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Hearing on Predatory Lending: Kucinich Opening Statement

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Uploaded by on Mar 21, 2007

The Oversight Subcommittee on Domestic Policy takes an in-depth look at the predatory mortgages, payday loans, and foreclosures that plague inner-city America. This will be the first in a series of hearings Subcommittee Chairman Kucinich plans to hold looking at various issues afflicting urban America.

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  • What a joke.

    This is the same guy who causes Cleveland to be the first major city to literally go bankrupt since the Depression.

  • I urge YouTuberites to google "Marquette-law-predatory-lendi­ng". Back in 1998 laws were adopted that allowed banks such as Citibank to move their headquarters to states that had no ceiling on interest rates so they could legally jack up your interest rates and steal your money ...creating a path to bankrupting our nation and enslaving our citizens. You go Dennis!

  • get the credit card companies too!

  • what if u invent an alternative currency ? Its your money which makes them rich, so burn ur money, quit ur bank accounts and trade in naturals. which fool changes gold for paper ?! one thing is for sure, after a tight nuclear war its silent. future is patient, she knows her time will come.

  • The Bankers are the big criminals, and the persecution is always on the little ones. Until that trend ends, America is screwed.

  • Big Bank corporate interests must be stopped from over running our country, INCLUDING THE FEDERAL RESERVE!

    We are being raped and pillaged on a daily basis and what ever happened to the M3, what is our rate of inflation now?

  • This debate all boils down to whether it's immoral to let a sucker keep his money. The American economy is dominated by con-men finding loopholes in the system. It's the governments' responsibility to rewrite the rules to reward production and technological innovation. That's what we need to have a strong and dominate country. It all starts with the bankers, go get em.

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