Why is there so much confusion surrounding the economy? The people who have been making the most money are the ones crying for the government to 'bail' them out. Out of what? Are they drowning in all that greedily gotten wealth? The automakers, petroleum pigs, real estate 'developers' are at the top of the list of people who, have without conscience, robbed the American people throughout the reign of their benefactors (Bush & Cheney). Now, while choking on a wad of hundred dollar bills, they are going after the tax money of the people who actually work for a living. They like to bluster and cry that they are 'losing' money. Not one of them has 'lost' money one single day in the existence of their organizations. When you make an exorbitant projection of how much you will make next quarter and fail to reach that outrageous goal, you have not 'lost' money. Failed to reach an unattainable goal for sure, but 'lost' money just as surely Not.
The question hangs over the country like a great weight; Will the next administration do anything about these pigs and their obscene greed? Or will it be graft and corruption as usual? Hopefully the aforementioned Hogs have gone far enough this time to affect some of the wealthier and more powerful among us who have the means to bring a halt to some of it at least.
How did this country of the people, by the people, etc. digress to the state that the people are losing their homes because of the actions of the very, very greedy? We turned a blind eye to the machinations in Washington, D.C.
We had worked ourselves into relatively comfortable lifestyles and never suspected for a moment that it would all be taken away by the same people who were sworn to protect and serve.
Nothing confusing about it. Greed. Simple, severe, Greed.

Author: James Mizzell

About the author:
I am James Mizzell, owner of 3 websites;
www.ghilliesandstuff.com
www.peggyspretties.com
www.melanesianskincare.com
I am retired and living in sunny Florida.

Article source: Free Bankruptcy Articles.

When I prognos. credit crunch and gloom of economy in the spring 2008, some people from outside rings of corporate world didn't believe me, some enterprenuers as well, for example host of Dragon's Den, that their retail results claim profit, not fall.Sharp fall started after Day Zero with fall of banks and 1st bailout but many people as watchers remember fall of Bingley bank etc.This was the first sign of huge earthquake.Now we hit lower bottom of high unemployment, state deficit, the second bailout and seeking where is the final bottom and than jump and rise back.Well,I can forecast from our financial analysis and modeling situation, the recession , if world will cooperate and UK hasn't really another option than 2nd bailout, better than more printed money and inflation so high as in Zimbabwe, will last max.1,5 year.But...inflation felt down and our financial and political situation is stabilis.Numbers of redundance aren't nice and will increase, but this economic earthquake will finish sooner than economical crisis in the 1930s.We need only see, this crisis isn't problem of USA or UK, it is global village and look on credit crunch as warning finger stuck in air and showing on us as consumers with waste.Now isn't time for attacking and cry.It is time for action and internal peace and seeking joy in not material things and also simple counting what is necessary for living and spending, when people are struggling with finances

The first rule for all nations is to stay in good, positive mood.It is hard but these things happen and will happen.take it as fact.If you read Ernest Hemingway's novel The Old Man and The Sea, it is briefly about old man lost in the sea when hunting fish of his dreams, alone, without help.Apply on this situation.In cruel conditions for staying alive you need concentrate and keep going - simple, if there is frost and you finish walking, you can die from frost.Another situation in downing in the water is, not kicking victim, because she can down you, so stay calm, cooperate with water and try to stay on water.How together?I think you understand.So what to do when you are suddently unemployment?
1.Trust to your family or good friends, speak with them, share your fear and problems.
2.Stay in touch with former colleagues, in networking, for positive mood, for better chance to find new job.
3.Fix and stay on your ordinary daily regime.It is taken from sailors on one boat travelling around thw world and staying on basic routine as daily times for meal, relax, sailing, sleeping and small security in dry meal, clean socks and order in things,Work is good healer and changing mood in positive way.Staying busy and finding some work in your house and staying in the same time of waking up, writting goals for seeking job and what to do during day as jobless like gardnering, drawing, helping old grandmother, visiting friends is very important.Plan programm, keep fit, walking.
4.Educate yourself.For qualification and better chance to have new job or only fullfilling old dreams to know how bake, dance, learn Spanish, chess.
5.Create a plan for jon searching, think, what branch of jobs you can need and are suitable for you or what you can offer for job, job positions, think about lowering bar for job rank or salary limit.Think in reality.Find websites, newspapers or ads on job office, ask friends and email your CV to companies and keep this routine every working day on the same basic.You can be without landing job still, but you know, you do everything for situation to have a job.Hope dies as last thing.You are not on endless sea.
6.Don't give up.if you seek the work you seek the work and you know, situation isn't easy.Stay in positive mood and without swearing or seeing things black.Tie belt, but smile.Japanese smile when telling about death, we are alive.Think how our ancestors had worse conditions than we have.
7.Prepare for every interview, search informations about companu, position, praise yourself and find connections and your pros what you can offer,
8.Don't blame yourself, your close family or friends.Don't make from yourself cheap slave or submisive idiot.Take the situation as reality and fact.There is credit crunch,Credit crunch was hee in 1990s, 1980s.Still you can ask for psychiatric help if you are at your personal buttom, but remember, people like you and after every rain the sun goes out.The sea has seaside and ports.
Good luck.I have also hard times, but remember old Churchill's proverb for my family:If you are in bullet, stay in.His speech about lonely United Kingdom in WWII was strong speech and I tell you:We will fight.

