Banking on the Poor

Banking on the Poor

What’s a fair interest rate to pay on a loan? If you think a 300 percent annual percentage rate (APR) is no big deal, you can stop reading. But if you’d be outraged to learn that some of the country’s biggest banks — like Wells Fargo, Regions , US...
Making Poverty a Crime

Making Poverty a Crime

Ebenezer Scrooge, the Dickens character, perfectly personified the nasty rich. For example, when asked to make a charitable donation for people trapped in poverty, Scrooge curled his lip in contempt and snarled: “Are there no prisons?” Blessedly, our...
Downwardly Mobile Nation

Downwardly Mobile Nation

Work my butt off Plain to see, Bootstraps are No help to me. Bridgeport — Connecticut’s largest city — is also my affluent state’s capital of poverty. Even though it’s part of the nation’s richest region, the rapidly rising number of children...
Poor Visibility

Poor Visibility

If you listen to the experts, the presidential election comes down to one thing: the economy. The job market is awful, and both of the major party candidates talk a lot about what they propose to do to strengthen the middle class. But what about the poor? Forty-six...