Economy Watch

[beast]

[Anonymous]

I predict:

based on the fact that Suze Orman has the ear of tons of women and gay people, but even more importantly she is a regular on OPRAH!!!  If Oprah picks up this Debtor's Revolution that Suze is calling for---

then I predict that this will become the "revolution" which the webbots see coming


 

[Anonymous]

suze had a lot more to say than that clip shows


she sure understands the principle of the self fulfilling prophecy and the yogic method of bringing thoughts into reality (and that these can be used positively or negatively).

[beast]

The banks are killing the country

and they know it


i just don't know how they are going to save themselves in the future

i don't think people are as fickle as they seem to believe them to be.

people are going to remember

the relationship between banks and the common man will never be the same.

if i find the rest of suze's show i'll post it.

~~~~~~~~

it may be interesting to see some of suze's shows from 2006 and compare her opinions to what they are now.

i think suze is one of the good ones.

[beast]

 A Shot Across the Bow (Debtors’ Revolt Watch)

Even though there has been an increasing level of revolutionary saber-rattling in comments, it’s hard to see what the outlet for the anger against the banking industry will be. The brief surge of letter-writing, e-mails, and calls to Congressmen to forestall the TARP proved useless. But Americans don’t go to the barricades or do general strikes, much the less put heads on pikes.

But this sort of revolt does fit, that of a debtors’ strike. It doesn’t require violence or even public assembly.

The first test of public mood will be whether this video (hat tip Karl Denninger via reader Scott) goes viral.

If you do decide to go this route, check your state’s statue of limitations on this type of debt. And even after that time has passed, if you establish a new relationship with the institution (as in get a new credit card or open a bank account), my understanding is that they can reactivate the obligation. Of course, anyone who gets in this sort of fight would presumably never want to do business with that institution again, but a lot of retailers and affinity groups have cards that are operated by one of the big credit card issuers, so you need to be careful.

[Anonymous]

that's the youtube Suze had on her show last night...but Suze spent the first half of her show on the Debtors' Revolt and even when she was doing the Can I Afford it? and the email part of the show she kept referring to the revolt.

watch for news about Suze talking about this on Oprah

[beast]

I predict:

based on the fact that Suze Orman has the ear of tons of women and gay people, but even more importantly she is a regular on OPRAH!!!  If Oprah picks up this Debtor's Revolution that Suze is calling for---

then I predict that this will become the "revolution" which the webbots see coming


 

if the government won't protect the people from usury then the american people just might do it themselves.