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Newsweek: Spending Spree Over April 21, 2008

Posted by pf in Expenses and Savings.
Tags: , , , , , , , , ,

I came across the following article from Newsweek

Essentially, the writer outlines how the spread of credit created a boom in spending that had both positive (increased accessibility to funds for housing, etc) and negative (overspending) effects.  Due to the current crisis and the generally indebtedness of our population, the author wonders if the era of free spending which generated significant growth not only in our own economy but for others around the world is over and what it may mean.

In my view – GOOD.  I have waxed on about similar topics in the past where I have expressed concern about our country ranging from the dire state of personal finances (too much debt, too little savings) to broader topics such as the crisis we are facing with Social Security and Healthcare.

I remain deeply distressed and concerned about the path we are on and the recent bailout proposals for both businesses and consumers who have made foolish mistakes and may be saved via a taxpayer rescue only strengthen this view.  WAKE UP.


1. Success is - November 4, 2010

My sentiments exactly. I know that this is an old post, but it still has relevance. What concerns me in the present though, is the number of people cannot repay their debts, and for that matter, how many people refuse to pay debts although they have the means… What would be the intermediate and final outcome of the fiscally irresponsible deciding not to repay debt?

2. the pilatesbiz - February 8, 2012

the best running shoes are always made of very resilient synthetic rubber,;.

3. marcus anthony bynum - April 8, 2012

and i will give you into the hand of those who seek your life, and into the hand of those whose face you fear- the hand of nebauchadnezzar king of babylon and the hand of the chaldeans…… now back to the frequency response 20hz c 300 condenser microphone h 100 dynamic range 140 db sn- ratio( a weighted) polar pattern………………..

marcus anthony bynum - April 8, 2012

so i will cast you out , and your mother who bore you, into another country where you were not born and there you shall die …….. but to the land to which they desire to return, there they shall not return…….. back to the products akg,s ivm 4500 iem in ear monitoring hardware raises the bar for audio quality tour sound akg high – resolution image ……..

marcus anthony bynum - April 29, 2012

if my final paycheck is insufficient to pay off the entire balance of such advance..

4. marcus anthony bynum - February 13, 2014

vote boycott means forfeit by bangladesh opposition.. by syed zain al- mahmood.. dhaka, bangladesh- ruling on political party and its backers have secured more than half of the seats in the countrys parliament- even though polls arent until janurary ……by the wall street journal…

5. marcus anthony bynum - February 13, 2014

al qaeda offers alliance to secular syeian rebels.. by maria abi-habib … beirut- the leader of al qaeda syria branch said in his first televised interview that he does not want to monopolize power and floated the idea of an alliancewith secular rebels………by the wall street journal…

6. marcus anthony bynum - March 14, 2015

revenue – browse financial obligation revenue permit account 102283700, and 102429896 business owner marcus Anthony Bynum revenue period from 2 quarter of 2014 gross sales 250.00 , purchase price 5.00 , tax measure 280.00 … the document name :untitled… from permit account 102429896… amount paid 25.00 for the 2 quarter of 2014… 3 rd quarter of 2014 gross sales 65.00 amount paid 34.00 $usd… revenue browse financial obligation …permit account 102283700 marcus Anthony Bynum 4th quarter 2013 gross sales 141.00 , and purchase price 54.00 tax measure… 195.00 and the amount paid 18.86$ usd 3rd quarter of 2013 revenue gross sales 65.00 tax measure 65.00 amount paid 6.63…. lets look at the permit account 102283700 , marcus Anthony Bynum business owner 3rd quarter of 2014 revenue gross sales 500.00 rptd total tax 45.00 … also 2 quarter of 2014 250.00 , tax measure 280.00 rptd total tax 26.00 $usd… might have another subject to discuss permit revenue…..

7. marcus anthony bynum - April 21, 2015

a bungling fox in the henhouse : the corporatization of higher education… posted by : timothy mcgettigan corporations will make your life better . corporations will solve your problems , repeat those phrases often enough , and eventually you might believe them. apparently, this is what happened to a surplus of gullible people over the past twenty years, lots of otherwise well – meaning folks became hypnotized by free market mania: the idea that deregulated corporate greed would somehow produce beneficial social outcomes…..

8. marcus anthony bynum - September 12, 2015

permits allow regional desal plant,, by Mitchell white.. permits eased for rooftop solar by Catherine shen… hi desert publishing legals public auction time opf sale in lawful money…

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