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Showing videos filed under: predatory lending
Kai Wright: Payday Lending and the Battered Borrower
April 13, 2011"Everyone from the FDIC to the Pentagon have said that people are doing this as a way of life ... they are trapped in a series of loans," says Kai Wright individuals and families who've become entangled in the system of payday lending. High-interest loans are being made to the people who need the extra cash most--and who are most unable to repay.Kai Wright; Richard Wolff & Karen Finney; and the Military Budget
April 12, 2011"Everyone from the FDIC to the Pentagon have said that people are doing this as a way of life ... they are trapped in a series of loans," says Kai Wright of individuals and families who've become entangled in the system of payday lending. High-interest loans are being made to the people who need the extra cash most--and who are most unable to repay.Beating Payday Loans at Their Own Game
December 23, 2009Payday lenders are often predatory, and their victims are disproportionately people of color--and almost all poor. In this video from our friends at New America Media, we take a look at an alternative program in San Francisco that offers low-cost short-term loans to keep people out of the clutches of the payday lenders.Health Care, Sarah Schulman, and Circus Amok
December 22, 2009The health care bill may have passed the Senate, but there's still heavy debate among progressives as to whether the bill is actual reform. Some of the arguments have gotten heated, personal, but they've also helped to take the framing of the issue away from the Republicans, who have steadfastly remained the Party of No. But the important question remains: without a public option, Medicare buy-in, or other cost-controlling measures, and with Stupak and Nelson holding women's rights for ransom, is there anything good left in this bill?
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