Democrat Turns on Donors Delivering HUGE Win For The People

New York's Governor Kathy Hochul has proposed limits on private equity buying homes. Sharon Reed and Cenk Uygur discuss on The Young Turks. https://tyt.com/campaigns/populist-plank

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Read more HERE: https://www.nytimes.com/2025/01/09/nyregion/private-equity-homes-hochul.html

"Gov. Kathy Hochul of New York on Thursday proposed several measures that would restrict hedge funds and private-equity firms from buying up large numbers of single-family homes, the latest in a string of populist proposals she intends to include in her State of the State address next week.

The governor wants to prevent institutional investors from bidding on properties in the first 75 days that they are on the market. Her plan would also remove certain tax benefits, such as interest deductions, when the homes are purchased.

The proposals reflect a nationwide effort by mostly Democratic lawmakers to discourage large firms from crowding out individuals or families from the housing market by paying far above market rate and in cash, and then leasing the homes or turning them into short-term rentals."*

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"Sharp-witted, persuasive, and inspiring, calling out toxic Republicans, politely-ineffectual Democrats, and mealy-mouthed media mavens in equal measure, JUSTICE IS COMING will give heart to Democrats and progressives who seek to change our politics and society for the better.

The media can’t stop talking about the gridlock in Washington, as if a handful of stubborn Republicans are the only thing standing between us and a fully-functional democracy. The reality is that our government has been taken over by big business and their allies in both political parties. The getaway driver in this heist was corporate media. The good news is that the American people are very progressive. And soon progressives will take over Washington as well! And when they do, the great majority of Americans will love it.

In JUSTICE IS COMING: How Progressives Are Going to Take Over the Country and America Is Going to Love It (On sale: September 19, 2023), The Young Turks founder Cenk Uygur presents two ideas that counter everything we hear from pundits and politicians on a daily basis: one, progressives are correct on all issues, and two, America is actually a very progressive country. Millions of us know that we are a part of something larger, a movement that is already transforming Washington.

JUSTICE IS COMING, a compulsively readable manifesto, seeks to apply the momentum progressives have already built to a concrete progressive agenda that activists, voters, and citizens can all rally around. JUSTICE IS COMING looks beyond Trump to the larger historical forces that have given us this unique political moment, and explains why we should fight, how we should fight, and how we will win."

https://www.kirkusreviews.com/book-reviews/cenk-uygur/justice-is-coming/

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