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Channel: Life on a Shoestring Budget » Economic Depression
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Roundup: Those Silly Financial Advisors

As the economy continues to slide ever deeper into recession – dragging the entire civilized world along with it in one spectacular leap into the great oil scam abyss – we get the mainstream media’s...

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“…the Government is Broke and Broken”

That’s what Angry Bear says about the government bailout of mortgage giants Fannie Mae and Freddie Mac, announced on Sunday, September 7. It will cost the American taxpayers tens of billions of...

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A Tragi-Comedy of Greed

Watching Treasury’s Paulson on Meet the Press Sunday made me sick. That pitiful, pleading look, the bizarre non-logic, the reversion to fear, fear, fear… the guy’s a cheap crook in an expensive suit...

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Survive the ’08 Meltdown: Part 1

Roadblocks and Interference As Congress meets today and tomorrow to grill the principals before Friday’s vote on the $700 billion “emergency” Wall Street bailout plan (which has been in the works for...

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Survive the ’08 Meltdown: Part 2

Food: Eating What You Can Get World markets continue to take dramatic hits and the Dow has fallen below 10,000 for the first time in four years. Seems a lot of banks and other players are unhappy with...

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Taxes, “Socialism”& Political Reality

We’ve seen a lot of desperation as the world (and US) economy tanks in the wake of the mortgage-loss pyramid scheme crash. We’ve heard a lot of hyperbole and rhetoric from the candidates who want to...

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3 Easy Ways to Eat Cheap

The election is now over, the Neocons and their operatives at Treasury and the Fed are doing their best to loot the nation completely before power changes hands, and the citizens are collectively...

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Unemployment: Ways to Avoid It

…or make the best of it. Let’s face it. The “Recession of 2008″ is now officially over, because it is January, the first month of the “Depression of 2009.” The last jobless statistics for ’08 showed...

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Economic Meltdown: IMF Involvement?

For a great many regular hard-working, tax-paying American citizens the way money works in the modern world is very much a mystery. This is not surprising, considering that money has always been a...

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The Next Mortgage Meltdown

The subprime mortgage crisis in just about over. Those whose loans came with usurious interest rates have, if they got behind or lost their jobs, already been foreclosed upon. Now the issue is...

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