(1025) Comedy host John Oliver gets it

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If this blog had a board of directors we would appoint Last Week Tonight’s John Oliver to upon it sit.  He looked right into the dark heart of suburban poverty and social difficulty in a recent episode of his popular show to razor sharp effect.  How so?  He took the American sub prime auto loan industry out for a run, that’s how.

Oliver starts with the difficulty faced by many of his adopted country’s working poor: that trap between horrendously long commutes through the sprawl via public transit or buying some nasty set of wheels from a self-financing used car dealer.  There’s some impressive research and real world tales of woe brought out and then capped off with a hilarious skit spoofing the whole sad machinery of extortionate high interest loans, overpriced shitboxes and repossessions.  It has gotten so out of hand of late that some observers are seeing a repeat of the mortgage crisis of 2008 taking shape in US auto financing.  We’ll see soon enough.

image: staci myers via Flickr/CC