1. NY TIMES. 8/1/13 : Banks Find S&P more favorable Bond Ratings. Echoes of 2008 crisis; Agency denies conflict as it rebuilds share of the Market. Five years after inflated credit ratings helped launch the FINANCIAL CRISIS, STANDARD AND POOR’s is winning business again. Ignoring a pending lawsuit for these practices, S&P, is again offering … More PUBLIC ADVOCACY: The Financial Tango
1. NY TIMES 7/14/13 Gretchen Morgenson Comments: Bankers are balking at tighter suspenders. CAPITAL requirements are being increased for the largest banks which will make the Banks less risky, by reining in Too Big To Fail. The new Capital requirement will create a buffer for capital preservation. This proposal has the endorsement of the FDIC … More PUBLIC ADVOCACY: Green shoots of change!
Hi there: I’ve just Posted two Bogs, they can be seen@ grandmajsilver on Twitter in their proper order or on Word press thevoiceofjoyce. Look for : Public Advocacy: Progress on the Issues, this 2 nd post is listed under May 18 th when it was started. Sorry for the confusion. Please read and comment, the … More PUBLIC ADVOCACY: Two new Posts released , please read and comment
1. Code for America / PBS Access services on the Web. The Ecumenical Food Program coordinates with Civic Apps. , to link the homeless and others in need with vital distribution services. The young technologically savvy are being encouraged to help cities spend less and work smarter by using Smart phone technology. Sounds like a … More PUBLIC ADVOCACY: Progress on Issues?
1. NY #1 : 80 days after a devastating fire destroyed the ART WORKS of Pratt students, Pratt has solicited and found space to show the student’s new work. Check out the exhibit, open to the public at 375 Park Avenue, NYC , 8 th floor! SUPPORT THE STUDENTS , consider a trip to the … More PUBLIC ADVOCACY: Good things happening plus Financial choices?
1. What do all these people have in common? Bill Clinton, Alan Greenspan, David Stockman, Lyndon LaRouche and Sandy Weill: They all agree Glass Steagall should not have been repealed. They all advocate for the re-instatement of Glass Steagall. Don’t listen to the nay sayers, while it’s true this doesn’t solve all of our problems, … More Public Advocacy: It’s about the money and the Good Life
1. NY Times 4/20/13 Part time workers in Full Time wait for a better job. INVISIBLE underemployed workers do not count toward the standard jobless rate of 7.6%. A broader measure which counts the involuntary part timers as well as those who want to work but have stopped looking, stands at 13.8%. Since the ” … More PUBLIC ADVOCACY: Financial reform/ Economic Concerns/ People
It seems so simple. People want to work. They want to have money to spend. They would like time with their families and communities. What went wrong? Whether intended or not, we’ve chosen the path to Austerity. Just like the Europeans. It was obvious last year that the first and 2nd quarters were going to … More Public Advocacy: The Good Life
1.NY TIMES 4/3/13. B. Appelbaum: A debate in the open at the Fed, Two members of the Fed admitted it was hard to talk about the economic outlook of the Country without being a sourpuss. Mr Lacker, the President of The Federal Reserve Bank of Richmond , said he didn’t expect the economy to recover … More PUBLIC ADVOCACY: Fed Concerns & The Entrepreneur Scene
1. The Economist 3/23/13 The Financial Repression Levy. There is more then one way for savers to lose out. In Cyprus, the overnight raid on savings was a shock. But savers in other countries have also seen a hit to their purchasing power in the form of negative interest rates, a form of financial repression. … More PUBLIC ADVOCACY: Financial Thoughts from The Economist