PACE: Last Week Tonight with John Oliver (HBO)

Objavljeno 20. jun. 2021
John Oliver explains how PACE, a program meant to pay for environmentally-friendly home renovations, is fundamentally flawed and can put people at risk of losing their homes.

Connect with Last Week Tonight online...

Subscribe to the Last Week Tonight SLflow channel for more almost news as it almost happens: www.youtube.com/lastweektonight

Find Last Week Tonight on Facebook like your mom would: lastweektonight

Follow us on Twitter for news about jokes and jokes about news: lastweektonight

Visit our official site for all that other stuff at once: www.hbo.com/lastweektonight

Komentarjev

  • I hate that people lost their homes. Maybe there should be more education on debt

  • Process and dealers pushing it is definitely flawed, especially for the poor. However, if you can afford it, there are still big advantages with PACE over other types of loans. The only problem with some are pre-payment penalties. If you can get one with no or low pre-payment penalties and can afford to pay it off in 3-4 years, they would offer huge financial savings over other loans it seems.

  • MERICA ! 😂😂 in Europe this is unexistant. You people have it worst in the world !!

  • Thanks Joe Biden

  • Lol shout out to my fellow millennials weeping in the comments.

  • Wow, l couldn't realise that Ygrene is energy written backwards. Nice one John

  • A guy at work would complain that all the “crack heads” had solar panels but he didn’t get the “free” solar panels. I want to tell him he’s actually the lucky one.

  • *looks at popcorn ceiling... cries*

  • The running snap/Clooney joke is one of the best on any program!

  • Do an episode, on the stupid stuff the PPC Party of canada are saying

  • Is it really Y-grene though? The people from Ypsilanti may have something to say about that.

  • The Solar Panel sellers are in my neighborhood big time. These guys are aggresive too, just like the Cable sellers. Yep, here's the $25,000 solar system on a $90,000 house. Oh, but it will save you money on your electric bill - pays for itself in 10 years. Gotta jump on that deal-NOT.

  • You are an awesome dude John, much kudos and love to you for highlighting corruption

  • You are an awesome dude John, much kudos and love to you for highlighting corruption

  • This George Clooney bit is so fucking good

  • 8:50 this is why you can't just let the market regulate itself. That's like if doctors had a financial stake in the medicine they prescribed you. Genuinely. Imagine a doctor being a shareholder in an anti-cancer treatment, and telling you you have cancer and have to go through chemo.

  • For someone who’s so liberal and for big government you’d think he would have seen how inefficient and wasteful big government actually is. But I bet he voted for Biden.

  • This is disgusting. The guy that developed this should be put in jail. When they create programs they need to think like thieves and predators to close up loopholes. America the great capitalist country is based on how to rip people off.

  • 6:30 sponsored content strikes again!

  • Been binging these. Where I live we have a ton of problems, but there is no fucking way I will ever consider living in the us.

  • I want to know how much Republicans were involve in destroying any potential PACE had.

  • Bro I'm barely past the two minute mark and this guy is speaking such attackful facts about being born after 1985 to never own a home and live a sad life. I feel so crushed...but he is not wrong...he didn't miss. How can you be angry at the truth?

  • Joke's on you John. My mom is also stuck in a cycle of never owning and always renting 😛 Last person in my family that owned a house was Great Grandma. .. Well and Dad.. he has owned multiple houses at one time but he doesn't care much about the rest of us so doesn't feel like he counts..

  • I’m 30 and my wife is 32 and we have owned our house for 5 years now. Wtf is he rambling about? Stop being bums, budget yourself, add some self discipline and own your own home.

    • Did you thank your mom and dad for providing the down payment and co-signing?

  • 15:30 Financial crisis 2.0 in the making ladies and gentlemen. The Big Short 2, coming to theaters fall 2035

  • 0:43 That room truly is garbage. What's with all the ugly green and yellow candles in a place that is shades of brown? What's with all those books? That's not where you keep books. That's not where you would expect anyone to keep books, you might as well have left a stack of filthy dishes that are, just like those books and candles, hogging *all* the space on that little table you'd probably rather have a tea set on. Also, tiled walls? This is a fireplace, not a bathroom. I honestly think she'd have been a lot less shocked if you just removed all the candles and books. It's a mess.

  • Here in germany we have something similar and basically the help of specialists is required to even get any kind of loans

  • there was a whole 2 mins where I felt personally attacked (I'm 24 lol)

  • You should've said FFO CKUF. 😉

  • I CONSTANTLY see ads online for "free" solar panels paid for by the government. The first time I saw one, I immediately thought "free solar panels sounds way too good to be true" and promptly ignored every subsequent ad.

  • So people aren't making the world green when they reno their windows, wow.

