It’s The CREDIT Stupid (tags)
Sickened by The Federal State of America Sickened by The Federal State of American Mass Media In this "Economic Crisis" I find it amazing that the simple truth is so "elusive": Truth is: People over-used credit on debt equity. - Now; with over-valued US real estate dropping like a bomb, this debt equity that has been "commercialized" on paper is worthless.
The Sickened State of The Federal Government (tags)
Ill From The Federal State of America TWO WARS; A 100,00 Missing Arms and Legs; A Million Young People Killing and Being Killed; A Million Broken Lives; Torture; Illegal Imprisonment; Court Appointed President; Terrorist WAR; Drug WAR; Immigration WAR on "Aliens"; Federal Government Border Patrol Checkpoints; Failing Economic Model of Debt Appreciation; Federal IRS Property Confiscation; EARMARKS;
IRS Federal TAX Property Liens Underwater (tags)
Federal IRS TAX Collection CRISIS Averted The major Federal tax enforcement and collection system in the United States is in jeopardy. Billions of dollars in IRS property liens are "underwater". IRS property lien collection payments and wage garnishments, based on a persons employment and property ownership, is in a catastrophic state of failure. The United States Federal Government has averted this failure by buying the mortgages and banks that hold these liens and write the paychecks.