Have You Heard Of The Bankruptcy Abuse Prevention and Consumer Protection Act?
In 2005, even with protesting from some bankruptcy lawyers, consumer advocacy groups and judges, the government passed The Bankruptcy Abuse Prevention and Consumer Protection Act. The reason for their protests was due to them believing that this act could potentially damage consumers who were over their head in credit card debt and not provide the [...]
Bailout Cop: TARP’s Not Working
I am actually disappointed at this one; but, not surprised. Besides, the word ‘tarp’ gives me a vision of an older trailer home that has a leaky roof and the occupants have simply put a blue tarp over the roof to ‘temporarily’ stop the leak until they can get it permanently fixed. The problem with [...]
Obama’s Leap To Socialism
The link below is an article by Dick Morris (the title of said article used in the title above) to directly and clearly explain the Obama administration’s open attempt to control the banking industry and, by implication, the credit of the United States. This is nothing short of socialism at its finest!
http://thehill.com/dick-morris/obamas-leap-to-socialism-2009-04-21.html
For those of you [...]

