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This ... is not a very dark green map.

 

12/50 states >= 50%

 

(Way to go, Nebraska!) 

 

Also, look at this data on Texas early voting: https://www.dallasnews.com/news/2018-elections/2018/02/21/fueled-democratic-surge-texans-turn-force-first-day-early-voting We can do this, guys. Turn Texas blue. Do not make this a normal midterm year. Turn out to the polls, across the country. All the money in the world can't buy a lot of people who already see the obvious and then vote accordingly.

Edited by zoogs
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A little off topic but not sure where to put this.  I thought this was pretty ironic - The most famous community organizer is being "Community Organized".

I guess it is the fulfillment of 'what goes around, comes around'.

 

https://www.politico.com/magazine/story/2018/02/28/barack-obama-library-chicago-217093

 

Quote

It’s the ultimate in irony: The world’s most famous ex-community organizer is facing a minor uprising from the community where his presidential center is supposed to be built—the same community, in fact, where he got his start in politics.

 

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And the establishment Dems want to know why Americans think they're in the tank for Wall Street and the banks:

A Dozen Democrats Want To Help Banks Hide Racial Discrimination In Mortgages

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And yet next week, the Senate is set to vote on a Kaine-sponsored bill that deliberately undermines the government’s ability to enforce laws against racial discrimination in the housing market. The legislation would block the Consumer Financial Protection Bureau from collecting key data showing when and where families of color are being overcharged for home loans or steered into predatory products. It’s just one small provision in a broad financial deregulation package, which, thanks to backing from 12 Democratic senators, is almost certain to clear both chambers of Congress and receive President Donald Trump’s signature.

 

...

 

The federal government has been collecting basic data on mortgage discrimination since 1975, tallying by race which families receive loans and which are denied. Banks have always made a habit of turning down mortgages in black neighborhoods ― a practice known as redlining that is still very much alive and well. But the housing bubble and subsequent foreclosure bust laid bare another ugly trend. Lenders had also been targeting minority families with subprime mortgages and other predatory loans, instead of simply denying mortgages outright.

 

The 2010 Dodd-Frank financial reform law sought to address this by setting tougher predatory lending rules and by requiring banks to turn over a broader swath of information to the newly created CFPB. In addition to basic facts about loan approval or denial, lenders had to report a borrower’s age and credit score as well as the property value of the home being purchased, the interest rate, loan terms, and other pricing features of each mortgage. All of this information can be used to help determine if families of color are being ripped off or disproportionately pushed into predatory loans. The CFPB looks through the data for violations or red flags, and publishes it online so consumer groups can do their own research.

 

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The DCCC (the establishment Dem financing and campaigning group) has started to tip the scales against progressives in their own party. And it's ironically backfiring:

Democratic group faces backlash after intervening in crowded House primaries
 

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In Texas, ... Houston-area congressional candidate Laura Moser moving up after the DCCC published a short, sharp opposition research document on her last week. According to the poll, conducted with 726 “likely Democratic primary voters,” Moser moved from sixth to second place since January, which would secure her a place in the May runoff — exactly what the DCCC had tried to prevent.

 

...

 

The Edwards mess is the latest example of static between some Democratic candidates and the DCCC, which went into overdrive last week after the committee . It was an unusual move, one that the party defended, but one that crystallized how the Democrats’ major institutions are mistrusted by its liberal base.

 

 

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Roughly 1/3 of the Dems in the Senate just voted to advanced a bill deregulating banks and pushing us firmly back in the direction of 2008.

 

A lot of these are red-state Blue Dogs or pro-business moderates. But geez, I just don't buy the hype that we're overburdening these banks with onerous regulations. This seems like the wrong move.

 

 

  • Plus1 1
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11 minutes ago, dudeguyy said:

But geez, I just don't buy the hype that we're overburdening these banks with onerous regulations. This seems like the wrong move.

 

You would have to be in the banking industry to fully understand what has transpired.  However, I can fully believe that after the disaster of 2007, bills were passed that went to far with regulation.  That many times happens in that situation.

 

Problem is, going back to 2007 regulations obviously doesn't work.  

 

I fully support tweaking here and there to get meaningful and appropriate regulations in place.

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Some of the regulations have helped. E.g. requiring that the customer has the ability to pay. It has reduced loss rates.

 

Others are common sense. You can't purposely give bad advice to a customer. You have to tell a customer if you declined their application in error. Things that should have been in place already.

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