Archive for November 20th, 2009
Part 2: au.youtube.com Documentary on the ease of credit, predatory lending, and the resulting high level of debt for many Australians. First Broadcast 31/3/2008 – Four Corners – Australian Broadcasting Corporation. … predatory lending banks banking loans subprime credit cards debt mortgages bankruptcy economic collapse
Rachel reports on the little noticed change to the tax code reversed by the Treasury Department in the middle of the bailout which might be illegal and is a tax give away to the banks. David Sirota weighs in.
March 2007 in hardcover and in December 2007 in paperback. Scurlock’s purpose for the film and book was to raise awareness of how credit and lending issues are affecting society. The main premises of the documentary and book are that banks and other creditors deliberately market to people who are more likely to have problems paying predatory lending and that the creditors benefit from connections to government, the debt collection industry, and from lawmaker apathy. The non-profit …