This recovery plan has been made to fail.In Ireland our 'government' came up with this great plan they call nama.Now you would think it would be directed towards peoples homes but they have decided to give the poor banks a break.Developers manage to get the local politicians to rezone land from agricultural to housing then spend a fortune on it just prior to the banking bust.A figure somewhere near 90 billion euro in land and unsold housing is then bought off the banks with bonds secured on our income for the next god knows how many years with the promise of selling the land for a profit when the value recovers.Then on the quiet they have dezoned the land reducing its value by a further 90%.All this has been done to take bad loans off the books of banks who have arranged these loans in the first place.Now we all know where is going,the banking elite want a pottersville just like the one in 'its a wonderful life'.The only difference being they want it on a worldwide scale.You think the last collapse was bad,just wait till you see the next one in 2010.The final nail in the coffin of freedom is what they are after but they underestimate the power of people.Many more people are waking up to their game.Soon it will be time to stand up for what we believe,to stand beside our fellow man and make that change.The way to break away is first get rid of credit cards and pay cash for what we buy,barter for what we can and don't lodge any money into any banks.Open an account with your local credit union if you need to lodge cheques.The only thing that gives banks liquidity is our debt,take away our money and you collapse the regime.Like all empires this one will fall on its ass too...
Post Date: 12/25/09
ALL BUSINESS: No consequences for lying borrowers
Comment: Loan fraud is alive and doing well. How is this going to help our country?
Post Date: 12/24/09
Congress raises debt ceiling to $12.4 trillion
http://news.yahoo.com/s/ap/20091224/ap_on_bi_ge/us_debt_ceiling
Post Date: 12/18/09
Regulators shutter 2 big Calif. banks, 5 others
http://news.yahoo.com/s/ap/20091219/ap_on_bi_ge/us_bank_closures;_ylt=AmlzV6hDm0kSQy6zKOyavies0NUE;_ylu=X3oDMTNrZjRqdTQ5BGFzc2V0A2FwLzIwMDkxMjE5L3VzX2JhbmtfY2xvc3VyZXMEY2NvZGUDbW9zdHBvcHVsYXIEY3BvcwM0BHBvcwMxBHB0A2hvbWVfY29rZQRzZWMDeW5faGVhZGxpbmVfbGlzdARzbGsDcmVndWxhdG9yc3No
Post Date: 12/18/09
Public sector borrowing hits record high
http://news.bbc.co.uk/2/hi/business/8420049.stm
Post Date: 12/16/09
Greece is downgraded by a second credit rating agency
http://news.bbc.co.uk/2/hi/business/8417270.stm
Post Date: 12/14/09
Cleaners 'worth more to society' than bankers - study
http://news.bbc.co.uk/2/hi/business/8410489.stm
Post Date: 12/10/09
Greece's debt reaches 300bn euros
http://news.bbc.co.uk/2/hi/business/8406665.stm
Post Date: 12/10/09
Greeks fear times will get tougher
http://news.bbc.co.uk/2/hi/europe/8404861.stm
Post Date: 12/09/09
Tough 2010 Irish budget unveiled
http://news.bbc.co.uk/2/hi/business/8402551.stm
Post Date: 12/09/09
Spain credit rating downgraded to negative
http://news.bbc.co.uk/2/hi/business/8405029.stm
Post Date: 12/08/09
Greek stocks fall 6% on fears over the country's debt
http://news.bbc.co.uk/2/hi/business/8402406.stm
Comment: The United States is not the only country that is in trouble!
Post Date: 12/05/09
Regulators shut AmTrust Bank in Ohio, 5 others
http://news.yahoo.com/s/ap/20091205/ap_on_bi_ge/us_bank_closures
Post Date: 12/05/09
Report: N.Korea orders soldiers to shoot defectors
http://news.yahoo.com/s/ap/20091205/ap_on_bi_ge/as_nkorea_currency_reform
Angry North Koreans protest currency reform: "North Korea set the exchange rate at 100 old won in cash to 1 new won, though it offered a 10-1 exchange rate for personal savings at banks"
Slideshow comparing the Federal Reserve system to a game of marbles. Background music -The System- from 4:20 Report: David Daniels (fellow Care2 member) with the Talkin' Roots Crew.
I can't believe I haven't posted this earlier!
Post Date: 12/02/09
Germany 'faces new credit crunch'
http://news.bbc.co.uk/2/hi/business/8390792.stm
Post Date: 12/01/09
Weak dollar pushes gold to record $1,201.63 an ounce
http://news.bbc.co.uk/2/hi/business/8389412.stm
Comment: When gold hits $1,500 an ounce, we should all worry and when it hits $2,000 an ounce, the collapse of the dollar is not too far behind!
http://www.guardian.co.uk/business/2009/nov/30/dubai-world-global-debt-mountain
Bernanke Says Limiting Fed Independence Would ‘Impair’ Economy
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aQS1SZ95x778
It's his job to say such things.
