Nation Topics - Banking Predatory Lending
News and Features
Banks have polluted the economy; it's a matter of equity and efficiency that they clean it up.
America's largest financial institutions are insolvent. It's time to face the truth and take the painful actions that will allow the economy to recover.
Of the three tax-challenged Obama appointees, only Timothy Geithner has survived. Is that luck or is there still something special about being from Wall Street?
Why rush to throw another $350 billion of taxpayer money at the Wall Street bandits and their political cronies who created the biggest financial mess since the Great Depression?
Instead of facilitating mergers, we should be reregulating the banking industry and enforcing real transparency.
Forget big bailouts. The fed should finance non-profit state banks like the Bank of North Dakota--no profit means no reason for bankers to misbehave--to get real money to real people in the real economy.
Obama, who promised change, has put the same old Wall Street hustlers on his economic team. Maybe he could send us an e-mail to explain.
No more free money from Washington. No more masters of the universe. No more business as usual.
If nationalizing banks is suddenly on the table, what else might be placed there?
The real scandal of the year is that Eliot Spitzer, brought low by his own bad behavior, had predatory lenders in his sights.
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