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Tax day changed this year.
In order to observe the freeing of slaves, the modern day slave is getting a 2 day reprieve in giving Master our money.
http://finance.yahoo.com/news/Tax-day-extended-to-April-cnnm-517323115.h...
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Jackie Fiest
Thank you master.
"Some scientists claim that hydrogen, because it is so plentiful, is the basic building block of the universe. I dispute that. I say there is more stupidity than hydrogen, and that is the basic building block of the universe."
Frank Zappa
18th April, this is slavery. In Spain 1st May. In medieval time taxes up to 10%, more than this slavery.
In my opinion the economic crisis is not caused by banks, but by goverment who needs tons of money, and the best path to get it is to estimule credit among people. The equation is simple, more credit equals more taxes. The real state buble is the consecuence of big goverment. The more bigger the goverment the more taxes and credit it needs.
So pushed to spend, yet constrained by public relations problems in raising taxes, or selling bonds (national debt.), the government simply encourages the Fed to shove money out the door for people to borrow and then harvests it back in in taxes? Then the distorted debt. bubble passes the productivity needed to sustain it and a blip in the economy allows everyone to realize the problem and all hell breaks loose as the panic spreads. Is that right?
I think I am getting a handle on this stuff.
Well, I agree with yesiamnot that crisis wasn't caused by banks. However, banks are to blame for unethical lending practices for loans and mortgages. When it boils down to the truth of it, the bank (corporation) trained its sales people and set its sales procedures to allow for lending to occur when people clearly didn't qualify for the loans/mortgages. You can blame the public but the average American does not have sound financial education. Think about it, they don't teach it in elementary, middle school, high school or even college - unless you take a finance class. It is a subject so critical in our lives but somehow our public education system doesn't think it's important enough to add to the school curriculum. So let's really pin point the issue and point it at lack of education. That's what happens when people are ill prepared to combat corporations who prey on the ignorant. And this is what marketing is all about - preying on the emotions and senses of the people to buy, spend and want things they do not need...Think about it.
If you apply for loans online, this may help you fight with financial emergencies.