City Controller Annise Parker apparently doesn’t have enough to keep her busy, so she’s taking on a project that, in a better-run city, might well have been delegated to a junior-level mayoral aide:
Like other major U.S. cities, Houston is a city with two financial systems. One offers a wide variety of free- or low-cost options for checking, saving and loans. The other is a predatory system that charges exorbitant fees for even the simplest of transactions. The unbanked, the poor and working class who do not have bank accounts, are the targets of this second-tier financial system.
In my final term as Houston City Controller I’m leading an effort to bring the unbanked into the financial mainstream by helping them to open free starter checking accounts.
Who knew we elected a city controller to take care of such important matters as Remedial Checking 101?
Come to think of it, maybe Carol Alvarado should be employed as a consultant on this important project.
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