The Associated Press reported Wednesday that the two most looked up words in 2012 were “socialism” and “capitalism,” which is mostly due to the election, according to Merriam-Webster. Peter Sokolowski, the editor at large, said that traffic for the two words doubled this year from 2011 when the health care debate heated up and users […]
Archives for December 2012
Economic collapse turning indebted college students into strippers
A growing number of graduates and postgraduate students in the United Kingdom are entering the sex trade industry by taking such jobs as pole-dancing, stripping, lap-dancing, escorting and prostitution. Many are entering this field in order to finance their post-secondary education and keep up with both the costs of living and tuition. New research conducted […]
Who do you trust? New poll finds Congressmen, car salesmen least trusworthy
We all like to lambast politicians and car salesmen as being sleazy, immoral and untrustworthy. But is that all in jest? Well, according to a new Gallup poll, the three least trustworthy members of society are car sales people (eight percent), Congressmen (10 percent) and advertising practitioners/stockbrokers (11 percent). When it comes to actually trusting […]
Entitlement Cliff – GAO warns changes to Social Security, Medicare ‘must be taken’
The Government Accountability Office (GAO) published its fall update titled “The Federal Government’s Long-Term Fiscal Outlook” and it didn’t attempt to sugar coat the future economic collapse in the United States. As Republicans and Democrats debate in Washington, the GAO issued the report and warned that if Congress does not make the necessary cuts to […]
Freddie Mac Halts Eviction Lock-Outs Between December 17, 2012 and January 2, 2013
MCLEAN, Va., Dec. 3, 2012 /PRNewswire/ — Freddie Mac (OTC: FMCC) today announced it is suspending evictions nationwide between December 17, 2012 and January 2, 2013 on foreclosed occupied single family homes, and 2-4 unit properties, that had Freddie Mac mortgages. This is in addition to the previous announcement suspending evictions in eligible major disaster […]