The Democratic Party’s platform draft for Financial Services states that “[t]o restore economic fairness, Democrats will fight against the greed and recklessness of Wall Street.” Despite these goals, the proscribed policies in the Democrat’s platform will have unintended consequences that will harm consumers, and make the biggest banks bigger and smaller banks disappear. In short, … Continue reading
Since the financial crisis on Wall Street, consumers have been finding their way to the local doorsteps of credit unions instead of corporate banks – and they are realizing that the doors are always open. While banks continue to feed from the pockets of their customers with mounting checking fees, debit fees, hidden fees, and … Continue reading
Mitt Romney – a 21st century Thurston Howell; a Wall Street shill; the man who invented the silver spoon. This is the narrative that democrats have tried to create concerning the republican presidential nominee. And yet during the first debate on Wednesday, Romney sounded a populist tone as it relates to Wall Street and big … Continue reading
