Manns Medium

Today one of the top stories was the billion dollar loss suffered by JP Morgan Chase Bank through one of its division.   To hear it being reported some were quick to tell us that it was the bank’s money and not depositors so we should really not be that concerned about it.   Some were saying how this could now re-open the push for stronger regulations of the big banks and even a deeper look into breaking them up.   What they have forgotten is the fear this news instills on the millions of customers of JP Morgan Chase. The fear is that even though this was their money and did not come from their depositors, one still wonders just how they will attempt to make it up.   It was reported that even though this was a major loss, the company as a whole will still show a decent profit because of the many arms of Chase Bank.   Still those of us who may know better, will still be on the look out for an increase in services that JP Morgan adds to their customers. For thos...

It appears that every single time, Washington does anything to help ease the pain of the middle class and poor in this country, some egghead or a group of them see this as an opportunity to take advantage and make money on the backs of those who have suffered most in our country.   When are we going to say enough is enough and start hitting back?   When will the middle class and the working poor stop being a victim and start reclaiming our mantle as more than just dollar signs with legs to those who prey on us? Recently, the Obama Administration secured a very large down-payment for those homeowners who have done the right thing and kept up with their mortgage payments even though they were the only ones playing by the rules.   The task force assigned to bring those responsible for this casino creation to justice is still working diligently and for those Americans who did all that they could to keep their homes and their American Dream alive but were victims to th...