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"In this important and insightful book, Michael Edwards lays bare the mythologies surrounding philanthropy and shows it to be exactly what it is — an essential part of our capitalist system, with all the flaws and foibles found elsewhere — good at what it does best but bad at what it's sometimes expected to do. Anyone who wants the truth of philanthropy in America should read this book."
-- Robert B. Reich, Professor of Public Policy, University of California at Berkeley
The authors of "Up to Our Eyeballs: How Shady Lenders and Failed Economic Policies are Drowning Americans in Debt" blame the rising costs of health care, higher education and housing for making "debt the only mechanism available to many Americans for coping with a job loss or a medical emergency or even everyday needs like car repairs and groceries."
"In my opinion, Barber is right. The heart of this book--a section titled "The Eclipse of Citizens" — provides chapter and verse." --Washington Post Book World
Ninth Circuit Makes Final its Ruling that Vote-Swapping Websites Are Entitled to First Amendment Protection
New York — The Ninth Circuit has confirmed an important First Amendment victory for operators and users of political websites, denying California's petition for rehearing en banc in Porter v. Bowen. Today's order leaves standing an August 2007 ruling by a three-judge panel that the First Amendment protects so-called "vote-swapping" websites from threats of criminal prosecution by government officials.
The news is grim. Housing values are dropping, subprime mortgage meltdowns are spreading, the stock market's uncertain and the overall economy seems to be heading into a recession.
No wonder plenty of us are worried.
Still, you can protect yourself. Here are some experts' top five must-make strategies to do your best now that the economy is likely in for a choppy ride.
Now that the subprime mortgage industry has collapsed, policymakers fear that Americans are shifting their debt to credit cards with deceptive and exploitive terms.