New Orleans When is health insurance not health insurance? The answer should be simple. In the United States, at this point in time the answer should be that any health insurance offered by a private company that is both unaffordable, meaning that it costs more than 9.5% of someone’s annual income, and doesn’t provide basic …
Category: Financial Justice
Credit Card Act Shows a Win for Disclosures to Consumers
New Orleans I have to confess I have often been skeptical of programs claiming to protect consumers that trumpet transparency as a major feature of the reform. I can show the scars still from negotiations with predatory lenders and tax preparation companies, who would easily agree to full disclosure of their effective interest rates and …
Massachusetts and Wisconsin Already Moving on Minimum Wage Initiatives
Shreveport In looking at the results on the minimum wage ballot vote, particularly in New Jersey, President Obama spoke out again about his support for a minimum wage increase federally from the current $7.25 in a series of steps to $10.10 per hour. He wasn’t the only one speaking out on the need to increase …