The Poor and Middle Class are Still Under the Wheels (Links)

Courtesy of Free-Photos on Pixabay. Creative Commons licensed.

This blog post will be long on links as we approach the tenth anniversary of the beginning of the bullshit known as the Great Recession, among other names, of 2008.

The Recovery Threw the MIddle-Class Dream Under a Benz

There were those who could recoup their losses and those who could not...

The Epicenter of the Housing Bust Is Booming Again. (That’s a Warning Sign.)

Money for nothing, and chicks for free...

The Great Recession Knocked Them Down. Only Some Got Up Again.

Please note the story of Terry Sadler of Richmond, KY. More and more people are in her position ten years on.

The Banks Changed. Except for All the Ways They’re the Same.

I used to document software used by big banks. I have worked for the Federal Reserve Banks. Banks are emphatically not your friend.

The Next Financial Calamity Is Coming. Here’s What to Watch.

Debt levels are higher than ever. Hackers are a wild card.


Did the Government Bailouts Work and at What Cost?

The short answer is Yes, we avoided financial Armageddon — but at a cost. 

Read. Reflect. Talk about it. And remember in November.