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Showing posts from February, 2009

Boycott Citibank and the Banks

It is time to boycott the banks. This is a must read: Boycott Citibank and the Banks

The Abuse of the Middle Class by the World Elite

The middle class is the golden goose that has been strangled by the banks. It cannot help them recover because it is tapped out and has a different idea about how to live. Time will tell how this all turns out. See The Abuse of the Middle Class by the World Elite

The End of the American Dream

If people think that this is an ordinary, or garden variety recession you need to rethink this. We are facing near unprecedented deflation. It is necessary that we start to think in terms of the American dream. At least for a long, long time, this is: The End of the American Dream

Say No To Recourse Loans

There is only one way the middle class can stay free. That is to never, and I repeat, never accept a loan on your primary residence that is a recourse loan. Recourse loans are an idea from economist Martin Feldstein and are an attack upon the middle class. Here we have middle class people getting terrible loans from banks, and now the banks want to come in and make you slaves to those loans by offering the carrot of lower interest rates or a cram down of principle.
Learn all about this important concept at the link: Say No To Recourse Loans