Occupy Wall Street, And Then What? The Trouble With Grass Roots Debt Relief
Occupy Wall Street, And Then What? The Trouble With Grass Roots Debt Relief
var _sf_startpt=(new Date()).getTime()
var base_url = ‘http://www.articlesbase.com/’;var base_images_url = ‘http://images.articlesbase.com/’;var loading_icon = ‘http://images.articlesbase.com/point-loader.gif’;var loading_wide = ‘http://images.articlesbase.com/loadingAnimation.gif’;var loading_large = ‘http://images.articlesbase.com/ajax-loader-2.gif’;var loading_arrows = ‘http://images.articlesbase.com/loading_arrows.gif’;var loading_dots = ‘http://images.articlesbase.com/dots-horizontal.gif’;var captcha_url = ‘/trigger/captcha/’;
var str_qa_type_your_question = escape(“Ask our experts your Personal Finance related questions here…”); var int_question_title_max_length = 200;
GS_googleAddAdSenseService(“ca-pub-5157679868954075″);
GS_googleEnableAllServices();
GA_googleAddAttr(“Category”, “Finance”);
GA_googleAddSlot(“ca-pub-5157679868954075″, “Article_Bottom”);
GA_googleAddSlot(“ca-pub-5157679868954075″, “Article_Left2″);
GA_googleFetchAds();
function fbLogin(backlink){
if (backlink == null || backlink == ”){
backlink = ”;
} else {
backlink = ‘&backlink=’+encodeURIComponent(backlink);
}
FB.init({appId: ‘d4f0261b49c9a6e9ef675169020100ae’, status: true, cookie: true, xfbml: true});
FB.login(function(response){
if (response.session){
if (response.perms){
// user is logged in and granted some permissions. perms is a comma separated list of granted permissions
window.location = ‘/auth/connect?status=success’+backlink;
} else {
window.location = ‘/auth/connect?status=permissions_error’+backlink; // user is logged in, but did not grant any permissions
}
} else {
window.location = ‘/auth/connect?status=not_logged’+backlink; // user is not logged in in facebook
}
}, {perms:’email,publish_stream,offline_access’});
}
function fbInit(){
FB.init({appId: ‘d4f0261b49c9a6e9ef675169020100ae’, status: true, cookie: true, xfbml: true});
}
var _gaq = _gaq || [];
_gaq.push(['_setAccount', 'UA-318473-1']);
_gaq.push(['_setCustomVar', 2, 'Category', 'Finance', 3],
['_setCustomVar', 3, 'SubCategory', 'Personal Finance', 3],
['_setCustomVar', 4, 'PenNameId', '69158', 3],
['_setCustomVar', 5, 'PublishDate', '2011-12', 3],
['_trackPageview']);
_gaq.push(['_trackPageLoadTime']);
(function() {
var ga = document.createElement(’script’); ga.type = ‘text/javascript’; ga.async = true;
ga.src = (‘https:’ == document.location.protocol ? ‘https://ssl’ : ‘http://www’) + ‘.google-analytics.com/ga.js’;
var s = document.getElementsByTagName(’script’)[0]; s.parentNode.insertBefore(ga, s);
})();
Free Online Articles Directory
Why Submit Articles?
Top Authors
Top Articles
FAQ
ABAnswers
function show_login_box() {
// move banner patch
if($(‘.static_pg_right_col’).length > 0 && $.browser.msie ) {
var ie_version = parseInt($.browser.version);
if(ie_version
Login
if($.cookie(“screen_name”)) {
$(‘#logged_in_true li span’).html($.cookie(“screen_name”).replace(/+/g,’ ‘));
$(‘#logged_in_true’).css(‘display’, ‘block’);
$(‘#top-authors-tab’).css(‘display’, ‘none’);
} else {
$(‘#logged_in_false’).css(‘display’, ‘block’);
}
Email
Password
Remember me?
Lost Password?
Home Page > Finance > Personal Finance > Occupy Wall Street, And Then What? The Trouble With Grass Roots Debt Relief
Occupy Wall Street, And Then What? The Trouble With Grass Roots Debt Relief
Posted: Dec 14, 2011 |Comments: 0
|
var addthis_config = { “data_track_clickback”:true, ui_language: “en” }
if($.cookie(“show_edit”) == ‘yes’) {
$(‘div.moderate_box_open’).css(‘display’, ‘block’);
}
google_ad_channel = AB_cat_channel + AB_unit_channel;
google_language = “en”;
google_ad_region = ‘test’;
There are times in any civilization, no matter how evolved, when the quality of life quotient comes to the forefront of public conversation, the inequality of the classes looms larger, and the difference between the upper class elite and the rest of the population appears too great to ignore. As civil unrest has escalated (and lamentation turns to action and protest), our country has become immersed in discord, and potentially terminal class warfare has spilled onto the streets of many major metropolitan hubs. Starting with the movement in New York City that has become known as Occupy Wall Street and spread nationwide, tens of thousands now entrenched in the financial sectors are protesting the egregious discrepancy separating the wealthiest one percent from the huddled multitudes.
With wages for many Americans too low to afford even major necessities, our proud citizens have found their families helplessly crumbling under unmanageable credit card debt balances, and, while debt relief seems impossibly far removed from their grasp, they nevertheless leap for any potential means of salvation that promises to help them avoid bankruptcy for the moment. As the economy continues its downward spiral towards what now seems sure to be the dreaded double dip recession, a successively greater share of the populace at large has fallen prey to the paralyzing fears of absolute poverty and a level of indebtedness from which their loved ones will never be able to emerge financially secure. There’s quite literally as many different causes for the current monetary woes plaguing our nation as there are divergent consumer misfortunes, but, even if much of the blame should rest at the doorstep of our own borrowers, that should not minimize their strife nor downplay the responsibility of the government to lend a hand.
Forced to occupy the streets and television sets of the nation merely to be noticed, it’s no surprise that the protestors have responded to questions about their motivations with some aggression. Should we really try so hard to ferret out the seeds of resentment driving the heads of household left out of work for over a year despite their best efforts to find paid positions of employment properly befitting their training and experience? Regardless of the half hearted mortgage debt settlement and avoid foreclosure programs currently in operation, Americans are still facing the brunt of foreclosure proceedings as never before, and there’s little faith among the general public that any meaningful credit card debt relief measures will be of any true help to the people suffering to pay their bills.
It’s no secret that the billionaires luxuriating within the rarefied airs of the top one percent continue to receive specialized tax exemptions and extraordinary access to loopholes designed purely for the benefit of the well to do, and this preferential treatment must rankle any consumer whose own fiscal problems remain ignored. Relentless lobbying has earned corporations substantial political influence that not only intrinsically maintains the unfair dispensation of assets but also, through essentially purchasing favorable and self serving pieces of bail out legislation, their own effective means of debt relief. No matter what some parties might have to say on the matter, the activists behind Occupy Wall Street aren’t hoping for anything more than to see their own affairs treated with an equivalent grace.
-
About the Author:
My name is Cole I am a professional in the financial fields of bankruptcy and debt settlement.
Article Source
Leave a Reply