recovery mode

The road to recovery. (Kristen Artz/Mayor's Office)

Freezing Temperatures and Some 40,000 Homeless Create Latest Sandy Crisis

A storm from the tropics blew through town last week. It left wintry weather in its wake, along with a path of destruction that has left as many as 40,000 New Yorkers temporarily homeless. Half of them are expected to be unable to go home for weeks or months, assuming they even have homes to return to. Serious damage to heat and electrical infrastructure in apartment buildings and homes on the waterfront are among the most serious issues that have created a housing crisis for the city following Hurricane Sandy.

“Many of the fears we have is that with cold weather coming, we have to make sure people can stay warm,” Mayor Bloomberg said at an afternoon press briefing. “Among the hardest hit are the Rockaways and Staten Island. A lot of places aren’t gonna have electricity but are going to experience the cold. That is the next big problem for us.” Read More

Housing Crisis

Housing crisis? Piece of cake.

We Can All Breathe a Sigh of Relief: Mitt Romney Has a Plan to End the Housing Crisis

Is Mitt Romney really the man to solve the housing crisis? Well, consider this: Mr. Romney may not have ever struggled “to put food on the table” as folksy politicians are so fond of saying, but he has four houses. Four. So he knows a thing or two about home ownership. And, unlike some homeowners who took out mortgages and couldn’t pay them back, Mr. Romney is wealthy enough not to have to take out mortgages (although there’s a possibility that he did—the man does have the common touch, at times).

In any event, the Republican candidate has revealed his four-point plan while taking a few swings at Obama, like: “the dream of home ownership is out of reach for many Americans as a result of President Obama’s failed policies and stalled economy.” Read More

Vanity Projects

John Cusack, policy expert.

Say Anything: HuffPost Live Presents John Cusack’s Ramblings On The Mortgage Crisis

Hollywood actor John Cusack has developed some strong opinions on the mortgage crisis. He’s been doing some reading, even talking to a few experts, and is reasonably well-informed about a plan some California cities have to use eminent domain to seize troubled mortgages.

Those of you curious to hear what Lloyd Dobler thinks about a complex policy initiative can now satisfy that curiosity in a poorly-produced, 15-minute long video of John Cusack discussing these issues. Mr. Cusack shares his expertise during a painfully long HuffPost Live video, kicking off the first day of Huffington Post’s video news initiative in true Huffington Post fashion. Appearing via Google Hangouts, Mr. Cusack has a badly organized discussion with Arianna Huffington, segment host John Zepps, a random homeowner in California and John Vlahoplus, the guy who’s pitching the plan and the lone expert in the group. Read More