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THOUGHT FOR THE DAY!

" One in 10 chance perhaps, but save Chile! ... not concerned with risks involved ... $10,000,000 available, more if necessary ... make the economy scream."-- CIA Director Richard Helms, discussing plan to destabilize government of Chile under democractically-elected President Salvador Allende

 

Credit Cards Follow Mortgages Into Delinquency

Credit cards are increasingly going the way of home mortgages — into delinquency.

Webmaster's Commentary: 

We do not have a credit crisis. We have a repayment crisis. and The US Government could end it in a heartbeat by simply cutting all taxes 50% across the board. Yes, we would have to do without certain things, like killing Iraqis, but a massive tax cut would revive the economy instantly.

Of course, government never cuts taxes by more than symbolic amounts, so instead the government's solution to the repayment crisis is to take MORE money from us and give it to the banks ... to loan back us at interest!

Such a deal!

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