New Orleans The House directory may say that Bob Goodlatte is the elected Representative from Virginia and now, thanks to the drift of time and the Republican seizure of control of the Congress, he is also Chair of the Judiciary Committee. Regardless of what the directory says though, Goodlatte is quickly proving he may have …
Tag: bank bailouts
Bank of America and JP Morgan Chase Fleeing Community in Face of More Accountability
New Orleans Banks have become either near criminal enterprises or complete criminal enterprises. This is no longer a matter of speculation. This is now a documented fact with confessions made in the dock. Even with the very minimal supervision being given big banks by regulators and the vast loopholes in any banking laws, some are …
Banks Not Victims Get Yet Another Foreclosure Bailout
New Orleans We were all clear when the Obama Administration announced changes last year to the HARP (Home Affordable Refinance Program) that seemed to favor refinancing that these changes were not going to provide relief to homeowners desperately trying to hold on and resist foreclosure. I thought that was the real issue with the latest …
Chase, Dimon and Arrogance before Fall
San Miguel de Allende It’s a dogpile now, so I feel totally justified in saying “I told you so” for the umpteenth time after years of being a Cassandra about the damage that Jamie Dimon, JP Morgan Chase CEO, and his bank had done to the country by bullying the Treasury Department and Obama Administration …
Pampered, Rich, Lazy Bankers Dis Prez
New Orleans The meeting between a dozen big bankers and President Obama was just for show anyway, but three of the big dawgs were too trifling to make it from New York to DC for cryeye because of fog. The three scofflaws were Goldman Sachs, the poster child for banking excess, Citigroup, the face of …