And, "The issues are likely to be discussed when he faces the Senate Banking Committee on Dec. 3 for a hearing on his nomination to a second term as chairman."
During the 40’s and 50’s the largest holder of British debt was the United States. During the Suez Crises (October 1956 – March 1957) the United States told Britain that our country would flood the market with the British debt unless they resolved the Suez Crises and this would have caused their economy to collapse!
This is called ‘Economic Blackmail’ and yes, it would have hurt the United States… but it would have hurt Britain far more than it would have hurt us!
China can now do the same thing to the United States!
The United States is a Superpower in name only!
Ironically, my husband and I were just talking about that yesterday.
If China calls in the loan, we are all scr*w*d.
Post Date: 11/14/09
China’s Role as Lender Alters Dynamics for Obama’s Visit
http://www.nytimes.com/2009/11/15/world/asia/15china.html?_r=1&hp
Post Date: 11/14/09
It's China's world. (We just live in it)
http://money.cnn.com/2009/10/07/news/international/china_natural_resources.fortune/index.htm
Post Date: 11/14/09
Why Obama is taxing Chinese tires
http://money.cnn.com/2009/10/07/news/economy/obama_china_tires_tariff.fortune/index.htm?postversion=2009100808
Post Date: 11/14/09
China buys the world
http://money.cnn.com/galleries/2009/fortune/0910/gallery.china_shopping_list.fortune/index.html
Not too long ago, I tried to post about a mag spread that I had read but the post didn't take, and I got tired and lazy.
But, if you can still find a copy, maybe at the local library, the issue is in Fortune, Volume 160, No. 8, October 26,2009.
Titles include, CHINA Buys the World by Alyssa Abkowitz, It's China's World. (We just live in it) by Bill Powell, & WHY OBAMA FIRED A SHOT "Hitting China with a tire tariff, the President hoped to show Americans that he'll enforce the rules on free trade. But he hasn't got much room to alienate the country that finances growing U.S. deficits. by Nina Easton
Post Date: 11/14/09
In China, Obama will glimpse world's new center of gravity
http://www.mcclatchydc.com/homepage/story/78898.html
Post Date: 11/09/09
Gold hits new high on weak dollar
http://news.bbc.co.uk/2/hi/business/8351154.stm
Post Date: 11/08/09
Is the Dollar Dying a Slow Death?
http://www.time.com/time/business/article/0,8599,1935868,00.html
Northern N.,
Sorry to read about the threats!
I don't use my name, the city in which I live, or a photo of myself because of the way some people are and "Yes" I have received 'Death Threats' from students... one of which who is in prison!
This is an excellent thread of information that everyone here at Care 2 would do well to read and follow. You need to get rid of your Federal Reserve and take back control of your own finanaces in America.
The control of your tax money never should have been given to foreign nationals who only intention is to destroy your country. The likes of George Soro's will be happy to see American on its knees.
Interest rates are going to start to sky rocket - and you must make sure you have your finances in order .... "The Formerly Silent Majority" where I am going to start a blog called "America, We Need To Talk." I have spent the past few months collecting information (and a lot longer researching and confirming it) .... The group is now open to everyone's eyes and I hope you will let me know here - in this group how I have done with what I post. These groups are extremely valuable no matter what political spectrum you support. I read this one a lot to learn - and I want to take this opportunity to tell all of you here - that you are excellent teachers .....
Northern Neighbour (Cam Vallee - Canada)
I had Care 2 change my name because I was having death threats mailed to my house in Canada - it upset my family very much because it was coming from America .... so some of you will know me as Cam Vallee
Post Date: 10/31/09
Federal regulators close 9 banks, mostly in West
http://news.yahoo.com/s/ap/20091031/ap_on_bi_ge/us_bank_closures
Ron Paul: "If We Do What's Right, It Will Benefit the Entire World."
On Thursday, Congressman Paul questioned Treasury Secretary Timothy Geithner at a House Financial Services Committee meeting on financial regulations.
Ron Paul Geithner: Fed Res As Lender Last Resort Contributes to Moral Hazard
Stealth Inflation
By John Browne
Published 10/29/09
"However, if the Fed stops paying interest on bank reserves or otherwise &lsquo
ersuades’ the banks to lend, the $1 trillion will be leveraged up by the banks and spewed out into the economy. Fractional reserve banking will transform a $1 trillion monetary base injection into a $9 trillion increase in money supply. When that happens, prices for everything will go through the roof.
So for now, inflation is like a ninja stalking our economy. It’s lurking in the shadows but can’t easily be seen. But once its strikes, it will be fast and deadly."
