Comments for My Budget 360 http://www.mybudget360.com Wed, 30 Jul 2014 14:17:08 +0000 hourly 1 http://wordpress.org/?v=3.9.1 Comment on Collection nation: One out of three consumers have debts in collection over the past year. A total of 77 million Americans are having problems managing their debt. 22 million consumers have zero credit. by Dan http://www.mybudget360.com/collection-nation-one-third-consumers-debt-in-collection-consumer-debt/#comment-294643 Wed, 30 Jul 2014 14:17:08 +0000 http://www.mybudget360.com/?p=5745#comment-294643 Thank you for your website. I am a loyal reader.

There is one thing you never mention. And that is medical debt. It is not like you have much of a choice in this area unless you just decide to not get help when you need it. This is very difficult to do when you are very sick.

Dan

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Comment on Inflation where it matters: Close to 50 percent of Americans indicate spending more on groceries and fuel this summer. Nearly one third indicate more spending on rent and mortgage payments. by arno http://www.mybudget360.com/inflation-where-it-matters-inflation-2014-data-inflation-items/#comment-294043 Tue, 29 Jul 2014 14:36:51 +0000 http://www.mybudget360.com/?p=5725#comment-294043 The reason for the high averages on the stock market is obvious. The Fed. Reserve is pumping raw money into the stock market, adding shares into their balance sheets. Since they have unlimited amounts of money to spend, all the better for the Dow. Have you been to a grocery store lately? If so, then you see the price differential from one year to the next. I can remember chicken at 39 cents per pound. Ain’t so today. I can remember trucks trolling down my old neighborhood announcing through loudspeakers, “strawberries, strawberries, 4 quarts for a dollar”. What are they now. (?) I think the reason for this mass immigration across the Southern border, is that the powers that be, are importing the next generation of what will be by the time their “harvest” matures, ultra low wage labor. This in addition to their next crop of ultra violent criminal classes, to keep their cousins in the “law” business, in business, at extremely high rates of pay.

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Comment on A trend to working fewer hours and low wage labor: Is America looking at becoming a low wage nation in a race to the bottom? 1 out of 4 people working are in jobs paying $10 an hour or less. by arno http://www.mybudget360.com/trend-low-wage-labor-average-weekly-hours-worked/#comment-294042 Tue, 29 Jul 2014 14:23:27 +0000 http://www.mybudget360.com/?p=5728#comment-294042 There may have been a recovery, but only if you believe in corrupt statistics. I can agree that people are working fewer hours in most cases because of the so called Obamacare, where employers are cutting back on full time hours to try to weasel under the terms of the “law”. In other cases, some employers have been given a one year delay in implementation of the “Act”. In those cases, and I can cite one example by personal knowledge, I know that in this particular case, this worker is working 12 hours per day, 6 days a week. Why ? Because this worker’s employer was given that one year exemption until 2015. After that, whether this workers hours continue like this are doubtful.

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Comment on When does college become too expensive? Tuition growth continues to outpace income growth and the student debt bubble continues to expand with the vast majority of debt going to the young. by arno http://www.mybudget360.com/college-too-expensive-tuition-inflation-young-college-debt/#comment-294037 Tue, 29 Jul 2014 14:12:34 +0000 http://www.mybudget360.com/?p=5734#comment-294037 The financial powers, having already sucked the juices from the bodies of the home lending scams, from the stock/bond mkt. scams. They are now wrapping their webs around the bodies of their current prey, the car loan, personal loan and tuition loan crowd.

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Comment on Driving our way into poverty: Subprime auto debt continues to expand while domestic auto production remains weak. by arno http://www.mybudget360.com/auto-subprime-debt-domestic-auto-production-drops/#comment-294033 Tue, 29 Jul 2014 14:03:00 +0000 http://www.mybudget360.com/?p=5740#comment-294033 95 % of those new cars on the road are leased.

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