Debt, poverty’s nasty sibling, is the topic of an ongoing series in US magazine ProPublica. In part four, linked below, the effect of debt and debt collection on African Americans is examined. A particular suburban field-of-dreams is mentioned.
Less-than-the-best housing is an up front tactical issue for students. A deferred, strategic issue, and probably the more socially worrisome of the two, is the enormous debt they can wind up carrying. Not a pretty trillion-dollar picture in America.
Election 42 is peaking as we write. What a doozy: far too long and no attention for poverty. Too much focus on personalities. And wasn’t that a Tory Prime Minister flaunting his relationship to track-suited one-time wild man Rob Ford at some kind of rally in Etobicoke the other day? We certainly heard about the economy a fair bit over the last several weeks.
Lowest point: the high level disinterest in the women’s issues debate. Highest point: …uh, we’ll get back to you on that.
Setting aside the big picture, waiting for the polls to come in all across our very wide nation we can zoom in on one particular economic situation in search of Canadian reality. Think we’ll forward this to the legal department. Tax evasion advice from a major newspaper? Don’t know, maybe?
image: Philip Bond via FLickr/CC
Shadow banking is this disquieting thing we’ve been hearing about for two years or so. Huffingtonpost.ca has begun a four-part series into Canadian debt called Borrower beware: inside Canada’s new Wild West of banking.
A foot in the door: for aging renters, housing costs far from fixed. Renters in Canada’s ‘wealthiest generation’ more vulnerable than home-owning peers thetyee.com – part four of a strong series on housing
Indentured working people on the express elevator to nowhere enjoy longer, healthier lives and sleep soundly at night: said no study, ever. Including all 33 studies systematically studied at this linked text right here.
image: Pedro Vezini via Flickr/CC
A credit counsellor with much experience of people carrying the financial equivalent of a knapsack full of rocks reflects over her grilled salmon lunch in this Globe & Mail piece.
Laurie Campbell: Credit Canada CEO shatters debt myths
image: Dan Simpson via Flickr/CC
Time and money in the 905: it’s amazing the stranglehold car commuting puts on us. In Brampton, a family is trying to work around the weighty inevitability of it all. Coincidentally, the Toronto Star looked at their efforts right at the time of the Toronto International Auto Show, a major fest of cool cars and long payment plans.
Nobody is saying the car economy is exactly over. Just that change is coming and change is possible…
Realize, you may not always get a thank you note along the way…
My life as an, um, activist
See also: (179) Automobituary
image: wyliepoon via Flickr/CC