Predatory lending

John Maynard Keynes John Maynard Keyes is a British economist that is known for his views and thoughts on macroeconomics. Keynesian economics govern his ideas, which indicates that economic output in the short run are heavily influenced by aggregate demand. Keynesian economics finds aggregate demand to be influenced by many factors, which may act in an unstable way. This view of economics was first introduced during The Great Depression with Keyes’ book The General Theory of Employment,…

The Dodd-Frank Act was a piece of legislature passed by the Obama administration in 2010. This act is formally known as the Dodd-Frank Act Wall Street Reform and Consumer Protection Act. This piece of legislature was a response to the financial crisis of 2008. The Dodd-Frank Act at the time of passing consisted of 2,307 pages, 16 titles and 540 sections of law. This piece of legislation was named after Senator Christopher J. Dodd and Representative Barney Frank who had endorsed this act. This…

the slightest qualm and still have the support of the masses? It is my objective therefore to elaborate on how and why Hitler and his Nazis were able to appeal to Germans with their extreme antisemitism. I believe the source of it all was their predatory nature. To prove this, I will discuss how they preyed on…

Portland, Oregon is the bastion of locally sourced and artisanal progressivism; where unconventional is the norm and where “post-Scandinavian folk-punk” is playing at the coffee shops. At least that is the perception received after watching the IFC television show Portlandia. The show starts off with a song with the lyrics, “the spirit of the nineties is alive in Portland,” and ends with the group of 20+ characters moving to the city to peruse it’s counter-culture friendly lifestyle. One…

Fenton’s Fatal Flaw: Rhetorical Analysis of Peter Fenton’s “Vets Are Too Expensive, and it’s Putting Pets at Risk” By Alivia Stone Pets are like family. Many people act as though and genuinely believe this is true, but when this non-human family member is in danger just how much money are they willing to pay? According to Peter Fenton, writer and loving pet owner, author of “Vets Are Too Expensive, and it’s Putting Pets at Risk”, veterinarians intend to find out how much profit they can make…

time for American society to push for reforms and regulations that benefit the entire population and not just a particular race. When it comes to housing polices and homeownership, stricture enforcement of laws and regulations that prohibits predatory lending and housing policies would go a long way in closing the gap. Diversity in neighborhoods across the United States should be encouraged so we do not have overwhelmingly white suburbs and majority minority urban neighborhoods. Americans should…

risk management decisions based on the expectation of continued housing price appreciation Faulty assumptions in the model used by credit rating agencies… Gaps and weaknesses in regulatory oversight… Government policies to increase home ownership … lending to higher-risk borrowers… economic conditions, characterized by accommodative monetary policies, ample liquidity…credit and low interest rates”12). According to Peter J. Wallison the 2008 financial crisis didn’t happen because of a lack of…

The chances of rising or falling from the income ladder are about the same. However, employment opportunities are low, and the opportunities that are available, do not pay nearly enough to support families. According to Eitzen and Eitzen, the minimum wage established by Congress is unable to keep up with inflation (65). And as a result, individuals earn a low pay, furthermore, often receive no benefits, such as health insurance or a pension (65). Moreover, face the difficulties budgeting their…

Extent of white-collar crime in the United States One of the biggest problems in understanding the extent of white-collar crime is access to data. Gathering data can be very difficult to do, as there are so many different types of white-collar crimes. Estimates of the cost also vary greatly depending on which crimes are included in the list. These crimes are also increasing when compared to street crime. (Desilets, 2014) The skills required to commit these crimes are becoming more common.…

The Spear-Danes pride themselves on glory and honor in both life and death. The pagan belief in medieval Scandinavia emphasized a natural, earthly life that seemingly urged women, and specifically in the case of Beowulf, men to fulfil their worldly duties. In achieving earthly honor these warriors were eternalized through great stories and song, thus, never really dying. Beowulf portrays Heorot, a grandeur hall in which the Spear-Danes gather, eat, drink mead and reminisce about battles which…