Are you old enough to remember when Masters of the Universe actually felt the need to give back? Can you remember the days when regulations were seen as good things? When the phrase “consumer protection” was used by someone other than Elizabeth Warren? If you’re too young to remember what the world was like when we had decades of prosperity and relative economic fairness in the “managed economy”, or if you want to take stroll down memory lane, back to the days of economic regulation, you may want to crack the spine on this book.
|By: Cynthia Kouril Saturday August 17, 2013 1:59 pm|
|By: fatster Wednesday May 2, 2012 6:30 am|
Fatster compiles links and stories with news about Occupy Wall Street, home ownership, pension funds, US manufacturing, fracking regulations, babies born addicted, Rupert Murdoch, Dominique Strauss-Kahn, Mother Jones and more.
|By: masaccio Sunday March 25, 2012 1:59 pm|
Katherine Porter’s book, Broke: How Debt Bankrupts the Middle Class, is a group of essays based on the 2007 Consumer Bankruptcy Project. The 2007 CBP collected basic information on substantially all Chapter 7 (liquidation) and Chapter 13 (partial repayment plans) cases filed for five consecutive weeks in early 2007, and selected 1000 cases per week for detailed study. The researchers collected data from a) the petitions filed by the debtors, which contain enormous detail about their financial condition; b) other court records; c) questionnaires from about half of the cases; and d) interviews of about 20% of the filers. That is a wonderful cross-section of Americans whose finances were destroyed just before the Great Crash.