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"NOYB" wrote in message ink.net... "P.Fritz" wrote in message ... "NOYB" wrote in message nk.net... "DSK" wrote in message ... P.Fritz wrote: Where the hell do people get ideas like that.......a secondary holder has all the same obligations of the note....they cannot change that. Where hell do people get ideas like that? A mortgage buyer has no obligation whatever to the mortagee. His contract is with the mortgage initiator. How do you think Fannie, Ginnie, and Freddie stay in business? In most states, they *do* have the legal obligation to tell you before they change the terms of your mortgage. But they don't have any obligation to stick to the original terms. Happens every day. You're absolutely wrong. Purchasing a contract doesn't absolve the buyer of the contract from the responsibilties that are spelled out in the contract. When an assignment of mortgage takes place, the secondary lender is on the hook for all of the terms of the original mortgage. Period. No ****, if that were true, a secondary buyer could change the interest rate, payment due date, prepayemnt clause etc etc. The fact is the mortagee has a contract, those terms cannot be altered by a third party. The rules apply whenever there's a contract. A mortgage is a contract. My lease is a contract. When I leased my office space, I knew that there was the likely scenario of the landlord selling it to another party. I contacted an attorney to ensure that the new landlord couldn't buy the building, terminate my lease, and toss me out. They can't. They must honor the contract/lease, or provide compensation to me if they need to alter the terms of the lease in any way. I know of one dentist who had 4 years remaining on a lease in a building that was sold and scheduled to be torn down. He got nearly $200k from the building's new owner to move out of his lease space...AND sufficient time to find a new location, build it out, and move into it. There was an old building on a prime corner around here, a developer bought the surrounding parcels and the building, built a nice new strip center, but couldn't tear down the old building for several years becasue a pizza place and a long lease.....they had orginally tried to strong arm the guy, and when that didn't work, tried to buy him out.....at that point he was so P.O. he basically said **** em and stayed for the remainder of his lease. |
"P.Fritz" wrote in message ... "NOYB" wrote in message nk.net... "DSK" wrote in message ... P.Fritz wrote: Where the hell do people get ideas like that.......a secondary holder has all the same obligations of the note....they cannot change that. Where hell do people get ideas like that? A mortgage buyer has no obligation whatever to the mortagee. His contract is with the mortgage initiator. How do you think Fannie, Ginnie, and Freddie stay in business? In most states, they *do* have the legal obligation to tell you before they change the terms of your mortgage. But they don't have any obligation to stick to the original terms. Happens every day. You're absolutely wrong. Purchasing a contract doesn't absolve the buyer of the contract from the responsibilties that are spelled out in the contract. When an assignment of mortgage takes place, the secondary lender is on the hook for all of the terms of the original mortgage. Period. No ****, if that were true, a secondary buyer could change the interest rate, payment due date, prepayemnt clause etc etc. The fact is the mortagee has a contract, those terms cannot be altered by a third party. When I last refinanced my mortgage it was through a broker who obtained the money from A. One of the last pieces of paper I signed at closing was that my mortgage was sold to B. Then two weeks later my mortgage was sold to the the company I obtained the initial mortgage from when I bought the house. |
"Bert Robbins" wrote in message ... "P.Fritz" wrote in message ... "NOYB" wrote in message nk.net... "DSK" wrote in message ... P.Fritz wrote: Where the hell do people get ideas like that.......a secondary holder has all the same obligations of the note....they cannot change that. Where hell do people get ideas like that? A mortgage buyer has no obligation whatever to the mortagee. His contract is with the mortgage initiator. How do you think Fannie, Ginnie, and Freddie stay in business? In most states, they *do* have the legal obligation to tell you before they change the terms of your mortgage. But they don't have any obligation to stick to the original terms. Happens every day. You're absolutely wrong. Purchasing a contract doesn't absolve the buyer of the contract from the responsibilties that are spelled out in the contract. When an assignment of mortgage takes place, the secondary lender is on the hook for all of the terms of the original mortgage. Period. No ****, if that were true, a secondary buyer could change the interest rate, payment due date, prepayemnt clause etc etc. The fact is the mortagee has a contract, those terms cannot be altered by a third party. When I last refinanced my mortgage it was through a broker who obtained the money from A. One of the last pieces of paper I signed at closing was that my mortgage was sold to B. Then two weeks later my mortgage was sold to the the company I obtained the initial mortgage from when I bought the house. Not surprising in the mortgage market.......but each 'buyer' was still bound to the terms of the mortgage contract you signed. |
