Smart on Money Banking Blog link

It has been ages since I have shared on this blog but I found Smart On Money seems to be keeping up and trying to inform people of new developments in the banking industry.  For those interested it may be a good blog to subscribe to.

My views have become quite solidified and my approach simple: Unfortunately it is necessary to have at least one account to cash checks and facilitate transfers of funds for monthly expenses, beyond that banking is no longer an industry to be trusted.  Used car salesmen now get to take a place of integrity above the major banks.  Small local banks still are a good service but becoming harder to find. AIG also has had high ratings from a number of financial bloggers.

Smart On Money

new-ways-bankers-are-spying-on-you: Personal Finance News from Yahoo! Finance

new-ways-bankers-are-spying-on-you: Personal Finance News from Yahoo! Finance

Remember, everytime you opt for convenience you opt to give up a little more of your privacy. If you have not read George Orwell's 1984 it might be an eyeopener. We have arrived. Another good book to rattle your thinking is None Dare Call It Conspiracy.

Obama: Consumers lose if financial law repealed - Yahoo!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Obama: Consumers lose if financial law repealed - Yahoo!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

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.

In The Trenches - Budgeting for Financial Survival and Recovery: Nearly 50 percent leave Obama mortgage-aid program...

In The Trenches - Budgeting for Financial Survival and Recovery: Nearly 50 percent leave Obama mortgage-aid program...: "Nearly 50 percent leave Obama mortgage-aid program - Yahoo! Finance The biggest question that comes to mind when reading an article like th..."

In The Trenches - Budgeting for Financial Survival and Recovery: JPMorgan (NYSE: JPM) to Increase Staff in Asia by ...

In The Trenches - Budgeting for Financial Survival and Recovery: JPMorgan (NYSE: JPM) to Increase Staff in Asia by ...: "JPMorgan (NYSE: JPM) to Increase Staff in Asia by 40%. : American Banking News For some reason this article really puts me on alert. Yes, ..."