By David DeGraw, Amped Status
Posted on September 18, 2011
Via Alternet

( Downward mobility, homelessness spreading to the middle class, 200,000 public employees laid off? Here are some frightening trends to keep an eye on. )

From The NYTJune 18, 2010 ( Read more... )

From The NYTBy JOHN COLLINS RUDOLF ( Read more... )

Click to view

http://www.huffingtonpost.com/2009/09/21/ann-minch-triumphs-in-cre_n_293423.html

Since last November, the Tompkins County Public Library in Ithaca, N.Y. has received a "cease and desist" order from an attorney general or a lawyer in some faraway state every few days. All the letters said basically same thing: Stop your harassment ( Read more... )

Bloomberg:
Advanta’s Card Shutdown May Imperil Customers, Debt Holders Advanta Corp., the credit-card issuer for small businesses, may leave 1 million customers scrounging to find new lenders and debt holders facing losses of 35 percent after the company shut down accounts to preserve capital ( Read more... )

THE US committee overseeing federal banking-bailout programmes is investigating the lending practices of institutions that received public funds, following a rash of complaints about increases in interest rates and fees ( Read more... )

Bloomberg:American Express, Chase Cut Card Limits, Lowering Credit Scores Wayne Brown has a dilemma. If he reduces his credit-card balance, American Express Co. will cut his credit limit to the amount of the new balance, he said. If he doesn’t make a big payment, his interest rate may skyrocket ( Read more... )

American Consumers Cutting up that Final Credit Card: The End of a 30 Year Consumption Era and the Nervous Breakdown of the Spending Psychosis.

Imagine sitting in a messy room.  Chopped plastic all around you as you sit there clasping a set of red scissors.  Only one more credit card sits in the middle of the room ( Read more... )

Mother Jones:Today's Two Minutes HateHere's the latest reason to hate credit card companies: Shop at Wal-Mart, obviously a sign of financial distress, and your credit limit gets lowered. Hallelujah ( Read more... )