“It is hard to be enthusiastic about the economy's prospects when house prices are falling: Households spend less, small business owners can't use homes as collateral for loans and local governments are forced to cut jobs and programs as property-tax revenue disappears.” HardUseHomeGovernmentJobsFallHouseEconomyCuttingTaxesProgramPropertyDisappearLocalsOwnersHouseholdSmall BusinessRevenueLoanEnthusiasticProspectsBusiness OwnersLocal GovernmentSmall Business OwnersCollateralProperty TaxesHouse Prices Author:Mark Zandi
“My mom enlisted in the U.S. Navy in World War II, and my parents actually bought our home thanks to the loan she got through the GI Bill.” WorldWarHomeParentMomBillsMy MomThanksWar Of The WorldsWorld War IiNavyLoanEnlistedGis Book:That Used to Be Us: How America Fell Behind in the World It Invented and How We Can Come Back Source: That Used to Be Us: How America Fell Behind in the World It Invented and How We Can Come Back
“Someone has described the modern American as a person who drives a bank financed car over a bond financed highway on credit card gas to open a charge account at a department store so he can fill his savings and loan financed home with installment purchased furniture. may this also be a description of many modern professed Christians? And may this not be one reason why modern Christians have so little time to pray? Importunity combined with perfect faith in unconquerable!” MayLittlesPersonsReasonHomeChristianPrayerPerfectModernCarPrayingAccountsCreditStoresCardsSavingReason WhyDepartmentGasDescriptionFurnitureHighwaysLoanSavingsCredit CardLittle TimeDepartment StoresUnconquerable Author:Paul Billheimer
“The great common people of this country are slaves, and monopoly is the master. . . . The politicians said we suffered from overproduction. Overproduction, when 10,000 little children, so statistics tell us, starve to death every year in the United States. . . . We will stand by our homes and stay by our fireside by force if necessary, and we will not pay our debts to the loan-shark companies until the government pays its debts to us.” PeopleIfsYearsChildrenLittlesSaidCountryStatesHomeGovernmentForceUnitedCommonPayCompanyUnited StatesMastersPoliticianSlaveDebtStatisticsLoanMonopolySharks Author:Mary Elizabeth Lease
“We want the accursed foreclosure system wiped out.... We will stand by our homes and stay by our firesides by force if necessary, and we will not pay our debts to the loan-shark companies until the government pays its debts to us.” IfsWantHomeGovernmentForcePayCompanyDebtLoanSharksForeclosure Author:Mary Elizabeth Lease