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.
So let me get this straight – a few years after the financial crisis where massive fraud was perpetrated by Wall Street – not one bankster is in jail – but 5,000 low or middle-class Americans who were screwed over by these banksters were sent to debtor’s prison??
It’s official - Republicans have set our country back more than 100 years – to the 1800’s – when the Robber Barons ruled and our politics were corrupted to the core.