Sunday, July 9, 2006

Why Middle Class Mothers and Fathers Are Going Broke

Why Middle Class Mothers and Fathers Are Going Broke

Excerpt from a new book looking at how the ferocious bidding war for housing in America

Posted by GiveMetheData @ 09:32 PM (592 views)
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One thought on “Why Middle Class Mothers and Fathers Are Going Broke

  • japanese uncle says:

    It just seems to me that neo-exploitation on a grand scale is going on, after the demise of the champion of socialism/communism in 1989. It is the financial institutions, (I mean their owners, not bank clerks) that cannot stop chuckling, with so many sources of exploitation, eg housing mortgage, car loan repayment, credit card repayment, private health insurance (many owned by them after all), high petro cost (ultimately to their profit as well). Workers of the world, stop buying houses, cars (use bicycles instead) and all those unnecessary luxuries and save, and pressurize your governments for spending more money on welfare and healthcare, by droping Trident nuclear deterrent, as effectively ‘promoted’ by the ‘rogue nations’ such as N-Korea with their nice Tepodons (I have little doubt that Kim Jong-il’s Swiss bank accounts must be wallowing in bribe money.) and Millennium Casino.

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