  • Thank goodness, as an American Millennial, I'll never have to worry about this

  • "Youre life is sad, and thats okay" - Jon Oliver 💔

  • No loan program representative should be able to approach anyone without a representative for the potential borrower.

  • Capitalism doing great for Muricans. LMAO

  • Oh, another capitalist tried to solve this problem and exploited the people into homeless. Another American story.

  • 600 to 10000? Wtf its a freaking scam

  • Wait you're telling me there's another Democrat responsible for a housing bubble where people lose their homes?

  • We need to stop privatizing management of federal programs. If it’s meant to help people it needs to be administrated by the government. Not private companies that will do their best to extract every dollar possible from every human regardless of the ethics. No more private prisons. No more private companies doling out leans on someone’s house for a supposedly federal program. No more public schools testing being run by private, for profit companies. No more.

  • Scheiße, diese Umstände sind total verrückt, lass uns zum Teufel hier raus. Verdammt, du wolltest nach Hause.

  • 2:15 I feel personally attacked lol The liberal arts degree actually helped me stay out of student loan debt. I could've went for mechanical engineering in a public school instead, but then I'd still be in debt.

  • Is that really Obama?

  • The home owner explanation is so funny and so true 😂😂 its the exact same in the UK as it is in the US

  • long story short.. this is for rich people.

  • I take offence to that, John Oliver. I am NOT so sad that I spend time on TikTok.

  • Being 26 and feel the pain of the opening joke about being under 35. Laughing while crying.

  • I thought this was gonna be about the city of Pace in Florida

  • Ygrene guy seems like a real Elohssa

  • Hey.......my house has popcorn ceiling. And I love it

  • Thank you so much for this video. I was going to do some research about this type of program and you just saved me so much time and effort. Thank you for being the informative yet comical show you are.

  • John Oliver do you how many under 35 year olds that make $250,000+ every year? Every young doctor you see, software engineer will make that money easily. The only reason they have student debt is because they don't want to pay it off. Muthakers wasn't complaining when they are out and driving their Porsche 911

  • PACE: implementing clean energy with neoliberal austerity.

  • "Netflix's own Barack Obama" made me laugh more than it should have

  • 1:50 when your parents and grandparents were forever renters too. Is this a joke I’m too generationally poor to get lol.

  • You took 20 minutes to say: IT'S A SCAM. There.

  • PLEASE!!!!!!! Do a segment on the current Australian Governments appalling vaccine rollout blunder and their absolute incapability to govern our nation. We are currently LAST in the OECD and LAST in all developed countries when it comes to the % of population vaccinated, over 65% of our population is currently in strict lockdowns and this is 100% because our Prime Minister (Scotty from marketing) failed to obtain the necessary vaccines. His government was offered 40 million doses of Pfizer in February and they said "Nah she'll be right mate"... Leaving us with AstraZeneca as the only vaccine available, then when news and reports started coming in about the rare, but serious, TTS Blood Clotting Syndrome, they ran a scare advertising campaign to advise Australians (of all ages) to get vaccinated (with AZ) even though the ATAGI and TGA advice was strongly opposed to anyone under the age of 60 receiving AZ... You ran a segment a few years ago "Other Countries Presidents of the United States" where you featured previous Prime Minister and Scroot Morrisons predecessor, Tony Abbot. You actually featured my song "F*ck You Abbott" in that segment (highlight of my life)... Please once again, shed some light on the ridiculous absurdity of the current Australian Government. Your faithful follower Ryan James

  • Where was she living that she was only paying $600 a year in property taxes?!

  • WHAT IF CURRENT ATTEMPTS CAN'T STOP THE VIRUS? CAN IT BE IN VAST, 90-GOVS-OWNED-VIRUS-FREE-REFUGES, VFR, ATOP CURRENT ATTEMPTS? 2020-2021-STUDY USES SQUARE-ROOT DIFFUSION SCIENCE-BASED-PLAN-B-VFR-ON-500,000 ISLANDS, 30,00 ATOLLS, M-KM-4-LANE-HIGHWAY-SIDES-RECOVERY? Restaurants-SERVICES-IN-BETWEEN? "Answer-not a fool according to his folly, lest thou also be like unto him" King Solomon...

  • Gesus The US can't seem to do anything without ripping people off! Jim browning should change location.

  • 13:19 XD

  • Well, this was all deeply upsetting news.

  • @14:47 They don't miss an opportunity. Anyway, hard to sing when your mouth is full.

  • When looking at something financial, especially in the US, don’t ask “ how much I’ll gain.” Ask “ How big is the dildo you are gonna shove in me? Because I know you all have one. “

  • It’s funny how you think even our parents own homes 😂

  • looking at you #merakisolar

  • Seeing the title i thought it was the Police And Criminal Evidence that john was going to discuss

  • Um... "First we had our roof repaired. Then we agreed to work on a wall. Then we agreed to work on a flour... Then we got confused as to where all these bills came from." Sorry, but if you sign up for lots of work, then you get lots of bills. There is a reason the phrase 'buyer beware' exists.