Post Date: 10/08/09
Banks step in as dollar tumbles
http://news.bbc.co.uk/2/hi/business/8298037.stm
Post Date: 10/08/09
US deficit 'hits record $1.4tn'
http://news.bbc.co.uk/2/hi/business/8296079.stm
Post Date: 10/06/09
Dollar falls on oil plan report
http://news.bbc.co.uk/2/hi/business/8292011.stm
wait a minute! i thought they just printed whatever they needed! lol
Post Date: 09/20/09
Number of failed US banks hits 94
http://news.bbc.co.uk/2/hi/business/8265264.stm
Post Date: 09/06/09
5 weeks on the brink: Reliving meltdown of '08
http://news.yahoo.com/s/ap/20090905/ap_on_bi_ge/us_meltdown_when_the_wheels_came_off
Comment: The current recovery will be very weak and as the world realizes that 'Peak Oil' has occurred, the world will slip back into a massive economic crisis!
Post Date: 09/05/09
Economic crash in Oregon boomtown
http://news.bbc.co.uk/2/hi/americas/8239227.stm
Post Date: 08/29/09
Meltdown 101: Why banks' struggles have worsened
http://news.yahoo.com/s/ap/20090829/ap_on_bi_ge/us_meltdown101_bank_failures
Post Date: 08/26/09
Agency that insures bank deposits may need help
http://www.cbsnews.com/stories/2009/08/26/ap/business/main5267478.shtml
Post Date: 08/26/09
Nigeria bank boss held by police
http://news.bbc.co.uk/2/hi/business/8223416.stm
Comment: It looks like the 'Nigerian Scam' is alive and well in Nigeria!
Post Date: 08/19/09
AP source: Deficit to be $1.58 trillion this year
http://news.yahoo.com/s/ap/20090820/ap_on_go_pr_wh/us_obama_budget
Post Date: 08/17/09
Russian Banks Stepping Up Debt Collection
http://www.themoscowtimes.com/article/600/42/380883.htm
Post Date: 08/17/09
Ruble Takes Biggest Hit Since Early July
http://www.themoscowtimes.com/article/600/42/380877.htm
Post Date: 08/15/09
Colonial BancGroup shut down by federal officials
http://www.newsvine.com/_news/2009/08/14/3154193-colonial-bancgroup-shut-down-by-federal-officials
"Regulators also closed four other banks: Community Bank of Arizona, based in Phoenix; Union Bank, based in Gilbert, Ariz.; Community Bank of Nevada, based in Las Vegas; and Dwelling House Savings and Loan Association, located in Pittsburgh."
Post Date: 08/15/09
Nigeria sacks heads of five banks
http://news.bbc.co.uk/2/hi/business/8202588.stm
Post Date: 08/13/09
'Tipping point' for pension plans
http://news.bbc.co.uk/2/hi/business/8197380.stm
Post Date: 08/10/09
‘You Are Terrifying Us’
http://online.wsj.com/article/SB10001424052970204908604574334623330098540.html
Comment: Will this "Health Care Plan" be the same as what our elected leaders get? What is our elected leaders track record for massive programs... like Medicaid, Social Security... Veterans Care?
Post Date: 08/10/09
Congress Gets an Upgrade
$550 Million Slated for Purchase of Eight More Planes as Lawmakers' Travel Soars
http://online.wsj.com/article/SB124960404730212955.html#mod=loomia?loomia_si=t0:a16:g2:r3:c0.120737:b27020582
Comment: Private Jets for our elected leaders... it must be very nice when you don't have to mingle with the little people!
Post Date: 08/10/09
Lawmakers' Global-Warming Trip Hit Tourist Hot Spots
http://online.wsj.com/article/SB124967502810515267.html#mod=loomia?loomia_si=t0:a16:g2:r2:c0.0900596:b27021934
Comment: Must be nice to take a vacation with taxpayer funds!
Post Date: 08/10/09
Geithner Asks Congress to Increase Federal Debt Limit
http://online.wsj.com/article/SB124970470294516541.html
Post Date: 08/02/09
The Chinese Equity Bubble: Ready to Burst
http://arxiv.org/ftp/arxiv/papers/0907/0907.1827.pdf
Comment: Predictions like this always seem to be about 5 to 10 years off... Instead of this happening in the next week or so (they predicted it to be between July 17 - 27)... I think that it will happen by 2015 or so. (But I could be off by 5 to 10 years!)
Post Date: 08/01/09
U.S. regulators close five banks, total now 69
http://www.reuters.com/article/smallBusinessNews/idUSTRE56U77T20090801
Frank threatens banks to stop foreclosures
http://www.breitbart.com/article.php?id=D99O9AG01&show_article=1
Post Date: 07/28/09
Where Bailout Money Goes to Die
http://www.usnews.com/blogs/flowchart/2009/07/28/where-bailout-money-goes-to-die.html
Post Date: 07/23/09
'Customers pay' as banks rebuild
http://news.bbc.co.uk/2/hi/business/8167784.stm
Post Date: 07/22/09
South Africa discontent spreads
http://news.bbc.co.uk/2/hi/africa/8163187.stm
Comment: A friend of mine came back from South Africa and if I took the time to describe the living conditions, the reader would become sick... it is that bad!
These poor living conditions are spreading around the world, it is not just in South Africa, it is all over and more people are slipping into extreme poverty everyday. If it is happening to others, then it will happen to us!
