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Showing videos filed under: subprime
Kai Wright & Tony Romano: Public Housing, Private Pain
August 17, 201030,000 people showed up outside of Atlanta in search of Section 8 housing vouchers last week; 62 vouchers were available. To qualify for the vouchers, a family's income is not to exceed 50 percent of the area's median income. That median income for the surrounding area? Just over $31,000 a year.Richard Kim, Public Housing, and Anchor Baby Baiting
August 16, 2010"Who needs gay bashing when you have the Ground Zero mosque?" Richard Kim, senior editor at The Nation, asks guest host Esther Armah. In a week when gay and lesbian couples may see obstacles to their right to marry in California fall away, he notes, right-wing media is strangely silent on the issue. Even Glenn Beck is suddenly sounding a libertarian note.Economic Recovery For All or a Few?
April 27, 2010Daniel Gross in Newsweek recently declared that all the doom and gloom about the economy was just exaggeration. But is that really the case? Or is the economy still failing far too many people? David DeGraw, author of The Economic Elite vs. The People of the United States of America, says that the story of recovery is just a bit premature. Both men join Laura in studio to debate the state of the economy.Rinku Sen, Economic Recovery, and New York's Doormen
April 26, 2010Last Friday, Arizona Governor Jan Brewer signed into law the country's most repressive immigration bill, SB 1070, which criminalizes undocumented immigrants and gives police the authority to demand papers from anyone they suspect of being undocumented. Though Brewer, a Republican who took over from Janet Napolitano when she left to become Obama's Homeland Security secretary, claims that there are protections in the bill to prevent racial profiling, it's hard to imagine a way that officers will decide from whom to demand papers that won't involve the color of their skin or the language that they speak.FTC Consumer Chief Seeks Jail for 'Rescue' Schemers
March 4, 2010The Huffington Post Investigative Fund has an ongoing series, Hard Times Profiteers, looking into schemes cropping up around the country to take "the last dollar out of people's pockets," as David Vlateck of the Federal Trade Commission says in this video.Financial Reform, Animal Factory, and Student Debt
March 3, 2010Yesterday, we noted that the fangs seem to have been pulled out of the proposed Consumer Financial Protection Agency, and financial reform seems to be quietly fading from the agenda. But our friends at the Roosevelt Institute are in the middle of a groundbreaking conference on market reform, and we asked a few of their guests to join us in studio.The F Word: Human Interest In Bank Practices
February 16, 2010How much senior executives earn, in cash and stock, is public information. How they make it is public too. Trouble is, the two are barely brought together in reporting. One story's a business story, the other's, well, for the "human interest" file. As all humans have a reason to be interested, let's pull the pieces of one tale together. Let's take Wells Fargo, the bank whose CEO just topped the charts -- as the top earner in the country for 2009.Infrastructure, Kathleen Hanna, and Jay Smooth
February 16, 2010After our terrifying experience with a manhole explosion and fire at the office last Thursday, the pressing need for infrastructure investment was brought home to us here at GRITtv in a very real way. Years of budget cuts and tax cuts have led to public safety hazards around the country, and the stimulus bill isn't enough to fix all the electrical, structural, and other problems.The People Fight Back Against Wells Fargo, A Foreclosure in Long Island, and The Cockburn's American Casino
August 26, 2009The city of Baltimore sued Wells Fargo in June for racial profiling while workers in Chicago took to the streets to protest its refusal to extend credit for Quad City Die Casting Company. Our guests tell explain what Wells Fargo got away with and how people are fighting back. Then, Long Island resident Olive Thompson's house was one of the hundreds of thousands that faced foreclosure due to the crisis. We went to her home in April to speak with her."No Regard to Race" at Wells Fargo?
June 19, 2009The National Fair Housing Alliance filed a complaint April 10, 2012 against San Francisco-based Wells Fargo, accusing the nation's largest mortgage lender of failing to maintain and market foreclosed properties in black and Hispanic neighborhoods. Wells Fargo disputes the claim, saying that it conducts all lending practices in a fair and consistent manner without regard to race. Remember this report -- and the whistle-blower who blew racism at Wells Fargo wide open? This discussion appeared on GRITtv for the first time on June 19, 2009. No regard to race at Wells Fargo? You tell me.
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