Thursday, September 29, 2011

"DEBT! There is simply too much debt!"

(Excerpts from the new book, "LEGAL CONSUMER TIPS AND SECRETS", by Charles Jerome Ware, former Special Counsel to the Chairman of the U.S. Federal Trade Commission; iUniverse Publishers, 2011).

The reader should know that a major economic depression occurs about every 50 to 60 years.  This is a normal and natural part of a self-correcting "free enterprise" economy after it has been subjected to excessive imbalances by both private sectors and governments.

The Bible makes reference and note of "50-year Jubilees", when historically all debts were forgiven.

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