usan Sandler, the daughter of billionaire banking giants Herb and Marion Sandler, announced Monday that she is investing $200 million in “racial justice groups” as part of an effort to build a liberal infrastructure in states “undergoing rapid demographic change” such as Texas, Florida, and Georgia. The move from Sandler, a longtime donor to Democratic candidates and groups, is the start of a transition away from the short-term world of supporting campaigns to a long-term effort at building power, according to the Times.
The source of Sandler’s cash injection is her parents’ subprime mortgage company, Golden West Financial Corp., which was sold to Wachovia Bank in 2006 for a reported $25 billion. The couple built its fortune by offering millions of adjustable-rate mortgage loans to individuals, many of whom couldn’t afford them and eventually defaulted on their homes.
While the Sandlers came away with billions of dollars, many blame the loans they offered for causing the burst of the U.S. housing bubble and resulting financial crisis of 2007. The defaulted loans cost Wachovia billions of dollars, forcing it to merge with Wells Fargo, which eventually agreed to pay a $50 million settlement to borrowers who were misled by the Sandlers.
The 2020 election is over a year away, but it is not too soon to be thinking about the ramifications of this milestone election year. We are in a fight for the soul of America. A fight we must win and hopefully win big to stop the haters. As with most elections this one, according to experts in the know, will come down to Florida. We must do a better job of registering new voters and educating all voters to the great strides made by the Trump administration. Due to the new felon voter law in Florida, that gives a pathway for felons to regain their right to vote, we must be more diligent to get the vote out. Take nothing for granted. The left never stops the relentless attack against conservative ideas. I plan on focusing on voter registration, moral issues in the state, and economic issues on the national stage. Vote faith, family, freedom. Get active, make a difference for America. VOTE YOUR VALUES! God Bless.
So I saw on the news today that a school in California that was called Dixie school is changing their name. They said it was racist. The report also said that the school was named after an African American lady by the name of Dixie. Political correctness run amok. You would think it would be an honor to have a school named after an African American lady. But not in today’s world. Let’s just get rid of everything in this entire world that offends any particular person in this entire world. Let’s put our little bubble suits on so we don’t have to rub elbows with anybody we disagree with. God help us.