Maggie Walker: First Woman to Charter A U.S. Bank – Done Before Women Achieved Suffrage

Maggie Walker, the first woman to charter a bank in the United States: In 1903 she founded the St. Luke Penny Savings Bank. Mrs. Walker served as the bank’s first president, which earned her the recognition of being the first woman to charter a bank in the United States. Later she agreed to serve as [...]

A Generated Crisis

“Gird your loins,” Biden told the crowd. “We’re gonna win with your help, God willing, we’re gonna win, but this is not gonna be an easy ride. This president, the next president, is gonna be left with the most significant task. It’s like cleaning the Augean stables, man. This is more than just, this is [...]

Afternoon Open Thread

What drives you crazy?

Midday Open Thread

WordPress has gone bonkers, let’s try a new thread What’s on your mind?

ZOMG! POTUS is a Racist!

From last night’s Sad State of the Union address: In other words, we have lived through an era where too often, short-term gains were prized over long-term prosperity; where we failed to look beyond the next payment, the next quarter, or the next election.  A surplus became an excuse to transfer wealth to the wealthy [...]

Wednesday: What did I miss?

I confess:  I didn’t watch “PBO’s Greatest State of the Union Speech Ever (New and improved! Now with more optimism!)”  When the  former president who you detest has to tell you to “lighten up, you’re scaring folks”, well, how good could it get?  Let’s recap: The economic situation is grim, the Treasury Secretary you’ve hired [...]

Mysterious Economics

  Nobel Prize winning economist Paul Krugman: I’m trying to be sympathetic to the various plans, or rumors of plans, for bank aid; but I keep not being able to understand either what the plans are, or why they’re supposed to work. And I don’t think it’s me. So the latest is that we’re going [...]