While we are barraged with consumerism, warm family reunions, red and green displays of devotion, one might ponder how the holidays are for those most affected by our ever despairing economic conditions.
A tent city East of Los Angeles is springing up for those who have lost their homes in foreclosure and cannot afford to pay the rent.
Between railroad tracks and beneath the roar of departing planes sits “tent city,” a terminus for homeless people. It is not, as might be expected, in a blighted city center, but in the once-booming suburbia of Southern California.
The unraveling of the region known as the Inland Empire reads like a 21st century version of “The Grapes of Wrath,” John Steinbeck’s novel about families driven from their lands by the Great Depression.
Meanwhile, in New Orleans, a public housing demolition generates violent protests.
A recent major report tells us, Americans cannot pay their credit cards
Americans are falling behind on their credit card payments at an alarming rate, sending delinquencies and defaults surging by double-digit percentages in the last year and prompting warnings of worse to come…
Even after the recent spike in bad loans, the credit card business is still quite lucrative, thanks to interest rates…
We are seriously listening, don’t be another member of the silient majority….remember what happened last time with that?