ipl-logo

Summary Of The Powerful Benefit By Brittnay Cooper

194 Words1 Page

In the article, " The Powerless Get Punished for Cheating, and the Powerful Benefit", written by Brittnay Cooper, argues that executives are not sent to jail for mortgage fraud that destroy poor neighborhoods. She argues, "Subprime lending fraud by banks like Wells Fargo and other lenders demolished African-American neighborhoods and exacerbated a crisis of black women and families being evicted from their homes yet no major executive has been punished." The only ones suffering From the cheating are the lower-class because those causing the problems are faced with no penalties and feel as though they can continue these immoral actions. Cooper as argues," republicans are using trumped up evidence from conservative activist to press the case

Show More
Related

  • An Analysis Of Thomas Kaplan's House Passes Tax Reform

    338 Words  | 2 Pages

    In “House Passes Tax Bill, as Does Senate Panel” by Thomas Kaplan and Alan Rapperport, both belong to the upper class and are affected by the newly passed bill, suggest that the tax bill passed by Republicans is negatively affecting individuals that are already in the lower class. Kaplan and Rapperport develops their claim by first stating the cause and effect of this bill that, “...actually raises taxes on low-income Americans within a few years”(Kaplan, Rapperport). Secondly, quoting the Senator of Maryland, “You’ve targeted the relief to help the wealthy, and the middle-income families are going to get stuck with it” (Cardin). Kaplan and Rapperport's purpose is to reveal the consequences of the bill in order to explain how it changes the

    Read More

  • Ethan Couch Research Paper

    141 Words  | 1 Pages

    On June, 2013 Ethan Couch a wealthy teen was speeding and caused a crash which he ended up killing four people and injured two. It turns out that his blood-alcohol level was three times the legal limit. He could have faced twenty years behind bars but his attorneys claimed that his affluenza (a product of wealthy, privilege parents who didn’t set rules for him, and doesn’t know right or wrong) made him blameless for his actions. The judge didn’t give him a sentence but ordered for his parents to pay for treatment and got 10 years of probation. His parents agreed to pay $450,000 a year for his rehabilitation.

    Read More

  • Summary Of The Jail And The New Jim Crow

    694 Words  | 3 Pages

    The Jail and The New Jim Crow both describe how our justice system is generally based on people’s conceptions of things, and how our own justice system is creating a new way of discriminating people by labeling, incarcerating the same disreputables and lower class that have come to be labeled as the rabble class. In chapter two, of The New Jim Crow, supporting the claim that our justice system has created a new way of segregating people; Michelle Alexander describes how the process of mass incarceration actually works and how at the end the people that we usually find being arrested, sent to jail, and later on sent to prison, are the same low class persons’ with no knowledge and resources. These people commit petty crimes that cost them their

    Read More

  • James Hamilton's Influence On American Culture

    455 Words  | 2 Pages

    Though it seems that the practices of today are better hidden from the public eye, citizens we would call despicable, if their true personalities and personal activities were known, still find their way to positions of significant influence and power in every aspect of American

    Read More

  • Benefits Of America After The War Of 1812

    426 Words  | 2 Pages

    The success of America in the war of 1812 had many benefits. These benefits were so large that the age after the war are often called, the "Era of Good Feelings.". This name for the era was a result of the large celebration over the defeat of the British, the growth of the nation, and the political union. The war, and victory of 1812 was seen as the final victory of the Americans over Britain. Even after the Revolutionary war British troops remained in several parts of western America, and it was common practice for them to stir up the Indians and encourage attacks on American settlements.

    Read More

  • Jesse James Research Paper

    992 Words  | 4 Pages

    He brings up cases of other bushwhackers who were charged of robbing banks and immediately being “mobbed and

    Read More

  • Gilded Age Industrialization And The Panic Of 1873

    671 Words  | 3 Pages

    One example was the Credit Mobilier scandal where major stockholders of the Union Pacific Railroad formed the Credit Mobilier company and sold their shares to influential congressmen. These executives essentially hired themselves and stole taxpayer money, a very lucrative scandal. Scandals like the Credit Mobilier were widespread and executives from many other railroad companies often stole from their own companies. Many executives would manipulate the rail companies' stocks to profit greatly. Executives would often bribe influential politicians, and work together to profit themselves.

