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Recent Posts
- The insect apocalypse will kill billions more people than climate change
- The war on drugs. A book review of “Chasing the scream”
- Peak crude oil did not happen in 2018. But we are still running out of time
- Sheriffs have too much power
- Book review “They poisoned the world: Life & death in the age of Forever Chemicals”
- John Howe on one child per woman: still too high to stay under limits to growth curves
- Ted Trainer: The radical implications of a zero growth economy
- Part 5 Raven Rock. Hidey holes for government and military officials to carry on democracy after nuclear war destroys the planet
- Become a Bison rancher
- Part 4 Raven Rock. The government abandons plans to aid the public, only the government to survive
- Prisoners are treated worse than slaves in America
- Part 3 Raven Rock. The government’s plans for after a nuclear holocaust
- Part 2 Raven Rock. The U.S. government’s plans to save civilians from nuclear war
- Legal & Illegal Immigration numbers must drop to carrying capacity
- Part 1 Intro. Raven rock: the story of the U.S. governments secret plans to save itself after a nuclear war and let the rest of us die
Category Archives: Debt
Student loan crisis widens gap between rich and the rest
Student loan crisis widens gap between rich and the rest. Bill Zimmerman. February 21, 2014. San Francisco Chronicle. Growing concern about wealth and income inequality overlooks a principal cause: the student loan crisis, which is much deeper than the $1.1 … Continue reading
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How you’re tricked into thinking there is an economic recovery
Ilargi 2011 theautomaticearth A real recovery would require a surge in real productivity, i.e. outside of the service industry. Where and how have we increased production since the crisis started? Obviously, nowhere. The vast majority of “jobs created” is in … Continue reading
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Drowning in digits: National, Unfunded Liabilities, State, and Derivative Debt
Just about everyone I know believes in the permanence of the Dollar, the Eternal Supremacy of the United States, and the propaganda to constantly grow their money by taking risks. So they dutifully feed hard-earned wages into the voracious slot … Continue reading
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Why the USA can’t inflate its way out of debt.
Mar 11, 2010. Why the U.S. can’t inflate its way out of debt. Financial Times. It’s dawning on people that getting a handle on burgeoning U.S. debt will be a long and hard process. So if lawmakers can’t agree on … Continue reading
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Debt relief scams
Aug 20 2013 CFPB Files Suit Against Morgan Drexen for Charging Illegal Fees and Deceiving Consumers Company Made Misleading Claims about its Debt-Relief Services to Consumers May 30 2013 CFPB Takes Action to Stop Florida Company From Engaging in Illegal … Continue reading
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Auto Loan Scams
Dec 20 2013 CFPB and DOJ Order Ally to Pay $80 Million to Consumers Harmed by Discriminatory Auto Loan Pricing Ally to Pay Additional $18 Million in Civil Penalties for Harming More Than 235,000 Minority Borrowers Jun 27 2013 … Continue reading
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CFPB Sues For-Profit College Chain ITT For Predatory Lending
Feb 26 2014 CFPB Sues For-Profit College Chain ITT For Predatory Lending ITT Pushed Consumers into High-Cost Student Loans Likely to Fail WASHINGTON, D.C. — Today the Consumer Financial Protection Bureau (CFPB) filed a lawsuit against ITT Educational Services, Inc., … Continue reading
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Consumers Report Being Hounded About Debts Not Owed
Mar 20 2014 Consumers Report Being Hounded About Debts Not Owed Top Debt Collection Complaints Also Include Aggressive Communication Tactics and Threatening Illegal Actions WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today issued a report on the more … Continue reading
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The Fall of AIG
2 articles below: March 18, 2009 The Real AIG Scandal by Eliot Spitzer slate.com It’s not the bonuses. It’s that AIG’s counterparties are getting paid back in full. Everybody is rushing to condemn AIG’s bonuses, but this simple scandal is … Continue reading
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Credit Card Debt
May 1, 2008 U.S. Credit Card Debt Soars to Unprecedented Heights http://en.epochtimes.com/news/8-4-28/69849.html Studies indicate that credit card defaults and related write-offs increased drastically since 2006. Today, lenders write off 33 percent more in credit card debt than they did two … Continue reading
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