It’s been a heated election season. When the political dogfights get all the attention, it’s easy to forget that there good policies and institutions out there that receive bipartisan praise, are working well, and deserve to be built upon. The Bank of North Dakota is an important example. Founded in 1919 in response to aContinue reading “The Bank of North Dakota: What a Bank Should Be”
Category Archives: economic justice
Washington CAN! Holds Action Demanding Big Banks To End Foreclosures
On Tuesday, October 26th, at 11:30 a.m., more than two dozen homeowners, friends, and community members marched into Chase Bank in downtown Burien, Washington and demanded an end to foreclosures in the state. These homeowners represented just a handful of the 225,000 underwater homeowners in the state of Washington. The action, organized by Washington CAN!,Continue reading “Washington CAN! Holds Action Demanding Big Banks To End Foreclosures”
Banks and Foreclosures: Where’s the Accountability?
Over the past several weeks Bank of America, Ally, and GMAC have announced that they have will be halting foreclosures in the 23 states that require a judge to sign off on foreclosures before eviction. Did this decision come from enlightened bank management who understand what is needed to stabilize the housing market and pullContinue reading “Banks and Foreclosures: Where’s the Accountability?”
Where’s the Note: Is Your Mortgage Affected?
Recent reports show the bankers in charge of approving the foreclosure paperwork weren’t even reading what they were signing. Wall Street has bought and sold our mortgages so many times, they’ve lost track of who owns what. And now they’re getting caught red-handed. In one state, two banks tried to foreclose on the same home.Continue reading “Where’s the Note: Is Your Mortgage Affected?”
Building a National Movement Against The Big Banks: Organizing Underwater Homeowners
In September, NWFCO joined more than 230 people from around the country for the “Banking for a New Economy” Summit in Chicago, Illinois. We came together to build a national movement for bank accountability – reminding ourselves that the banks created the greatest economic crisis since the Depression, and now we have to make themContinue reading “Building a National Movement Against The Big Banks: Organizing Underwater Homeowners”
$75 Million: For the U.S. Chamber of Commerce, A Small Price to Pay for an Election
The U.S. Chamber of Commerce has been all over the airwaves recently–and not just with its hefty ad buys targeting candidates in the fast approaching November elections. Last week, the Chamber earned a wave of critical press when the story broke that it was funneling donations from international corporations and overseas affiliates into the sameContinue reading “$75 Million: For the U.S. Chamber of Commerce, A Small Price to Pay for an Election”
NWFCO Affiliates Work for Fair Tax Reform
For nearly ten years, the wealthiest Americans have been getting a free ride in the form of tax cuts, tax breaks, and loopholes. This fall, Congress is expected to take up discussions around the Bush Tax Cuts and NWFCO affiliates in Montana, Oregon, and Washington are working with the Americans for Responsible Taxes to ensureContinue reading “NWFCO Affiliates Work for Fair Tax Reform”
Maine Small Business Owners Discuss Expiring Bush-Era Tax Cuts
Early on a Friday morning in September, before setting off on their usual daily tasks, three business owners, all members of the Maine Small Business Coalition, gathered in a cluttered corner of an antiquarian bookstore in Bangor, Maine. Rick Schweikart, Bill Lippincott, and Suzanne Kelly, accompanied by the Chair of the Appropriations Committee in theContinue reading “Maine Small Business Owners Discuss Expiring Bush-Era Tax Cuts”
Washington CAN! Holds Move Your Money Action at Seattle Bank of America Offices
In Washington state, big out-of-state banks such as Bank of America, Chase, Citigroup, KeyBank, and Wells Fargo are using the money from their hard-working customers’ accounts to kill legislation that would help local communities–including a renewal of a $67 million tax break for themselves. While thousands of vital state services are cut and state employeesContinue reading “Washington CAN! Holds Move Your Money Action at Seattle Bank of America Offices”
Washington CAN! Holds Week of Action to Fight Corporate Power
This post was written by Nathan Riding from Washington CAN! The summer of 2010 will long be remembered for the worst environmental disaster in history of our country. The BP oil spill killed eleven men, countless animals, birds, and fish, and destroyed the economic livelihoods of thousands of people. The long-term impact of the BPContinue reading “Washington CAN! Holds Week of Action to Fight Corporate Power”