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Last Week Tonight with John Oliver: Trump University and Debt Buyers  Season 3, Ep 14

This week...
  • Trump and his businesses, it turns out, have been involved in over 3,500 lawsuits over three decades. LWT focuses on those concerning Trump University. YouTube: Part 1 (4m) and Part 2 (9m)
  • And Now: Wolf Blitzer States the Obvious
  • Main story: Debt, how Americans are in it (to the tune of $12 trillion dollars), how they get in it (often unavoidable medical reasons), how debt buying has become an industry to itself, and how it operates (predictably, badly) To demonstrate how easy it is to organize as debt buyers and buy debt, LWT organized as debt buyers in Mississippi, set up an EXTREMELY bare bones website, bought $15M of medical debt, the debt of 9,000 Texas people, and forgave it. The cost to them was a mere $60K, but it was technically the largest televised giveaway in history, beating out Oprah Winfrey's famous car giveaway. Oliver: "It is done! It is done! I am the new queen of daytime talk!" YouTube (21m)
[more inside]
posted by JHarris on Jun 6, 2016 - 15 comments

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