Occupy Opposes LA Foreclosures

Upset with Wells Fargo’s foreclosure practices, protesters held a demonstration on May Day that briefly shut down one of the bank’s branches in downtown Los Angeles.

Who should replace Ed DeMarco?

We need to push the White House to name a banking activist to the position

CFPB report on Reverse Mortgages confirms IW Criticisms

The Consumer Financial Protection Board released a report noting problems in the Reverse Mortgage market similar to those I stated in a prior post.

Green Party calls for a nationwide moratorium on home foreclosures

• Green Party urges Obama, Congress to halt further bank foreclosures: Wall Street firms should suffer ‘austerity’ for the economic crisis they caused, not the American people  The Green Party of the United States called for an immediate nationwide moratorium on foreclosures and urged President Obama and Congress to take steps to halt further actions by banks […]

People’s Trial of Goldman Sachs: Brought to you by Occupy Wall Street and WBAI

Update: This trial and action happened. Protesters chanted “Goldman Sucks”. Chris Hedges and Reverend Billy were arrested as part of the anti-Goldman Sachs demonstration. Story at The Gothamist: here. Note that this event is just in time to get people thinking about Bank Transfer Day on Saturday, November 5th! WBAI 120 Wall Street 10th Floor: […]

Schneiderman Is Said to Face Pressure to Back Bank Deal

Eric T. Schneiderman, the attorney general of New York, has come under increasing pressure from the Obama administration to drop his opposition to a wide-ranging state settlement with banks over dubious foreclosure practices, according to people briefed on discussions about the deal. In recent weeks, Shaun Donovan, the secretary of Housing and Urban Development, and […]

Philly Sheriff cand Cheri Honkala (G) will halt home evictions and challenge bank power

Cheri Honkala, homeless advocate and Green Party candidate for Sheriff of Philadelphia, Pa., pledges to halt home evictions and challenge the power of banks, if elected Cheri Honkala, candidate for Sheriff of Philadelphia, Pennsylvania, has emerged as the Green Party’s highest profile candidate in the 2011 election year. Ms. Honkala’s campaign slogans, “Keeping Families in […]

Is SEC reporting the key to solving the mortgage crisis?

I don’t believe that we will have an economic recovery until we resolve the mortgage crisis.  The media may have moved on to congressional body parts, but the mortgage crisis is still very real and the engine of financial entropy.  In discussions with foreclosure attorneys for the banks, it seems clear to all parties involved […]

How Wisconsin Can Turn Austerity into Prosperity – Own a Bank by Ellen Brown (via Dandelion Salad)

Public sector man sitting in a bar: “They’re trying to take away our pensions.” Private sector man: “What’s a pension?” – Cartoon in the Houston Chronicle As states struggle to meet their budgets, public pensions are on the chopping block, but they needn’t be. States can keep their pension funds intact while leveraging them into many […]

Stalling charity contributions?

If you have any experience with your donation being blocked, or a charity you know being blocked, please do comment below. KW: I find this situation interesting. Wonder if someone should look into it for potential problems or background problems? Last night, my husband tried to donate to an environmental charity on-line. He tried with […]

Nader: The Cash or Credit Conundrum

Could Nader’s idea be extended to say, “Stop using credit cards immediately. Send the banks and government a message by buying less, and paying only in cash.”? A message from Ralph Nader: The Cash or Credit Conundrum Consumers rejoice.  Floyd Norris has just penned a piece for the New York Times titled: “Rich and Poor […]

A Michael Moore/Ralph Nader coincidence: Confronting capitalism on Sept. 23rd

On September 23rd, 2009, Ralph Nader will launch his new, fiction book at an event in New York. The title of the book is, “Only the Super Rich Can Save Us.” Also, on September 23rd, Michael Moore’s new movie — which previewed internationally on September 6th in Venice — will have its US opening in […]

Op-Ed Columnist – Money for Nothing – NYTimes.com

Op-Ed Columnist – Money for Nothing – NYTimes.com …there’s no longer any reason to believe that the wizards of Wall Street actually contribute anything positive to society, let alone enough to justify those humongous paychecks. Originally posted using ShareThis

Jon Stewart skewers CNBC and reinvents financial news

Satirist and television personality Jon Stewart of the Daily Show skewers Jim Cramer and CNBC. Jon Stewart exposes CNBC and the financial news industry for their compliance in the economic meltdown. A new vision of journalistic integrity is put forth for financial news.

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