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Banks

Biden transition financial wizards are Obama era regulators….

November 12, 2020 By jamesb Leave a Comment

Joe Biden won't rattle the banks and financial people too hard due to the economy.... But the people he is recruiting are old hands and they are polar opposites of Trump & Co.....Some will be from the 2008-2009 comic meltdown and they will need that experience to deal with … [Read more...] about Biden transition financial wizards are Obama era regulators….

Filed Under: Government, Law, Other Things, Politics, the Economy Tagged With: BANKING REGULATORS, Banks, Biden admin, GARY GENSLER, TRANSITION 2020, wall Street

Barney Frank does NOT want to see Elizabeth Warren as Biden’s Treasury Sec…

July 20, 2020 By jamesb

The former Democratic Massachusetts Senator now sits on the board of a Bank.... He correctly points out that Warren would probably send the Stock Market and Bank's into downturn if she was appointed to the position... She IS a bankruptcy expert and NO friend the big banks … [Read more...] about Barney Frank does NOT want to see Elizabeth Warren as Biden’s Treasury Sec…

Filed Under: Government, Law, Politics, the Economy Tagged With: Banks, Barney Frank, Politics, Sen Elizabeth Warren (D-Mass), The economy, US Senate Democratic Majority, US Treasury Sec, wall Street

US Banks increase their rainy day money reserves….

July 17, 2020 By jamesb

Figuring that right after Donald Trump leaves the stage? (Trump wants MORE tax cuts which would cut even MORE  incoming revenue for Social Security and Medicare?) The same thing that greeted Joe Biden's boss President Obama? when Bush II left The US Economy landing in … [Read more...] about US Banks increase their rainy day money reserves….

Filed Under: Government, Politics, the Economy Tagged With: Banks, Biden, Federal Reserve, Medicare, more tax cuts, Politics, Social Security, The economy, Trump

Home mortgage payments begin to fall behind….

May 21, 2020 By jamesb

Not working....Less money? Ya eat.... You do NOT pay the mortgage... Last time the American economy tanked? It was the housing/real estate market.... And that took years to come back... This economy drop is way worst.... Delinquencies on home mortgages spiked … [Read more...] about Home mortgage payments begin to fall behind….

Filed Under: Government, Other Things, the Economy Tagged With: Banks, Fed Portages, Home Mortgage payments, Housing, Real Estate, recessions, The economy

Joe Biden want’s more stimulus money…With more oversight…

April 25, 2020 By jamesb

He joins the Democratic chorus looking to send money to the states and cities like he and President Obama did in 2009 to handle that recession... Trump & Co., with Democratic approval, have been more about sending money to businesses, except for the $1,200 sent to average … [Read more...] about Joe Biden want’s more stimulus money…With more oversight…

Filed Under: Government, Healthcare, Law, Other Things, Politics, the Economy Tagged With: Banks, Corporations, Joe Biden, Obama/Biden stimulus, Politics, Stimulus Money, Stimulus Money oversight, Trump

The Bank can sent your virus check money to someone u own money to…

April 14, 2020 By jamesb

Just a reality 'check' for those waiting for a government check that you ain't gonna get.... Judgement's against you reported to the bank come before you getting the money... This week, the $1,200 CARES Act payments Congress approved in response to the coronavirus crisis will … [Read more...] about The Bank can sent your virus check money to someone u own money to…

Filed Under: Government, Law, Other Things, Politics Tagged With: Banks, CARES checks, debt judgements, Virus stimulus checks

Warren is out with a wide ranging government anti-corruption plan….

September 16, 2019 By jamesb

The Senator is single handily out to wipe out influence from the banks, big business and big tech... In this role out she seeks to make it illegal for government and legislative people to accept just about anything from those organisations .... The chances for this is … [Read more...] about Warren is out with a wide ranging government anti-corruption plan….

Filed Under: Government, Law, Politics Tagged With: anti-corruption, Banks, Big Business, Congress, Consumers, Democrats, Federal worker protections, Politics, Sen. Warren

To understand the brutality of American capitalism, you have to start on the plantation…

August 15, 2019 By jamesb

A New York Times piece that looks at capitalism and workers rights and the idea of slavery.... A couple of years before he was convicted of securities fraud, Martin Shkreli was the chief executive of a pharmaceutical company that acquired the rights to Daraprim, a lifesaving … [Read more...] about To understand the brutality of American capitalism, you have to start on the plantation…

Filed Under: Government, Law, Politics, the Economy Tagged With: American Economic growth, American Economics, Banks, Capitalism, mortgages, Profits, Slavery, The South, Unions

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