Quito Last night sitting in Casa Damian, an amazingly good Spanish restaurant in Quito, with two companeros, one of whom was a former chief adviser to the President Rafael Correa now working for the government on how to revise the procedures and update the judicial system and the other a former communications and policy adviser …
Category: Financial Justice
Remittances Increase from USA, Progress on Disclosures, and Pushback from MTOs
New Orleans I badly want to say that there is finally progress in the United States on remittances, which are financial transfers from immigrant families, migrant workers, and others to their families and communities back in their home countries. The Wall Street Journal reported that the volume of money being remitted has in fact gone …
The Destruction of Citizen Wealth
New Orleans It is hard to miss the markers of the precipitous slide of US citizen wealth flowing from the Great Recession. New figures from the Census Bureau indicate another dive for the 4th straight year (obviously starting in 2007 in the Bush era). We now stand a hair above $50,000 in median household …