Post Date: 07/21/09
US 'exposure to crisis $23.7tn'
http://news.bbc.co.uk/2/hi/business/8160282.stm
Post Date: 07/21/09
Bernanke's future - and the Fed's
http://news.bbc.co.uk/2/hi/business/8155327.stm
Post Date: 07/21/09
Professions 'reserved for rich'
http://news.bbc.co.uk/2/hi/uk_news/education/8160052.stm
Post Date: 07/20/09
US financial market bailout tab hits $4.7 trillion
http://news.yahoo.com/s/ap/20090720/ap_on_go_ca_st_pe/us_meltdown_oversight
Who is really in charge?
Our Constitution says Congress has the authority... but the Federal Reserve warns that Congress shouldn't?
Section 8. The Congress shall have power to lay and collect taxes, duties, imposts and excises, to pay the debts and provide for the common defense and general welfare of the United States; but all duties, imposts and excises shall be uniform throughout the United States... To coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures;
The Future Economic Collapse... What is to come?
If you attempt to change banks and your credit is not in good shape anymore especially during this time. You may find that the new bank will not allow you to open an account.
Just like getting a new job now your credit may be checked and find yourself out of luck.
Pretty soon people will not be able to work or cash a check because of credit status!
Dmitry Orlov: Social Collapse Best Practices
http://fora.tv/2009/02/13/Dmitry_Orlov_Social_Collapse_Best_Practices
Comment: This is perhaps, one of the most important 90 minute video that you will watch!
Post Date: 07/18/09
The Risk of Collapse of the World's Economies
http://www.aussurvivalist.com/economic.htm
"To give you a quick example all the worlds oil is bought and paid for in US Dollars. It is estimated that if this were to change the US Dollar would fall by about 40 percent..."
Post Date: 07/18/09
The Coming Economic Collapse
http://www.rense.com/general69/econm.htm
I was just reading the May 2009 World Oil Production Report, which explains the reason why there will be an economic collapse!
http://www.theoildrum.com/node/5395
Explanation: Without cheap abundant energy, we can not have 'Economic Growth' and the economy will stagnate or decline. This means that a lot of people will be losing their jobs. It also means that a lot of people will be going hungry!
The reader can learn more at:
http://www.care2.com/c2c/groups/disc.html?gpp=20949&pst=1153834
Post Date: 07/15/09
The Coming Collapse of The Chinese Economy
http://www.theepochtimes.com/news/5-8-25/31554.html
Post Date: 07/15/09
China grows faster amid worries
http://news.bbc.co.uk/2/hi/business/8153138.stm
Comment: When China collapses, so shall the world!
Nancy,
The link you provided works great and thank you for posting that video link!
SW
Post Date: 07/15/09
Major US lender 'on the brink'
http://news.bbc.co.uk/2/hi/business/8153123.stm
I saw this movie during a talk last spring. Many excellents points. In need to shape our govenrment, and ourselves. I hope that I created the link correctly.
Post Date: 07/15/09
How long will China finance America?
http://www.bbc.co.uk/blogs/thereporters/robertpeston/
Post Date: 07/13/09
Budget deficit tops $1 trillion for first time
http://seattletimes.nwsource.com/html/businesstechnology/2009462553_apuseconomydeficit.html?syndication=rss
Comment: We could hit have $2 Trillion dollar deficit before the year ends!
Post Date: 07/12/09
Gangs rule in El Salvador jails
http://news.bbc.co.uk/2/hi/americas/8119089.stm
Comment: As the world economy collapses, we will see a rise in crime and gangs!
...gee, who didn't see this coming?...
U.S. mortgage fraud 'rampant' and growing-FBI
http://www.reuters.com/article/bondsNews/idUSN0751853920090707
U.S. consumers fall behind on loans at record pace
http://www.reuters.com/article/wtUSInvestingNews/idUSTRE56638720090707
This post was modified from its original form on 08 Jul, 6:24
Sentinel's Consumer Watch thread, perhaps?
but i guess you're not watching the consumer, ha ha.
This post was modified from its original form on 08 Jul, 6:08
Nancy,
Thank You for the kind words.
Yes, I could write articles on yard equipment... which brands to avoid and why... and which brands I use and why!
If you were to check out "Drugs, Weapons & Stuff" you might notice that I have been doing that in a round about kind of way!
http://www.care2.com/c2c/groups/disc.html?gpp=20949&pst=1153664
If you were to check out: "H1N1 -- North American Flu Virus"
http://www.care2.com/c2c/groups/disc.html?gpp=20949&pst=1162609
You would notice that I kind of did that as well!
There are hints, clues, bits and pieces of information hidden all over 'The Sentinels Watch' including a few predictions or two!
Enjoy finding them!
SW
Post Date: 07/07/09
US loan defaults hit record level
http://news.bbc.co.uk/2/hi/business/8139042.stm
Thanks to both Rebecca and Sentinels Watch. Great articles and letters will be written.
