Archive for August 31st, 2011
The latest study on the psychology of debt management from Cynthia Cryder, PhD, assistant professor of marketing at Olin Business School, found that consumers do not always prioritize interest rate, or APR, when paying down debt. Instead they prioritize closing accounts.
Cecelia Mcfeeters
Check out this video of Marco Rubio fighting for debt reduction. Nobody running for President right now articulates the conservative message better than the Junior Senator from Florida.
Sylvia
Neil Cavuto interviewing Mark Tapscott of the Washington Examiner regarding the Debt Celing fiasco-created bi-partisan ‘supercommittee’ on the contributions made bi lobbyists.
Dominica Screws
National Commission on Fiscal Responsibility and Reform – “President Obama created the bipartisan National Commission on Fiscal Responsibility and Reform to address our nation’s fiscal challenges”
The Simpson Bowles commission presented Congress with logical, necessary but drastic cuts that should be used as a guideline for the current dilemma.
If congress and the American people haven’t the guts to tackle these proposals why should the American people think that the problem will be solved before we become Greece economically?
We will get what we deserve.
http://www.fiscalcommission.gov/about
Tameika Papallo