Category Archives: insolvency

More than a third of California households have virtually no savings, are at risk of financial ruin, report says

More than a third of California households have virtually no savings, are at risk of financial ruin, report says http://www.pasadenastarnews.com/social-affairs/20170725/more-than-a-third-of-california-households-have-virtually-no-savings-are-at-risk-of-financial-ruin-report-says Re-posted from PasadenaStarNews. Geoff Geoff Comments: This makes the previous California Senate passing the Single Payer insurance for California residents … Continue reading

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Americans Who Can’t Afford Their Homes Up 146 Percent

Americans Who Can’t Afford Their Homes Up 146 Percent – NBC News http://www.nbcnews.com/business/real-estate/americans-who-can-t-afford-their-homes-146-percent-n774106?cid=public-rss_20170707 Re-posted from NBC News. Geoff Geoff Comments: Pay Attention! the “Perfect Storm” is gaining strength, this is a mortgage bubble brewing, the student loan debt is already … Continue reading

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Why Half of America Doesn’t Even Live Paycheck to Paycheck

Why Half of America Doesn’t Even Live Paycheck to Paycheck – NBC News http://www.nbcnews.com/business/economy/why-half-america-doesn-t-even-live-paycheck-paycheck-n780276?cid=public-rss_20170707 Re-posted from NBC News. Geoff Geoff Comments: And the Elites insist on messing with President Trump when he keeps trying to live up to his campaign … Continue reading

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The Worst Financial Nightmare In Illinois History Erupts As State Comptroller Declares ‘We Are In Massive Crisis Mode’

The Worst Financial Nightmare In Illinois History Erupts As State Comptroller Declares ‘We Are In Massive Crisis Mode’ http://theeconomiccollapseblog.com/archives/the-worst-financial-nightmare-in-illinois-history-erupts-as-state-comptroller-declares-we-are-in-massive-crisis-mode Re-posted from The Economic Collapse blog. Geoff Geoff Comments: As we recently pointed out, Illinois has swept their spending proclivity under … Continue reading

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Official warns Illinois finances in ‘massive crisis mode’

Official warns Illinois finances in ‘massive crisis mode’ http://hosted.ap.org/dynamic/stories/A/APFN_US_ILLINOIS_PAYING_THE_BILLS?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2017-06-17-11-53-44 Re-posted from AP. Geoff Geoff Comments: We have been writing about Illinois and Chicago and their consistent failure to initiate sound money management (nearly all elected officials are Democrats)… Now they … Continue reading

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Unable To Pay Bills, Illinois Sends “Dear Contractor” Letter Telling Firms To Halt Road Work On July 1

Unable To Pay Bills, Illinois Sends “Dear Contractor” Letter Telling Firms To Halt Road Work On July 1 | Zero Hedge http://www.zerohedge.com/news/2017-06-15/unable-pay-bills-illinois-sends-dear-contractor-letter-telling-firms-halt-road-work- Re-posted from Zero Hedge. Geoff Geoff Comments: Illinois and Chicago have been so notorious in their failure to … Continue reading

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