Nearly every state Attorney General in America has sued subprime lenders for their predatory lending practices. Congress acted to roll back the predatory practices of credit card companies. Yet across the country, there is a massive effort to expand the most predatory institution still standing in America – the government program of predatory gambling.
Watch this brief video produced by The New York Times that interviews people about the government program of predatory gambling. Why is government, in our name during these economic times, encouraging people to lose the little money they have on virtually worthless gambling products?