Author: Marketa Linden

About the author:
Marketa Linde is CEO of coorporate and marketing company CommuniCat with offices in London and New York.Born in Czech republic comes originally from paternal line of House of Windsor from sole child - illegitimate son of former HM King Edward VIII, Duke of Windsor as his oldest granddaughter, born as HRH Princess Marketa Helena of Bohemia, from May 2006 as Duchess of Windsor.

Article source: Free Bankruptcy Articles.

Bankruptcy is a process that can negatively impact your credit rating for up to ten years. The process can take up to ten months and should be overseen by a professional. Choosing a bankruptcy attorney is an essential part of completing the successful process. Professionals can assist you through the bankruptcy process and ease the transition into your new lifestyle. Consider these aspects when choosing a bankruptcy attorney:

Find Seven Choices. More than seven choices may be too overwhelming for the individual to decide. It is important to compare services, rates, and value when meeting with attorneys. Most initial consultations are free --- at least for the first hour, this will allow you to meet with more than one attorney free of charge.
Get Recommendations. Recommendations from family and friends are some of the strongest opinions that you will receive. These opinions will be unbiased and truthful as your family and friends have your best interest at heart when making the referral.

Seek Advice Soon. The sooner that you seek advice when financial troubles are brewing; the more options are available to you. An initial consultation with a bankruptcy lawyer can surprisingly yield alternatives to bankruptcy including debt consolidation and debt counseling management. It is in your best interest to try avoiding the lengthy process of bankruptcy.

Question Everything. It is important to ask multiple questions in the initial consultation. It is important to determine which certifications that the bankruptcy attorney has. Ask the attorney how many bankruptcies that the lawyer has handled in the past. What was the outcome? What is the case load of the bankruptcy lawyer? If the lawyer has too many cases, is there enough time to adequately handle your case? How much access will you, as the client have to the case during the filing? Ask about the repercussions of bankruptcy and if the lawyer is part of a network of business professionals that can help the client to continue their financial education and avoid debt and bankruptcy in the future. It is important to realize how the proceedings will occur and who will have access to the case - will you be working with the same lawyer throughout the case? What fees are associated with the filings, and how are these fees paid? Using these methods you can create a plan that can help you ease through the bankruptcy proceedings. I'll also advise bringing a notepad and pen to take notes during the initial consultation, you should also have your questions prepared before arriving for the initial consultation.

Get Fee Assessments. As with most things in life, you get what you pay for. It is not always the smartest idea to go with the cheapest lawyer possible. Find out exactly what is included in the fee for service, and if extra fees are required for paperwork or the hiring of accountants. How are the fees paid? Chances are, if you are facing bankruptcy then the fees should be low because you are in a financially strapped situation anyway! Does the lawyer come with a flexible repayment plan? These are all aspects to keep in mind when choosing a bankruptcy attorney.

Making use of the steps above will give you a good starting point for finding the right bankruptcy attorney for you. Although bankruptcy should be treated as a 'last resort' strategy for getting out of debt, it is not the end of the world. Many people have recovered from bankruptcy --- it is important that you clear your debt and don't reenter debt. Keep a debt free life and you'll live a comfortable lifestyle.

