Bankruptcy Laws: A Forgotten Factor in the American Economy

Posted by admin on January 26, 2009

Before 2005 homeowners could file bankruptcy without losing their houses, commercial property or their mortgages. This provided protection on two fronts. For the homeowner the protection is obvious, as they got a chance to keep their most valuable asset. And for the banks, there was no harm in losing the mortgage, which meant more income in their pocket.

Well, enter George Bush who cared more about corporate interests than the American people. While on one hand holding back on the Read the rest of this entry »

The British View of the New American Presidency

Posted by admin on January 26, 2009

According to Sean Gabb, author of “Barack Obama: An English View,” the British opinion of Obama can be divided into two categories. The first regards him as a combination of Martin Luther King and Nelson Mandela– a savior of both Blacks and Americans in general. The second view is not as politically correct, as some believe Obama is like any other stereotypical black person, who will either be too radical in the Black Power Movement or too ignorant to really Read the rest of this entry »