YOu know, we hear about how good or bad certain products are when they are new. Rarely do we hear how long they last- cars may be the exception.
And because of the all the news about auto bailouts, we have heard that the manufacturers have to continue to make parts for at least ten years after they no longer make a model.
What about parts for other things? My husband and I keep buying DVD players only to have them break about one day after the warranty wears out. We then find out, you can't get parts. After this happened once (VHS still works!), we went out and bbought the "best" we could find and it was recordable as well as playable. Never even tried to record but sure enough, it borke! Took it in, and big name store refused to deal with it. Took it to a local electronic palce to be fixed. They said it was the laser. Spent six months trying to find a laser for this brand name DVD player. Can't be bought. DVD palyer now dead.
Went to cheap store and bought cheapest DVD palyers we can find. So far so good. I figure in two years, which seems to be the life span of a DVD player, Blu Ray will be more affordable.
Dear Rebecca,
Across the country, Americans are demanding that their representatives in Washington take action to prevent Wall Street and the Big Banks from getting us into another economic mess like the one we're in now. And our representatives are actually listening!
Ask Congress to support the Consumer Financial Protection Agency! Right now, Congress is considering legislation to create a Consumer Financial Protection Agency to guard us against misleading and unfair credit cards, loans and mortgages.
As Public Citizen led the way in creating the Consumer Product Safety Commission in 1972, and in fighting to strengthen consumer protections ever since, we are leading the way in advocating for a Consumer Financial Protection Agency today. In just the past two weeks, thousands of Public Citizen activists signed our petition calling on Congress and the Obama administration to restore some balance to the financial marketplace.
This is a great start, but don't think for a minute that the banks will accept even commonsense rules without a fight. They plan to spend hundreds of millions of dollars--from the billions they got in taxpayer-funded bailouts--on lobbyists and PR to oppose real consumer protections.
You're not a banking industry lobbyist, are you? Then make sure Congress hears from you! Please take just a few minutes to email your representatives and senators asking them to support a Consumer Financial Protection Agency.
We don't have much time. The House Financial Services Committee plans to vote on the new agency before the end of the month. Tell lawmakers right now that you want them to establish a Consumer Financial Protection Agency that will make the banks play fair.
Use our simple online form to email your members of Congress today. Let's build a strong Consumer Financial Protection Agency and a strong economy that works for all of us.
Thank you for all you do!
Angela, Eric, Glenn & Maureen
Your Action Team at Public Citizen's Congress Watch Division
action@citizen.org
My story is still on the front page... so I am reposting it to help new readers find the article that I wrote:
The report is as follows:
I am not sure how best to go about raising the alarm about an insidious form of ‘Rip-Off’ by a major US Retailer… so I will post it on this thread and perhaps the word will get out to other Care2 members!
The major US Retailer is ‘The Sears Holding Corporation’ which owns Sears and Kmart!
http://en.wikipedia.org/wiki/Sears_Holdings_Corporation
Last year, people who held a Sears Charge card were surprised to find out that the payment due dates had been changed to an earlier date. As a result, many people were charged late fees simply because they were not given adequate notice!
This month, the Discover Card has done the same thing and changed the Due date from the 10th to the 6th. For my wife and I, it is not a big deal, but for those who are struggling to make ends meet… this will be a big deal!
If, like last year, those people did not take the time to notice the ‘Due Date Change’ on the Discover Card, then they will be late on their payment and will be charged “Late Fees!”
Yes, I know that the Sears Card and Discover Card are owned by separate companies… but ‘The Sears Holding Corporation’ does have agreements with both companies that allow customers to make payments at any Sears or Kmart store… and ‘The Sears Holding Corporation’ gets paid for this service. They also get paid every time they talk a customer into getting a Sears Card or Discover Card… they also get a kick back every time a customer uses those cards!
Next problem that is going to hurt the person who is struggling to make ends meet…
Today, I went down to Sears to pay off the credit card bill, just as I do every month. This time it was different and it will hurt people who are living from paycheck to paycheck!
When I went to the Sears store, they are now forcing the customer to make an immediate electronic transfer of funds from the customer’s checking account…
In addition to that, they are forcing the customer to sign an agreement to the effect that if the funds are not in the account… the customer will be charged a 10% penalty fee of the payment!
This is not a big deal to me… we have the funds for the $2700 dollar bill and I paid off the credit card in full as I do every month!
But, what ‘The Sears Holding Corporation’ forced me to sign really means that if my payment bounced… my penalty fee would have been over $270 dollars and this does not count what my Bank’s penalty fees would be!
This would have affected our Credit Score and a person's credit score affects car loans, insurance, jobs, it affects everything!
Do you really want to do business with ‘The Sears Holding Corporation’ and their partners?
The bad part about this... it doesn't matter where you live, it is going on all over and the customer has no choice in the matter!
