It’s Not Class Warfare. It’s About Economic Policy
It was the dominant economic policy caused this crisis. Economic policy is at the root cause of the friction between socio-economic classes. It is economic policy that created the increasing income inequality we are currently experiencing. It is economic policy that redirected income from lower and middle income households upward to corporations and upper income households. What is this economic policy?
We Need More than Principal Reduction
Jan 18, 2010 | 0 Comments
The biggest problem with the housing market is “negative equity”. This where people owe more on their mortgage than what the value of their home is worth. Negative equity is a major reason for people to default on their mortgage and for people to simply “walk away” from a mortgage and home. … Continue
AFL-CIO: When the Paycheck Stops
Jan 14, 2010 | 0 Comments
The AFL-CIO’s website provides very valuable information about what happens when we become unemployed. Unfortunately, a very real prospect in our current economy. Please be prepared and good place to start preparing for the possible is by checking out this site. Continue
READ MORE IN PERSONAL FINANCE
It’s Not Class Warfare. It’s About Economic Policy
Feb 08, 2010 | 0 Comments
It was the dominant economic policy caused this crisis. Economic policy is at the root cause of the friction between socio-economic classes. It is economic policy that created the increasing income inequality we are currently experiencing. It is economic policy that redirected income from lower and middle income households upward to corporations … Continue
Beware of the Deficit Hawks
Feb 05, 2010 | 0 Comments
We have a lot budget deficit hysteria going on in Washington and business media. The Obama Administration really kicked it off with its largely symbolic “freeze” on discretionary non-security spending in its 2011 budget proposal. Now, politicians and Wall Street talking heads are crowing like Chicken Little - OMG the sky is … Continue