Bruce Reilly: 2013 is poised to become the most important year of the subprime aftermath. The five-year statute of repose, the window within which cases are arguably eligible under the Securities Act, will close.
John Peeler: Obama, if he could free himself of the Wall Street crowd, is the likelier buyer of Will’s prescription of breaking up financial institutions that are “too big to fail”.
Ellen Brown: Globally, the burgeoning movement for local, cooperatively-owned and community-oriented banks is blazing the trail toward a new, sustainable form of banking.
They can tear down a tent, they can eject a body, but they cannot evict an idea once it is rooted in the hearts and minds of a People.
Kwazi Nkrumah: After U.S. housing prices peaked in mid-2006 and began a sharp decline thereafter, refinancing became more difficult.
Carl Bloice: There are an estimated 3.5 million seriously delinquent mortgages out there. There were nearly 2.7 million foreclosure filings on about 1.9 million homes last year. That’s down from 2007, but it’s still about one out of every 69 homes in the country.
We have been back in the United States about two weeks now but I immediately realized why I had “opted out” of this system. I had not fully unpacked from our trip to Vietnam when my e-mail was flooded with messages from my conservative friends reminding me that the president was “black”, not really from […]
Ellen Brown: The recent interest in state-owned banks has provoked challenges on grounds that they violate state constitutional prohibitions against lending the credit of the state. The argument is not valid.
Randy Shaw: Successful movements must be flexible enough to change tactics in the face of roadblocks, and activists’ camping in public spaces is not strategically necessary for the Occupy movement’s success.
Ellen Brown: Publicly-owned banks were instrumental in funding Germany’s “economic miracle” after the devastation of World War II. Although the German public banks have been targeted in the last decade for takedown by their private competitors, the model remains a viable alternative to the private profiteering being protested on Wall Street today.
Brent Budowsky: America needs new thinking for monetary and fiscal policy. Fed policy has failed. Government policy is inadequate. Ron Paul has advanced an important debate.
Brent Budowsky: If Elizabeth Warren runs, she would bring the serious, honest, baloney-free and respectful debate that is long overdue in American politics.
Charles Hayes: If America is going to have a better future, we need to put our Stone Age feelings of exceptional identity aside and intellectually guard ourselves against emotional manipulation while reasoning our way forward.