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Is Bankruptcy ‘The End Of All Things’?*
* [h/t Frodo Baggins] The cost of everything is still rising fast, despite the influx of ready cash to taxpayers in the way of rebates going to pay arrears on the mortgage or electric bill. The number...
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Financial Fallout: Bank Failures, Homelessness
Your bank just locked its doors. Should you worry? Pittsburgh: Forty people wearing red tee shirts and carrying signs marched right into a National City Bank last Friday morning. They chanted “Criminal...
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Don’t Panic!
Retirement Accts. Decimated, Layoffs Coming Well, it was a tough weekend. After insurance giant AIG hinted that it might be heading for bankruptcy, investment bank Lehman Bros. went ahead and filed...
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Taxes, “Socialism”& Political Reality
We’ve seen a lot of desperation as the world (and US) economy tanks in the wake of the mortgage-loss pyramid scheme crash. We’ve heard a lot of hyperbole and rhetoric from the candidates who want to...
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The Next Mortgage Meltdown
The subprime mortgage crisis in just about over. Those whose loans came with usurious interest rates have, if they got behind or lost their jobs, already been foreclosed upon. Now the issue is...
View ArticleThose So-Desirable Uninsureds
Those of us who have spent a good part of our lives not being rich – or even middle-middle class – have likely spent quite a bit of our lives without health insurance as well. Or with junk insurance...
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