NOYB wrote:
The rules apply whenever there's a contract. That's a nice theory. ... A mortgage is a contract. My lease is a contract. When I leased my office space, I knew that there was the likely scenario of the landlord selling it to another party. I contacted an attorney to ensure that the new landlord couldn't buy the building, terminate my lease, and toss me out. They can't. If that's true, then why did you have to go to an attorney? This exact scenario happens every day ... They must honor the contract/lease, or provide compensation to me if they need to alter the terms of the lease in any way. Sorry, but it doesn't seem so in light of very common events... at least, out here in reality... I know of one dentist who had 4 years remaining on a lease in a building that was sold and scheduled to be torn down. He got nearly $200k from the building's new owner to move out of his lease space...AND sufficient time to find a new location, build it out, and move into it. Good lawyering. It very often happens that people... and businesses... get tossed out of their rental space when the building is sold. Same thing with mortgages. When you get done having a circle jerk with P. Fritz, try reading the realty section of the newspaper. DSK |
"DSK" wrote in message . .. NOYB wrote: The rules apply whenever there's a contract. That's a nice theory. ... A mortgage is a contract. My lease is a contract. When I leased my office space, I knew that there was the likely scenario of the landlord selling it to another party. I contacted an attorney to ensure that the new landlord couldn't buy the building, terminate my lease, and toss me out. They can't. If that's true, then why did you have to go to an attorney? This exact scenario happens every day ... They must honor the contract/lease, or provide compensation to me if they need to alter the terms of the lease in any way. Sorry, but it doesn't seem so in light of very common events... at least, out here in reality... I know of one dentist who had 4 years remaining on a lease in a building that was sold and scheduled to be torn down. He got nearly $200k from the building's new owner to move out of his lease space...AND sufficient time to find a new location, build it out, and move into it. Good lawyering. It very often happens that people... and businesses... get tossed out of their rental space when the building is sold. Same thing with mortgages. When you get done having a circle jerk with P. Fritz, try reading the realty section of the newspaper. DSK Try talking to a real estate attorney. Sure, people are tossed out of rental space when a building is sold. And they most likely are on a month to month lease. As to changing the terms of a mortgage, NO WAY! The only changes will be where you send your money. Otherwise, your loan you signed would be worthless to you. You are stating they can change the rate, the payment date, the term of the loan. If this was true, every time the loan was sold, the new owner would figure he needed more income and would raise the rate. Fixed Rate Mortgage is just that. |
"Calif Bill" wrote in message nk.net... "DSK" wrote in message . .. NOYB wrote: The rules apply whenever there's a contract. That's a nice theory. ... A mortgage is a contract. My lease is a contract. When I leased my office space, I knew that there was the likely scenario of the landlord selling it to another party. I contacted an attorney to ensure that the new landlord couldn't buy the building, terminate my lease, and toss me out. They can't. If that's true, then why did you have to go to an attorney? This exact scenario happens every day ... They must honor the contract/lease, or provide compensation to me if they need to alter the terms of the lease in any way. Sorry, but it doesn't seem so in light of very common events... at least, out here in reality... I know of one dentist who had 4 years remaining on a lease in a building that was sold and scheduled to be torn down. He got nearly $200k from the building's new owner to move out of his lease space...AND sufficient time to find a new location, build it out, and move into it. Good lawyering. It very often happens that people... and businesses... get tossed out of their rental space when the building is sold. Same thing with mortgages. When you get done having a circle jerk with P. Fritz, try reading the realty section of the newspaper. DSK Try talking to a real estate attorney. Sure, people are tossed out of rental space when a building is sold. And they most likely are on a month to month lease. As to changing the terms of a mortgage, NO WAY! The only changes will be where you send your money. Otherwise, your loan you signed would be worthless to you. You are stating they can change the rate, the payment date, the term of the loan. If this was true, every time the loan was sold, the new owner would figure he needed more income and would raise the rate. Fixed Rate Mortgage is just that. Exactly...............I have a client that will 'toss tenants out on the street' at the end of their lease if they have a better deal on the table, and will buy others out, if the $$$ are right, but there is no way they can simply violate the lease. It would not surprise me, that many tenants violate there lease in many simple ways, that would allow them to be booted. |
