Borders Files for Bankruptcy

Image by Getty Images via @daylife The mega chain store Borders has filed for Bankruptcy due to a financial lost among many of its stores. The Mega chain book store has been having problems for years with meeting its bottom line. The sales of books are down due to new forms of technology like the kindle book reader, and online retail giant Amazon. Borders has filed for chapter 11 to give the company a chance to regroup, and get the book store back to its original state of being one of the major players in the saleing of information when it comes to books.

Borders Files For Bankruptcy, To Close Stores

NEW YORK (By Phil Wahba) - Borders Group Inc, the second-largest U.S. bookstore chain, filed for bankruptcy protection, after years of sharp sales declines that made it impossible to manage its crushing debt load, and it plans to close ...

Publish Date: 02/16/2011 8:26

http://www.huffingtonpost.com/2011/02/16/borders-files-for-bankruptcy_n_823889.html

Borders files for bankruptcy; 194 stores closing

Borders files for bankruptcy; 194 stores closing, Eight of 13 Arizona locations owned by Borders Group Inc. will be closed by the end of April, the company announced Wednesday as it filed its long-anticipated request for Chapter 11 ...

Publish Date: 02/17/2011 2:00

http://www.azcentral.com/business/articles/2011/02/16/20110216biz-borders-bankruptcy0216.html

Wealth Gap

Image by jmtimages via Flickr

This past year has been a hell of a year for the American Economy. Gas prices went through the roof, food prices skyrocketed, and the housing market really went all the bad. As the economy went spiraling down hill so did the wealth gap between the poor and middle class. Many Americans lost there jobs which has lead to high rate of unemployment along with people seeking more Government Aide then in past years. Food Stamp benefits skyrocketed as more people applied for benefits to help feed the family. The wealth gap has widen between the poor and middle class and its only going to get worse.

» The Wealth Gap: Chickens, Pots, and the American Dream

Regardless of how the economy is doing it seems the super-rich come out ahead and to prove it, Wall St. has set yet another new pay record. The rest of the nation, not so much.

Reform needed to cut wealth gap: Anand, Prawase say

He said too much wealth, power and knowledge were concentrated in Bangkok and as long as things stayed that way the inequality gap would not be narrowed. Prawase said the average disparity between the rich and the poor in Thailand was ...

Video

Senator Obama on taxation and the wealth gap

In a small gathering in Midtown Manhattan on November 29th, 2007, Senator Barack Obama is asked what he would do to begin to bridge the "wealth gap" between America's very rich and very poor.

Why No Unemployment Benefits

Image by Getty Images via @daylife If you have been watching the news you have heard that many Americans are losing their Unemployment Benefits. The government has cut a lot of folks off from getting benefits for being unemployed. The maximum number of weeks on unemployment I think is 16. The job market has not improved, and many Americans are now forced off the governmental aide that helps them stay afloat. The question is why has the Government decided to stop paying benefits to workers who are entitled to it. Has the Government ran out of money?

Do we really have money to give out for unemployed workers? Our country is in debt, so where is the money coming from to pay unemployment benefits ? Also, why isn't the Government making so that people can get retrained for new industries that are hiring?

How Do You Survive The New Great Depression

Image via Wikipedia The year was 1929 and the economy was in a mess. Many families where living hand to mouth. During this time period, a lot of families where standing in soup lines, unemployed, and homeless. Now lets fast forward to the year 2010-2011, the economy is in a mess, and many people are unemployed. The great depression is among us again so it seems here in the year 2011. The question how does one survive and thrive during this time period. It has been recorded that there were more millionaires made during the Great depression than in any other period in history.

In my opinion, these great men and women came up with a problem that needed to be solved . In the year 2011 the game is the same, and the problems that need to be solved are new. The cure for the unemployed is to create small business that solved problems that stimulate the economy.

Think and Grow Rich, Richest Man in Babylon, Millionaire Next Door - Book Review

This is a book review on the bestsellers, "Think and Grow Rich" by Napoleon Hill, "The Richest Man in Babylon" by George Clason, and "The Millionaire Next Door" by Thomas Stanley and William Danko, sponsored by PapaMedia.com. In one of the most popul...

