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
Not in everything, but definitely in this, the founders were right. The financial industry got too powerful, and they assumed and operated as if they were above the law. And the rest of us paid a huge price, and are paying it still.
Saying millions of families should wait until the "market clears" is the modern equivalent of "let them eat cake." Clearing the market is an economist's term for letting the tidal wave of foreclosures continue.
The terms for the settlement of the robo-mortgage scandal and the states participating in the settlement are expected to be resolved soon. Unfortunat...
If we want crooks behind bars -- and if want to stop future financial crimes -- we need to rebuild the foundation for effective prosecutions by appointing regulators who believe in the mission and have a proven record of success.
A healthy skepticism is an activist's best asset, and we need to keep banging away to hold the administration accountable in its belated response to mortgage fraud.
If the mortgage settlement turns out to be the final installment of relief for homeowners, it will be a colossal failure, both as economics and as justice.
Over the intervening three years, what did Obama do? Well, we got a stimulus package, and then a year later an absurdly complicated new law that addressed everything except the most important issues. And that's about it.
Tomorrow is the deadline for state attorneys general to sign on to a joint federal and multi-state $25 billion settlement of the robo-mortgage scandal...
The long rumored robo-signing settlement, which has been a few days away from being inked for about a year now, seems like it is moving toward completion.
It is time to deliver the first installment of relief for homeowners that have not a moment to lose.
The White House has a good set of ideas out this AM to a) help the housing market and b) help small businesses and start ups. The former sounds good to me; the latter, less so.
Nevada's unfortunate status as ground zero for foreclosures may last a while.
What has happened over the last five days indicates that the conversation about the effects of bank lending practices has progressed. It also shows that grassroots activism makes a difference.
Never wake a sleepwalker. That piece of advice is actually a myth, but the stock market sure wishes it was still asleep today. U.S. stock prices are...
We are building a movement to reclaim our communities for all members: not just those who set the rents. We must make clear the myriad of ways in which our community members are treated as though they are less than human.
The Florida housing market represents the worst of the bubble and hope for recovery. Let's hope the Republican candidates have something to say about it, because Florida voters will.
