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Overunity Machines Forum



I see an economic diasater coming...

Started by the_big_m_in_ok, September 03, 2009, 01:05:30 AM

Previous topic - Next topic

0 Members and 3 Guests are viewing this topic.

Do you think the American economy will ever improve?

Yes, definitely
Possibly, in the long run
No, it will worsen
Undecided

triffid

Debtor prisions coming back?A third of the states in the USA allow it!  As if life wasn't already tense enough for Americans who can't pay their debts, collection agencies are now taking advantage of archaic state laws to have[/size] [/size]some debtors arrested and sent to jail.[/size][/color]More than one-third of US states allow debtors to be arrested and jailed, says Jessica Silver-Greenberg in the Wall Street Journal.[/size]
Judges typically grant arrest warrants when the debtors have failed to show up for court dates or failed to make court-ordered payments.[/size]
Of course, the reason debtors have failed to make court-ordered payments is often the same reason they didn't pay their debts in the first place: They don't have any money.[/size]
In September, a 53 year-old woman named Vivian Joy was stopped for a broken tail-light in Champaign, Illinois. And then, because the cops discovered that she still hadn't paid $2,200 to a collection agency, she was cuffed and carted off to jail.[/size]
Joy's excuse?[/size]
She doesn't have any money.[/size]
Jailing debtors for not paying their debts is apparently especially popular in Illinois.[/size]
(This practice, needless to say, is preposterous. If people can't pay their debts and have no prospect of being able to pay their debts, they should declare bankruptcy. And the debts should be written off. Companies don't go to jail when they default. Neither should people.)[/size]

triffid

If you owe money stay out of Ill!triffid

triffid

Refer to the Henry William Wallace Patent:  [/size]U.S. Patent 3,626,605[/size], “Method and Apparatus for Generating a Secondary Gravitational Force Field.” Just needed to park this somewhere.triffid[/size]

epwpixieq-1

One of the most respected alternative economic news sites on the net: http://www.zerohedge.com/
It has been a great guide to me for the last 3 years.

Best to all.

triffid

Heres a number of businesses you can start on the cheap plus a section for inventors trying to get their idea to market!
http://financiallyfit.yahoo.com/finance/article-113806-11695-4-businesses-you-can-start-for-under-5k?ywaad=ad0035&nc
triffid