PATT MORRISON SCHEDULE
Monday, August 2, 2010
1-3 p.m.
CALL-IN @ 866-893-5722, 866-893-KPCC; OR JOIN THE CONVERSATION ONLINE ON THE PATT MORRISON BLOG AT KPCC-DOT-ORG
1:06 – 1:30
OPEN
1:30 - 1:58:30
Banks show sleight of hand with new (credit) card tricks
We aren’t very far removed from historic legislation banning certain billing practices and credit card issuers have already conjured up new ways to take your money. The Card Act was designed to help the customer in many ways, forcing card issuers to give customers more notice about interest-rate increases and restricting some of the more corrupt billing practices. Well it seems like that all could be for nothing. Card companies are quickly replacing all of the old fees, with new ones… literally creating a hellish race between regulators and credit-card companies called “let’s find the loopholes.” The Card Act was set to wipe out $390 million in fee revenue, so don’t think the banks we’re going to sit back quietly. No, they decided to increase the marketing for their “Professional Cards”, similar to corporate cards but with the terms of regular consumer cards. So you can have a credit line like a corporation has, with all of the lack of protection that a consumer card has. At the end of the day will we ever get the banks to play fair?
Guests:
UNCONFIRMED
Rep. Carolyn Maloney, D-New York’s 14th District; senior member of the House Financial Services Committee & Chair of the Joint Economic Committee
CALL HER:
Victor Stango, associate professor at the UC Davis Graduate School of Management; consulting economist at the Federal Reserve Bank of
- Stango, who studies consumer & firm behavior in banking markets, has been analyzing how the Card Act will affect consumer banking.
2:06 – 2:30
CA Board of Education threatens to give the boot to failing charter schools
Guests:
Ben Austin currently serves as a member of the California State Board of Education and is executive director of Parent Revolution, parent advocacy group supporting charter schools & school self-determination
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- He has 2 daughters who attend a charter school in LA
- he directed the successful campaign to transform
Gary Borden, Vice President of Government Relations for the California Charter Schools Association
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2:30 – 2:39
OPEN
2:41 – 2:58:30
Turning “Project 50” into Project 1000’s—innovative ways to help
In 2007
Guests:
Christopher Goffard, staff reporter for the
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Carrie Bach, Homeless Outreach Coordinator for the L.A. County Department of Public Health
CALL HER:
Jonathan Serviss
Producer, Patt Morrison Program
NPR Affiliate for
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626.583.5171, office
415.497.2131, mobile
jserviss@kpcc.org / jserviss@scpr.org