New Orleans In one of those serendipitous moments a friend in San Francisco had passed on a book for my reaction and the daily papers have been full of pictures and quotes of the author, so the first part of my flight home was easily occupied reading Adair Tuner’s Economics After the Crisis: Objectives and …
Category: Financial Justice
Modern American Debtors’ Prisons
New Orleans Lord please help the poor, because in America these days it has become a crime to be poor! Local jails are becoming debtors prisons thanks to the fact that local courts, where justice is rumored rather than meted out it seems, in many areas have outsourced fines and fees leaving people with a …
Banks Not Victims Get Yet Another Foreclosure Bailout
New Orleans We were all clear when the Obama Administration announced changes last year to the HARP (Home Affordable Refinance Program) that seemed to favor refinancing that these changes were not going to provide relief to homeowners desperately trying to hold on and resist foreclosure. I thought that was the real issue with the latest …