Earlier this month, Bank of America (BOA), the country’s largest bank, announced a moratorium on foreclosures in all 50 states.

Former President Bill Clinton — a favorite both in Israel, and amongst pro-Israel supporters here in the US — recently made an abrupt shift in his public statements on Israel, breaking completely from the dominant ‘neo-conservative, inner-beltway’ narrative on US foreign policy in the Middle East.

The drilling moratorium and further proposed energy policy changes are off track and harmful to our fragile economy. Politicians and experts stepping up to show error of over reaction.

Via Climate Progress/The Wonk Room: “…Sen. Jay Rockefeller (D-WV) is promoting a two-year moratorium on EPA climate action.” He has support from other Senate Democrats.

In the absence of any evidence of overwhelmingly bad lawyering by the Government’s attorneys, you have to wonder how any competent court could conclude that there isn’t a compelling case for stopping all offshore drilling. This is as close to a no-brainer as you get.

Watch our live feed from the White House as President Obama is expected to announce a 6 month extension of the partial moratorium on new deepwater drilling projects off the coasts of Alaska, Virginia and the western Gulf of Mexico.

The White House has told various news agencies that President Obama will today extend for another six months the partial moratorium on new offshore oil drilling permits in the Gulf. In addition, he will cancel proposed leases off Alaska and Virginia.

Reponding to a question from Maddow about Monday’s New York Times story that MMS was still issuing new permits despite the supposed moratorium announced by the President and Secretary Salazar, Energy Secretary Chu said that if it were up to him, he would impose a moratorium on all new offshore drilling activities whether or not they already had existing permits.

After the New York Times reported today that numerous drilling permits were still being issued for new drilling activities notwithstanding the supposed “moratorium,” the White House explained the word “moratorium” doesn’t mean what you think it means.