Saturday, October 23, 2010

Obama: Consumers lose if financial law repealed - Yahoo! News

Obama: Consumers lose if financial law repealed - Yahoo! News

The banking laws are not a common subject of discussion however I personally believe they are some of the most important laws effecting our economy at this time. It's not just those who have been sloppy with their bookkeepping that have been affected by the fees. Having worked in banking in the 80s I firmly believe that these laws were critical to begin to restore the "customer first" policies needed within the banking industry.

The banking industry has brought this country to it's knees and it's time for us to stand up again. These banking laws are not a democratic or republican issue - they are a people issue.

Friday, October 1, 2010

Bank of America added to the list.

http://news.yahoo.com/s/ap/20101001/ap_on_bi_ge/us_bank_of_america_foreclosures

Honestly this all just makes me sick to my stomach at times.

Chase freeze on foreclosures - Read why.

http://moneywatch.bnet.com/saving-money/blog/home-equity/will-chases-foreclosure-freeze-fix-the-housing-market

I'd like to think that this freeze comes as a help to American homeowners but I would be wrong.  Information is mounting about the unfair practices used that caused so many people to leave their homes.

Remember the story of the scorpion who asked the frog to help him across the river?  This was one mighty big scorpion.