Thursday, June 4, 2009

THE ROAD TO RUIN (Desperate attempts to survive Financial Crisis)

In Reality many are digging deeper holes for themselves and Family.
The end result of this will be brutal ( Isaiah 19:2,3,4,5,6,7,8,9) people will turn on each other when it goes beyond human tolerance. This shows the natural risky stages, people actually regrettably have to go through to survive the financial crisis.They have little choice. The runner way train on the hill has been released. The crash will be harder as long as the US Government continues to use band-aid solutions to the problem.
The main stream media are not reporting this. It is time for right thinking people to leave the cities. See the video below.
Royalblood




Payday loan offices have been sprouting up in strip malls and on street corners across America for years before Wall Street collapsed. In these hard times, more people than ever are using payday loans to keep bill collectors at bay. Quick money (at interest rates of around 500% or more) for people with bad credit has been praised by some as a lifeline for the poor and condemned by others as a money trap exploiting families in crisis. Several states have passed laws limiting interest rates, but there is one marketplace that seems to recognize no borders -- the Internet. ANP videographer Lagan Sebert has been tracing the many ways Americans have been ringing up record debt. For this story, Sebert first staked out a conference on Capitol Hill where online payday lenders and lobbyists honed their arguments to Congress against reform; then he traveled to a small town near the Virginia-North Carolina border to learn about the experiences of a man who one day googled "bad credit loans" and soon found himself in more trouble than he bargained for.

source :The real news via APN

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