Digg up my question for Secretary Geithner
Over at Digg.com they’ve teamed up with the Wall Street Journal to ask Treasury Secretary Geithner some questions this Thursday the 20th. Reproduced below is my question. If we Digg it up enough, it will get asked…
“Given the massive bailouts to the banks, how can you allow the predatory practices with which the banks continue to fleece low-income consumers to continue? I’m speaking mostly about so-called overdraft “protection” (similar to a mafioso’s protection in that they’re really credit at loan-shark prices) and predatory mortgage loans. The Credit Card Bill of Rights was a big step in the right direction. Isn’t it time for debit card holders to be given similar protections against exorbitant interest rates?
Don’t we the taxpayers now own sizable chunks of these banks, and shouldn’t we therefore be able to tell them to stop abusing we the people?”
Here’s the link:
My user name is just Karney if that helps you find it.
Film Threat Gives “Overdrawn!” 3 1/2 stars
This happened back in November but I just noticed that they put it up recently. These guys can be pretty harsh critics, so I was pretty happy with their review. They gave one of my favorite films, “Donnie Darko”, two stars, for example. And they had this to say :
“Like many films of this ilk, “Overdrawn!” successfully sets your blood boiling. However, the documentary sets itself apart from most of its peers by actually offering solutions rather than just exposing problems.”
Pretty cool, huh? Read the full review.