In a sign that a leverage point between powerful financial institutions and the general public may have been reached, Bank of America recently announced that it was backing off from plans to institute a $5 monthly fee for use of its debit cards.
Federal regulators recently directed 14 major mortgage servicers to mail letters to 4.3 million customers who could be potential victims of fraudulent foreclosure practices. The letters stipulate that homeowners whose houses were foreclosed on in 2009 or 2010 will be eligible for a free review of their cases by a lender-funded independent consultant.
In an open letter to the citizens of Oakland issued by the Oakland Police Officer's Association Tuesday, Oakland police assured the embattled city's residents that they too are part of "the 99%" of working class Americans, while criticizing Oakland Mayor Jean Quan for sending "mixed messages" to the city.
With her announcement that she will seek the Green Party's nomination for President of the United States in 2012, Jill Stein ended months of speculation among third party political insiders, Green Party activists and Independent progressives. Occupy Wall Street is now buzzing with the news as well.
Despite the electorate's discontent with the federal government's handling of issues like the U.S. economy, its desire for political change appears to be evident as interest in national politics, in a non-election year, remains high.
Nearly 25% of California farmworkers and their families live in poverty and almost 70% have no health insurance. Many face what academics call "food insecurity," which means they're going hungry and often wondering where the next meal is coming from. Since they have no insurance or extra money, any health issues probably go untreated.
Green Party presidential candidate, Dr. Jill Stein, recently announced her bid for the White House in 2012, drawing attention to her outside-the-beltway views, equal and consistent criticism of both major political parties, and her "Green New Deal" plan to boost the economy and create jobs while taking action to protect the environment.
Though the country remains evenly split on its assessment of the President, there is little disagreement with regard to the Congress. Just 9% of Americans approve of the way Congress is handling its job, according to a recent poll by CBS News and The New York Times, an historic low demonstrating deep discontent with the Democratic and Republican parties.
The non-partisan Little Hoover Commission reported in February that the ten biggest pension funds for California public workers face a coming shortfall of $240 billion.
In a sign that a leverage point between powerful financial institutions and the general public may have been reached, Bank of America recently announced that it was backing off from plans to institute a $5 monthly fee for use of its debit cards.
