New Orleans The queue to “count coup” on Bank of America and its decision to step back from stealing debit card fees from its customers is almost unseemly. We expect it from politicians, and props to Senator Durbin, VP Joe Biden, and the rest of the DC gang for the pile-on, which in fact [...]
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Orleans Given all of the niggling around the impact of the Occupy Wall Street movement and its impact, it is worth raising some footnotes a little higher on the tally sheet where the results are important, but perhaps unnoticed. Take these recent developments into account. New Orleans As President Obama tries to throw muscle up for the political season yesterday we saw some bank subsidization through refinance charges and lower monthly payments for homeowners trying to hold onto their houses regardless of whether or not it makes good economic sense anymore in their local market. Basically, they “won” lower [...] Palermo Big props to my brothers and sisters back in the hometown where Occupy New Orleans put 1000 on the street according to estimates from professional organizers I know and love! Yes, that was more than double the numbers in DC and many other cities, but, hey, we’re now that kind of town. We [...] Phoenix Winning any kind of global financial justice for low-and-moderate income families is admittedly a slog, but misery loves company, and I cannot resist keeping you in the loop as ACORN International pushes forward on these campaigns. Good news first. Our report, “Mega Troubles for Microfinance” www.acorninternational.org, picked up some friends in high places, which [...] New Orleans On a plane recently the window seat passenger next to me was a regional training manager for the largest consumer credit counseling outfit in America. She told me they were cutting out a huge portion of their low income home counseling efforts because of cutbacks at HUD. A recent article in the New [...] |
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