Is Great America Now Food Stamp Nation!

Posted by Articles Point on Friday, January 6, 2012

Related Posts Plugin for WordPress, Blogger...One in 15 Americans now officially living in poverty as number receiving food stamps rises 8.1% in a year

How does a country end up 15 trillion dollars in debt?  30 years ago, we were just a little over a trillion dollars in debt.  How in the world do supposedly rational people living in “the greatest nation on earth” allow themselves to commit national financial suicide by allowing government debt to explode like that?

Shocking figures revealed today that one in 15 people in America is now living in poverty.

The number – a record high – is spread widely across metropolitan areas as the country’s economic troubles continue to bite.

Nearly 46 million Americans are now taking food stamps, and the growing numbers advanced at 8.1% over just the past year. Because so many of these are children, I was quite interested in a recent study out just last week from the Bertelsmann Foundation. What brings his words to mind is news that 41.8 million Americans are on foodstamps, and the White House estimates 43 million will soon be getting food stamps every month.

Saucedo, who earns $9.70 an hour for about 26 hours a week and lives with her mother, is one of the many Americans who survive because of government handouts in what has rapidly become a food stamp nation.

A seventh of the nation cannot even feed itself.


For those richest Americans who just received a tax break with the recent budget fight in Congress, and others who are comfortable with plenty of food and money and a roof over their heads, the idea of “food stamps” may sound foreign and even a bit strange.

I think Obama loves poor person, that’s why he’s made so many of them. Too, poor people who depend on the government for their daily bread won’t vote against the government that provides the bread. Government welfare soon becomes an entitlement and people will not willingly give up something they believe is theirs by right. Obama knows this, that’s why he wants to bestow more benefits on more people.

Below is one more example of common man in our country. Here are views of a few citizens of our country.

    * Before the liberal infestation I could spend a month in Florida every winter on my retirement funds.
    * Since the libs “redistribution” of my limited wealth, my insurance has doubled, the value of my home has dropped $100K, my investments have tanked and Florida may as well be the moon.
    * I do consider myself lucky to have been able to take my kids to Disney 4 times growing up, I’m aware that many families will never be able to take their kids there.
    * I retired 11 years ago at 39 when I was injured beyond repair; I’m not as old as I sound icon smile Is Great America Now Food Stamp Nation!
    * I don’t care what the libturds say the numbers speak the truth.
    * Obama is making me poor and he still doesn’t loooove me…
    * This is believed to have been caused due to the housing bust pushing many inner-city poor into suburbs and other outlying places and shriveled jobs and income.

Altogether, there are now almost 46 million people in the United States on food stamps, roughly 15% of the population. That’s an increase of 74% since 2007, just before the financial crisis and a deep recession led to mass job losses.
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How to Become Debt Free

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How can you give a loan to a relative in a legal way?

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 My cousin sister is knee-deep in debt. She does not have money to pay back her creditors. She came to my house yesterday and asked me to give her a loan. The loan amount is around $4500. I can afford to lend money to her. But I want to do it in a legal way. Can I draw up a contract by an attorney? Is it the only legal way to help my financially stressed sister? I want to help her out. But I just don't want to lose my hard earned money. Some of my friends are telling me that it is not a good idea to lend her money. Is it really a bad idea to help my sister get out of debts? Thanks for any information.

Solution

Your friends have done their duty by warning you against lending money to your sister. There are myriads of reasons why you should not lend money to her. First of all, if she is going through debt problems, then why is she is not taking advantage of debt plans to resolve the matter? She can easily make a comparative study of the debt plans and select the one that can help her to clear dues faster.

Secondly, your cousin sister could have easily gone to a financial institution and apply for a loan. But she has chosen to not do that. There may be 2 possible reasons behind her decision:

1. The financial institution may charge high interest rate on the loan
2. The financial institution simply reject her loan application




If is she has asked for your help for the second reason, then you are less likely to get back your money. There is another big reason why you should not lend money to your sister. You'll put your family relation at stake by lending her money. If she does not pay back the loan, you'll be compelled to ask about the payment. Her family may tell every body that you are a cold blooded and merciless man, who does not care about his sister. Worse, her family members may tell you to forget the loan completely.

Anyway, there are several ways to lend money to your cousin sister in a legal way. You can make a written agreement with your sister. If she fails to repay the loan, then you won't be liable to pay gift tax to IRS.

Next you can consult a lawyer and ask him to draw up a contract. Make sure the terms and conditions of the loan are properly stated in the contract. Go through the content of the contract before signing it.

If you can't afford an attorney, then you can get help from different lending websites. These websites can help you draw up a contract/agreement for a fee. They will make the agreement as per your requirements. Explain the terms of the loan to your sister clearly.

You should be practical while lending money to your sister. Make sure you tell your sister about the steps you'll be forced to take if she doesn't pay you back. You can also ask her to pledge collateral against the loan. 

Finally, if she can't pledge collateral against the loan, then inform her that you'll be forced file a lawsuit in the event of loan default. This will make her serious about repaying the loan.
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Is Debt Settlement For Everyone?

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The Business Debt Collection Benefit

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Related Posts Plugin for WordPress, Blogger...Why should I consider utilizing collection agency services?

Before using the services of an agency, think about the pros and cons. Your vested interest in collecting the debt supposed to be paid to your company may cause you to overlook issues that are more urgent in matter. A third party who specializes in business debt collection may be the solution. An outside agency whose work specializes in debt collection understands the collection laws. And since this is the nature of their business, they've got more experience dealing with stubborn borrowers.

What are the advantages of passing over the work to the agency?

Bear in mind that an outside agency may have more resources to reach your debtors. After all, that's what their enterprise has specifically been set up for. These people will negotiate hard so that you can receive the money owed to you back. Normally, agencies begin by delivering letters to your debtors. Some cases, however, demand that the borrowers be contacted via telephone call or even a private visit. A third party has the means to execute what has to be done. As much as lawyers are concerned, you will only need to pay for legal action when it's necessary. Agencies will first try to negotiate a plan that will be right for you, them, and the borrowers.


Assuming you have arrived at the decision of employing a business debt collection group to take care of your borrowers for you, there are several things to remember. First, you should figure out the extent to which the collection agency service will go to make sure your debt gets paid. Find out about the resources that the agency could exhaust to get your debtors and ensure that they pay.

Another important thing to consider is transparency. Be sure that the agency of your choice is able to provide you with up to the minute updates of what is going on. Even though it is vital that debt is collected, be sure that the agency is flexible and willing to negotiate with your debtors. Scare tactics are an unproductive way to get debtors to pay the money they owe. Unless you're dealing with professional debtors, try to keep in mind that people will pay if they have the ability to.

Business debt collection is essential. While you might just let things slide, you also have to bear in mind that a steady cash flow is the key to the success of your business. It's up to you to decide which strategies you'll use to ensure the success of your business. Working with an outside collection agency service might be in the best interest of your business.
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How Social credit can help to remove debt, poverty and hunger

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Law firms provide best of turkish lawyer for your service

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