Despite what you may have heard from the mainstream media, Mitt Romney does not have the Republican nomination locked up. In fact, he is rapidly losing delegates that almost everyone assumed that he already had in the bag. To understand why this is happening, you have to understand the delegate selection process. Each state has different rules for selecting delegates to the Republican national convention, and in many states the “voting” done by the public does not determine the allocation of delegates to particular candidates at all. And the truth is that delegates are the only thing that really matters in this race. In state after state, the Ron Paul campaign is focusing on the delegate selection process with laser-like precision, and it is paying off big time. At this point, there is still a legitimate chance that Ron Paul will be able to win enough delegates to deny Mitt Romney the nomination on the first ballot at the Republican national convention in Tampa. If Romney does not have the 1,144 delegates that he needs on the first ballot, then it becomes a brokered convention and anything becomes possible at that point. (Read More...)
Paying Off
Debt Slavery: 30 Facts About Debt In America That Will Blow Your Mind
When most people think about America’s debt problem, they think of the debt of the federal government. But that is only part of the story. The sad truth is that debt slavery has become a way of life for tens of millions of American families. Over the past several decades, most Americans have willingly allowed themselves to become enslaved to debt. These days, most of us are busy either going into even more debt or paying off the debt that we have accumulated in the past. When your finances are dominated by debt, it makes it really hard to ever get ahead. Incredibly, 43 percent of all American families spend more than they earn each year. Even while median household income continues to decline (now less than $50,000 a year), median household debt continues to go up. According to the Federal Reserve, median household debt in America has risen to $75,600. Many Americans spend decades caught in the trap of debt slavery. Large numbers of them never even escape at all and die in debt. It can be a lot of fun to spend lots of money and go into lots of debt, but it can be absolutely soul crushing to toil and labor for years paying off those debts while making others wealthy in the process. Hopefully this article will inspire many people to try to escape the chains of debt slavery once and for all. (Read More...)