President Obama Has The Power And Opportunity To Implement Postal Banking

By: Tuesday February 11, 2014 8:28 am

One of the more innovative solutions for America’s underbanked is to use the existing postal infrastructure to provide basic banking services, it would be allow lower income Americans to have easy and safe access to bank services while keeping them away from financial predators such as payday lenders. The concept was discussed in a recent [...]

Elizabeth Warren Wants A Public Option For Banking By Using The Post Office

By: Tuesday February 4, 2014 5:54 am

As we have seen in the last few years much of the banking industry is exploitative and socially useless, but payday lenders may be in a class all their own. They exploit the most vulnerable Americans with disgustingly high interest rates. Interest rates no other Americans would pay. Now Senator Elizabeth Warren is proposing an [...]

Break Up the Banks for a Faster Economy

By: Saturday October 27, 2012 9:39 am

This week, ex-banker Charles Morris, who was featured in the documentary Inside Job, brings us compelling evidence that countries with a large financial sector create lesser economic growth than countries that have restrained that sector. While a well-functioning financial system is key to growth, there’s a balance that needs to be struck, Morris writes: Once [...]

McHenry Plans to Embarrass Himself Again With CFPB Hearing

By: Thursday January 12, 2012 11:33 am

The last time Patrick McHenry, the Billy Zabka of the House Republican caucus, held a hearing with a member of the Consumer Financial Protection Bureau, it didn’t turn out too well. He called Elizabeth Warren a liar and generally tried to bully her, and received quite a backlash in the process. So we’ll get a [...]

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