Overdraft Fees Send Scores to Check Cashing, Payday Loans

Exorbitant Overdraft Fees Erase Funds of the Working Poor
In the 1960s and 1970s, many of America’s largest banks decided to go “where the money is” by pulling their branches out of the inner cities and focusing more on affluent areas. It may be sheer coincidence that infamous bank robber John [...]

In what universe does a one percent check cashing fee exceed a $35 overdraft fee for overdrawing a checking account by $.01? (Photo: flickr.com)

My Solution to Narrow the Gap Between Haves and Have-Nots

To dream the impossible equation
A few days ago, as I was reading about one very wealthy person getting engaged to another very wealthy person, I came up with a solution to poverty. Unfortunately, it is a solution that only works mathematically, not realistically.
My idea is this: if rich people married [...]

George Clooney had the right idea when he dated a waitress. That could just be the way to end poverty.

Strawberry Festival in Indianapolis Feeds the Hungry

Strawberry Festival fills tummies near and far
Whether you’re hungry or want to help someone who is, the annual Strawberry Festival in Indianapolis is there to help.
Statistics show that  one in 10 people in central Indiana are unemployed, and more than 80,000 children live in poverty, and for 44  years Christ [...]

strawberries

Did the Knights Templar invent the concept of Payday Loans?

Did banking arise from knighthood?
If we search back through history, we may find that today’s concept of payday loans goes back about a thousand years. In the early-mid 1100’s, there came to be a group known as the “Poor Fellow-Soldiers of Christ and of the Temple of Solomon” (were they [...]

Excerpt from a mosaic in the church Santa Mari...