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Nation Topics - Banking Predatory Lending | The Nation

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Nation Topics - Banking Predatory Lending

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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.

The Supreme Court has done little to protect a nation of debtors from predatory lending practices.

Henry Paulson's latest plan takes us further down to road to state capitalism, whose only principle is to protect the bankers who created the problem.

For years, John McCain backed legislation that decriminalized Wall Street's reckless conduct. No amount of New Deal posturing can hide that record.

Blogs

Bank accountability activists continue to send a clear message to the big banks: “You can run, but you can’t hide.”

April 30, 2013

The Strike Debt movement is planning a Rolling Jubilee—a bailout of the people, by the people. 

November 12, 2012

The great progressive senator fought an often lonely battle to prevent banks and credit card companies from rigging the system against working families. His ally then is running for the Senate now.

October 25, 2012

If every trade carried a cost, how quickly do you think Wall St. would rein in the robots?

August 3, 2012

“Everyone does it” is not an adequate excuse. Will bankers depart with their multimillion-dollar rewards intact?

July 10, 2012

The British banking scandal reveals just how much the world of finance needs an overhaul.

July 9, 2012

In Des Moines, home to Wells Fargo’s mortgage division, protesters took a stand against the bank’s abusive lending practices.

April 23, 2012

With millions still on the verge of losing their homes, why is the head of the Federal Housing Finance Agency standing in the way of solutions for the housing crisis? 

March 21, 2012

Schneiderman not about to let himself be co-opted for Obama’s re-election bid.

January 31, 2012

The bailouts were worse than we thought.

December 6, 2011
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