New Orleans The on-line headline on the op-ed page called the current dominant financial practices led by private equity and the rest of the banking world as a “grift.” Dictionaries define a grift as usually a small-time swindle. When people refer to Trump as a grifter, they are thinking of bigger scandals. The …
Category: Banks
Capping Credit Cards at Ten Percent
Pearl River President Trump is flailing as he tries to convince Americans that he is finally doing something about the economy and the issue of “affordability” that has become huge for Democrats. As he grabs at different straws, like suspending garnishments for student loan defaulters or blocking Wall Street’s avaricious pursuit of tens of …
Imperiled Remittances Sustain Economies
Marble Falls As Trump continues to push globalization into the dustbin of history, it’s worth looking at the intended and unintended impacts of remittances around the world. Some may remember that one of Trump’s proposals in trying to attack immigration and migrant workers is to propose a transaction tax on remittances flowing from …


