All Posts Tagged With: "predatory lending"
Pay Day Loans and Porn
There are scavengers among us. They prey on the poor, the oppressed, and, strangely enough, the military. There are some things that the poor, the oppressed, and the military have in common. Loneliness, desperation, and a lack of money. I think that it is time to call a rat a rat. Two of the industries […]
13Dec2008 | bryan | Comments Off on Pay Day Loans and Porn | Continued
The Scout Initiative: Naming Social Injustice
I have been thinking more about how to deal with social injustice, and I dug up this clip from To Kill A Mockingbird. There are layers of great stuff in this clip: There are several examples here of the actions that make a social movement. When Atticus learns that the Sheriff is not around, he […]
6Dec2008 | bryan | 1 comment | Continued
Mortgage Crisis – the Case For Regulations
This writer is a fiscal conservative who believes THE GOVERNMENT should simply do their job. Partisan politics shake out like this – The Democrats act like the Government is the mission – and the Republicans think the Government has no mission. They are both frustratingly wrong. The Bush Administration’s Treasury Secretary Henry Paulson is leading […]
8Sep2008 | Ohg Rea Tone | 2 comments | Continued
Banks do Business with Predatory Lenders
I was in my bank the other day to roll over my wife’s 401k, and I was browsing all of their literature while I waited for the financial advisor. I don’t usually pay any attention to all of the stuff along the wall because I already have all of the banking junk that I need […]
12Aug2008 | bryan | Comments Off on Banks do Business with Predatory Lenders | Continued
Debtor Nation – and deregulation of banking
Son, The current administration of George Bush has led directly to the faltering of the stock market. This follows with a faltering of our economic security and then, ultimately, our national security. So how does the administration get credit for this mess. The administration turned a blind eye to their corporate buddies who were gouging […]
18Jan2008 | Ohg Rea Tone | Comments Off on Debtor Nation – and deregulation of banking | Continued
Boston Legal on Predatory Lending
Son, I enjoy the TV program Boston Legal. Their stories are right out of the headlines. Last evening one of their ‘legal’ cases surrounded home foreclosure. Clarence, an employee of Crane, Pool?, and Schmidt, was two months behind on his mortgage payments because his interest had ballooned to 12%.? He had originated the 100% loan […]
21Dec2007 | Ohg Rea Tone | 1 comment | Continued
A Proud Man and His Family – 1950’s
Son, Your grandfather is a proud man. My mother stayed home to take care of the seven children – he worked two jobs to provide the basic necessities. He would never take a handout. Suggest government peanut butter and cheese to him and you might have a little squabble. I said that wrong – your […]
2Nov2007 | Ohg Rea Tone | 1 comment | Continued