I have posted this story at:
Another Care2 member posted a story that gives another view of what is going on:
"Credit Card Issuers Getting In Their Licks Ahead Of Reform"
http://www.care2.com/news/member/338686546/1182669
Free Credit Report
You do not have to provide a credit card number!
I would suggest that you request that it be mailed to you!
You can request this once a year with all three Credit Bureaus!
Does where you live, shop and who your mortgage company is affect your credit score?
AmEx rates credit risk by where you live, shop
Does where you shop affect your Credit Score?
Your Shopping Habits Affect Your Credit Score
Does your Credit Score affect your chance of getting a job?
Your Credit Score and Jobs
Nancy,
We just received our Chase Credit Card Bill today... it is due on the 17th. They don't even give people 2 weeks now!
They are doing this to cause people to be late!
(The Sears Cards are REAL bad about this!)
This post was modified from its original form on 06 Jul, 13:53
I have had credit card companies moving up due dates for years. It happens to me when I pay immediately. If I wait to send so it gets their just beofre the due date, they don't due that.
My problem with it is that I get paid once a month. If they keep moving it up, eventually I will have to pay twice a month- NOT GOOD!
Hi James,
Not sure why it would say you modified a post, and I have not modified anyone's post.
As for the "send green star" not showing up, it could be that you can't send a green star to yourself for your own post. If you log in as another user, I'm sure you'd see the option. I do not see the option on any of my own posts.
James,
I am not sure what is going on with Care2... after making a post, you can make modifications to it during a specific time period. If you accidentally chose that option and made no changes, it would show as being modified... even if you didn't make a change.
After that small window of time passes, the only thing that can be done to it is if a moderator chooses to delete the post. If that were to happen, you would receive an email notification!
FYI: I am not aware of Rebecca or I deleting anybody's posts. The only time that would occur is if profanity, threats or copyright violations occurred!
I have deleted my own posts but that is all I have done on 'The Sentinel's Watch!'
Now my new post says that it was modified and it was not. Still it does not say send a green star.
We actually try to charge everything on our credit card to get the rewards points which usually we cash in for say a $50. Home Depot card every month. Times 12 months, we get a good return. But, with that being said, we don't go hog wild with charging beyond our means and always pay off in full for the month.
These are related credit card reform bills in the Senate and House.
S. 392, S. 235, S. 414 and HR 627
Didn't read them thoroughly though for that specific rip-off.
S. 414 passed the Senate on 05/19/09. Link for the bill:
We are slaves to the credit card comapnies and it will be our demise. The solution is to make the money first, tear up those credit cards and don't buy into their scam. Cash only will save our sorry, lazy a***s more than we will ever realize. The microchip banking is only a moment away.
The answer is easy. Stop buying on credit cards. We ripped ours up. We are still paying a couple off but we make double, triple payments whenever we can. The problem lies in us, we have been too lax and allowed these guys to go the distance. The end phenomena is we are in debt up to our eyeballs and they are laughing all the way to the bank. Earn the money before buying and pay cash and quit making these criminals rich! You will feel better!
ALL YOUR POSTS ARE SO VERY INTERESTING AND INFORMATIVE SW.
I'M AFRAID THE BIG COMPANIES, BUSINESS, ETC ARE REALLY GOING TO HURT THE OL' HARD WORKING CLASS. IMO THAT IS.
TX SW.
~~HUGS~~
The following is my reflection on what I can remember from my personal history without research on the Internet. The Retail Gasoline companies were the first to issue credit cards. Then along come some of the bigger retail outlets and did the same, with some exceptions. Sears and Wards had a time payment plan for a long time before the issue of cards.
When Bill Clinton was in office he leveled the playing field when he made a way for the Banks to enter into the credit card business. At that time there were many other lenders who made signature loans and others to folks who were not Bank Customers. Some of the names GFC---HFC---and a host of others in most states their were USURY laws that controlled the maximum that could be charged by the Banks and the other lenders.
In my hometown we had a Credit Bureau that kept track of all the folks credit ratings in that close nit geographic region.
Every President since IKE has been in the evil fellowship of tyrants called Bilderbergs. Big surprise for me to find that out, how about you?
Now look what we have today? Some different. That was the plan and it was to put us in bondage to the Banks that the Bilderbergs owned and operated.
The first meetings for the Bilderbergs was in 1956. Some of us were born then some were just dreams not yet to come true. http://www.scribd.com/doc/15335720/Bilderbergs-History-Report-1956
The cold hard to swallow facts are these:
1. The power bosses [Bilderbergs] have had our nation under attack since 1956.
2. Their methodical planning has left simply nothing up for chance.
3. All our Presidents have been put in that office because David Rockefeller deemed it so.
4. We the People were lied too by all up until the Internet come of age; now the real news is for our asking.
5. That means that 53 years of history must be recovered in detail for us having an even chance to produce change once we Take back and rule our Federal Government.
MY TAKE on the solution:
1. We the People Advocates must lease or buy computers and possible need to get special soft ware that will search the databases that we have and put all affairs of the state by specific matters or names in chronological order that we can then can search each bill passed along the way to see if it was valid or flawed. If it was flawed then the change can come quickly if not then laws must be drafted to annul the laws that have been a determent to us having a civil and sane society.
