economic crisis

I am finally relieved to read that there is a recognition that people losing their jobs have been linked to nearly half of those whose homes have foreclosed on or will foreclose in the near future. Already this year, we have nearly 2 million or more by year's end of people who have lost their jobs, and who will use their jobs.  Read More »

Funeral homes are among the industries, in some states, that are facing evictions and foreclosures. People assume that because life and death are a part of everday life, that somehow this industry would be exempt. I think we have seen that no industry, person or section of today's society can be exempt from financial hardship.  Read More »

Who's ready to start a business? Buy a car? Move to an exciting city?
.... Yeah I didn't think so.  Read More »

My AP Lit teacher was "speeching" at our class the other day - he's culturally informed about the recent economic crisis - and shed light upon a topic that seems all to abstract for our teenage minds to comprehend.

"Some of you may not go to college."

And I ask, "Why not?"

NO MONEY.  Read More »

Have we lost the American dream?  Read More »

We are in an economic crisis that is beyond our imagination. We need to put our political viewpoints aside and really look inside this bill and realize how this will affect all of us, if our Congress does not act soon.  Read More »

It's the scariest thing to have been so secure in something for years and then one day it's ripped away from you.
My family's home went into foreclosure this past September. When my dad told me that he wanted to file for bankruptcy and get out of the house, I cried for days. I had to leave behind the only house I knew and move on to something else.  Read More »

A week of riots and clashes sparked in the capital as the government attempted to raise fuel prices by 50%. Mozambique is often unheard of in international news, but a week of violent riots in Maputo leaving 100 injured and four dead were enough to bring the world's poorest country to the headlines. The fuel price jump was proposed as a response to the 14% rise in diesel fuel costs. Food prices have also experienced an increase due to the rise in fuel costs. The reason that riots erupted was not only because of rising fuel costs, but mainly because of the low wages that people in Mozambique make. The more interesting question may be why is Mozambique so poor and why would the government seek a 50% increase in price to meet the demand?  Read More »