies to recognize same-sex marriages performed outside New York.”
The House yesterday “approved extended jobless benefits for the long-term unemployed” by a veto-proof margin of 274-137. On Wednesday, conservatives had blocked the bill, which would “much-needed relief to 3.8 million unemployed workers to assist them with rapidly rising gas and food costs.”
Exxon Mobil is getting out of the gas pump business and plans to sell the 2,220 service stations it owns in the United States. The Dallas Morning News reports, “With rising gasoline prices and stiff competition from hypermart and grocery store stations, service-station profit margins are dismal, nearly nonexistent.”
And finally: For Father’s Day, Sen. Larry Craig (R-ID) publicly thanks his children for sticking with him after his airport sex bust. In a message posted on his Senate site, Craig writes that “nothing affected me as emotionally as my children’s love and loyalty during the dark days of last August.” He’s especially thankful for their “correcting the record” against “unspeakable accusations” against him.
What did we miss? Let us know in the comments section.