  • Bottom line, in capitalism, those in charge want everything. Everything. They wanted peoples money, so they sold them houses. Now they want all the property back - after taking everyone's money - so they enforce these "schemes" that will not only get them the property, but charge people for the privilege of them ever owning a property. America is just one big greedy, scam. A cesspool of greed and lies. Capitalism is a cancer. It is a failed experiment and it has reached its end. I don't say this from a 'hippy' point of view, it is bloody evident. In a time where there has never been more "wealth", the rates of homelessness and starvation are growing and where your lives are governed by political donors and not the people, then that is a catastrophic failure... obviously not for those very few who have rigged the system in their favour and subsequently hoard and hide said wealth. Obviously.

  • off to TikTok then...

  • Thanks Obama! (First time iv commented this when it is actually his fault.)

  • What a douchebag ahahahah

  • This guys spitting facts but I can't take him seriously lol

  • Trust Washington to take a desirable scenario and make it an utter nightmare for the public...

  • At least for that poor fellow talked into remodelling his kitchen they can't enforce a contract against someone who doesn't understand what's in said contract.

  • Oof as a millenial I got totally burned in the first three minutes.

  • As always. Program which made socialist government sound good, turned out to bring money to shady businesses and politicians friends. Typical

  • 1:41 * continues rolling joint with one tear rolling down his cheek *

  • Can you do a segment about the SSI Restoration Act of 2021 and all of the limitations of SSI/SSDI, such as not being able to have more than $2k in savings and DAC (Disabled Adult Children, people who go on SSDI before turning 22) losing their benefits if they get married?

  • Funny enough, loans tied to the property _for solar panels_ worked in Germany, but the -free- cowboy market fails in the US.

  • 1:39

  • Terrific John, Thanks … Jon? John I think

  • The USA is a country whose favourite pastime is fucking over one another, rather than just fucking.

    • It's kind of entertaining to observe from the outside actually. A kind of guilty pleasure like watching a fatal car accident.

  • This is reminiscent of third party financing companies (Snap, Affirm, etc.) "PAY IT OFF IN X TIME TO PAY NO INTEREST!" Yet their target demographic is almost unable to pay it off in the interest-free period, and the interest after that point is even higher than credit card interest. My place of employment offers Snap, but I make damn sure they can pay it in their interest-free period before I have them go that route, I hate watching people fall into those holes when they're just trying to get work done that they truly need.

  • Not the Police and Criminal Evidence Act (1984)?

  • Feet partly of iron and partly of clay, I wonder when that image will fall to its ruin.

  • a leftist program that makes life for the middle and lower classes harder and tricks them into huge debts under the pretence of giving them presents and it being green and good for the economy? what a surprise oh wait, it's not. even john oliver is mad about this one, that's saying something. thanks obama (and biden)

    • well you like pewdiepie, MLG and godamn jurassic park ASMR. no ones gonna take you seriously with that mate

  • Brown single dad with an art degree.... sorry did you say something I didn't know?? LOL that's really my life yo.

  • Buy why green? I like purple

  • FFO KCUF

  • i'm amazed at how little oversite there is for you USA and the amount of predatory companies gutting the little guy. why do you elect such bad government?

  • Renting apartments is tight.

  • If you can’t trust the government who you can trust, and where would you turn to

  • Capitalism destroying perfectly good ideas again.

  • 1:41 That hits hard.... every time an elder makes a joke like that, it hits hard

  • John says bundle on wall street and all I hear is that a new global financial crisis is on its way...

  • In Europe owning a home is not a big deal. Why does it matter? A house is a home, not an investment, as happens here in Australia, making it one of the most expensive markets in the world.

  • Looks like The Big Short is getting a sequel...

  • Where i live property taxes are 8-10k already so i know this program isn’t in western NY

  • venturing into the trading world without the help of a proffesionl trader and expecting profit is like turing water into wine, you would need a miracle, thats why i trade with Mrs Katherine her skills set exceptional

    • @Pîñnęd. By. STOCK UP! Wįth LARRY JONES Username@katherineofficialtrades

    • @Callum Carter she's available on telegrm

    • how can your broker be reached?

    • i have traded with a lot of indiviidual but i have never come across anyone as good as Mrs Katherine Anderson just by applying her stategies. i now trade independently.she is the best i do adviice novice in investing to trade with her

    • @Pîñnęd. By. INVESTANSWERS It’s amazing how accurate her market analysis are, and how good and patient she is with beginners and newbies.

  • I lolled when George Clooney came up. 🤣😂