Predatory Lending: Last Week Tonight with John Oliver (HBO)

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Strong rec VikingCoder · 2015-04 · on “Want a steady income? There's an app for that”

I highly recommend you watch the John Oliver segment on Payday Loans. [this video] ANYTHING that helps get rid of those scum is a huge improvement.

Recommends WestCoastJustin · 2014-09 · on “Secret Network Connects Harvard Money to Payday Loans”

If you are interested in this topic, you should watch: Last Week Tonight with John Oliver: Predatory Lending (HBO) [1]. I think he does a pretty good job in giving an overview of what predatory lending is. Although, he does not talk about Harvard, MIT, or pension funds, this is all new as far as I know. [1] [this video]

Recommends themartorana · 2014-09 · on “Secret Network Connects Harvard Money to Payday Loans”

Even better, check out Last Week Tonight's bit (John Oliver's show on HBO) on payday loan companies [0] - they're utterly appalling. [0] [this video] Edit: spelling

Recommends otterley · 2022-01 · on “The Case Against Crypto”

Spend some time with John Oliver, discussing just a few of the problems with predatory lending: [this video] Usury laws go back to Biblical times: [LINK] - there is plenty of literature to follow from this point. There are still prohibitions on drug use that most agree should still be upheld due to the serious harm they tend to cause (addiction -> crime, serious health decline) relative to their benefits: heroin, fentanyl, cocaine, crystal meth, etc. Go spend some time in some majority Black neighborhoods in the U.S. like deep East Oakland, Detroit, Philadelphia, etc. if you want to get a real sense of how bad the problems are and what the locals think about it. Or spend some time in poor white a

Cites cyphunk · 2015-05 · on “USA Where the Poor Live Dearly”

On point 2, HN flagging things that are critical of the US... I find surprising. On point 1, facts. I haven't found where to dispute the articles facts yet. Where the commenters dispute it's actually an issue of perception. - [1] Predetory Loan and banking services such as ACE that market to predominant poor neighborhoods has a negative impact that is documented in study and pop [2] - [3] the initial argument by power user tptacek is that the author didn't bother to check poor white parts of the country. If you assume this article was about something other than black poverty, okay I understand the argument. But it was about poverty effecting the black community. So I don't see the factual pr

Cites justifier · 2015-10 · on “People Want Fairness, Not Economic Equality”

fairness is a horrendous choice of words, but the one this article chose to use there are many unfair side effects of current economics look at taxes.. recently i read a major corporate entity paid 4k pounds in taxes in 2014(o). The top comment says: TIL our small UK startup pays 10-20x more corp tax .. Doing things honestly and by the book is expensive in both money terms and time terms (paying accountants) Big corps .. make me feel like a fool. though these corps are seen as equals in buraecratic lines, the expectations and avenues of utilising those regulations seems unfairly balanced or look at fines.. if i get a parking ticket(i) for 100$, i may be unable to pay it right away with my ze

Cites hobs · 2016-02 · on “Uninstalling Facebook app saves up to 15% of iPhone battery life”

The demand for heroin is overwhelming.[0] An argument from popularity is not an argument that something is a net positive for society. Obesity is becoming more popular. [0] [this video]