Alan Grayson and 87 Democrats vote to enable racial discrimination

[FrodosPet]

Hedge Fund Alan shows his hypocrisy once again.

http://www.huffingtonpost.com/entry/democrats-car-dealers-racism_564e440ae4b0258edb30ba10

Posted: 11/20/2015 06:01 AM EST | Edited: 11/20/2015 03:39 PM EST

So that happened. This week, the House of Representatives voted to help banks and car dealerships discriminate against customers of color. And it wasn't just Republicans -- 88 Democrats, including Democratic National Committee Chair Debbie Wasserman Schultz (D-Fla.) -- voted in favor of the legislation.

~ snip ~

Most dealerships are authorized to sell cars and make loans to finance the purchase. They send their customers' financial information to a bank, which then sends the dealer an appropriate interest rate for a borrower with that particular credit profile. But banks also permit dealers to "mark up" the interest rate on the loan to a higher level, and allow the dealership to pocket some of the additional charge.

That, of course, creates incentives for the dealer to charge people higher interest rates. But lawsuits dating back to the 1990s have shown that people of color are more likely to have their interest rates marked up than white borrowers. Black, Latino and Asian-American borrowers also tend to see higher markups than white borrowers.

~ snip ~

The 88 House Democrats who voted to enable racial discrimination in the automobile market:

Pete Aguilar (Calif.)
Debbie Wasserman Schultz (Fla.)
Brad Ashford (Neb.)
Joyce Beatty (Ohio)
Amerish Babulal "Ami" Bera (Calif.)
Don Beyer (Va.)
Sanford Dixon Bishop Jr. (Ga.)
Brendan Boyle (Pa.)
Robert Brady (Pa.)
Julia Brownley (Calif.)
Cheryl "Cheri" Bustos (Ill.)
Matt Cartwright (Pa.)
James "Jim" Clyburn (S.C.)
Gerald "Gerry" Connolly (Va.)
Jim Cooper (Tenn.)
James "Jim" Costa (Calif.)
Joseph "Joe" Courtney (Conn.)
Joseph Crowley (N.Y.)
Henry Cuellar (Texas)
John K. Delaney (Md.)
Suzan DelBene (Wash.)
Debbie Dingell (Mich.)
Mike Doyle (Pa.)
Tammy Duckworth (Ill.)
Elizabeth Esty (Conn.)
Bill Foster (Ill.)
Tulsi Gabbard (Hawaii)
Ruben Gallego (Ariz.)
Gwen Graham (Fla.)
Alan Grayson (Fla.)
Eugene "Gene" Green (Texas)
Janice Hahn (Calif.)
Alcee L. Hastings (Fla.)
Dennis "Denny" Heck (Wash.)
Brian Higgins (N.Y.)
Rubén Hinojosa (Texas)
Jared Huffman (Calif.)
Steve Israel (N.Y.)
Marcy Kaptur (Ohio)
William "Bill" Keating (Mass.)
Dan Kildee (Mich.)
Derek Kilmer (Wash.)
Ron Kind (Wis.)
Ann Kirkpatrick (Ariz.)
Ann Kuster (N.H.)
Rick Larsen (Wash.)
Brenda Lawrence (Mich.)
Ted Lieu (Calif.)
Dan Lipinski (Ill.)
Dave Loebsack (Iowa)
Michelle Lujan Grisham (N.M.)
Ben Ray Lujan (N.M.)
Jim McDermott (Wash.)
Grace Meng (N.Y.)
Patrick Murphy (Fla.)
Rick Nolan (Minn.)
Donald Norcross (N.J.)
Beto O'Rourke (Texas)
Bill Pascrell (N.J.)
Ed Perlmutter (Colo.)
Scott Peters (Calif.)
Collin Peterson (Minn.)
Mike Quigley (Ill.)
Kathleen Rice (N.Y.)
Raul Ruiz (Calif.)
Tim Ryan (Ohio)
Loretta Sanchez (Calif.)
Adam Schiff (Calif.)
Kurt Schrader (Ore.)
David Scott (Ga.)
Terri Sewell (Ala.)
Brad Sherman (Calif.)
Kyrsten Sinema (Ariz.)
Albio Sires (N.J.)
Louise Slaughter (N.Y.)
Adam Smith (Wash.)
Jackie Speier (Calif.)
Eric Swalwell (Calif.)
Mike Thompson (Calif.)
Dina Titus (Nev.)
Paul Tonko (N.Y.)
Norma Torres (Calif.)
Nikki Tsongas (Mass.)
Juan Vargas (Calif.)
Marc Veasey (Texas)
Filemon Vela (Texas)
Tim Walz (Minn.)
Peter Welch (Vt.)

[FrodosPet]

1. To be fair, he DID shut down his off shore tax haven

http://www.tampabay.com/blogs/the-buzz-florida-politics/alan-grayson-says-he-no-closed-caymans-hedge-funds/2249077

Alan Grayson says he has closed his Caymans hedge funds

Adam C. Smith, Times Political Editor
Friday, October 9, 2015

Democratic U.S. Senate candidate Alan Grayson says he has closed down hedge funds that he set up in the notorious offshore tax haven of the Cayman Islands, which have proven to be a considerable political headache for the populist congressman from Orlando. The moves comes on the heels of the millionaire Democrat recently changing the name of his hedge management company -- from Grayson Fund to Sibylline Fund - afer (sic) critics filed official House complaints against him for allegedly violating House rules for improperly using his name in the investment vehicles.

~ snip ~

For a candidate who often complains about income inequality and companies evading taxes, setting up his own company in an offshore tax haven created, at the very least, a perception problem. The listed address of Grayson's Caymans-based hedge fund was the Ugland House in Grand Cayman, where nearly 20,000 companies list their address in order to minimize their taxes.

"Either this is the largest building in the world or the largest tax scam in the world," Barack Obama said of Ugland House in 2009.

[Thinkingabout]

2. Now Alan Grayson endorsing Hillary Clinton was the right move as indicated.

Do you think this is going to change his mind?

[FrodosPet]

4. Depends on who is paying the most?

[Thinkingabout]

5. So you are saying Sanders does not have a working relationship with Grayson. Good, Grayson does not

need to buy Sanders.

[tazkcmo]

8. Nor can he.

Sen. Sanders is already owned by the people.

[Thinkingabout]

12. Well if he is owned by the people and being president means being about the work

Of running a country then perhaps being president is not in our best interest.

[madokie]

3. At first I read that as

Alan Greenspan, LOL

i remember when Grayson used to come here and engage somewhat with us on legislation. Maybe it was just him asking us for support, I'm not sure which it was now.

[Thinkingabout]

6. Yes, a smart move by Hillary to go a listening tour, also smart for Grayson to engage,

some must not think it is important to listen to citizens. It is hard to change what you don't acknowledge.

[Le Taz Hot]

9. I doubt it was ever him.

I've always suspected it was a surrogate. Then, for awhile "he" was in here asking for money. The guy has always made my skin crawl and I could never tell anyone why. As it turns out, he IS a real sleezeball.

[madokie]

10. Yup

apparently so

[pampango]

7. One of only 5 members of the Progressive Caucus to vote in favor. 63 voted against.

13 of 15 Blue Dogs voted in favor.

[FrodosPet]

13. Why did those 5 vote for it?

Rep Grayson in particular strikes me as a "Do as I say not as I do" person.

[Kalidurga]

11. 3 from Minnesota

But, as I suspected they are from a very mixed area of liberals/conservatives to very deep red areas. It's actually surprising that they would even elect a D in two of those areas.