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Wednesday, November 22, 2017

Here’s What You Have To Earn To Get A Mortgage In America’s 50 Largest Metropolitan Areas

Reprinted with permission from AlterNet.

An affordable housing crisis is growing across America, as home ownership prices keep growing at a pace unmatched by incomes and new construction. But disparities in home costs vary greatly, with progressive coastal epicenters being the priciest, while inland metropolitan areas have houses at a fraction of that cost.

“As you likely know from your own income, overall wage gains continue to be muted, rising at about a 2.5 percent annual rate, so the ability of a potential homebuyer to keep up is increasingly difficult, if not impossible,” said a report from HSH.com on salaries needed to buy a home in the 50 largest metro areas.…

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The GOP’s Tax Cut Bonanza Is A Major Attack On Medicare

Reprinted with permission from AlterNet.

Do you trust Paul Ryan to protect your Medicare benefits? How about White House budget director Mick Mulvaney, a former member of the House Freedom Caucus, and like Ryan, a longstanding foe of Medicare?

If the just-passed House tax bill, its Senate counterpart or some compromise of the two is signed into law, the enactment will put Medicare’s future in the hands of Ryan and Mulvaney.

According to the Congressional Budget Office, the GOP tax bill will instantly trigger $400 billion in automatic cuts to Medicare in the next 10 years, including $25 billion in the first year after enactment alone.…

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Investigative Report: Instagram’s Political Propaganda Spread To Multi-Millions Of Facebook Users In 2016

Reprinted with permission from AlterNet.

Maybe you saw it, too. On Thursday, I read a post from Facebook executivestouting their determination to reel in the propaganda monster their platform had enabled in 2016’s election.

“We are committed to protecting legitimate political discussion within our community,” Facebook said, citing its “action plan against foreign interference,” which includes “hiring 10,000 people including ad reviewers, engineers and security experts and combining their skills with advances in AI [artificial intelligence] and machine learning to identify and remove content violations and fake accounts.”

Facebook’s moves come as congressional hearings continue on how Russians, with (as we now know) a more sophisticated understanding of social media than Hillary Clinton’s 2016 campaign, planted thousands of propagandistic memes on dominant online platforms including Facebook.…

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