Home Based Business

I found an old blog about 'Broke Britain' that had been published in The Independent:

 http://www.huffingtonpost.com/2008/01/01/broke-britain-millions-f_n_79117.html

Are we all going broke? And is it our fault?

It's not an accident, that's for sure, as people make conscious decisions to buy what they can't afford. Maybe in part influenced by the insiduous marketing of credit card companies and retailers, however you are still responsible for buying what you can't afford.

If often happens like this: your monthly living expenses and incidentals add up to X, and your income is Y, and then some friendly pre-approved 0% credit card application lands in your mailbox, a kindly bank offering you a way to skate along and flirt with your own bottom line.

So people get tempted, and spend what they don't have. That's absolutely THEIR OWN FAULT.

However, it's made much worse, and what pushes nearly everyone over the line into a never ending debt spiral is the credit card companies' and bank's greed. They peddle legitimized usury. After all, there's no such thing as a free lunch, or free credit. The banks aren't helping you to buy that new tv or dress out of the charity of their hearts, they give it to you because they expect return on investment, plus a percentage.  A  BIG percentage.

It's called 'lending'. And, the lending industry do rather well out of people who aren't doing so good. The lending people drive pretty nice cars, live in nice house and have nice bonuses. Do they buy everything in cash, or do they use credit? That remains a mystery, but if I was one of them I would keep my private financial dealings quiet, especially as they've got everyone else's personal finances down to fine art...plus 30%.

If you want to make money, if you want to become financially independent, you 've got to
live like a miser, and invest, invest, invest.

This doesn't change the fact that it's immoral as all hell to run these kind of rackets against the public, but until now, no-one was prepared to stand up and stop em....

check out the previous post.......http://letmeeatcake.wordpress.com/2008/02/28/an-american-politican-on-the-side-of-angels/