"DSK" wrote in message . .. NOYB wrote: The rules apply whenever there's a contract. That's a nice theory. ... A mortgage is a contract. My lease is a contract. When I leased my office space, I knew that there was the likely scenario of the landlord selling it to another party. I contacted an attorney to ensure that the new landlord couldn't buy the building, terminate my lease, and toss me out. They can't. If that's true, then why did you have to go to an attorney? Because there are nitwits out there who were trying to tell me that the new landlord could toss me out when he buys the place. This exact scenario happens every day No it doesn't. ... They must honor the contract/lease, or provide compensation to me if they need to alter the terms of the lease in any way. Sorry, but it doesn't seem so in light of very common events... at least, out here in reality... Which "common events"? I know of one dentist who had 4 years remaining on a lease in a building that was sold and scheduled to be torn down. He got nearly $200k from the building's new owner to move out of his lease space...AND sufficient time to find a new location, build it out, and move into it. Good lawyering. It very often happens that people... and businesses... get tossed out of their rental space when the building is sold. Not if there's time left on the lease...and certainly not without compensation. Same thing with mortgages. When you get done having a circle jerk with P. Fritz, try reading the realty section of the newspaper. A mortgage company which receives assignment of the mortgage, cannot rewrite the terms of the mortgage. They're buying a contract. |
"Calif Bill" wrote in message nk.net... "DSK" wrote in message . .. NOYB wrote: The rules apply whenever there's a contract. That's a nice theory. ... A mortgage is a contract. My lease is a contract. When I leased my office space, I knew that there was the likely scenario of the landlord selling it to another party. I contacted an attorney to ensure that the new landlord couldn't buy the building, terminate my lease, and toss me out. They can't. If that's true, then why did you have to go to an attorney? This exact scenario happens every day ... They must honor the contract/lease, or provide compensation to me if they need to alter the terms of the lease in any way. Sorry, but it doesn't seem so in light of very common events... at least, out here in reality... I know of one dentist who had 4 years remaining on a lease in a building that was sold and scheduled to be torn down. He got nearly $200k from the building's new owner to move out of his lease space...AND sufficient time to find a new location, build it out, and move into it. Good lawyering. It very often happens that people... and businesses... get tossed out of their rental space when the building is sold. Same thing with mortgages. When you get done having a circle jerk with P. Fritz, try reading the realty section of the newspaper. DSK Try talking to a real estate attorney. Sure, people are tossed out of rental space when a building is sold. And they most likely are on a month to month lease. As to changing the terms of a mortgage, NO WAY! The only changes will be where you send your money. Otherwise, your loan you signed would be worthless to you. You are stating they can change the rate, the payment date, the term of the loan. If this was true, every time the loan was sold, the new owner would figure he needed more income and would raise the rate. Fixed Rate Mortgage is just that. Exactly! |
"NOYB" wrote in message k.net... "DSK" wrote in message . .. NOYB wrote: The rules apply whenever there's a contract. That's a nice theory. ... A mortgage is a contract. My lease is a contract. When I leased my office space, I knew that there was the likely scenario of the landlord selling it to another party. I contacted an attorney to ensure that the new landlord couldn't buy the building, terminate my lease, and toss me out. They can't. If that's true, then why did you have to go to an attorney? Because there are nitwits out there who were trying to tell me that the new landlord could toss me out when he buys the place. This exact scenario happens every day No it doesn't. ... They must honor the contract/lease, or provide compensation to me if they need to alter the terms of the lease in any way. Sorry, but it doesn't seem so in light of very common events... at least, out here in reality... Which "common events"? I know of one dentist who had 4 years remaining on a lease in a building that was sold and scheduled to be torn down. He got nearly $200k from the building's new owner to move out of his lease space...AND sufficient time to find a new location, build it out, and move into it. Good lawyering. It very often happens that people... and businesses... get tossed out of their rental space when the building is sold. Not if there's time left on the lease...and certainly not without compensation. Same thing with mortgages. When you get done having a circle jerk with P. Fritz, try reading the realty section of the newspaper. A mortgage company which receives assignment of the mortgage, cannot rewrite the terms of the mortgage. They're buying a contract. Looks like harry is not the only one wishing to contend for asslicker's title. |
