Franklin Roosevelt: Bankers Incompetence

Posted by admin on Friday, July 8, 2016

Franklin Delano Roosevelt Money Quote saying the untrustworthy bankers are unwisely speculating and writing bad loans. Franklin Delano Roosevelt said:

Some of our bankers had shown themselves either incompetent or dishonest in their handling of the people’s funds. They had used the money entrusted to them in speculations and unwise loans
— Franklin Roosevelt

Google: We’re Banning Payday Loan Ads

Posted by admin on Thursday, May 12, 2016

David Graff, Director Global Product Policy at Google Money Quote saying payday lending search ads are being banned as of July 16, 2016. Google said:

We’re banning ads for payday loans and some related products from our ads systems. We will no longer allow ads for loans where repayment is due within 60 days of the date of issue
— David Graff, Google

Bernie Sanders: Banking, Not Gambling

Posted by admin on Monday, May 2, 2016

Bernie Sanders Money Quote saying we need to stop Wall Street from speculating with small depositors money. Bernie Sanders said:

Banking should be about providing affordable loans to Americans who need to purchase homes and cars, not reckless gambling on Wall Street
— Bernie Sanders

Banking should be about providing affordable loans to Americans who need to purchase homes and cars, not reckless gambling on Wall Street.

— Bernie Sanders (@BernieSanders) May 2, 2016

Elizabeth Warren: Consumers Before Banks

Posted by admin on Friday, November 14, 2014

Elizabeth Warren Money Quote saying we focus on regulating little people before enforcing laws on big financial institutions who break those laws. Elizabeth Warren said:

The American people deserve a Congress that worries less about helping big banks and more about helping regular people who have been cheated on mortgages, on credit cards, on student loans, on credit reports
— Elizabeth Warren