If government bails you out, subsidizes you, forces people to buy your product, or otherwise does business with you, we the people are owed some basic accountability on the other end of the deal.
A report on the Too Big to Fail Banks and another on unemployment rates are each worthy of huge concern. In combination, they spell very, very big economic trouble for America.
Ronald Reagan governed over high unemployment numbers, and he was covered by a hyper-critical media. Yet today, most TV news outlets are giving President Obama a free pass on equally bleak statistics.
My friend had just earned a $1 million in the midst of the worst recession in 75 years. Was he excited? Hardly. He was too worried about being broke by this same time next year.
The most reliable way to expand tax revenues would be to impose a modest fee on every stock, every bond -- in short, every financial transaction.
Having the FDIC implement higher insurance charges on the banks is wrong on many grounds. For one thing, it's grossly unfair to force well-run banks to pay higher premiums to pay for the sins of Citi, BOA, or Wells Fargo.
In the face of rising consumer outcry and outrageous stories reported in the media, legislators and regulators finally found the political will to make some moves to restrict overdraft protection.
This latest financial instrument is a guaranteed win-win almost for sure.
Anyone who runs a month-to-month family budget knows that in recent years many commercial banks have slowly adjusted account policies in ways that increase their revenue from fees.
Can we really expect the FDIC to effectively regulate the banks that have loaned them money so that they can do their job?
The very same industry that has taken billions of dollars in bailout money from the federal government is not ready to loosen its grip on the cash cow that is the private student loan industry.
Association of Community Organizations for Reform Now, known as ACORN, is in the news again and conservative politicians are going for the jugular vein.
Instead of trying to prevent the government from extending health care coverage, how about going after the banks that pillaged the country?
So far this year, 94 banks have failed and another 500 to 1,000 may go belly up in the next two to three years. Let's take a look at our nation's banks.
The corporate parasites are the loudest defenders of "free markets" and the most vociferous opponents of "government takeovers," when in fact they exist by feeding off the taxpayers.
While executives are dancing with your dollars, the foreclosures they helped to bring on continue to rise. Many banks are dragging their feet, enjoying the bailout bucks but failing to spread them around.
As far as the stock market goes: Don't fall in love with supposedly sure things because the wrong sure thing can kill you.
Why aren't there better security measures to keep people safe while using ATMs? This issue has been around for at least two decades, but little progress has been made.
There is a reason that the American people are losing ObamaHope. It's not just unemployment. The reality cuts much deeper than the everyday lives of normal people.
Not paying your debt and letting your credit score tank seems un-American, but what these banks are doing is completely un-American.
A quick survey of market catastrophes reveals that autumn is not only when the traditional harvest comes in, but also when we reap what we have sown -- whether it's corn or bad economic policy.
