Bankrupting the American Dream
- added April 21, 2008
- 3 responses
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- bluegreen01
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Today’s middle American family lives on the edge. Whether it’s an unexpected job loss, staggering personal debt, endless student loans or ballooning mortgage payments, most middle class families in Akron and around the U.S. are just one crisis away from losing the illusion of the so-called American Dream.
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- bluegreen01
- 4 months ago
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Incredibly well done video and certainly representative of what an incredible number of people are attempting to traverse both emotionally as well as financially. The amount of cortisol that these worries facilitates releasing is more than enough to send these otherwise once healthy individuals into heart conditions and/or any other number of stress related diseases.
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- drbehavior
- 4 months ago
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Far too many of us labor under the delusion that this can't happen to us as we skip blithly along never acknowledging that we are one or two missed paychecks from financial disaster.
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Proof positive that Americans are led into believing that credit is a good thing.
Ask yourself this: How many people do you know that own their home outright?
If credit was spelled cred-DEBT, would you want any part of it?
Even now the people who do own their homes are being "targeted" with reverse mortgages.
The bankers are out to own you. Wake Up!
But hey, who can't resist playing in the "suburban olympics"..
i'm beating my neighbor by having the fancier car, the bigger camper, the faster boat, the greenest lawn....
Think about what you buy, or put yourself into DEBT for.
Here is a term everyone should familiarize yourself with: Indebted servitude
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