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Posts Tagged ‘ predatory lending ’

Mortgage Crisis - the Case For Regulations

This writer is a fiscal conservative who believes THE GOVERNMENT should simply do their job.  Partisan politics shake out like this - The Democrats act like the Government is the mission - and the Republicans think the Government has no mission.  They are both frustratingly wrong.  The Bush Administration’s Treasury Secretary Henry Paulson is leading [...]



Banks do Business with Predatory Lenders

I was in my bank the other day to roll over my wife’s 401k, and I was browsing all of their literature while I waited for the financial advisor. I don’t usually pay any attention to all of the stuff along the wall because I already have all of the banking junk that I need [...]



Debtor Nation - and deregulation of banking

Son,
The current administration of George Bush has led directly to the faltering of the stock market. This follows with a faltering of our economic security and then, ultimately, our national security.
So how does the administration get credit for this mess. The administration turned a blind eye to their corporate buddies who were gouging the populace [...]



Boston Legal on Predatory Lending

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I enjoy the TV program Boston Legal. Their stories are right out of the headlines. Last evening one of their ‘legal’ cases surrounded home foreclosure.
Clarence, an employee of Crane, Pool?, and Schmidt, was two months behind on his mortgage payments because his interest had ballooned to 12%.? He had originated the [...]



A Proud Man and His Family - 1950’s

Son,
Your grandfather is a proud man. My mother stayed home to take care of the seven children - he worked two jobs to provide the basic necessities. He would never take a handout. Suggest government peanut butter and cheese to him and you might have a little squabble. I said that wrong - your grandfather [...]



The Scout Initiative: part 1

Dad,
I am not talking about boy scouts. I have been thinking more about how to deal with social injustice, and I dug up this clip from To Kill A Mockingbird. There are layers of great stuff in this clip:
There are several examples here of the actions that make a social movement. When Atticus learns that [...]