[lit-ideas] Re: The American Poor

  • From: Eternitytime1@xxxxxxx
  • To: lit-ideas@xxxxxxxxxxxxx
  • Date: Thu, 25 May 2006 18:45:40 EDT

 
In a message dated 5/25/2006 2:38:29 P.M. Central Daylight Time,  
bruce@xxxxxxxxxxxxxx writes:

A  nagging question: do 'own' and 'have' here mean 'fully paid for' - or 
do  these things really (fully or partly) belong to the banks, credit 
card  companies, loan agencies and other corporations that extended the 
credit  for their purchase?



Hi, 
That is a great question.
 
The 2005 Kids Count database of statistics is now out--it's a great  resource 
to really see what the world of children is like in the United  States. 
_http://www.kidscount.org_ (http://www.kidscount.org/)  (The Annie E Casey  
Foundation) 
_http://www.aecf.org/kidscount/sld/databook.jsp_ 
(http://www.aecf.org/kidscount/sld/databook.jsp) 
 
They also have some other publications. Here are some other aspects of  
living in the USA as a new or soon-to-be poor person -- and how it happens.  
Highly 
recommend these for those who are part of the Heritage Foundation. Wonder  if 
they are part of the predatory lender world  (see last piece for info on  
what is happening to the poor or soon-to-be-poor who 'own' their own 
homes...for  
the moment.)  or own the PayDay Loans...(though I have heard that at least  
in this area the 'North of the River" bunch which historically was part of  the 
Mafiosi own them...and it's now legal to gauge people like  this...)  Big 
business, though. Not quite as lucrative as the Corporate  Welfare we have 
going 
on (talk about Entitlements! Mikey only touched on *some*  of the businesses 
in that welfare world--wow.)
 
I have been reading SOS and then took a break with another title on my list  
-- and it kind of matched some of this conversation. I have written several  
posts -- need to clean up at least one of them one of these moments!  
 
Maybe later.  Probably by the time we've moved onto the next thread,  though!
 
Best,
Marlena in Missouri
 
_http://www.aecf.org/publications/advocasey/winter2005/index.htm_ 
(http://www.aecf.org/publications/advocasey/winter2005/index.htm) 
 
The Poor Pay More: Financial Drains on Low-Income Families
 
Double-Jeopardy: Why the Poor Pay More 
"Chances are, if you live on the wrong side of the tracks or earn a modest  
hourly wage, youâre paying higher prices than the rest of us, and youâre  
imperiled by deceptive money traps that can bust your budget and drain your  
savings."
 
Paycheck Poverty
IN SEARCH OF ALTERNATIVES TO PAYDAY LENDING
Payday  loansâdeceptively expensive short-term cash advance loansâare 
sweeping the  nation and snaring countless borrowers in a spiral of debt. Two 
credit 
unions  have stepped forward to compete with the payday lenders. How well are 
they  faring?
 
Deals on Wheels
EXPANDING AUTOMOTIVE  OPPORTUNITY IN NEW ENGLAND
Throughout most of America, if you want  to keep a job, you need to own a car 
and keep it running. Two New England  projects are helping low-income workers 
meet the challengeâemploying radically  different approaches.
 
 
LEADING THE CHARGE  AGAINST PREDATORY MORTGAGE LENDING
Begun with a bake sale in 1980,  a North Carolina nonprofit is standing up 
against predatory lendingâpushing  through needed reforms and developing 
creative lending strategies to make  affordable mortgages more available for 
low-income  homebuyers.
 
There are pdfs for all of those...
 

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