Author: Michael David

About the author:
Michael David is an expert writer and content producer. Getting out of debt and staying out of debt isn't easy, if you follow the guided advice of one of America's top financial counselors, Dave Ramsey, outlined in his book The Total Money Makeover: A Proven Plan for Financial Fitness then you'll be one step closer to financial freedom and knowing if bankruptcy is the right option for you.

Article source: Free Bankruptcy Articles.

Credit card bankruptcy can occur as a result of not making your minimum repayments on any debts outstanding on your credit cards. Banks and lenders may consider legal action, such as bankruptcy, if you're unable to make satisfactory arrangements to repay your debts.
If you're drowning under huge amounts of credit card debt and falling behind in your payments or even struggling to keep up with minimum repayments each month, then it's tempting to simply declare bankruptcy.
The main catch-cry for any company advocating credit card bankruptcy is that all your debts are wiped clean and you can simply start again.
The reality is much harsher. Bankruptcy does more than just damage your credit score. It also affects how and what you spend during your bankruptcy period. Did you know that your bankruptcy attorney has the right to freeze your checking account so they can control which bills you pay during your bankruptcy?
There is also a risk that any asset you purchase during your bankruptcy may be repossessed by your bankruptcy attorney and sold to repay your old debts.
Where possible, avoid going bankrupt at all costs. There are alternatives to filing credit card bankruptcy that can be much better for your situation.
A good debt management company can help to negotiate your outstanding debts with your creditors and arrange easier repayment options designed to get you out of debt and out of financial trouble. Because they have many clients and work with credit companies every day, they have more negotiating power than you would as an individual.
Your debt management company could also help you to arrange negotiating lower interest rates or a debt consolidation option with a reduced repayment plan to combine your balances.
You could consider rolling your credit card balances into a debt consolidation loan or even a zero interest balance-transfer card. Your interest charges will be much lower than your credit card rates, so your repayment amounts should be lower and easier to keep up with. Just be sure to keep up with your new repayments or you risk getting into the same financial trouble again in the future.
Another option you have is to call the credit card company and ask for an interest rate reduction. They may be reluctant to reduce your rates if your payments are already behind, but explain to them that you're willing to make payment arrangements with them to catch up and a lower rate will make that quicker for you.
Rather than continue to sink under the burden of credit card debt, don't consider filing for credit card bankruptcy. Consider all your other options first and make sure they're all completely exhausted before you take the more damaging path to your credit.
Credit card bankruptcy should be your last resort wherever possible.

Author: Roger Vetruba

About the author:
Roger V runs http://DebtRESET.com/Free_Offer_Click.html Professional Debt Negotiation Services. For a Free 'Get Out of Debt' Comparison Calculator, Free e-books '13 Debt Reduction Mistakes', 'Debt Reduction Scams', and 'Drowning in Debt' & videos about financial strategies, click through to our site.

Article source: Free Bankruptcy Articles.

The current level of economic weaknesses in the American dollar means more and more people are looking for an alternative to bankruptcy. With the current pace of foreclosures and banks themselves struggling to stay solvent bankruptcy seems to be inevitable for many. Let's look at some basic information on alternatives to bankruptcy.

What are the alternatives to bankruptcy? The first and most obvious alternative to bankruptcy is of course not to go into debt. While this is the most common sense, many people simply feel they cannot live without debt or living beyond their means. It cannot be expressed how important it is to stay clear of creating new debt when trying to get out of old debts. Remember a collection agency will not call you if you do not owe a debt to anyone.

For those who are in deep debt, which is the majority of people nowadays, a very popular alternative to bankruptcy is to consolidate. Consolidation of debt can be a true source of financial relief if you can have everything piled into one bill. It gets even better if that one bill is being paid at a lower interest rate than some of your past debt. While this will buy you more time to pay, it will ultimately not lower the debt, but increase it. For many this is acceptable practice, therefore debt consolidation companies exist.

If you can not consolidate your bills, another alternative to bankruptcy is to go to your creditors and arrange a meeting to see if they will allow you to pay less per month, or perhaps lower the debt altogether. This type of debt negotiation can be successful in some instances. There are some professional debt negotiation companies who are out to make a profit from your debt. Some masquerade as non profit agencies, there to help the public out of their debt problems. Be especially careful when speaking with debt negotiation companies about alternatives to bankruptcy. The Federal Trade Commission ( FTC ) has written a release about the ' National Consumer Council ' and the complaint filed against this company masquerading as a nonprofit debt negotiation organization.

