People everywhere are enamored by money. It doesn't seem to matter where it is, how it got there or who has it. For some reason, money is the magnet that attracts the masses. In the 1980's, while American fortunes soured, the Japanese economy thrived.
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Since 2001 America and its allies have battled entrenched guerrilla fighters in Afghanistan and Iraq. For years, this force has disagreed on the role of its participants. For instance, German forces only perform administrative functions in Iraq.
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In the last several days Congress voted to impose rules on credit card companies. Many people and news organizations have cried that profits will be decimated because of the law.
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•The current problem with he banking and finance industry is that, through fictitious financial instruments, a large portion of the US and world economy has evaporated. The money is gone. We now call them "Toxic Assets".
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Let's talk about the REAL problem with credit reporting. Over the last several years the credit reporting industry has become more efficient at reporting credit. Like any other vendor of products, they offer different rates for different purchasers.
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