Over the next two years, Democrats have the unfettered ability to be an albatross around the neck of the GOP — and to make sure that what little they manage to get done due to their paper-thin majorities becomes the reason for their undoing.
Alliance of Californians for Community Empowerment
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Striking Los Angeles Teachers Won Big. Here's What Their Victory Means.
The successful L.A. teachers strike helps move the balance of power in California and nationally toward public education, and against both austerity and the privatization of education through charter schools.
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Why Richmond’s Plan to Rescue Homeowners Could Reshape the Mortgage Lending Industry
Once this city uses eminent domain to seize and refinance underwater homes belonging to Wall Street banks, towns nationwide will hurry to replicate the success.
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Richmond, California Mayor Occupies Wall Street
Mayor Gayle McLaughlin is setting an example for how community activists can make big changes by running for local office independent of the two-party system and corporate campaign cash.
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In Defiance of Wall Street, Richmond, Calif., Declares Eminent Domain For Underwater Mortgages
In a precedent-setting case, the Richmond City Council voted 4 to 3 to use the city’s power of eminent domain to force banks to sell underwater loans to the city, allowing homeowners to restructure their mortgages.
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Revealed: How Cities Are Seizing Underwater Mortgages Through Eminent Domain
Officials have discovered that they can use their eminent domain power to buy underwater mortgages at their current market value and resell them to homeowners at reduced price and mortgage payments.