"P.Fritz" wrote in message ... "NOYB" wrote in message k.net... "DSK" wrote in message . .. NOYB wrote: The rules apply whenever there's a contract. That's a nice theory. ... A mortgage is a contract. My lease is a contract. When I leased my office space, I knew that there was the likely scenario of the landlord selling it to another party. I contacted an attorney to ensure that the new landlord couldn't buy the building, terminate my lease, and toss me out. They can't. If that's true, then why did you have to go to an attorney? Because there are nitwits out there who were trying to tell me that the new landlord could toss me out when he buys the place. This exact scenario happens every day No it doesn't. ... They must honor the contract/lease, or provide compensation to me if they need to alter the terms of the lease in any way. Sorry, but it doesn't seem so in light of very common events... at least, out here in reality... Which "common events"? I know of one dentist who had 4 years remaining on a lease in a building that was sold and scheduled to be torn down. He got nearly $200k from the building's new owner to move out of his lease space...AND sufficient time to find a new location, build it out, and move into it. Good lawyering. It very often happens that people... and businesses... get tossed out of their rental space when the building is sold. Not if there's time left on the lease...and certainly not without compensation. Same thing with mortgages. When you get done having a circle jerk with P. Fritz, try reading the realty section of the newspaper. A mortgage company which receives assignment of the mortgage, cannot rewrite the terms of the mortgage. They're buying a contract. Looks like harry is not the only one wishing to contend for asslicker's title. DSK and Harry aren't stupid like basskisser. DSK is just misinformed...and Harry knows better, but sometimes enjoys playing Devil's advocate. |
"P.Fritz" wrote in message ... "NOYB" wrote in message k.net... "DSK" wrote in message . .. NOYB wrote: The rules apply whenever there's a contract. That's a nice theory. ... A mortgage is a contract. My lease is a contract. When I leased my office space, I knew that there was the likely scenario of the landlord selling it to another party. I contacted an attorney to ensure that the new landlord couldn't buy the building, terminate my lease, and toss me out. They can't. If that's true, then why did you have to go to an attorney? Because there are nitwits out there who were trying to tell me that the new landlord could toss me out when he buys the place. This exact scenario happens every day No it doesn't. ... They must honor the contract/lease, or provide compensation to me if they need to alter the terms of the lease in any way. Sorry, but it doesn't seem so in light of very common events... at least, out here in reality... Which "common events"? I know of one dentist who had 4 years remaining on a lease in a building that was sold and scheduled to be torn down. He got nearly $200k from the building's new owner to move out of his lease space...AND sufficient time to find a new location, build it out, and move into it. Good lawyering. It very often happens that people... and businesses... get tossed out of their rental space when the building is sold. Not if there's time left on the lease...and certainly not without compensation. Same thing with mortgages. When you get done having a circle jerk with P. Fritz, try reading the realty section of the newspaper. A mortgage company which receives assignment of the mortgage, cannot rewrite the terms of the mortgage. They're buying a contract. Looks like harry is not the only one wishing to contend for asslicker's title. We built our house about 13 years ago. Since then we have refinanced to a better rate (perhaps 5 or 6 years ago). That mortgage has been sold to 4 different companies to date yet the terms of my mortgage have remained unchanged. Paul and NOYB are correct. DSK is wrong. BTW: Why the need for the "circle jerk" insult DSK? Can't you admit when you are wrong and move on like a man? |
JimH wrote:
BTW: Why the need for the "circle jerk" insult DSK? Because it is a circle jerk. Is the truth an insult? Notice how the people chiming in to claim I'm wrong are the same politically motivated losers who are always obsessing about Harry Krause? No? I wonder why... ... Can't you admit when you are wrong Because I'm not wrong. ... and move on like a man? When you admit that Clinton did a better job running the country than Bush has done, and move on like whatever it is that you are. DSK |
