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consumer-debt

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Federal Budget Deficit Kills Spring Fever

Spring is finally here after a long, frightfully cold winter. And with it comes the delusions induced by spring fever. Both the Obama administration and investors are stricken with the heady optimism associated with this illness, classifying the trickles of less than horrible economic data as green shoots that will bring America out of the [...]

The Lending Tree

The Lending Tree grew from a mere sapling just after the terrorist attacks of 9/11 into a giant monster that blocked out the sun, eventually toppling under its own girth, crushing the borrowed possessions in the home that it shared a lawn with.
The reason I mention 9/11 is that Americatown went into a short and [...]

Voters Enraged Over Bailout

I wonder if any of the voters who called to release the venom rotting away their innards have taken a gander in the mirror recently. Maybe they had something to do with the creation of the financial disaster of the century. How many callers have home equity loans, an SUV that can’t fit in a [...]

Odious Solicitations

I received a large beige envelope that was sent from a P.O.
box located somewhere in Richmond, Virginia- how mysterious!
The bland-looking package didn’t have the screaming signals
that it was junk/solicitation mail, so it made the cut and landed
on the kitchen table.

Next Generation Financing

Debt leads to families living in boxes

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