Debt settlements or debt settlement proposals are not a valid alternative to bankruptcy. A good example of a debt settlement is one where you pay a company that claims they can ultimately lower your debt. Just this one sentence should tell you that the debt settlement company is there to take more of your money. They will be charging you fees for their service, which takes an even larger amount of your money. Stay away from debt settlement companies since they are practically the same as a debt negotiation company.

Alternatives to bankruptcy are usually found by going to professional credit counselors who can give personal advice after they learn the details of your money problems. Dave Ramsey is one popular counselor in the United States who has helped many not just to avoid bankruptcy but to get out of debt altogether. Getting completely out of debt should be the ultimate goal of everyone who enjoys peace of mind concerning their money.

Author: Michael David

About the author:
Michael David is a content producer. He has 11 years of experience with producing content and writing. If you are serious about getting out of debt and avoiding bankruptcy then you need Dave Ramsey's Total Money Makeover: A Proven Plan for Financial Fitness.

Article source: Free Bankruptcy Articles.

At some point after the completion of your bankruptcy proceedings you will one day want to get a loan or refinance current debts. With the valuable lessons learned from the past, this should make you financially weary. We will go over the steps you'll need to take to get back on track, if you are planning to refinance or obtain a loan after bankruptcy.

Many people go into debt and have no problem paying their bills. Some allow their debt to grow to the point where the debt ruins them financially. While having debt can ruin you financially and is quite unsettling for most, it is definitely not the end of the world. After everything has settled, and the former creditors are satisfied, here comes that 'fresh start'. This is when refinancing after bankruptcy comes into play. It takes time to rebuild yourself after bankruptcy, in most states bankruptcy can reported on your credit report for up to 10 years, but within the first year or two you should begin seeing signs of relief if you take the necessary steps and make wise financial choices post bankruptcy.

If after bankruptcy you have been re-establishing yourself and can show a strong pay history then it is more likely you will be successful with getting a new line of credit. Late payments on bills are not a good sign to creditors especially after bankruptcy. Make sure you pay your bills on time and have good repay history to show. Paying your bills on time can be as simple as not living above your means and limiting yourself to only one credit card for emergency funds purposes only. Showing good credit history after bankruptcy is imperative and being responsible with your credit can show the banks a positive side of you.

Other than rebuilding your credit history you will also be tasked with removing any erroneous information found on your credit report. This mean you will need to continually obtain a copy of your credit report from the 3 major credit bureaus. Removing erroneous information from your credit report is not an easy chore, as credit bureaus are slow to do this, it is necessary to wipe out the lists that may be on your record of collections performed against you. Make sure to file disputes and follow through on anything that is not correct on your credit report. This will help you with refinancing and obtaining loans after bankruptcy by raising your credit score.

One more thing that may help after bankruptcy is the 'loan to' value or LTV of your property, usually a house. A loan is given using this process primarily by adding up the cash value of your property. You can get a loan this way and pay off any outstanding taxes that have remained after your bankruptcy. Tax liens against your property will usually last until they are paid, even if you have successfully undergone bankruptcy.

There are loan officers and mortgage lenders that specialize in loans and refinancing for post bankruptcy creditors who can help you. Once you learn what to expect when you attempt to get a loan or refinance after bankruptcy, you will be back into the normal swing of things in no time. All it takes is a little knowledge and time to correct the errors of the past, and you will be enjoying that 'fresh start' that you have been looking for.

Author: Michael David

About the author:
Michael David is an expert writer who has experience writing and producing quality content. If you need a credit card that will help your credit score while keeping you debt free then you should apply for guaranteed approval prepaid credit card offers, it will improve your credit score and give you positive credit history. No late fees, no overdraft fees, no interest, or hidden charges.

Article source: Free Bankruptcy Articles.

With a bankruptcy mark on your report your score will be lowered considerably. However there is hope, you can remove this mark and by building some positive credit you can create a good score.

There is a lot of inaccurate information that claims a bankruptcy will be on your report for 10 years. This is not true you can remove it without waiting 10 long years. We suggest that you:

1. Dispute the mark with the bureaus.

This is done by sending a dispute letter to the bureau; you can do this yourself or hire a service to do it on your behalf. The bureau will then conduct an investigation into the listing. However bureaus do not check public records when they investigate a dispute, thus the listing will not be verified.

