{"id":2868,"date":"2010-03-17T15:51:10","date_gmt":"2010-03-17T20:51:10","guid":{"rendered":"http:\/\/lincolndemocrat.com\/?p=2868"},"modified":"2010-03-17T16:07:36","modified_gmt":"2010-03-17T21:07:36","slug":"two-of-many-reasons-i-root-for-obama","status":"publish","type":"post","link":"https:\/\/lincolndemocrat.com\/?p=2868","title":{"rendered":"Two of many reasons I root for Obama"},"content":{"rendered":"<p><strong>First:<\/strong><\/p>\n<p>His plans to regulate and limit &#8220;predatory lending.&#8221;  The focus of <a href=\"http:\/\/www.newsweek.com\/id\/234768\">this column<\/a>, also from Newsweek, is the banks two of which lent my Alzheimers ridden Mother who had no need of money, $365,000 for her home which only needed 15 years to pay off the remaining $56,000 of her original home loan. <\/p>\n<p>The last two years have been ugly.<\/p>\n<p>It wasn&#8217;t home loans however that got my (scotch) Irish up. It was the great financial innovations of the Bible thumping South,<a href=\"http:\/\/www.consumerlaw.org\/issues\/seniors_initiative\/payday.shtml\"> payday loans<\/a> and <a href=\"http:\/\/www.affil.org\/consumer_rsc\/car_loan.php\">title loans<\/a>. It has always been a bit of a surprise to me that the once Protestant dominated GOP who once took a disapproving old testament view of &#8220;usuary&#8221; would throw themselves prostrate at these parasites. The links above explain that title loans can charge up to 300% annually for a loan while some Title Loans could charge up to 760% for a loan. When you can clear up to $7.60 on a one dollar loan to a poor person you&#8217;ll find it easy to turn some of the profits into political contributions.<\/p>\n<p><strong>Second:<\/strong><\/p>\n<p>Obama, like G W Bush before him, wants accountability in Public Education even <a href=\"http:\/\/www.edweek.org\/ew\/articles\/2009\/08\/25\/02nea.h29.html\">at the risk of alienating <\/a>one of his most important allies in the Democratic Party&#8217;s coalition, teacher&#8217;s unions. I&#8217;d like to see a major Republican stand up to some of the Party&#8217;s more repellent constituencies or cheerleaders. I&#8217;ve been waiting for that for thirty years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>First: His plans to regulate and limit &#8220;predatory lending.&#8221; The focus of this column, also from Newsweek, is the banks two of which lent&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,23,31],"tags":[],"class_list":["post-2868","post","type-post","status-publish","format-standard","hentry","category-democratic-heroes","category-democrats-revival","category-gods-own-party"],"_links":{"self":[{"href":"https:\/\/lincolndemocrat.com\/index.php?rest_route=\/wp\/v2\/posts\/2868","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lincolndemocrat.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lincolndemocrat.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lincolndemocrat.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lincolndemocrat.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2868"}],"version-history":[{"count":0,"href":"https:\/\/lincolndemocrat.com\/index.php?rest_route=\/wp\/v2\/posts\/2868\/revisions"}],"wp:attachment":[{"href":"https:\/\/lincolndemocrat.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2868"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lincolndemocrat.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2868"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lincolndemocrat.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2868"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}