MY TAKE the public needs to know:
1. In We the People Advocates each member will have a voice and vote on each issue that we take before the Congress Senate or Administration.
2. The same databases can be used to assemble the facts quickly and produce an easy to read document for us to read think through then voice and go to a forum or vote as is.
SOLUTION to this major dilemma that we face today in America is ---Who has enough of the knowledge and people to make the changes we need in record time? We must take on that task.
We the People Advocates will have from 3 to 5 million people contributing their time and little bits of money to from this coalition to take back our Rich and Abundant America. I am sure that AARP and many other groups that size will come on board and soon.
Dwight Baker
Dbaker007@stx.rr.com
On my post yesterday, at the bottom of the page it does not say "send a green star". It is the only post that does not say it. I would like to know why?
Did I say something wrong? It's not that I'm fishing for green stars. I am just curious.
This post was modified from its original form on 05 Jul, 16:19
The report is as follows:
I am not sure how best to go about raising the alarm about an insidious form of ‘Rip-Off’ by a major US Retailer… so I will post it on this thread and perhaps the word will get out to other Care2 members!
The major US Retailer is ‘The Sears Holding Corporation’ which owns Sears and Kmart!
http://en.wikipedia.org/wiki/Sears_Holdings_Corporation
Last year, people who held a Sears Charge card were surprised to find out that the payment due dates had been changed to an earlier date. As a result, many people were charged late fees simply because they were not given adequate notice!
This month, the Discover Card has done the same thing and changed the Due date from the 10th to the 6th. For my wife and I, it is not a big deal, but for those who are struggling to make ends meet… this will be a big deal!
If, like last year, those people did not take the time to notice the ‘Due Date Change’ on the Discover Card, then they will be late on their payment and will be charged “Late Fees!”
Yes, I know that the Sears Card and Discover Card are owned by separate companies… but ‘The Sears Holding Corporation’ does have agreements with both companies that allow customers to make payments at any Sears or Kmart store… and ‘The Sears Holding Corporation’ gets paid for this service. They also get paid every time they talk a customer into getting a Sears Card or Discover Card… they also get a kick back every time a customer uses those cards!
Next problem that is going to hurt the person who is struggling to make ends meet…
Today, I went down to Sears to pay off the credit card bill, just as I do every month. This time it was different and it will hurt people who are living from paycheck to paycheck!
When I went to the Sears store, they are now forcing the customer to make an immediate electronic transfer of funds from the customer’s checking account…
In addition to that, they are forcing the customer to sign an agreement to the effect that if the funds are not in the account… the customer will be charged a 10% penalty fee of the payment!
This is not a big deal to me… we have the funds for the $2700 dollar bill and I paid off the credit card in full as I do every month!
But, what ‘The Sears Holding Corporation’ forced me to sign really means that if my payment bounced… my penalty fee would have been over $270 dollars and this does not count what my Bank’s penalty fees would be!
This would have affected our Credit Score and a person's credit score affects car loans, insurance, jobs, it affects everything!
Do you really want to do business with ‘The Sears Holding Corporation’ and their partners?
The bad part about this... it doesn't matter where you live, it is going on all over and the customer has no choice in the matter!
I have posted this story at:
Another Care2 member posted a story that gives another view of what is going on:
"Credit Card Issuers Getting In Their Licks Ahead Of Reform"
http://www.care2.com/news/member/338686546/1182669
Post Date: 07/03/09
MOUNTAIN OF DEBT: Rising debt may be next crisis
http://www.chron.com/disp/story.mpl/ap/business/6510316.html
Post Date: 07/03/09
Court revokes 'exile' decision
http://news.bbc.co.uk/2/hi/uk_news/8132374.stm
Comment: Secret Laws! Secret Courts! Secret Evidence!
It's not just in the United States!
Post Date: 07/03/09
Italy adopts law to curb migrants
http://news.bbc.co.uk/2/hi/europe/8132084.stm
Comment: All the pieces of the puzzle are starting to fall in place. Citizen Patrols, vigilantism, poorly trained under-funded law enforcement... one does not need to be a prophet or soothsayer to see where this will go!
Do we really want to travel down this path?
Post Date: 06/30/09
Sharp contraction for UK economy
http://news.bbc.co.uk/2/hi/business/8125898.stm
Post Date: 06/30/09
China 'agrees huge Zimbabwe loan'
http://news.bbc.co.uk/2/hi/africa/8126555.stm
Comment: We are seeing the growing economic power of China!
Post Date: 06/26/09
Poll test for Argentina's power couple
http://news.bbc.co.uk/2/hi/americas/8118464.stm
"The elections are taking place not only amid deep economic problems, but also amid complaints of government incompetence. Official figures, long contested, put inflation at around 5% while private analysts says the annual inflation rate is at least 15%. Consumer spending has slumped, while crime and poverty have become increasingly visible problems. Many Argentines have been shifting their savings into dollars and sending it offshore, unsure of the government's ability to deal with their economic woes."
