Creepy Stats on Inequality

Oxfam did this report on the problem of extreme inequality, for Davos 2014: (See also our book report on Joseph Stiglitz’s Price of Inequality) and check out this movie, Inequality for All with Robert Reich Extreme economic inequality is damaging and worrying for many reasons: it is morally questionable; it can have negative impacts on […]

MLK

“I refuse to accept despair as the final response to the ambiguities of history. I refuse to accept the idea that the ‘isness’ of man’s present nature makes him morally incapable of reaching up for the eternal ‘oughtness’ that forever confronts him. I refuse to accept the idea that man is mere flotsam and jetsam […]

Will Congress Help Homeowners By Extending the Mortgage Forgiveness Debt Relief Act? Call Your Congressperson.

This excerpt is from David Dayen’s article, “The Government Guide to Screwing Poor Homeowners.”  Full article here: The end of the Mortgage Forgiveness Debt Relief Act, which lapsed December 31, means that any type of debt forgiveness on a mortgage will result in a giant tax bill—one that a stressed homeowner cannot usually afford. Even […]

CFPB Released Additional Resources for Consumers to Enforce Mortgage Protections

The Consumer Financial Protection Bureau (CFPB) released additional resources for consumers as part of its campaign to educate the public about the new protections provided by the Bureau’s mortgage rules. These new materials include sample letters that consumers can send to their mortgage servicers. The Bureau is publishing these educational materials in anticipation of the […]