Congress passed the Fair Credit Reporting Act and this says that the bureaus must remove any item on your report that can not be verified. People frequently ask if credit repair is legal. It is not only legal but this act explicitly says any mark you do not feel is accurate can be disputed. There will never be any legal ramifications for filing a dispute with the bureaus.

We suggest before you dispute the bankruptcy you double check to make sure any negative accounts are reported as 'included in bankruptcy.' This is because once the bankruptcy is removed from your report you will dispute each listing on the basis that it says 'included in bankruptcy' yet there is no bankruptcy on your report. Additionally it is rumored that removing a bankruptcy is easier after 2 years have expired.

2. Dispute each negative item.

This can be done because no where on your credit report does it say you have filed a bankruptcy so how can these negative items be included? Upon an investigation the marks should be erased and this will provide you with a clean report.

3. We suggest you start building positive credit. This is most effective by opening a new revolving line of credit such as a credit card.

When you make your on time monthly payments you will create a positive payment history on your report. Additionally this will help your utilization ratio, this is how the bureaus decide if you are in over you head financially. It is measured by the amount of available credit you have versus how much debt you have. These are the two biggest factors when your score is calculated.

While it is not illegal to dispute an accurate mark on your report it may not be the most ethical thing to do. However in my opinion charging people outrageous interest rates upwards of 30% and charging late fees is not ethical either.

In sum you don't just have to live with bad credit. You can remove the items and you can do it today. You can create a high score for yourself by removing the bad items and building positive marks. This will save you; on interest rates, embarrassment from a low score, and give you the purchasing power you deserve.

Author: Matt Douglas

About the author:
For a free credit repair letter used to dispute your credit report or for more online credit repair tips visit us. Additionally you can get a free credit consultation by calling 1-866-246-7311.

Article source: Free Bankruptcy Articles.

Personal bankruptcy is a very serious decision. One has to carefully weigh his options and the consequences of his decisions before taking this step. Bear in mind that a record of bankruptcy will stay on your personal credit report for at least seven years.

A record of bankruptcy will impose certain limits and restrictions on your future plans. Therefore, being stuck in bad credit doesn't mean you have to think about filing for bankruptcy right away. Consider all other possible options first to recover from bad debt.

Nevertheless, if you made the decision and if you're ready to go through the whole process, here are the steps you should take when filing for personal bankruptcy.

Seek credit counseling. In the past, a person who decides to file for bankruptcy can just fill out an application and submit. However, since the amendment of the bankruptcy law, this decision is not up to the individual anymore.

In order to know if you're eligible for bankruptcy, it is mandatory to first complete a credit counseling course from a government accredited agency. The credit counseling agency would be the one to decide whether you are a candidate for bankruptcy or not.

In case you're not eligible for bankruptcy, rest assured that the credit counseling agency will help you get out of your debts more easily. They can negotiate with your creditors for a more convenient repayment plan and you will receive guidance and support in managing your finances. The good thing about this arrangement is that you can rebuild your credit report without resorting to bankruptcy.

Hire a bankruptcy lawyer. If you are eligible for bankruptcy, you must hire your own bankruptcy lawyer. Preparing the documents needed to start the bankruptcy process is complicated and should only be accomplished by an attorney.

Your lawyer must see to it that all the information on your documents are correct to avoid being accountable. Because of the weight of this responsibility and the many tasks involved in filing for bankruptcy, a bankruptcy attorney may ask a high service fee for his services.

Pass the 'IncomeMeans Test Calculation'. After submitting your bankruptcy application, you will submitted to the 'income means test calculation'. Here, your income would be tested as to whether you are capable of paying your creditors or not.

If the result of your 'means test' falls below the required capacity, you will be eligible to file for Chapter 7 bankruptcy. If it's beyond the income requirement, then you would haveto file for Chapter 13 bankruptcy.

Chapter 7 Bankruptcy. If your application for bankruptcy chapter 7 is approved, then you are immediately discharged from all your debts to your creditors. However, bear in mind that this will be reflected on your credit report and will remain for a maximum of seven years.

Chapter 13 Bankruptcy. If you filed for Chapter 13 and is approved, you will be subjected to a five-year repayment plan where you must submit a percentage of your salary each month to pay your creditors. The percentage of the salary deduction would depend on the amount of debt you owe and the value of your monthly income.

