Friday, March 25, 2011

Debtors’ Prisons - Have we officially returned to when the Robber Barons ruled?

We know that millions around the nation have been screwed over by predatory lenders and fine print credit card contracts – and now are swimming in debt. But can you believe that some of these people are actually being thrown in prison for going into debt? That’s right – American in the 21st century is bringing back debtors’ prisons. People who can’t pay off their credit cards can be thrown in jail in a third of the states in our nation – and since the start of 2010 – over 5,000 arrest warrants have been issued against people who owe as little as $1,000 to massively profitable corporations like Capital One.

Have we officially returned to when the Robber Barons ruled? | Thom Hartmann - News & info from the #1 progressive radio show

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