Monthly Archives: January 2010

Suicide Spreads as One Solution to the Debt Crisis

ShareIn a culture where credit rating is the key measure of self-worth, the increasing response to huge debts is “Just shoot me!” A few days before Congress passed its Housing Bill, Carlene Balderrama of Taunton MA found her own solution … Continue reading

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Suicide and Depression Due To Debt

ShareSevere debt can cause depression and even suicide Some just can’t seem to find a way out By Emily Starbuck Gerson Getting depressed over an increased debt load is normal, experts say. Typically the situation is temporary and as the … Continue reading

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More banks Closed Down 1-29-2010

ShareLooks like more banks are having trouble. Here’s a list of 5 more that closed this week. Totaling 10 closures over the last 2 weeks. First Regional Bank Los Angeles, CA Community Bank and Trust Cornelia, GA Marshall Bank, N.A. … Continue reading

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More Banks Closed By FDIC

ShareColumbia River Bank The Dalles, OR Evergreen Bank Seattle, WA Charter Bank Santa Fe, NM Bank of Leeton Leeton, MO Premier American Bank Miami, FL Barnes Banking Company Kaysville, UT St. Stephen State Bank St. Stephen, MN Town Community Bank … Continue reading

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Walmart Layoffs – What’s The Real Deal

ShareWalmart’s Sam’s Club shocked more than 11,000 of its workers yesterday morning when it called them in to a meeting and laid them off without warning. The reason for the layoffs? Outsourcing. But not to China. Or anywhere overseas. Rather … Continue reading

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Bankruptcy Filings Up 2010

ShareBankrutpcy filings for 2009 were up 33% from the previous year and 2010 is looking to top that number. With the current job outlook and debt problems families are having it seems as though people are running to the bankrutpcy … Continue reading

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3 More Banks Closed

Share3 more banks have been closed / taken over by the FDIC. Updated Date Barnes Banking Company Kaysville, UT J January 15, 2010 St. Stephen State Bank St. Stephen, MN January 15, 2010 Town Community Bank & Trust Antioch, IL … Continue reading

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President Obama “The People Want Our Money Back”

SharePresident Obama held a press conference this week asking for the people’s moneyback from the Wall Street Banks. They seem to feel that it was ok to pay big bonuses to their employees that were responsible for the financial meltdown … Continue reading

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Horizon Bank Shutdown

ShareThe list of bank closures are still rising…As of January 11, 2010 Horizon Bank of Bellingham Washington was taken over by the FDIC. Get Out of Debt Fast

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Domestic Violence Up Due To Debt

ShareRecent news report state that domestic violence murders are up due to the problems families are having with debt. The reported stated that the longer an individual was unemployed the risk increased that they would be involved in some type … Continue reading

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