|HubPages Device ID|
|Login||This is necessary to sign in to the HubPages Service.|
|HubPages Google Analytics|
|HubPages Traffic Pixel|
|Google Hosted Libraries|
|Google AdSense Host API|
|Conversion Tracking Pixels|
|Author Google Analytics|
|Amazon Tracking Pixel|
The loan sharking banks are the enemy of the people. They scammed us at Basel 2, when they allowed shadow risky off balance sheet banking, leading to liar loans and shoddy underwriting.
Then they continue to gouge us with high cc interest rates, just because they cannot sell their crap bonds, at a time in which they are borrowing from the government at 1/2 percent.
Then they are stealing from the treasury, and are above the sovereignty of the United States. They cannot be taken down by the FDIC they way they should be.
They are at war against the people of the United States and we need new banks. We need to take our money out of the big banks (put money into credit unions or in a jar), walk away from bad loans, walk away from credit card loans if we are in a position to do so, and fight these enemies of the people!!!
by Gary Anderson9 years ago
The consumer is the catalyst of our economy. The consumer is tapped out by bad loans, too much credit, by a greedy banking system that wanted profits before responsibility. Option arm loans, credit card loans, and other...
by Cagsil7 years ago
Hey Hubberville,I am planning on writing my next about the state of affairs of the Financial business' and Government action.However, I would like to point out one specific problem, for which, needs to be addressed...
by erickazoso8 years ago
I'm curious what others think, in my opinion, the current recession we're in is simply the fault of the people that wanted a house and either couldn't afford their loans or didn't educate themselves properly on the loan...
by Gary Anderson8 years ago
Consumers are being squeezed and the reason is that the cost of living is too high. Commodities, housing, insurance, utilities, medical care, etc are all too high based upon the small increase of wages over the past 20...
by rhamson8 years ago
With the recent collapse of the insurance companies sub prime rates and government bail outs, can our capitalist based market system be trusted to right itself?
by Shawn McIntyre4 years ago
The following question was asked on one of my articles (Economics For Beginners: The Subprime Mortgage Crisis). It's a great question, and one deserving of an answer, but an article designed for beginners simply wasn't...
Copyright © 2018 HubPages Inc. and respective owners.
Other product and company names shown may be trademarks of their respective owners.
HubPages® is a registered Service Mark of HubPages, Inc.