Stay updated with breaking news from Sarah ludwig. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
It. no questions asked. they re calling it a rolling jubilee. since their online telethon on thursday night, they raised nearly $300,000 to buy or forgive nearly $6 million of debt. joining me are the organizer of the jubilee, and the author of occupy america. also sarah ludwig, and doug henwood, editor and publisher of the left business review. all right. so, i would debt? why has have you guys come along organizing on debt as this singular issue? well, we are part of an offshoot of occupy wall street called strike debt. strike debt emerged out of the ....
Peaks on the eve in 2007 at the end of the housing bubble on the eve of the second great crash. it started to come down, but there s a long way to go. sarah, i want you to tell me about the communities you work in, how the role that debt plays in peoples live there s, how it structures peoples behavior and the decisions they make. yeah. you asked before why debt resonates so much with people, it s because there s been this explosion in credit and indebtedness. and we work with mostly low-income people and people of color in new york city, and what s really plaguing them is abusive debt collection practices. so they re wildly indebted, over half of households making less than $50,000 now use credit for basic expenses. so, to cover, you know, food, medicine, utility bills, so forth because we don t have we had stagnant wages, we don t have a living wage. people are absolutely struggling. you have one unforeseen, you know, visit to the emergency ....
0 progressive think tank, new york democratic congressman and friend of the show jerry mather and msnbc contributor joy reed, managing editor of thegrio.com. on a conference call with donors this week, portions of which were posted online by abc news mitt romney blamed his loss to president obama on what he calls gifts the president had given to core democratic constituencies like students, women, and latinos. what the president the president s campaign did was focus on certain members of his base coalition, give them extraordinary financial gifts from the government, and then work very aggressively to turn them out to vote. just note that, you know, doesn t actually cost any money but side point. romney s framing of the president s campaign strategy is, of course, offensive but it is also not entirely inaccurate. the president did, indeed, deliver on some of the major policy priorities of those core democratic constituencies. mandatory insurance coverage for birth control, makin ....
Detailed text transcripts for TV channel - MSNBC - 20121117:14:00:30 vimarsana.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vimarsana.com Daily Mail and Mail on Sunday newspapers.