New Orleans It is hard to miss the markers of the precipitous slide of US citizen wealth flowing from the Great Recession. New figures from the Census Bureau indicate another dive for the 4th straight year (obviously starting in 2007 in the Bush era). We now stand a hair above $50,000 in median household …
Category: Citizen Wealth
Western Union and Money Mart Lobby Up to Fight Remittance Justice
New Orleans Finally, the big-time money transfer organizations and the gazillions in predatory profits for moving money for migrant workers and immigrant families are at least hearing our footprints coming after them in the distance. Several months ago Ontario NDP Member of Parliament Jagmeet Singh introduced a bill we had collaborated in writing under the …
Forgiving Interest and Amnesty for Student Debt Fines and Penalties
Toronto A trillion dollars in student debt is on the books in the USA. The Department of Education paid $1.4 billion to bloodsucking debt collection agencies last year. Debt collectors refer to the process as “lip smacking,” an “oil well” of opportunity, and so forth. The government claims it will collect almost 85 cents on …