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Main Street

The Next Trillion Dollar Federal Giveaway To Mega-Banks: Shooting Main Street Lenders For The Sins Of Wall Street

Howard Glaser | Posted 05.25.2011 | Business
Howard Glaser

The Frank and Dodd regulatory reform bills are terribly drafted provisions which will strike a death blow to "main street" lenders and hand over a multi-trillion dollar mortgage market to a few large financial institutions.

Geithner Is "Obama's Rumsfeld": Replace Him With Robert Reich

Paul Abrams | Posted 05.25.2011 | Business
Paul Abrams

Geithner is a continuing liability for this President. By stepping down, he can rightly claim some successes, while also presenting an opportunity for Obama to appoint a Treasury Secretary who fights for Main Street.

Rewarding Failure: Banks Set To Offer Record Bonuses

Damien Hoffman | Posted 05.25.2011 | Business
Damien Hoffman

The future of the US is in a deep pile of dirty diapers if we willingly and knowingly continue to destroy capitalism by rewarding the behavior of failures.

Bankers Expect Rising Bonus Pay To Break Records

Bloomberg | Robert Schmidt and Ian Katz | Posted 05.25.2011 | Business

In Washington and on Main Street, politicians and voters are railing against Wall Street's multi- million-dollar pay packages. In the financial world,...

Happiness in the Post-Shopping Economy

Don McNay | Posted 05.25.2011 | Business
Don McNay

My late mother used shopping as a hobby. If she were still alive, I wonder if she would be looking for something else to occupy her time. It seems many Americans are.

It's Time to Teach Children About Money

Don McNay | Posted 05.25.2011 | Business
Don McNay

I'm convinced that most of the mistakes made handling money result from lack of information and bad habits formed in childhood.

Move Your Money: Tell Us About Your Local Bank

Huffington Post | Adam Clark Estes | Posted 05.25.2011 | Business

Take the pledge to Move Your Money! As national banks soak up bailout dollars, cut lending, and exploit overdraft fees, a number of Americans have de...

The Parable of the Unmerciful Bankers

Jim Wallis | Posted 05.25.2011 | Business
Jim Wallis

It's estimated that the bonus pool of just one of these big banks would have been enough money to prevent or significantly delay foreclosure for all 2.3 million people who lost their homes last year.

Postage and Other Economic Outrages Against Soldiers

Don McNay | Posted 05.25.2011 | Business
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Don McNay

America ships soldiers off to Afghanistan and Iraq for free. If you come back in a body bag, they ship that back for free, too. However, we make families who send soldiers socks, food and underwear pay shipping costs.

Obama Year One: The Public Is A Trust, Not An Option

Dan Siegel | Posted 05.25.2011 | Politics
Dan Siegel

One year since an historic election, where the Obama administration has fallen short in our hopes for a truly new direction, one finds the central conflict to be between public good and private gain.

Arianna: Move Your Money And Make Too-Big-To-Fail Banks Smaller (VIDEO)

Huff TV | Posted 05.25.2011 | Business
Huff TV

Arianna appeared on Countdown with Keith Olbermann Thursday to explain Move Your Money, a project that encourages Americans to fight back against Wall...

Is There a Change In the Weather at Goldman Sachs?

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

A news item appeared this week that at least seems to offer reasonable hope that Goldman is beginning to use its good fortune to help remedy the foundering fortunes of Main Street America.

Escape from Pottersville: The North Dakota Model for Capitalizing Community Banks

Ellen Brown | Posted 05.25.2011 | Business
Ellen Brown

Where can our floundering community banks get the capital to make room on their books for substantial new loans? An innovative answer is provided by the state of North Dakota.

2009: The Year Wall Street Bounced Back and Main Street Got Shafted

Robert Reich | Posted 05.25.2011 | Politics
Robert Reich

If 2009 has proved anything, it's that the bailout of Wall Street didn't trickle down to Main Street. Mortgage delinquencies continue to rise. And people everywhere, it seems, are worried about losing their jobs.

Has Obama Sold Out?

Bob Burnett | Posted 05.25.2011 | Politics
Bob Burnett

2009's biggest story was not the economy, health care, or the escalation of the war in Afghanistan, but rather the resurrection of America's largest b...

Washington: Totally Disconnected From Main Street

Don McNay | Posted 05.25.2011 | Business
Don McNay

Operating a business on Main Street is a lot different than lecturing at the Harvard Economic Club. The team Obama surrounded himself with has spent way more time in a faculty lounge than in the corner barber shop.

President Obama's Entrepreneurial Mindset

Don McNay | Posted 05.25.2011 | Business
Don McNay

I have not seen much evidence of Obama being in touch with small-town Kentucky, but after reading David Plouffe's new book, The Audacity to Win, I have become convinced that he knows what it takes to run a business.

ABC News Profiles Move Your Money (VIDEO)

Huff TV | Posted 05.25.2011 | Business
Huff TV

On Friday, ABC's World News Tonight reported on Move Your Money. Describing the project as a grassroots movement with growing momentum, the report exp...

2010: The Year Main Street Sticks It to Wall Street and Washington

Don McNay | Posted 05.25.2011 | Business
Don McNay

If anyone has ever dreamed of being an office holder, 2010 is the year to do it. There are going to be several situations where voters elect a complete unknown, just to express their anger about the incumbent.

In The Public Interest: It's Time for Main Street to Score a Win - Will Congress Do the Right Thing?

Ed Mierzwinski | Posted 05.25.2011 | Business
Ed Mierzwinski

In 2010, will the Senate be able to reject the self-serving demands of the bank lobby and protect Main Street?

Small Town Values in a Big Time Lawyer

Don McNay | Posted 05.25.2011 | Impact
Don McNay

It could be that President Obama is a small town guy after all. His early adulthood on the south side of Chicago is where he found a "small town" environment that embraced him.

Move Your Money: A New Year's Resolution

Arianna Huffington | Posted 01.03.2012 | Business
Arianna Huffington

Check out this powerful video and see why you should make it your New Year's resolution to move your money out of a "too big to fail bank" and into a community bank.

After TARP Exits, Obama Searching For New Ways To Boost Credit

BusinessWeek | Bradley Keoun | Posted 05.25.2011 | Business

It will take more than a guilt trip to boost credit. With Citigroup (C) and Wells Fargo (WFC) joining JPMorgan Chase (JPM) and Bank of America (BAC) i...

Shahien Nasiripour

No Easy Jumpstart To Get Small Business Hiring Again

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

As 130 business, labor and thought leaders converge on the White House today to discuss ways to create more jobs, the nation's main engine for job cre...

Dems Want Unspent TARP Funds For Main Street Bailout

Posted 05.25.2011 | Politics

Democrats in Congress want to use unspent TARP funds to support homeowners and struggling workers, according to The Hill. More than half of the Democ...