    Read More

  • Examples Of Ethos Pathos Logos

    917 Words  | 4 Pages

    By mentioning the reader’s families and loved ones, he is using a tactic to convince the readers by tapping into their emotions. Later in the article, Obama touches upon what the society is doing wrong in a sense, to therefore make them want to change their actions by believing what he does. “’Too often, law enforcement gets scapegoated for the broader failures of our society and criminal justice system’” (Cohen 1). By stating this, he is making society feel like they should improve themselves.

    Read More

  • The Big Short Movie Analysis

    1221 Words  | 5 Pages

    Secondly, mortgage brokers are seen giving out multiple million dollar loans to anyone and they were actually targeting people they knew couldn’t afford it. This is illegal and very unethical. This also led to the housing market collapsing.

    Read More

  • Analysis Of White Debt By Eula Biss

    693 Words  | 3 Pages

    Equality has been an issue in the United States for a long time. The article “White Debt,” written by Eula Biss, supports the fact that racial injustice still occurs in America to this day and time. Eula Biss is described as an American nonfiction writer who shares her personal experiences as a white woman through several different appeals to approach the intended audience. The purpose of her “White Debt” article is to inform the audience that enough has been done to people of color by the white people and it is time for reparations. The author argues the importance of changing the precedent in transition to form a civilized generation in the future.

    Read More

  • Summary Of The Color Of Justice By Michelle Alexander

    1640 Words  | 7 Pages

    In a “post-racial” society, the notion of race becomes irrelevant in the regular intercourse of society. However, race still plays a major in modern society even though suggests that race should be part of the past. This inability to recognize race in the regular intercourse of life creates an inability to recognize the faults of institutions – including the police and legal system – that perpetuate structural disadvantages for people of color. Michelle Alexanders shines a light on these disadvantages that occurred as a result of race and continued to be seen today in a “post-racial society.” By turning a blind eye to race, the legal system, police system, and government can take advantage of communities of color.

    Read More

  • Underpinnings And Effectiveness Of Carnegie's Gospel Of Wealth

    605 Words  | 3 Pages

    Underpinnings and Effectiveness of Carnegie’s “Gospel of Wealth” In Andrew Carnegie’s “Gospel of Wealth”, Carnegie proposed a system of which he thought was best to dispose of “surplus wealth” through progress of the nation. Carnegie wanted to create opportunities for people “lift themselves up” rather than directly give money to these people. This was because he considered that giving money to these people would be “improper spending”.

    Read More

  • The Tweed Ring Scandal

    830 Words  | 4 Pages

    During the history of the United States, there have been people who have tried to work behind the scenes in dishonest acts. For example, there have been companies and bank that were accused of taking people's money. People who have siphoned money from a person and into their

    Read More

  • Analysis Of Peculiar Benefits By Roxane Gay

    761 Words  | 4 Pages

    The struggles and the right of the less privileged are being ignored constantly. I do not agree with the authors reasoning that an individual making themselves self-appointed privilege police is a selfish attempt to discredit achievements or experiences of privileged individuals. I simply believe that this behavior is a cry out for equality. I have been in a situation where I had to stand almost two hours under the burning sun to get a bucket of water.

    Read More

  • Lehman Brothers: Financial Fraud In 2008

    2178 Words  | 9 Pages

    Executive Summary Lehman Brothers were an investment bank involved in transactions worth billions of dollars and one of the most powerful investment banks in the world. Lehman Brothers collapsed in 2008 following bad investment in the sub-prime mortgage market and used bad accounting practices called Repo 105 transactions to try and cover up the bad assets. This report sets out the use of the fraud triangle when describing the actions which led to the collapse. The pressure applied on the bank, the opportunity due to the lack of regulation to carry out the actions and the ability of the bank to rationalise their decision making.

    Read More

More about Summary Of The Powerful Benefit By Brittnay Cooper

Open Document