Comments on: MR Transcript: Italian MMT Summit 2012

By: Nonkuthalo

Nonkuthalo — Sun, 27 May 2012 10:05:07 +0000

I believe that it is more that 6 out of 10.The only way they can be heelpd is to help themselves by throwing out their credit cards and using only what cash they have in their pockets to make purchases and repay their outstanding debts.Why should the government or the credit card companies help these people? Credit card companies are a business after all. If the government tried to step in to help those in financial trouble, it could only be done by raising taxes which would mostly affect the working class. There would be a revolt !! It happens mostly to the irresponsible and ignorant young who have been pampered at home for most of their life expecting to get everything for free. So you might say that their parents should take some of the blame.The only way I can think of to get out of credit card or any other type of debt is to PAY IT OFF or declare bankruptcy which in turn will stay with them the rest of their life.People in financial trouble need to get a second job and allocate all that income to paying off the debt work with and stay in touch with the creditors perhaps try to consolidate some of the smaller debts.

By: screwed again

screwed again — Thu, 19 Apr 2012 00:25:31 +0000

No wonder the banksters are so in love with the Fed. A clever scheme with the government to feather the nests of the financial elite at the expense of hard working folks. What leeches.

By: Donald Wagner

Donald Wagner — Wed, 18 Apr 2012 23:32:18 +0000

Try as I might, I can’t seem to send a copy of this excellent Money article (Italian MMT Summit 2012) to my E-mail via the public library computers. Would someone out there in computer-land help a computer cave-man and send this to: seahorsedonald@yahoo.com
‘Thank you very much.