JP Morgan Chase faces lawsuit for fraudulent debt collection

JP Morgan Chase Slammed for Debt Collection Fraud

By Bill Fay | May 17, 2013

Is the bank that issued your credit card dunning you for money it says you owe it? It’s possible. There’s nothing wrong with them trying to get it, as long…

partisan budget battle in Congress

Nobody Winning Partisan Budget Battle in Congress

By Bill Fay | March 26, 2013

Before the ink dries, there will be at least six budget resolutions offered and voted on in the House of Representatives: The Paul Ryan budget, a budget crafted by moderate…

big banks too big to go to jail

Feds’ Handling of Big Banks Means Unequal Justice for All

By Bill Fay | March 18, 2013

If anyone in America still has faith in the quaint notion, enshrined in the Pledge of Allegiance, that we live in a country where there is “justice for all,” it…

sequester takes effect

Sequestration Cuts Likely Will Increase Airport Wait Times and Delay Tax Returns

By Bill Fay | March 1, 2013

If you are like every elected politician in Washington and have successfully ignored sequestration for the last 19 months, button up. The effects of the federal government’s disastrous financial policy…

obama sequester

Obama, We Need President Who Can Lead and Not Blame

By Bill Fay | February 28, 2013

Government services, teaching positions, research projects and hundreds of thousands of jobs are about to be cut in another self-inflicted crisis in Washington – The Great Sequester – and what…

Obama sequestration

Countdown to Sequester: Obama Pushes for Last-Minute Fix

By Bill Fay | February 25, 2013

There is no momentum in Congress for passing legislation to stop sequestration – the $85 billion mandatory budget reduction scheduled to take effect March 1 – but that hasn’t stopped…

sequestration debt ceiling

Five Things You Need to Know About Sequestration

By Bill Fay | February 18, 2013

President Obama and Congress are about to drag the country through another round of fiscal nonsense that likely will reinforce their reputations as indecisive politicians. The two sides are shadow-boxing…

state of the union

In State of the Union, Obama Focuses on the Economy

By Bill Fay | February 13, 2013

America needs a reality check. At least, that’s what President Obama said in last night’s State of the Union address. While the president acknowledged the fact that the economy is…

post office

Do We Need the Post Office Anymore?

By Bill Fay | February 7, 2013

America’s never-ending ping-pong match with the United States Postal Service – I love it! I hate it! Close it down! No, keep it open! – is back on. The announcement…

SEO Chair Mary Jo White

Is the New Head of the SEC Dr. Jekyll or Ms. Hyde?

By Bill Fay | January 31, 2013

President Obama’s nominee to head the Securities and Exchange Commission (SEC), the government agency charged with regulating the nation’s stock exchanges and securities markets, is Mary Jo White. How White handles…