Author: Melanie Mathis

About the author:
About the Author
Melanie Mathis is a credit analyst and an assistant writer of Liz Roberts for 8 years. She has been participating in the programs of NHBS, Inc such as their continuous effort in giving out Free Credit Repair and Building Ebook. NHBS also has a list of recommended bad credit credit cards.
Copyright 2009.


Article source: Free Bankruptcy Articles.

We all have the classic image of breaking a piggy bank, whether it be with a feverish slam to the floor or a brutal blow with a hammer. The feeling that is evoked is one full of hastiness, but also, and even more so, a dependency toward whichever amount of emergency money has been put away in said piggy bank. It's a breaking into some last chance savings. Yet, it's more than that; above all else, it's a breaking of the bank, or at least the initial step in doing so. This is said only because it is presumed that you're strapped for cash now, simply evidenced by breaking a piggy bank and that you're getting a bit of a helping financial hand.

However, it's a help that won't last forever, especially since a piggy bank can only hold so much saved funds. Where does this leave you? More or less, you're on the brink of breaking the bank, on the cusp of filing for bankruptcy. And, this is something that is more serious than you could ever wish or want to conceive.

Going Broke Is Not a Joke

Being at the financial point where you have to seek some secured backup funds is bad enough as it is. But, could you imagine amplifying the situations negativity even further? Just imagine the next, very likely step of seeking bankruptcy. And take it into realistic proportions here. It's as the saying goes; there's always bankruptcy to turn to when you've exhausted all other options. Yet, is this really the case? Is it truly a viable option that can yield serious and beneficial results?

These are the questions that need to be asked when positioning (or, really leading) yourself to file for bankruptcy. However, and most importantly, you need to open your eyes and realize that going broke is, without a doubt, no joke.

Consider The Time Involved

Humor a side, going broke and the actual process of getting there can seem almost all too quick. Yet, on the face of it, it was a long time coming. Also, consider the time that will be involved once you are, in fact, broke, and then, subsequently forced to become bankrupt. Bluntly enough, it could take you years to go through and polish up your bankruptcy pursuit.

So, no - there is no miraculous solution or a 'get out of debt free' opportunity for you to take advantage of and use for your instant, ameliorative benefit. The closest thing to such a thing is bankruptcy, and, in all honesty, it's anything but quick and the point- it's difficult, frustrating and far from humorous.

Become Aware of The Problems Attached

Bankruptcy is not a fun process. It's lengthy, grueling and can take quite a toll on your personal and financial life, making it rather complex and more stressful than anyone would truly prefer. What's even worse is the almost explicit prospect of implications that are long-lasting and severely-impacting to your records. Also, it's of utmost importance for you to surmise that bankruptcy isn't for everyone, no matter how dreadful the financial situation at hand appears or is ballooning to be.

Author: E.S. Cromwell

About the author:
With all the above said, you should weigh your options before breaking the bank for good with bankruptcy actions. Instead, why not consider one or two alternatives, such as debt negotiation or hiring a debt consolidation company? Jokes a side, it's up to you.

Article source: Free Bankruptcy Articles.

As we get closer to 'it' happening, I want to once again remind you: DO NOT BE AFRAID.

A group of us decided quite some time ago that some really serious problems with this country could only be solved in one particular way and we undertook plans to solve those problems. Those plans are complete. All the pieces are in place.

As we get closer to the date upon which those problems will be solved, it is important to prepare you, the general public.

Rather than get into some long-winded manifesto, I'll state the facts simply:

1) This nation went to war in Iraq based upon deliberate lies by the President of the United States about non-existent weapons of mass destruction. over 655,000 innocent, unarmed Iraqi men, women and children died as a result. The President deserves to be punished for that.

2) When the lies about non-existent WMD came to light, the Congress refused to do anything to put a halt to the war. They deserve to be punished for that.

3) Barack Obama ran for President despite knowing he was not eligible because he is not a natural born citizen of the United States as required by the Constitution. When the issue came to light, he or his campaign placed a FORGED Hawaiian Certificate of Live Birth on the Internet to deceive the American people into allowing an ineligible person to be President. As such, his election is completely invalid and we see no reason to permit him to take office.

