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Appraisers, like auditors, are supposed to follow a strict standard of professional behavior, said David Callahan, senior fellow at the public policy organization Demos and author of a recent report about appraisal fraud. "What is actually happening is lenders and brokers are telling them what value they want," he said.
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The debate on voter ID is a clash between some people, many of them conservatives, who believe more restrictions are needed on voting and registration to rein in fraud, and others who think the process needs to be opened up to more voters, according to Miles Rapoport, who as secretary of state for Connecticut from 1995 to 1999 oversaw that state's election process.
 
Long lines, challenged ballots and two of the closest presidential elections in the country's history have touched off a landslide of propo
Over the past decade, credit card debt among 18-24 year olds rose by 104 percent according to a report released by the nonprofit research organization Demos entitled "Generation Broke: The Growth of Debt Among Young Americans."
 
Although over a third of young adults own credit cards, young people receive little in the way of financial education.
Demos concludes that any meaningful attempt to explain the widening debt gap between Latino and African-American families and their white counterparts must take into account the larger social, cultural and economic forces driving credit card debt.
 
According to New York-based Demos, between 1998 and 2001, Latino households saw a 19% growth in credit card balances, African Americans stood at 10% and white households saw an 11% decrease.
Scott Stossel and Joshua Green, now of The Atlantic, Jonathan Cohn of The New Republic, and David Callahan, author of three public-affairs books, also worked for the Prospect early in their careers.
 
The prescriptive focus of the magazine -- what policies were needed to generate economic growth? to reduce inequality? to protect the environment? to provide universal health coverage? -- reflected an underlying optimism that political power was within reach.
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"I don't think that anyone can assume that the appraised value of their home is based on reality," said research director David Callahan of Demos, a public-policy center in New York. "Appraisal fraud is so common that homeowners need to assume the opposite." Demos released a report about appraisal fraud in March, sparking intense discussion in the real-estate media.
 
No one knows exactly how often appraisers tinker with reality. But reports suggest they face enormous pressure to tweak their numbers.
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We live in an age when credit card debt has skyrocketed among young adults. It has risen 104 percent from 1992 to 2004 among 18- to 24-year-olds according to "Generation Broke: The Growth of Debt Among Young Americans," a report from Demos, a nonpartisan, nonprofit New York City-based research organization.
"It's taking much longer for gen X-ers to achieve financial security, to get out of the roughand-tumble 20s into real financial stability on the path to savings," says Tamara Draut, director of the Economic Opportunity Program at Demos, a nonpartisan research group. "For a lot of young people, that's just not going to happen at all.
"I don't think that anyone can assume that the appraised value of their home is based on reality. Appraisal fraud is so common that homeowners need to assume the opposite," says research director David Callahan of Demos, a public policy center. Demos released a report about appraisal fraud in March, sparking intense discussion in the real estate press.
 
No one knows exactly how often appraisers tinker with reality. But reports suggest that they face enormous pressure to tweak their numbers.
The numbers speak for themselves. Young adults have the second highest rate of bankruptcy and are more likely to file for bankruptcy than baby boomers were at the same age, according to a recent bankruptcy study by the nonprofit group Demos.
 
The new bankruptcy reform law that will take effect in October fails to address one of the root causes of bankruptcy, particularly among young adults: a lack of basic financial education.