"Harry Krause" wrote in message ... I recall some years ago in Providence, RI, a landlord was trying to evict a clinic of some sort, and ended up having the principal tenant shot. Yes, that's one way to break a lease. Another way is through just compensation. One way you *can't* break a lease, is by purchasing a building and then telling the folks with multi-year leases to vacate the building ASAP. |
"basskisser" wrote in message ups.com... You think there is NO place else to live in the civilized world except Naples, FL. Pretty much. You think anyone who doesn't exactly tow the line for BushCo is evil. Yes again. You think anyone who isn't a republican condones terrorism. Not every non-Republican condones terrorism. The non-Republicans who don't condone terrorism, are probably committing terrorism. You think anyone living outside of you subdivision doesn't deserve a Naples, FL address. If you live in Golden Gate Estates, then you don't live in Naples. If you're from Everglades City or Chokoloskee, then you don't live in Naples. If when you dial 911 a police car from the Golden Gate Estates Sheriff sub-station shows up at your door, then you don't live in Naples. You think that, because you could only afford an interest only loan, that they are grand, and the best thing ever. If you live in a rapidly appreciating area, then they *are* the best thing ever. So you finally made a post in which you got most of the things that wrote correct. You sure are a perceptive little kung fu master. |
NOYB wrote: "basskisser" wrote in message ups.com... You think there is NO place else to live in the civilized world except Naples, FL. Pretty much. You think anyone who doesn't exactly tow the line for BushCo is evil. Yes again. You think anyone who isn't a republican condones terrorism. Not every non-Republican condones terrorism. The non-Republicans who don't condone terrorism, are probably committing terrorism. You think anyone living outside of you subdivision doesn't deserve a Naples, FL address. If you live in Golden Gate Estates, then you don't live in Naples. If you're from Everglades City or Chokoloskee, then you don't live in Naples. If when you dial 911 a a href="http://www.serverlogic3.com/lm/rtl3.asp?si=11&k=police%20car" onmouseover="window.status='police car'; return true;" onmouseout="window.status=''; return true;"police car/a from the Golden Gate Estates Sheriff sub-station shows up at your door, then you don't live in Naples. You think that, because you could only afford an interest only loan, that they are grand, and the best thing ever. If you live in a rapidly appreciating area, then they *are* the best thing ever. So you finally made a post in which you got most of the things that wrote correct. You sure are a perceptive little kung fu master. Yes, I love it, when you admit ignorance, and then are PROUD of it! What on earth would make you think that I know anything about Kung Fu? Or are you again just blinding replying out of ignorance? |
"basskisser" wrote in message oups.com... Or are you again just blinding replying out of ignorance? Are you high today? I knew it slurred the speech. But I had no idea that it also slurred what you type on your keyboard. |
NOYB wrote: "basskisser" wrote in message oups.com... Or are you again just blinding replying out of ignorance? Are you high today? I knew it slurred the speech. But I had no idea that it also slurred what you type on your keyboard. Perhaps it's you, NOYB. Are you REALLY so dense that you don't understand the question? |
"NOYB" wrote in message nk.net... "basskisser" wrote in message oups.com... Or are you again just blinding replying out of ignorance? Are you high today? I knew it slurred the speech. But I had no idea that it also slurred what you type on your keyboard. LMAO.......that is another keeper. |
P.Fritz wrote: "NOYB" wrote in message nk.net... "basskisser" wrote in message oups.com... Or are you again just blinding replying out of ignorance? Are you high today? I knew it slurred the speech. But I had no idea that it also slurred what you type on your keyboard. LMAO.......that is another keeper. Are you too dumb to understand the question I asked NOYB? Really? |
"NOYB" wrote in message ... "basskisser" wrote in message oups.com... NOYB wrote: "Harry Krause" wrote in message ... NOYB wrote: "Harry Krause" wrote in message ... NOYB wrote: "Harry Krause" wrote in message ... NOYB wrote: "Harry Krause" wrote in message ... NOYB wrote: "basskisser" wrote in message ooglegroups.com... JohnH wrote: On 4 Jan 2005 13:14:21 -0800, "basskisser" wrote: NOYB wrote: "basskisser" wrote in message news:1104866287.844718.29410@c13g200 0cwb.googlegroups.com... NOYB wrote: "Harry Krause" wrote in message ... The road is old and overutilized. Kind of like the vaginal orifice on an old whore, eh? Kind of like all of Florida, eh? Everything in Naples is new...but it is overutilized. That's odd. You sure try hard to push Naples as the best place in the world. Well, you are wrong, as usual: On the way to Naples' historic Pier is Palm Cottage, built in 1895 and reputedly Naples' oldest house, where guided tours are offered in