It seem that the in the last few week since Mark Rukavina, one of the authors of the study, "Borrowing to Stay Healthy: How Credit Card Debt Is Related to Medical Expenses," was published it has dawned on the media and our elected representative that since the cost of health care inflates, more consumers are relying on credit cards to stay healthy and alive, accumulating thousands of dollars in medical debt, according to researchers. Congress even brought a group of expert to discuss the abuse of the Credit Card Industry.

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I am happy to announce the launch of two new websites through the Squidoo network. They are: http://www.squidoo.com/educated-wealth/ and http://www.squidoo.com/credit-card-debt-eliminate . Your patronage and comments are welcomed. You may also refer your friends with credit card debt to these great sites.

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American Families are forced to borrow to survive by charging emergency and basic medical needs, co-pays and uncovered procedures to cover escalating health care costs for those insured---or not on their credit cards.

Newport Beach, CA---As a country, the American people spend nearly 90 cents of every healthcare dollar on the last year of a person’s life. This is not the just the elderly, families faced with children born with birth defects or accident victims. The high cost of basic medical care has become a luxury in this free society we pride ourselves of living in---as we secretly close our doors and are afraid to open our credit card bills and be forced to acknowledge our credit card dependency.
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As you know we are frequently told by one and all, that we are a "Nation of Laws", we nod and go on about our daily lives, trying to earn a living. But in our quiet moment of introspective thought, we realize we are a nation of power in the hands of "Banks, Oil Interest and Others". We, the American People don't seem to have much of a, "Life, Liberty or Happiness." Do we?

Please read the article By JOE LEE and THOMAS PARRISH. Lee is a federal bankruptcy judge in Kentucky and Thomas Parrish is the author of "Roosevelt and Marshall." This article originally appeared in The New York Times from Jan. 20, 2007, 8:42PM "Dazed And In Debt In The Credit Card Maze".

In this Article you will find the following statement, "So the lending goes on. People classed as the "working poor," now beginning to be tapped by the credit card vendors, no doubt constitute a rich supply of coveted potential revolvers — fresh customers for the banks to draw into the credit maze, with its minimums and its unending late fees. In signing the 2005 act, President Bush declared that it would make more credit available to poor people. Unquestionably so. And 30 percent interest was just what they needed, wasn't it?"

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Medical debt is not an isolated hardship that befalls only unhealthy, uninsured people. Rather, it is a common experience that contributes substantially to financial woes, problems in securing or maintaining a home prominent among them.

Medical Expenses and Credit Card Debt
In collaboration with Demos, The Access Project produced a report in January 2007 titled Borrowing to Stay Healthy documenting how low and middle income households are turning to credit cards to pay for medical care.The report findings are based on a national telephone survey of over 1,100 low and middle income households.
Click this link for the entire article at The Access Project  

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"Have we got the movie for you. "IN DEBT WE TRUST" is a sort of economics lesson meets Supersize Me.... ...the facts Schechter spinkles throughout are mind-boggling...Come to think of it, Schechter has created about as sexy a film as possible on the topic of consumer debt." --Orlando Weekly

To view the Trailer for this Awarding Documentary go to In Debt We Trust

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There is an unprecedented national movement that is setting the stage for Self-Represented litigants in the Federal and State Courts which was found staggering in 2006! Now entering the first quarter of 2007, professionals offering educational services to their clients for self-representation on legal matters are recording all time high enrollments.

The Federal and State Courts have noted the rising increase of litigants appearing without counsel in domestic relations issues such as divorce, custody and child support. Even smaller claims such a tenant/landlord, probate, protective orders, and other civil matters (debt) have seen mothers, fathers and singles citizens representing themselves in court.
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You found a Debt Settlement Service that will reduce your debt by 40% of what it is now but did you know that the savings of 60% can actually be included as income to you and could be taxable?
For Details go to Debts Forgiven, Taxes Increased.
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Cardholders pay your bills, but the bank can change your interest rate and terms at any time, so you pay more, even for purchases you've already made.

You mail the bill before it's due, but get hit with a late fee anyway. You sign up for a 7% interest rate, but it skyrockets to 30% if you bounce a check, go over the limit, or miss payments.
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Holiday sales for 2006 are projected to total about $435.3 billion,
according to the National Retail Federation. Most of those purchases
were made with credit cards.

Very soon, millions of people will be sitting there, in stunned silence,
looking at those credit card statements with balances much higher
than expected.

You have a solution for your stunned reaction!

What a perfect time to share the NAES opportunity!
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