4) When honest, decent, hard-working citizens in over 20 states filed legal actions to challenge Obama's citizenship and eligibility for President, over 20 State Court Judges aided and abetted the usurpation of the Presidency by dismissing the cases without even looking into the issue. Those Judges deserve to be punished for that.

5) When litigants in the aforementioned cases appealed to the federal district courts and later Circuit Courts of Appeal, they were once again thwarted by Judges who aided and abetted the usurpationof the Presidency. Those federal Judge deserve to be punished.

5) When several litigants in the aforementioned lawsuits appealed to the US Supreme Court, the court repeatedly refused to even hear the cases. As the highest court in the land they should have stepped far more carefully. Instead, they too aided and abetted the usurpation of the Presidency. The Supreme Court Justices deserve to be severely punished.

6) When the economy fell apart, the Chairman of the federal reserve and the Secretary of the Treasury both sought hundreds of billions in 'bailout' money to help avert complete financial collapse. Both men promised 'transparency' and a full accounting of who got how much and what the public got as collateral in return. Here we are, weeks after the money was given, both the federal reserve and the Treasury REFUSE to divulge who got how much and what the taxpayer got as collateral. The Chairman of the federal reserve and the Secretary of the Treasury deserve to be punished for their repeated deceptions.

In summation, we presently suffer:
a) a lying, cheating murderously-war-waging existing President;
b) a Congress that refused to do its duty to stop an illegal and unjust war,
c) a Constitutionally ineliigble incoming president elect;
d) judges at the state, federal district, federal circuit and Supreme Court levels that are aiding and abetting the usurpation of the Presidency;
e) a treacherous lying, deceitful federal reserve chairman, and;
f) an overt lying, cheat as secretary of the Treasury.

By themselves, any one or even two of these problems would be merely an illness that the Republic could deal with. Suffering all of these problems at the same time amounts to Cancer. A cancer that is killing our Republic.

There are only two ways to deal with cancer: either you kill it or it kills you.

As a thinking person, it ought to be plain to you at this point, what solution we have in mind and why we're telling you repeatedly, in advance to be not afraid.

Those of you who are familiar with this blog know I choose my words very carefully. I say things like '. . . . . deserves to be. . . . . . , we should . . . . . , we may have to . . . . . . , I wouldn't shed a tear if . . . . . .' and so on. Today, I choose my words just as carefully when I say We are going to do what HAS to be done to confront and solve these problems.

When it happens, do not be afraid. This has needed to happen for a very long time to protect this Republic and the USA will be better off once it does happen.

Author: John S.

About the author:
For More Important Updates & Predictions Regarding The Economy Please Visit Our YOUTUBE Channel ==> http://www.youtube.com/myspacesecrets

Article source: Free Bankruptcy Articles.

If you have been not been living under a rock for the past 2 years you now realise how bad the credit crisis is. People losing houses, people refused credit, the stockmarket collapsing, pension funds shrinking. Just when it seemed that it couldn't get any worse, the start of 2009 isnt what you would call a dreamboat adventure.

People dont realise that the current collapse of the US is just that. People think this is just a stockmarket collapse. Obama has even said that the economy is weak but will get stronger later on in the year 2009. This is indeed wrong, and when Obama takes office he will realise that he will do too little to late and as the US spirals downhill.

It's almost impossible for Obama to save the economy now due to :-

1) Other countries refusing to lend money to the US governments.

2) The amount of money that has been printed and in circulation.

3) The stockmarket is 30% lower than its highs in 2007. It would take a miracle rally to take it back up to the highs.

4) The bond markets are being downgraded and on the verge of full collapse.

5) Interest rates are sitting near 0% now. You can't go minus interest rates or you face massive hyper inflation like japan saw 15 years ago.

6) The US is now the worst debtor nation we have ever seen.

7) The Federal reserve claim that the US economy is fine yet they sit in capitol hill each week begging for money.

8) The commercial real estate industry is on the verge of collapsing.

9) Foreign countries are selling the US dollar and it is devaluing at a rapid rate.

10) The US recession is now it full swing, and the job loss numbers are increasing every day.

Author: John S.

About the author:
For More Important Updates & Predictions Regarding The Economy Please Visit Our YOUTUBE Channel ==> http://www.youtube.com/myspacesecrets

Article source: Free Bankruptcy Articles.