New Orleans The on-going fight against predatory and payday lenders is becoming a whack-a-mole operation. Every time we put a cap on them in one state or province or another, too many of them just jump on the internet and charge whatever they want wherever they want, including of course places where such charges are …
Category: Citizen Wealth
The Oxfam Report on “Working for the Few”
New Orleans The headline, sound bite from the Oxfam report, “Working for the Few: Political Capture and Inequality,” released on the eve of the World Economic Forum for the rich and business elite at Davos, Switzerland, was the fact that 85 individual super-rich have as much citizen wealth as half of the world’s population. Indeed, …
Is it Right to Divert Settlement Money Intended for Citizens?
New Orleans Every once in a while we stumble on some real “ah-ha” moments, where the obvious finally is so unavoidable we almost trip over it. For me this has been happening recently while reading about the JP Morgan Chase $13 billion dollar settlements as the money is distributed to the states and the …