If you have something to say...
Say it on the Huffington Post
If you have something to say...
Say it on the Huffington Post
The Blog
What bothers you? I mean, what really grates on your nerves? Chances are, whatever the problem, others feel the same way. I made my first fortune in starting a company that automated the credit card industry, because paper cards were very problematic and really grated on the nerves of bankers.
The global financial system remains fragile. It is urgent to restore confidence in the euro area and beyond. Otherwise we run the risk of a deepening of the crisis, with far-reaching global economic and social consequences.
Traditional banking is a difficult, commoditized service business, shorn of products that make fat profits. That's the reality that no one ever speaks of when they cry out to revive Glass-Steagall or when they wax poetic about the joys of small-town banking.
Rental apartments are back in demand, financing for hotels and motels is loosening up a bit and investors are stepping off the sidelines with wads of cash to do deals.
For too long, small businesses have been struggling to bear the brunt of the recession. Lending has all but dried up, and too many lawmakers are spending more time playing politics than working to pass smart legislation to help them. How do we know small business owners feel this way? We asked them.
With the right set of measures, the worst can definitely be avoided, and the recovery can be put back on track. These measures can be taken, need to be taken, and need to be taken urgently.
Banks are making money with money rather than providing the services to society that they were originally established for: collecting and rewarding savings and using these funds for investments that would enrich society.
Usually, stepping into the waiting room at this attorney's office felt like wiggling into too-small jeans. But, when I arrived recently, representing a client selling her home, I didn't need the 10 minutes I allotted to find a parking spot.
Temporary relief for a temporary situation; isn't that precisely what the loan modification is suppose to address?
One year ago I listed ten quotes by Dr. King, and mourned the lack of a movement that would advance his kind of vision. Then came the uprising in Madison and the Occupy movement, which began a long-overdue national debate about economic, as well as racial inequality.
When Injustice Becomes Law, resistance Becomes Duty. -- Thomas Jefferson. #Whilewewatch is not a film you walk out of saying you "like" or "dislike."...
The backlash after the next financial calamity will make the Dodd-Frank Act look so mild that many will wonder if it was written by bankers themselves. Handcuffs and prison sentences will not likely be in short supply next time.
While the anger and fear that dominate our discourse is justified, it cannot be allowed to blind the electorate to certain realties. Who is the one standing behind the curtain giving voice to the Great Oz?
Let me give you some advice I have been giving to people for a decade: quit listening to what your politicians are saying and start watching what they are doing. If you look past the propaganda you'll see that the U.S. government is anti-small business.
While Occupy protesters have been criticized for failing to propose many real solutions, one thing they have proposed is that consumers "vote with their feet" by moving money out of the larger financial institutions.
