Tuesday, October 11, 2011

The “Poverty Business"- dividing the opportunity divide!


Today in the “Poverty Business” world these companies who are exacerbating the opportunity divide with low-wage earners are those don’t really care about our community in helping it become better. The companies try and target the poor by offering those loans knowing that they can’t afford to pay them back. This is their profit to pull out extra money and tax those who already don’t have the funds in the first place. It’s very disappointing to see those companies get away with taxing the poor and leaving the wealthy alone separating the opportunity divide. “Good Cars for People Who Need Credit” I disagree with this because I feel that they should let people who can’t afford cars with good cars to start off their credit. This here is already dividing the opportunity divide with the poor and wealthy, making the wealthy feel as if they don’t have to worry about money and making the poor seem as if they need to grab all their finances and pay for a good car. Who is responsible for these alleviating issues is the individual themselves because we as individuals do not take the time to read the fine prints that we sign, because if there’s money involved we get to money hungry and don’t take the time to read what we are about to sign. Here is a quote I picked out the article, “she said BlueHipHop would debit the account for $124, and Humphries then would owe 17 payments of $71.98 every other week” (p6). Now notice that it says every other week, we don’t look at these important sentences, I feel like this is where the Poverty Business gets over.  Therefore those who are poor need to look for other resources to get money because those companies are out there to dig in our pockets and take everything we own, making us think they are there to help but really they are taxing us more than we ever borrowed. The government provides for a transiency of people, money for those in need we just don’t have the resources to use them or don’t know any resources out there that helps us.

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