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Fair Debt litigation growing into big business

Wednesday, September 22, 2010
Toward the end of this article titled Fair Debt litigation growing into big business there is this statement....

“I wish I could tell you a great story about how my mother was driven to madness by a debt collector,” Krohn said with a laugh. “But I can’t. I love what I do, and I don’t mind calling it a business.”

I don't mind any one making a buck and I am glad to hear that a small part of the legal profession (attorneys) are coming to the defense of folk harassed by 3rd Part Debt Collectors.

The problem as I see it is the the entire economic system is bankrupt and corrupt. If you even listen to the major media they have called it a giant ponsi scheme. [Read More!]

Posted on 09/22/10 at 21:11:45 by Richard Garcia
Category: Credit Card Debt - The American Consumer - 0 comments - [Link to this item]

Get Out Of Debt Whether You Think the U.S. A. Is In Recession Or Depression.

Thursday, September 16, 2010
Economists date the Depression somewhat differently. They usually make a distinction between recession and depression. They use the concept of recession much more than they use the concept of depression. A recession is a period in which economic activity is receding or falling, while a depression is a period in which it is depressed below some level. Ha interesting ....some Level!

At the worst point of the Great Depression, in 1933, one in four Americans who wanted to work was unable to find a job. During the Depression unemployment rates skyrocketed, leading to massive homelessness and increased poverty rates. Some figures put the height of unemployment at nearly 25 percent during the 1930s Further, it was not until 1941, when World War II was underway, that the official unemployment rate finally fell below 10%.

Read more: About the Homeless Population During the Great Depression | eHow.com

Current Census: 1 in 7 Americans lives in poverty


1930 - 1939 - FACTS about this decade.

Population: 123,188,000 in 48 states

Life Expectancy: Male, 58.1; Female, 61.6

Average salary: $1,368

Unemployment rises to 25%

Huey Long propses a guaranteed annual income of $2,500

Car Sales: 2,787,400

Food Prices: Milk, 14 cents a qt.; Bread, 9 cents a loaf; Round Steak, 42 cents a pound
Lynchings: 21
[Read More!]
Posted on 09/16/10 at 22:24:34 by Richard Garcia
Category: Credit Card Debt - The American Consumer - 0 comments - [Link to this item]




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