In a continued tightening of oversight on the financial sector, Washington is considering passing broad legislation that will limit the types and amounts of fees that banks can levy against customers. In an attempt to stave off the legislation, Bank of America, J.P. Morgan Chase & Co., and Wells
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09/29/2009
As I watch the health-care issue rage on, I can't help but notice the political divide that this issue has caused. Perhaps it's just because I'm getting older, but it seems that the chasm between Liberals and Conservatives has never been greater. I'm thinking that too many Americans are lookin
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09/24/2009
In July Redding's City Council, approved the appointment of a privatization committee to consider the pros and cons of privatizing or outsourcing city services. The Redding Convention Center is one of the facilities on the list for privatization or outsourcing. Today, September 17th, at 4:00 PM
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09/17/2009
Yesterday, the Federal Reserve announced that The Great Recession, which bulldozed our financial lives into a pile of rubble, is probably over. Home sales have risen for three straight months, the stock market has rallied 44 percent since March, and the June economic indicators showed seven of
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09/11/2009
45% of American Banks make more from overdraft fees than then they do in profits from normal banking activity. What is wrong with an industry whose entire business model is built upon stealing money from the very people who can least afford it? A recent New York Times article outlines a Wells Fa
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09/08/2009
