Currently our Senators are debating the creation of a stand-alone government agency to protect American consumers from the aftermath of another subprime mortgage collapse. This proposed agency (CFPA) would be regulating and overseeing a vast breadth of financial agencies, most of which have no ties to our economic crisis. Because of this it seems that [...]
The US economy seems to finally growing as it created over 290,000 jobs in month of April enough. Interesting enough most of the jobs came from private sector despite federal government’s heavy investment into government and city projects. Experts argue by US government expanding itself so has reliance on private sectors which is the reason [...]
In the wake of the sub-prime mortgage collapse, and amidst the proposed consumer financial protection bill, it seems that small businesses are finding it tougher and tougher to get access to small business credit. This seems to be one of many unfortunate “side-effects” of both our current economic crisis, and the proposed regulations that small [...]