<?xml version="1.0"?><rss version="2.0"><channel><title>The American Critic - Business</title><link>http://theamericancritic.com/categories/rss/Business</link><description>Latest Articles Posted on The American Critic Filed Under Business</description><copyright>Latest Articles Posted on The American Critic Filed Under Business</copyright><item><title><![CDATA[HACKING/SCAMMIN]]></title><link><![CDATA[http://theamericancritic.com/articles/HACKINGSCAMMIN/]]></link><description><![CDATA[Ladies and Gentlemen<br />
Just to inform you that this subject is old but it&#039;s happening again.  Heads up...I will not at anytime send you any thing at all promotional.  I was hacked a few times before so anything unusual please let me know.  They really know how to make a person angry.  Thanks, julita]]></description><pubdate>Sat, 09 May 2009 09:59:22 PDT</pubdate><guid>1241888362</guid></item><item><title><![CDATA[Staggering National Debt Figures (Live Tracker)]]></title><link><![CDATA[http://theamericancritic.com/articles/Staggering_National_Debt_Figures_Live/]]></link><description><![CDATA[<img src='http://brillig.com/debt_clock/debtiv.gif' /><br />
<br />
As of current to this posting: <br />
<br />
<strong>National Debt:</strong> $10,536,937,993,181.12<br />
<strong>Estimated Population:</strong> 304,988,674<br />
<strong>Debt Held by Each Citizen:</strong> $34,548.64<br />
<strong>Average Increase Per Day (Since Sept. 28, 2007):</strong> $3.87 Billion]]></description><pubdate>Mon, 27 Oct 2008 23:42:23 PDT</pubdate><guid>1225176143</guid></item><item><title><![CDATA[Insurance Fraud with Sub-prime Mortgages]]></title><link><![CDATA[http://theamericancritic.com/articles/Insurance_Fraud_With_Subprime_Mortgages/]]></link><description><![CDATA[As a realtor I am shock to constantly hear about the sub-prime mortgage crisis.  Every loan that I know originating with less than 20% down payment as security requires a PMI (Private Mortgage Insurance) to cover the loan in the event of foreclosure.  This means every sub-prime mortgage has a PMI.  If you pay for a PMI you already know it is not an insignificant amount of change.  <br />
<br />
So what happened when all these bad loans bellied-up?  Where did the money from the PMI go? Why the hell am I ( a tax payer) expected to pay for these bad loans when there is an insurance company out there who is obligated to pay for these foreclosures?<br />
<br />
I feel like hurricane Andrew just blew through town and now all the insurance companies are doing everything under the sun to escape their responsibility.  <br />
<br />
I think its high time to file a class action suit against these insurance companies who continuously take our money, promise protection and deliver hot air when duty calls.]]></description><pubdate>Mon, 29 Sep 2008 19:30:17 PDT</pubdate><guid>1222741817</guid></item><item><title><![CDATA[Subprime Mortgage Crisis]]></title><link><![CDATA[http://theamericancritic.com/articles/Subprime_Mortgage_Crisis/]]></link><description><![CDATA[Click on the link below for a rather interesting presentation on how the  mortgage-related crisis came about. <br />
<br />
<u><strong><a href='http://docs.google.com/TeamPresent?docid=ddp4zq7n_0cdjsr4fn&amp;skipauth=true'>Subprime Mortgage Crisis Presentation</a></strong></u><strong></strong><br />
<br />
<em>(I didn&#039;t create the presentation, and I&#039;m not sure who to credit for it.)</em><br />
<br />
<img src='http://gabesguide.com/wp-content/uploads/2008/06/subprime_mortgages.jpg' /><br />
]]></description><pubdate>Mon, 29 Sep 2008 14:04:36 PDT</pubdate><guid>1222722276</guid></item></channel></rss>
