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FCC’s Connect2Compete Disconnected at Cox Cable & Payday Embarrasses Chase

New Orleans    Remember the poor…low and moderate income families who will always be with us?  Well, more evidence keeps piling up that when it comes to internet access and a lifeline to the 21st Century, the “volunteer” efforts by the big cable companies are continuing to make the FCC’s claims of lowering the digital [...]

Wall Street Journal Continues Curious Campaign against Lifeline Telephone for the Poor

New Orleans   Spencer Ante and the Journal continue their curious, and in many ways deceptive, campaign against the FCC’s lifeline telephone program, which allow the poor to have basic access to a telephone for less than $10 a month for emergency messages and a limited number of texts and calls.  The company’s’  providing the service [...]

Disconnecting Lifeline Telephone Service for Millions

New Orleans   Lifeline programs are great services in our modern age and we need more of them.  In concept “lifeline” conceptually stands for the provision of a basic level of service, like electricity, gas, telephone, or even internet potentially, essential for the very survival of a low income family or senior citizen.

Telephone lifeline services have [...]

The Cable Monopoly is Hurting Us All, Especially the Poor!

New Orleans    Finally after toadying up to Comcast in the business pages this week, the New York Times allowed Susan Crawford from Cardozo School of Law to talk truth to power about how the cable companies and, most importantly, their monopolies are hurting the entire US economy and educational advancement while certainly innovation, caging the [...]

Some Affordability Finally Coming to Mortgage Lending but Is Fraud Protection Enough?

New Orleans    The new Consumer Financial Protection Bureau (CFPB) released its outline of new mortgage lending rules that will take effect in 2014.  The new rules are interesting, though in some ways not reassuring.

After years of arguing with big banks and subprime houses that “affordability” had to be the key test regardless of all of [...]

Payroll or Payday Loans? Predatory Rates Sweeping Brazil & Mexico Credit Markets

New Orleans   For working families payday loans pretty much define predatory lending.  A family desperate for money takes a loan against their next paycheck.  In years of campaigns ACORN Canada has won increased regulation of such loans in a number of provinces.  The story in the United States where financial institutions of all sizes and [...]