Peter Dreier: recent report sponsored by bank reform groups reveals that if banks lowered the principal balance on all underwater mortgages to their current market value, it would pump over $70 billion per year back into the economy.
An Early Morning Look at Attorney General–Kamala Harris: UPDATED
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Eric Garcetti: Kamala ended the night/early morning with a 40,382 vote lead statewide, with 96.2% of the precincts statewide reporting. This is only a 0.6% margin, but she is ahead. The outstanding precincts are located in four counties: San Bernadino, Riverside, Kings, and Yolo. These counties are still counting.
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