The Arizona State Senate clarified an existing law that seemed to be causing confusion as to how long banks and credit card issuers have to pursue debt collection on defaulted accounts. The state Senate says that credit card issuers have six years to pursue people who default on their credit cards. This may give debtors [...]
Archive for March, 2011
The Future of Food Prices: What Will Food Cost in 2015?
March 29th, 2011 
Elisheva Wiriaatmadja 
(Minyanville.com) The current prices in your grocery store don’t presage an approaching storm. But that’s exactly what’s coming, says Bill Lapp, president of Advanced Economic Solutions, a consulting firm in Omaha, Nebraska, and the former chief economist for ConAgra Foods (CAG). In the last nine months, he says, the prices of corn and wheat have [...]
Gerald Celente on Lew Rockwell: Gold, Guns, and Getaway Plans
March 28th, 2011 Elisheva Wiriaatmadja The government and the power elite are out of control. The president rips up the constitution to start another war, and the American boobeosie sit back and watch TV. Wall Street and the big banks rip us off, and Boobus Americanus eats more junk food. But ignoring the criminals who are ruining the entire West [...]
American Empire Collapse: Let’s Spend the Next 440,000 Years Paying National Debt
March 21st, 2011 Elisheva Wiriaatmadja 
It’s hard to not believe that this is not the end of the American empire. How can it not be? The US total outstanding debt has now reached $14,223,730,274,180.80. If you are confused looking at this long line of digits — that number is over 14 trillion dollars. I bet most Americans can’t even conceive [...]
Another Obama War
March 19th, 2011 Elisheva Wiriaatmadja (LewRockwell.com) Following the US-lobbied UN authorization of military murder in Libya, the death-dealing regime of Colonel Gaddafi said immediately that it would stop all killing. That put Obama’s war on hold, for a little while. The crazy Colonel has learned a thing or two about American foreign policy. If you pretend to favor the stated [...]
IRS Issues New Guidance on Forgiven Mortgage Debt
March 16th, 2011 Elisheva Wiriaatmadja The US Internal Revenue Service has released a fresh guidance regarding how cancelled mortgage debts should be handled. This is in time for the upcoming tax season. The agency apparently realized the need to set things clear and straight especially because numerous homeowners have undergone foreclosure, short sales, or loan modifications during the onset of [...]
Posted in Real Estate 
Tags: mortgage, mortgage forgiveness, mortgage forgiveness debt relief act 
No Comments »Marc Faber: Get Ready for QE8 and World War III
March 15th, 2011 Elisheva Wiriaatmadja Very similar to Gerald Celente’s prediction of a Great War, Marc Faber, publisher of The Gloom, Boom and Doom report predicts World War III. In a CNBC interview, Faber, who is now residing in Thailand and owning a farm there, made a prediction of more quantitative easing packages to come and how he sees World [...]
Posted in Marc Faber Tags: American Empire Collapse, great war, marc faber, world war 3 2 Comments »Mortgage Debt May Be Forgiven
March 14th, 2011 Elisheva Wiriaatmadja (TheSpectrum.com) “If your mortgage debt is partly or entirely forgiven during tax years 2007 through 2012, you may be able to claim special tax relief and exclude the debt forgiven from your income,” said Ken Hinton, partner with HintonBurdick CPAs & Advisors. Hinton continues by offering facts the IRS wants you to know about mortgage [...]
Gerald Celente: All the Uprising will Lead to a Greater Global War
March 10th, 2011 Elisheva Wiriaatmadja Just in case you haven’t noticed, what you see is going on in Egypt and Libya or the rest of the Middle East is not only happening there but everywhere. Greece had 30,000 people on the streets last week. It’s going on in Croatia with 20,000 over the weekend. It is also going on in [...]
China’s Canal in Panama: Latin America No Longer America’s Backyard
March 8th, 2011 Elisheva Wiriaatmadja 
The biggest news last February was China’s offer for a new model of development in Latin America. For decades it was dominated by the US, but now it seems that China will be taking over there. China is currently working with Colombia to build a rival to the Panama Canal, which would stretch from the [...]
