Heedless greed - The Columbus Dispatch
WASHINGTON — The black-tie party at Washington’s swank Mayflower Hotel seemed a fitting celebration of the biggest American housing boom since the 1950s: filet mignon and lobster, a champagne room and hundreds of mortgage brokers, real estate agents …
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About 43% of American families spend more than they earn each year.Average households carry some $8,000 in credit card debt. (2004)Personal bankruptcies have doubled in the past decade. Revolving Credit debt is up 167% (1990 to 2004) (From MSN Money) 78% of Baby Boomers have mortgage debt, 59% have credit card debt, and 56% have car payments. (Dave Ramsey) According to information gathered by