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Saturday, December 13, 2008

In search of an insurance policy

The foreclosure tallies keep reaching all-time highs in every corner of metro Atlanta - mostly due to the failure of subprime mortgages.

Georgians with subprime mortgages are more likely than ever before to have fallen behind on their payments. But that's not the most important upward trendline when it comes to the mortgage meltdown.

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Consumers, officials seek credit card reform

If the government were forced to use the same accounting methods required by public companies, they would show a debt of over 56 trillion dollars.

That's a lot of money folks, and the only way to pay it off is to slash spending or print more money. Watch as an entire generation of Americans see their bank accounts, investments and retirement savings absolutely destroyed. Posted 14/02/08 at 10:40 AM EST | Alert an Editor | Link to Comment . read more