"Trick and Trap", "Ghetto Taxes" as Hidden Fees

"Trick and Trap", "Ghetto Taxes" as Hidden Fees

Claudia Cragg (@claudiacragg) speaks here with Devin Fergus (@devin_fergus), the Distinguished Professor of History and Black Studies, at the University of Missouri, about his new book, '"Land of the Fee: The Decline of the Middle Class and the Making of the New World Financial Order". "Consumer financial fees have helped to choke off dreams of the middle class and middle class aspirants alike," argues Fergus (History and Black Studies/Univ. of Missouri; Liberalism, Black Power, and the Making of American Politics, 1965-1980, 2009, etc.). In particular, Fergus investigates several common financial transactions that he contends involve hidden or excessive fees so egregious that they are damaging the economic well-being of Americans, including subprime mortgages, student loans, and payday lending. The damage these forms of borrowing have done to American households during and after the Great Recession is already well-known. Fergus traces in detail the discouraging story of congressional inaction by both political parties that has permitted lenders to sidestep usury laws as they burden unsophisticated borrowers with excessive interest and charges like origination fees and prepayment penalties.

Jaksot(99)

Reforming The World's Financial Systems Heretically - Brett Scott

Reforming The World's Financial Systems Heretically - Brett Scott

(Reprise from 2014, but very sadly the US - and indeed the world's - financial system has not been reformed to offset inbuilt disadvantages against the economically underserved or deprived. Here at #I...

25 Helmi 202131min

Texas Proves Anti-Racist, Feminist Policies Must Be Applied vs. Climate Change

Texas Proves Anti-Racist, Feminist Policies Must Be Applied vs. Climate Change

Claudia Cragg speaks here for @KGNU with Dr. Jennie C. Stephens, @jenniecstephens, the Director of the School of Public Policy and Urban Affairs and the Dean's Professor of Sustainability Science & Po...

18 Helmi 202122min

The Democratization of Tech as Business Aide during COVID TImes

The Democratization of Tech as Business Aide during COVID TImes

Claudia Cragg @KGNU (@claudiacragg) addresses the business operational adjustments everyone is having to make in what we hope will soon be a post-COVID world. At Zenreach, where he is CEO, John Kelly ...

11 Helmi 202130min

Rape, (inJustice) and The Objects That Remain

Rape, (inJustice) and The Objects That Remain

Claudia Cragg @claudiacragg speaks here with Laura Levitt @llevitttemple about her book, The Objects That Remain. On a November evening in 1989, Laura Levitt was raped in her own bed. Her landlord hea...

27 Tammi 202129min

Small Planet's Moore Lappe - Igniting Power, Meaning, and Connection for the America We Want

Small Planet's Moore Lappe - Igniting Power, Meaning, and Connection for the America We Want

Many Americans have been distraught for the last four years as tightly held economic and political power drowned out their voices and values. But now, with a new administration and the Biden-Harris pa...

21 Tammi 202127min

Nuclear Disaster Update for Fukushima Daichi Japan

Nuclear Disaster Update for Fukushima Daichi Japan

Claudia Cragg speaks here for @KGNU with Caitlin Stronell, for an update about the Fukushima Daiichi nuclear disaster, an 11 March 2011 nuclear accident at the Fukushima Daiichi Nuclear Power Plant in...

14 Tammi 202131min

In Her Own Words, An Essential Mental Health Worker on the CO Covid Frontline

In Her Own Words, An Essential Mental Health Worker on the CO Covid Frontline

Claudia Cragg @claudiacragg speaks here with an essential mental health worker on the Colorado front lines in the age of the COVID19 pandemic.

7 Tammi 202128min

Christa Parravani, on Her Reckoning with Life, Death and Choice.

Christa Parravani, on Her Reckoning with Life, Death and Choice.

Claudia Cragg @claudiacragg speaks here with Christa Parravani @cparravani about her harrowing account, Loved and Wanted, the story of one woman's reckoning with life, death and "choice". It is, she s...

16 Joulu 202033min

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