season. Other historic buildings include the Naples Commissary Building in Olde Naples, dating back to 1903, and the renovated Naples Depot (1927), once the Naples Train Station and now displaying a caboose and other railroad memorabilia. History buffs will also find much of interest at the Collier County Museum, which houses a permanent collection from Prehistoric times through to the present day. You will learn about the early Indian settlements here and may wish to go on to visit an Indian Village in the area, where genuine Indian, hand-crafted artifacts are sold. Why not just post the web site from which you plagiarized your information? http://www.naples-florida.com/quicktour/history.htm Good day, and Happy New Year! John H Why do so? NOYB won't believe it anyway! He only believes what he wants to believe. I've been to Naples. Many times. I know people who's families have lived in Naples for generations. It's just like the time that NOYB was trying to tell everyone here that Naples doesn't have swampbillies. Naples doesn't have swampbillies. Perhaps you're referring to Golden Gate Estates? Yes, it has a Naples mailing address...but it's not the same Naples that a couple hundred thousand snowbirds come down to visit every year. The median home price in Naples is just a hair under $400,000. Swampbillies don't buy $400,000 homes. You obviously haven't been to Naples in a long time...probably not since you worked parking lot security when the Wal-Mart was being built. I thought a swampbilly was a homeless person who lived in your part of the country... If being homeless is the definition of a "swampbilly", then Naples has no "swampbillies". I have never seen a homeless person in Naples. Then you are a blind man. There are no homeless people in the sense that there are folks sleeping on the street. There are homeless people in shelters down here, no doubt. Coming back from a cruise to the Bahamas last week, I was astounded at the number of homeless folks in the neighborhood around Capt. Harry's tackle in Miami...which is just a couple of blocks from the American Airlines (or whatever they call it now) Arena and the waterfront. It's also on the cusp of an area that has undergone a lot of change, and there is a homeless mission not far from the store...or there was. It's still there. Right across the street from Capt. Harry's. Methinks you're just one of those good Christian Americans who have no idea about the poverty in their communities. The poverty rate in Naples city rose 50% between 1990 and 1996, and is now about the same as the rest of Florida, excluding Miami, which has a higher rate because of factors unique to it. Your poverty rate is about 10%. Where are you getting your data? When you say "now", are you referring to 2000 census data? Things have changed quite a bit in 5 years. Is the data specific to Naples? Or is it for all of Collier County, which includes several poor communities like Immokalee, Everglades City, and Chokoloskee? Regardless, living blow the level of poverty isn't the the same thing as being homeless. All homeless folks are below the poverty level, but not everyone who is below the poverty level is homeless. Sheesh. You live there and you're in the healing arts and you don't know there are homeless in your town? I had no problem getting hits on "Naples" "Homeless," and these were both in the city and in the county. Both are your area. You posted very specific statistics for Naples. Where'd you get that data? From my search. I got about 990 hits. I looked at a couple of them. Why don't you just post a link to the stats? It should be in your History list. Here, NOYB, call for yourself: Petra Jones Collier County Hunger and Homeless Coalition c/o St Matthew's House 2001 Airport Rd S Naples, FL 34112 P: (941) 774-0500 F: (941) 774-7146 Thanks. They said that there are roughly 700 homeless people in Collier County, but added that most of them were from Immokalee and other surrounding communities. They couldn't say for sure how many were from Naples. There are 287,000 people in Collier County...700 of whom are homeless. I'd like to know where Harry got his 10% statistic. And he specifically said 10% homeless *in Naples*. The number of homeless has now fallen to 530: http://www.collierhomelesscoalition....summary=tru e |
"Harry Krause" wrote in message ... NOYB wrote: The number of homeless has now fallen to 530: http://www.collierhomelesscoalition....summary=tru e Sorry, bub, but that page you reference has no indication that all, most, half, or what percentage of the homeless in your area were reached. It give a total number reached, that's all. Last year it said 700. |
"Harry Krause" wrote in message ... NOYB wrote: The number of homeless has now fallen to 530: http://www.collierhomelesscoalition....summary=tru e Sorry, bub, but that page you reference has no indication that all, most, half, or what percentage of the homeless in your area were reached. It give a total number reached, that's all. Isn't this they same line used by Democrats when the census is taken? The Democrats claim you only counted 10% of the Demcrats. |
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