Reprinted from Credit Slips blog By Nathalie Martin Jonathan Ginsberg posted an interesting article on the National Association of Chapter 13 trustees web site this weekend, that will be relevant to many of our readers as well. Social security is now requiring all beneficiaries to set up direct deposit, which means the resulted funds could become available…
Reprinted from TomDispatch.com By William DeBuys If cities were stocks, you’d want to short Phoenix. Of course, it’s an easy city to pick on. The nation’s 13th largest metropolitan area (nudging out Detroit) crams 4.3 million people into a low bowl in a hot desert, where horrific heat waves and windstorms visit it regularly….
Based on a popular Mother Jones post on inequality. More graphs from Mother Jones:
James Royal, writing in the Motley Fool, explains how the effort to destroy the economic viability of the U.S. Postal Service is actually aimed at privatizing the service. Privatization offers several goodies to some members of Congress (and their big-money sponsors) who have imposed unique, unprecedented and unnecessary financial burdens on the service: Privatization…
I’ve never seen anything like this report from CBS‘s 60 Minutes last night, on the Chinese real estate bubble. What will be the impact on the global economy when this bubble bursts, as all bubbles must? …