Democracy for America Should Endorse Keith Ellison to Lead DNC

Hugh J. Campbell

Hugh J. Campbell Son of a steelworker, Philadelphia, Pa.

The DNC needs Leadership that understands the causes of the “Learned Helplessness” that has resulted in ineffective Democratic voter turnout in the mid-terms, the primaries and now in the 2016 General Election.

From 1934 thru 1978 Republican losses in mid-term elections averaged 28% and 79% more than Democrats in the U.S. House and Senate, respectively. Beginning in 1982 Democratic losses averaged 152% and 140% more than Republican losses in the U.S. House and Senate, respectively.

It was in 1982 that the DNC instituted the Superdelegate Scheme and ever since Democratic and Democratic-leaning voters have failed to turnout in mid-term elections in effective numbers. The Superdelegate Scheme appears to give Democratic and Democratic-leaning voters a case of “Learned Helplessness.”

AFL-CIO’s Endorsement of Keith Ellison to Lead DNC

VOTE NOW: Who should Democracy for America endorse for DNC Chair?

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Hugh Campbell is a seasoned financial professional, currently providing subject matter expertise on a variety of regulatory topics, including the Dodd-Frank Act, the Foreign Account Tax Compliance Act (FATCA) and overall compliance monitoring. Hugh has previously held positions as Chief Risk Officer (CRO), Chief Audit Executive (CAE) and Director of Sarbanes-Oxley (SOX) Compliance.

Posted In: Union Matters

Union Matters

A Few Hundred Million Good Reasons Not to Care

Sam Pizzigati

Sam Pizzigati Editor, Too Much online magazine

Millions of American families are still reeling from the aftershocks of the financial crash a dozen years ago. But a key architect of that debacle, Countrywide Financial CEO Angelo Mozilo, is feeling no pain — and no remorse either. In the decade before the crash, Mozilo took $650 million out of Countrywide, a hefty chunk of that just before the subprime mortgage scam Countrywide exploited started to implode. Earlier this month, Angelo described Countrywide as a “great company” at a conference appearance and declared subprimes as “not the cause at all” of the nation’s 2007-2008 financial wreckage. Added Mozilo: “Somehow — for some unknown reason — I got blamed.” The former CEO is acknowledging that all the blame did at one point bother him. And now? The famously always tanned Mozilo notes simply: “I don’t care.” 

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Every Worker's Right

Every Worker's Right