Obama calls US India partnership a defining one
President Obama hailed the United States and India as a defining partnership of the 21st century during a grand ceremony in New Delhi. He and First Lady Michelle Obama paid tribute at Raj Ghat, then prepared for talks with Prime Minister Singh and a parliament address on security, energy, and growth. The trip coincides with domestic political losses, prompting midcourse corrections and potential tax discussions with Republicans.
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New Delhi
Barack Obama
United States
India
Obama
Rashtrapati Bhavan
U.S
Michelle Obama
Raj Ghat
Mohandas Gandhi
Obamas
Manmoham Singh
Asia
Congress
Washington
Republican Party
Obama says health reform cost political price higher than expected
President Obama, in a CBS interview, said overhauling health care was more politically costly than he expected. He noted difficulty gaining Republican cooperation, warned against a prolonged high unemployment era, and stressed resilience despite discouragement about the economy. He remains hopeful about the rebound and credits decisive action over perfection.
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Washington
Barack Obama
CBS
60 Minutes
Obama
Mitt Romney
Massachusetts
Foreclosure Ties to Mortgage Modification Deals Drawn in CA
William and Esperanza Casco say a Chase trial mortgage modification lowered payments but led to foreclosure after they stayed current. The case shines a national pattern of lawsuits alleging banks failed to honor permanent mod terms under the government HAMP program, with borrowers losing homes when trial plans reset. Multiple federal suits accuse lenders of breach of contract as states report widespread recovery gaps.
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Jpmorgan Chase & Co
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Gary Kishner
Boston
Shennan Alexandra Kavanagh
Massachusetts
Bank of America Corp
Kavanagh
Bank of America
Shirley Norton
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