New Orleans I have taken some heat for recommending that homeowners who are underwater walk away from their mortgage obligations in the face of totally, and now admittedly, inept response to the foreclosure crisis by the Obama Administration all facilitated by the total greenwash of the banks by Treasury Secretary Geithner. It seems according to …
Category: Financial Justice
Massachusetts Sounds Warning
Houston A new Paul Revere streaked across Massachusetts and many heard different warnings. Here’s what I took away: Fifty-nine (59) seats in the Senate is still a majority, but it’s a signal that we need to get busy. We should not accept 59 as a rationale to step back or tone down the demand for …
Modernize the CRA
New Orleans US Congresswoman Eddie Bernice Johnson (D-TX) the great community and people’s advocate from Dallas has the right idea and is building support for her bill to bring the 33 year old Community Reinvestment Act (CRA) up to snuff so that it can work for the 21st century as effectively as it did when …