Tag Archives: Financial

Government Causes Housing Crash Then Sues Everyone Else

The U.S. government on Friday sued 17 banking firms for their roles in the housing crash. The financial institutions are being accused of selling $196 billion dollars of now-toxic mortgage backed securities to Fannie Mae and Freddie Mac. The Federal Housing Agency (FHA) filed suits against Bank of America, Citigroup, JP Morgan chase and 14… Read More »

ACA of Texas Offers Financial Literacy Tips for Parents

AUSTIN, Texas, Aug. 30, 2011 /PRNewswire-USNewswire/ — With Texas students from kindergarten to college heading back to school, adding financial literacy to your child’s curriculum this fall can teach invaluable skills for today and in the future. “It’s never too early or too late to talk with your kids about personal finances,” said ACA of TexasPresident Jack Fischer. As outlined in USA… Read More »

Wall Street Posts Record Profits, Where is the Financial Reform ?

     For those of us caught hoping and praying for an economic recovery, some very alarming news from Wall Street was reported today.  While many folks are unemployed, losing their homes and trying to feed their families, the  Obama Administration is content to let the Fatcats of wall street continue to rake in massive amounts of… Read More »

White House Blog: Watch Out for Loopholes in Financial Reform Bill

Dan Pfeiffer, the White House Communications Director, posted on the White House Blog, “The 10 Most Wanted Lobbyist Loopholes”. Mr. Pfeiffer is basically telling us that lobbyists are working to weaken Obama’s “Wall Street Reform” by limiting provisions in the bill.  Some of his concerns are things that we should genuinely look into, but others… Read More »