Homeowner's Blog

Obama Announces Major Financial Regulatory Reforms

President Barack Obama proposed sweeping changes to the way the U.S. government regulates financial markets. It is unfortunate that many large financial institutions adopted the unsound business practices that caused tremendous losses to their stockholders and American homeowners, and still threaten both the U.S. and the global economy. No government regulations forced them to cause this economic debacle. Unfortunately there is currently nothing but their short memory spans to prevent the same thing from happening again in the future.

The current economic crisis makes it clear that we must take action to prevent future meltdowns of the financial services sector. We applaud President Obama for this proposal and hope that reasonable financial services sector leaders who recognize this reality will be willing to work with other stakeholders to craft a solution that erects needed protections without unnecessary restrictions on the private sector.

American Homeowners Give FCC Suggestions On Universal Broadband

The Federal Communications Commission is developing a plan to make broadband Internet access available to every home in America. We think that's a great idea. Broadband is increasingly the delivery mechanism for many critical services and applications. It isn't available in many rural areas, and rural homeowners are deprived the growing number of potential broadband applications as a result. The American Homeowners Grassroots Alliance made a number of suggestions to the FCC to improve the effectiveness of FCC's National Broadband Plan.