The Consumer Finance Protection Bureau has an impressive record of taking on financial industry pirates and renegades. In a short five years, CFPB has taken legal action against banks, mortgage companies, credit card issuers, payday lenders, debt collectors and others, the AP reported, resulting in the recovery of $11.7 billion that was returned to more than 27 million harmed consumers.
Last week the CFPB went after Navient Corp. and two subsidiaries, looking for restitution for affected borrowers and money penalties, after the company allegedly cheated struggling borrowers out of their rights to lower their payments “through shortcuts and […]Full Story... →
Our new president continues to live in unpresidential style with his reliance on Twitterboarding us with whatever comes to mind. If we think he factually errs, he dispatches Kellyanne Conway with grade school rulers to slap our fingers with “alternative facts”.
On his first full day in office he has already perfected George Orwell’s lexicon of new words with extraordinary convenience. My favorite from Orwell’s “newspeak” collection is “blackwhite” – defined as “a “contradiction of plain fact…a loyal willingness to say that black is white when discipline demands it.”
So Kelly isn’t really breaking new ground with alternative facts, which […]Full Story... →
The bullies among us have often made us falter. The bullies among us refused to sign a Declaration of Independence that condemned the slave trade at our nation’s founding, instead striking out the paragraph. Those who stood up to the bullies were the Quakers and the Moravians, and the statesmen who founded the Pennsylvania Abolition and the New York Manumission societies shortly thereafter.
For every bully like […]Full Story... →
In a blink, Donald Trump defiled America.
In a blink, Donald Trump cheapened the presidency.
In a blink, Donald Trump intensified our fear that he is monstrously worse than we had come to know during the campaign.
With four previous presidents – two Democrats and two Republicans – seated within the fetid reach of his words, he chose to declare in his dictatorial inaugural speech that only he would be able to relieve America of the “carnage” that they had carelessly left behind. The road show that ended at the Capitol emboldened him to double down on his King Kong […]Full Story... →