Post Date: 06/27/09
Russia Signals It Will Stay Out Of OPEC
http://www.rferl.org/content/Russia_Signals_It_Will_Stay_Out_Of_OPEC/1763928.html
Post Date: 06/26/09
China argues to replace US dollar
http://news.bbc.co.uk/2/hi/business/8120835.stm
Post Date 06/21/09
Europe bank chief warns on debt
http://news.bbc.co.uk/2/hi/business/8111662.stm
Post Date: 06/17/09
Living the blues in New Orleans
http://news.bbc.co.uk/2/hi/americas/8104242.stm
Post Date: 06/14/09
Big economies 'stabilising' - G8
http://news.bbc.co.uk/2/hi/business/8098886.stm
Post Date: 06/11/09
World Bank sees even worse slump
http://news.bbc.co.uk/2/hi/business/8095702.stm
Post Date: 06/09/09
Germany's Arcandor in bankruptcy
http://news.bbc.co.uk/2/hi/business/8091298.stm
Post Date: 06/05/09
Latvia Fights Devaluation Talk As Economic Crisis Bites Deeper
http://www.rferl.org/content/Latvia_Fights_Devaluation_Talk_As_Economic_Crisis_Bites_Deeper/1747861.html
Post Date: 05/23/09
Australians get stimulus handouts
http://news.bbc.co.uk/2/hi/asia-pacific/8065525.stm
Post Date: 05/22/09
BA nosedives into massive losses
http://news.bbc.co.uk/2/hi/business/8062844.stm
Post Date: 05/22/09
U.S. closes BankUnited, sells to private equity
http://news.yahoo.com/s/nm/20090522/bs_nm/us_bankunited
Post Date: 05/21/09
Markets fall as growth hopes fade in UK
http://news.bbc.co.uk/2/hi/business/8060842.stm
Post Date: 05/20/09
What Does Your Credit-Card Company Know About You?
http://www.nytimes.com/2009/05/17/magazine/17credit-t.html?pagewanted=1&_r=2&ref=magazine
Post Date: 05/20/09
Gold demand soars among investors
http://news.bbc.co.uk/2/hi/business/8058360.stm
Post Date: 05/20/09
Japan's economy in record plunge
http://news.bbc.co.uk/2/hi/business/8058708.stm
Post Date: 05/17/09
Singapore firms turn to bartering
http://news.bbc.co.uk/2/hi/business/8052357.stm
Post Date: 05/14/09
Chrysler to close 25% of dealers
http://news.bbc.co.uk/2/hi/business/8050506.stm
Post Date: 05/12/09
Children sanitation alert issued
http://news.bbc.co.uk/2/hi/health/8045073.stm
Post Date: 05/11/09
Deficit Projected To Swell Beyond Earlier Estimates
http://www.washingtonpost.com/wp-dyn/content/article/2009/03/20/AR2009032001820.html?hpid=topnews
Post Date: 05/11/09
US red ink rising even higher, to $1.8 Trillion
http://news.yahoo.com/s/ap/20090511/ap_on_go_pr_wh/us_obama_budget
Post Date: 05/10/09
Neighbourly help in high Pyrenees
http://news.bbc.co.uk/2/hi/programmes/from_our_own_correspondent/8040523.stm
Post Date: 05/10/09
Waiting for Akash
http://www.bbc.co.uk/blogs/indiaelection09/
Comment: Kidnapping for ransom has been a thriving criminal enterprise
Post Date: 05/10/09
Diamonds are a miner's best friend
http://news.bbc.co.uk/2/hi/programmes/from_our_own_correspondent/8038583.stm
Post Date: 05/09/09
Newly Unemployed Get in Line for a Free Meal
http://www.moscowtimes.ru/article/1010/42/376511.htm
Post Date: 05/09/09
I.O.U... A Nation In Debt!
http://www.iousathemovie.com/
Post Date: 05/06/09
Record decline in eurozone sales
http://news.bbc.co.uk/2/hi/business/8035772.stm
Post Date: 04/27/09
Treasury needs record $361B April-June borrowing
Who is going to loan us this money and will it be China?
Quote: The government announced in February that it was bringing back the seven-year note and doubling the number of 30-year bond auctions it would hold each year to help finance the surging borrowing needs.
Post Date: 04/24/09
The Bank Implode-Meter
http://bankimplode.com/
Post Date: 04/24/09
Tracking Loans Through a Firm That Holds Millions
http://www.nytimes.com/2009/04/24/business/24mers.html?_r=1&partner=rss&emc=rss
Post Date: 04/23/09
Chinese Diversification Strategy
http://news.goldseek.com/GoldenJackass/1240509600.php
Comment: This story is not being reported by the major news services... yet this article foretells a major event that will affect our country!
This section is devoted to the future US economic collapse!