Cashless Society

Image via Wikipedia The year is 2015 and the dollar bill is not being accepted any where in the world. The Global economy is in full swing and Master Card, Visa, and Discover rule the world through credit. You can't buy, or purchase anything unless you have credit. This is the world to come and the global economy is slowly moving towards a cashless society. When the economy crashes the dollar will have to be replaced and other forms of currency and credit will be something suggested to the people.

Alex Jones – Cashless Society – Part 4 Conspiracy

Alex Jones – Cashless Society – Part 4. Published on January 13, 2011 by Admin · No Comments. ABOUT MICROCHIPS, BIOMETRICS, THUMBSCANS…. NEW WORLD ORDER STUFF, ECT… Turn Your Domain into Profitable Websites… Sites I have on WhyPark ...

BBC NEWS 20090216 Cashless Society

Discussion of coming cashless society BBC News Feb 16 2009

The Cashless Society - Alex Jones on Economics 101

Syndicated talk radio host and documentary filmmaker Alex Jones joins us on Economics 101 to discuss the cashless society. We discuss the looming reality of the scientific control grid and how people can fruitfully resist it. For more information on ...

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Credit What is it

Image via Wikipedia Many people are in debt through the use of credit. I had a credit card that had a huge balance which brought me a huge debt. Is credit really an asset or liability? Credit and the debt there of has really brought this country to its knees. Credit can be a good thing if you know how to use it, but it can also be a liability if you don't use it right. I'm sure you have heard the term OPM or (Other Peoples Money) is a key to getting rich. Bad debt is what keeps you from getting wealthy. Wealth has been built on using other peoples money. Banks are in the business of loaning money and that usually comes through obtaining credit.

CREDIT REPAIR - info from the Credit Secrets Bible

Free report at: http://www.csbcards.com/ - (*24hr Recorded Message (775) 473-9014*) CREDIT REPAIR: info from the credit secrets bible Rebuild Credit: Insider Credit Repair Techniques to Improve Credit Score Fast! What's the fastest way to raise your credit s...

Robert Kiyosaki - New Rules of Money, Part 5/7: Good Debt Vs. Bad Debt

Robert Kiyosaki - New Rules of Money

The Fall of The Dollar

Image via Wikipedia It has been much talk about the dollar bill is slowly dieing. Many economic advisors have talked about how the dollar is falling. Inflation is the real reason that the economy is falling. As prices increases the value of the dollar begins to fall. The dollar used to be backed by gold until 1933 and the gold reserve was stole from Fort Knox. In 1973 the president signed a bill removing the gold standard. Most countries around the globe has lost their global currency. Many third world countries due to inflation has lost their currency and now depend on the World Bank and the IMF. In the coming years nearing 2012 and beyond I global currency called the dollar is not going to be accepted by the world as the global currency because it has lost its value.


What Really Backs the US Dollar?

(1.000); US Dollar Forecast For 2009 (1.000); US Economy - History Proves the US Dollar Will Fail (1.000); The Fate of the US Dollar (1.000); Will the US Dollar Be Worthless? (1.000); Protecting Your Wealth As the US Dollar Loses Value ...


ANYBOBY HAVE CHANGE FOR A WORTHLESS MILLION DOLLAR BILL...LET ...

THERE NEW ROMANS FOR A NEW MILLION DOLLAR BILL YET? OR WILL THAT JUST BE ANOTHER ONE OF MANY "MISTAKES" & BY CHANCE ANYBODY GOT ANY CHANGE FOR IT? BUT DO ME THE FAVOR... NOT IN ANY OF THOSE TAINTED NEW HUNDRED DOLLAR BILLS PLEASE! ...

The inevitable collapse of the dollar

The current account deficit: en.wikipedia.org Summary: Americans are living beyond their means and Asia is currently financing that. But eventually the Asians/Europeans will stop financing the USA and then the bubble will burst. Also check out the 1-...




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