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Politics : Ralph Nader For President! -- Ignore unavailable to you. Want to Upgrade?

To: Elmer Flugum who wrote (73)	11/25/2002 12:36:54 PM
From: Thomas M.	Respond to of 206

Back Alley Loan Sharks Predatory Lending by Ralph Nader Subprime lenders have been marching up to state legislators around the nation with a stern warning-"enact protections for borrowers and you will trigger a quick and certain reduction of credit for thousands of low, moderate and middle income borrowers." But, the hard facts coming out of the states with the courage to stop predatory and other unfair lending practices are putting the lie to the lenders' scare campaign. Last summer, Morgan Stanley, a major financial services firm, surveyed 300 branch mangers and loan officers from five of the largest subprime home equity originators and independent mortgage brokers. The conclusion from these front-line subprime operators was that predatory lending protections had not significantly dampened loan growth. [continued ...] counterpunch.org

To: Elmer Flugum who wrote (73)	11/29/2002 11:46:13 PM
From: budweeder	Read Replies (1) \| Respond to of 206

Hi Tom; Clinton was and continues to be the best thing that happened to the Republicans since Carter......my hope is that the Democrats move markedly left....that more and more moderates realize that the Democrats are bereft of ideas beyond having Washington take care of all our money, and our lives too......I once had hopes for the Libertarians, but they are consumed by legalizing all street drugs, as best I can tell. From all this dust-up......there will hopefully emerge a moderate to right-of-center majority that can coalese around some party name, and lead America into and through the perilous 21st century.