Stop the Subprime Tsunami

Stop the Subprime Tsunami

Predatory lending is the biggest economic crisis since 1929, especially for the black and brown people caught in its grip.


America’s poor–particularly the black and brown people in America’s inner cities–are caught in the grip of an economic crisis “many times bigger than the Savings and Loan scandal.” In a visit with The Nation, the Rev. Jesse Jackson urges action, calling for a “Resolution Trust Corporation” and action by the leading Democratic presidential contenders to face this crisis before it gets any worse. In this VideoNation commentary, Rev. Jackson lays out the problem and his vision for change, starting with a December 10th march on Wall Street.

For more information, visit the Rainbow Coalition online.

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