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How To Legally NOT PAY Your Credit Cards Without Bankruptcy
If you are like most Americans, you are probably under a ton of credit card debt. Lots of people will tell you that it is all your own fault, but I will have to disagree! This hub is actually about beating credit card companies at their own games...
67 commentsWhat Should Be Done About Student Loan Debt?
Recently, the question of whether we should “forgive” student loans was put to me. I had student loans way back when but I paid them off. Furthermore, when I did have student loans my state college tuition was around $350 dollars a semester,...
41 commentsThe Global Financial Crisis, Housing Bubble and Why Australian banks survived so well
Before I answer this, I’m going to talk a little about what caused the global financial crisis in the first place; as it is integral to understanding why Australia fared so well. The crisis evolved as a result of the US housing bubble. A bubble...
0 commentsWho's to Blame for the World Economic Crisis? At last some answers from the US Senate 6-21-11
There's plenty of blame to go around among those in Washington, Wall Street and the home loan business. An excellent, long, well-researched front page article in the NY Times October 9, 2008 by Peter S. Goodman points the finger at long-time, venerated Federal Reserve Chairman, Alan Greenspan who was a disciple of Ayn Rand of "The Fountainhead," "Atlas Shrugged" and "who portrayed collective power as an evil force set against the enlightened self interest of individuals."
9 commentsWhy Banks want to Foreclose on your Home rather than Modify your Loan
"If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them (around the banks), will deprive the people of their property...
103 commentsWhy Doesn't The Government Bail Out The Middle Class? Part Seven
With the Soviet Union out of the way, the American business-government power axis no longer has to "bail out" the middle class; they had long ago abandoned the political economy of the New Deal anyway. The government no longer sees itself as a protector-state, whose principal aim is to protect the citizenry; but rather it sees itself as a market-state, an entrepreneurial enabler, and this will have inherent class consequences.
6 commentsShould Government Intervene in a Capitalistic Economy
Should Government Intervene in a Capitalistic Economy? This debate has been ongoing throughout the life of The United States. Since the founding fathers or framers wrote the constitution the tide has ebbed and flowed from a limited government to a...
5 commentsCapitalism: A Love Story: Questions that pilots right at the heart of our economic problems in society
michael moore goes over the many controversies involving capitalism in north america
12 commentsRecession-The New Depression
American spending and credit debt have caused economic downfall before, many years ago in the 20’s and 30’s and again now in our current recession. The recession America is in now, mimics the great depression in many of the same aspects;...
0 commentsThe Capitalist Nightmare
As I have previously written about the Socialist Pipedream...I will now point out the nightmare that has been created by Capitalism and why there is a new revival of lefty liberals that are trying to down the...
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