Posts Tagged ‘Debt’
The End of Poverty
Global poverty did not just happen. It began with military conquest, slavery and colonization that resulted in the seizure of land, minerals and forced labor. Today, the problem persists because of unfair debt, trade and tax policies — in other words, wealthy countries taking advantage of poor, developing countries. Renowned actor and activist, Martin Sheen, [...]
Meltup: The New Inflation
The DOW Jones Industrial Average is up almost 70% from its post-financial collapse lows of March 2009 but the rest of the economy and unemployment has not recovered at all. The United States has printed over $2 trillion dollars since 2008 to prop up Wall Street and prevent the complete collapse of the U.S. economy [...]
I.O.U.S.A. – One Nation. In Debt.
Wake up, America! We’re on the brink of a financial meltdown. I.O.U.S.A. boldly examines the rapidly growing national debt and its consequences for the United States and its citizens. Burdened with an ever-expanding government and military, increased international competition, overextended entitlement programs, and debts to foreign countries that are becoming impossible to honor, America must [...]
The Secret History of the Credit Card
The average American family today carries 8 credit cards. Credit card debt and personal bankruptcies are now at an all time high. With no legal limit on the amount of interest or fees that can be charged, credit cards have become the most profitable sector of the American banking industry: more than $30 billion in [...]
In Debt We Trust
In America’s earliest days, there were barn-raising parties in which neighbors helped each other build up their farms. Today, in some churches, there are debt liquidation revivals in which parishioners chip in to free each other from growing credit card debts that are driving American families to bankruptcy and desperation. In Debt We Trust is [...]








