Archive for November 17th, 2008

It is a wonderful thing when America’s largest bank gets free money from Uncle Sam so they can increase lending in America, and instead take $7 billion in cash and put that money in China!!!!!!!!!!       What are they thinking!!! Why is the US government and Congress letting US businesss leaders make a joke of the government’s attempt to help Main Street.

Somebody please explain this to me…………………

Three interesting articles worth looking at regarding the Red Plague and its impact on your neighbors and cousins.
Downturn Drags More Consumers Into Bankruptcy
By TARA SIEGEL BERNARD and JENNY ANDERSON Published: November 16, 2008
With their credit cards drained, the latest bankruptcy filers are deeper in debt than those in previous downturns.

http://www.nytimes.com/2008/11/16/business/16consumer.html?partner=permalink&exprod=permalink

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Here Comes a Bankruptcy Boom

November 11, 2008 10:26 AM ET | Rick Newman

http://www.usnews.com/blogs/flowchart/2008/11/11/here-comes-a-bankruptcy-boom.html

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RESIDENT EXPERT

Daniel McGinn

Focusing On Foreclosures

Now that the election’s over, is relief in sight?

http://www.newsweek.com/id/167932