The year 2020 has caused many white people to realize we live in a racist system. The Green New Deal is about systemic change for all, and deconstructing racism must be front and central in this agenda.
predatory lending
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18 States, Consumer Groups Sue DeVos Over Delay of Student Loan Protections
The lawsuits accuse the Education Secretary of illegally delaying the regulations aimed at predatory colleges, which would protect federal student loan borrowers defrauded by those schools.
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Why Republicans Want to Kill the Consumer Financial Protection Bureau
The CFPB isn’t being targeted because it has failed. It has been targeted because it is succeeding – as of July it had returned $12 billion to more than 37 million victims of illegal banking practices. It must be defended at all costs.
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17 Ballot Initiatives to Watch if You Care About Inequality
Voters in many states today will have the opportunity to weigh in on a wide variety of inequality-related issues, from taxing the wealthy to price-gouging on drugs.
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Why We Need Debtors’ Unions, Part III
To build collective power we must work towards understanding Wall Street’s role in mass indebtedness – that is to say, we must politicize the bond market.
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San Francisco Activists Shut Down "Climate Profiteers" In Flood Wall Street West
The action comes one year after protesters held a mass sit-in on Wall Street in New York City to highlight the ties between capitalism and planetary destruction.
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How Goldman Sachs Profited from the Greek Debt Crisis
CEO Lloyd Blankfein and his Goldman team helped Greece hide the true extent of its debt – and in the process almost doubled it.
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Bank Workers Tell Their Bosses: Stop Making Us Sell Shady Products To Poor People
The newest line of criticism for the banking industry is coming from within, as a group of rank-and-file banking employees from the country's largest commercial banks demand that their employer stop ordering them to use predatory sales tactics.
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Protesters Converge on Bank of America and Wells Fargo Shareholder Meetings
Protesters chanted slogans outside the Bank of America shareholder meeting Wednesday, under the watchful gaze of Charlotte-Mecklenburg Police, private security and members of the media, who far outnumbered them.
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In Defiance of Wall Street, Richmond, Calif., Declares Eminent Domain For Underwater Mortgages
In a precedent-setting case, the Richmond City Council voted 4 to 3 to use the city’s power of eminent domain to force banks to sell underwater loans to the city, allowing homeowners to restructure their mortgages.
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Saving Our Economy With Public Banking
Public banking could be the antidote to free us from our dependency on Wall Street and put monetary power in the people's hands.
