What Party Does He Belong To Again?
Corporate CEO’s accountable? For what? To whom, besides their share holders? Mortgage debt restructured? Paid for by whom and at what cost? Sounded almost like a Democratic ad to me. Copyright 2008 Nick Schweitzer. This feed is for personal non-commercial use only. All other uses are strictly prohibited without express permission from the author.
More about debt
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
01.20.09 … by gimleteye
Feeling safer? A significant majority of Americans believe the nation is headed in the wrong direction. Consumer confidence is hitting new lows. It is not just a staggering economy, or national security or energy or the environment, health, insurance and education: the next president of the United States is inheriting a gargantuan mess. Over a long period of time–not just the Bush terms–representative democracy has been deformed. That is the scariest part of the mess: it is a massive challe
The whole mess in one place
There is a precedent for such government endeavors, but not since the New Deal. In the 1930s, the government created the Home Owners Loan Corporation to buy mortgages and modify them. In three years, it bought a fifth of the country s home loans, said Alex J. Pollock, a resident fellow at the American Enterprise Institute in Washington. We won t need to do anything of that magnitude here, he said. The American Enterprise Institute’s assurances fill me with confidence. There is no sil