Bloomberg News and the New York Times have documented nearly $13 trillion dollars given or promised by the Federal Reserve and the government since the Lehman Brothers bankruptcy in September 2008. While this $13 trillion includes TARP money and some recovery money, there is much more in a variety of Federal Reserve programs where we don't know which banks and corporations have gotten money and how much. Because ...more »
Idea summary - Create a website similar to this one which allows people to vote and comment on the service their banks have provided them. Individuals and small businesses can review the comments to help determine which bank they want to do business with and the information is also available to all government officials to review the service level of the banks they are providing taxpayer money to.
A new type of bank charter is proposed for national banks that operate at a level of higher transparency as to their environmental, social and other impacts (Impacts). This charter would allow such banks to be designated as CDFIs: Community Development Financial Institutions, free of geographic constraints, so that "community" equates to semantic concern. In exchange, such high transparency banks would be required ...more »
This should have happened when the government took over WAMU but there will be more opportunities with other big banks that are still floundering out there. When the next big bank fails turn it into a true National Bank(providing the new bank with accessible branches). Part of the stimulus money would be used to make it solvent. Once it's up an running it should offer credit to qualified customers/buisnesses at a rate ...more »
"You will know a tree by it's fruit." Matthew 7:16 The Obama Tree is a black Oak. The leaves protect the tree from the light of truth. The bark is hard and callus to prevent transparency. The fruit is the ACORN, to reproduce itself again and again. The roots of deception go deep into the American soil. By David Craig Mastrianni © 2009 Toalterorabolish.com Please help me report any copying of the ...more »
If you had a choice between being an American citizen or being a citizen of Heaven, which would you choose? For our citizenship is in heaven, from which also we eagerly wait for a Savior, the Lord Jesus Christ; Philippians 3:20 I am choosing being a citizen of Heaven since Obama and his team is taking America straight to world citizenship, and then straight to hell. Citizen of Heaven = Thumbs up Citizen of America ...more »