Experts debate if the housing market is an overinflated bubble, or a strong seller's market.
The forum was sponsored by Demos, a public advocacy group that among other issues concentrates on questions of economic opportunity.
Flaw-proof election machines. Easy-to-read ballots. Registration systems that catch double-voters or dead voters still on the rolls. For top state election officials meeting here, the pressure is on to make sure the election changes demanded after President Bush's disputed 2000 victory are in place by the Jan.
A new report by Demos and the Center for Governmental Studies that shows that current (February 2005) legislation and proposed initiatives on redistricting in California all fail to sufficiently address the needs of the public, and suggests clear guidelines for much fairer redistricting.
Senior Policy Associate Javier Silva examines the new financial insecurities created as more Americans refinance their homes.
That's the short version of a new and disturbing study by Silva called "House of Cards: Refinancing the American Dream." It shows how millions of U.S. households are falling into a vicious cycle of tapping their credit cards and then refinancing their mortgages to extract needed cash from the equity in their homes.
New York, NY — Across the United States, families increasingly rely on credit cards to make up for stagnant wage growth and soaring costs. In order to cope, homeowners are depleting their home's equity to pay off a growing mountain of unsecured debt. This is a financial strategy fraught with serious consequences, according to A House of Cards: Refinancing The American Dream, a new report released today by Demos, a nonpartisan public policy organization based in New York.
As tuition costs and enrollment rose through the 1990s, grant money did not keep pace, meaning students have been shouldering an ever-increasing share of their education costs. While before, most were able to finance their studies with grants and part-time work, loans are now inescapable for many.
"This generation is the first to shoulder the costs of their college primarily through interest-bearing loans rather than grants," Draut said.
In response to ever-increasing financial pressures, families have come to depend on high-cost credit as a way to bridge the gap between stagnant or decreasing incomes and rising costs. How are families coping with their new burden? To hang on to the American Dream, to be part of the ownership society, homeowners are depleting their homes’ equity to pay off a growing mountain of unsecured debt —a financial strategy fraught with serious consequences.
Steve Carbo, director of the Democracy Program, said voters should be allowed to cast provisional votes even if they vote in the wrong precinct, a practice many states now forbid.
In this preliminary analysis, Demos finds that the right to provisional ballots was violated across the country on November 2, 2004. While all the data on provisional balloting have yet to be collected and assessed, available evidence suggests that Congress and the states must revisit provisional ballot statutes, regulations and procedures if the original "failsafe" voting mandate is to be fully realized.
The link between corporate practices and the economic security of Americans has become a major focus of public debate over the past several years. The off-shoring of new kinds of jobs has garnered the most attention, but cutbacks in employee health benefits and the under funding of pension plans has also drawn scrutiny at a time when corporate profits have been robust and executive mismanagement has been widespread.
New York, NY — Advocates for democracy had one strong reason to cheer on election night: higher voter turnout, especially among youth, reversed a decades-old trend of low electoral participation. Although they are still counting votes in almost every state, it is clear that about 120 million will have voted in the election — an increase of 15 million voters from 2000.
A combination of escalating student loan and credit-card debt, rising costs, slow wage growth and underemployment have accumulated debt "unmatched in modern history" undermining the economic security and financial health of young Americans aged 18-34, according to a new study.
The report, "Generation Broke: The Growth of Debt Among Younger Americans," was released by Demos, a nonpartisan, public policy group, based on the Federal Reserve's Survey of Consumer Finances as well as dozens of other sources.
New York, N.Y. — Today Miles Rapoport, President of Demos and former Connecticut Secretary of State, released a statement saying that tens of thousands of voters would be disenfranchised if lawsuits challenging the legitimacy of the San Diego mayoral election succeed.
New York, NY — Widespread challenges to our electoral system surfaced on November 2nd, according to thousands of documented cases of system failure collected by troubleshooters and monitors at election call-centers across the country. Problems ranged from machine breakdowns, intimidation and long lines, with many focusing on widespread errors in the implementation of new provisional ballot requirements. Some of these include:
New York, NY — On November 2nd, troubling reports of voting machine errors flowed into election assistance call centers across the country by the thousands. This pattern of system failure underscores the magnitude of ongoing problems with recording and counting votes — and election officials' lack of transparency in tabulating final results — as a threat that undermines Americans' faith that their votes will be fairly counted.
Florida Republicans in Jacksonville have been busy compiling and disseminating lists that many believe will be used to challenge minority voters today.
(A report, "Securing the Vote, a Report on Election Fraud," would suggest the Republicans' concerns are overstated. The paper, released by the nonprofit group Demos, shows that election fraud is at most a minor problem across the 50 states and does not affect election outcomes.)
New York, NY — Today Demos, a leading, national nonprofit organization dedicated to promoting democracy, voiced its strong support for rulings by U.S. District Judges Susan Dlott and John Adams barring all voter "challengers" from Ohio voting places.
New York, NY — Today Demos, a national, nonpartisan organization dedicated to promoting democracy, issued a statement regarding the brewing voter registration scandal in Nevada, where political consulting firm Sproul and Associates, sometimes operating as Voter Outreach of America, has been accused of destroying registration forms completed during a months-long voter registration drive.
New York, NY — Today Demos, a national, nonpartisan organization dedicated to promoting democracy, voiced its strong support for South Dakota Secretary of State Chris Nelson's recent decisions regarding counting voter registration applications without "double affirmations" of citizenship.
New York, NY — Anticipating a razor-thin election Nov. 2, many election officials and political commentators are making alarmist and inaccurate claims that "new" voter registration procedures will enable voter fraud.
However, election fraud is at most a minor problem across the 50 U.S. states, and does not affect election outcomes, according to a 2003 study being re-released today by Demos, titled "Securing the Vote: A Report on Election Fraud."
