Search:

mortgages loans first mortgages second mortgages 25 year mortgages 40 year mortgages 50 year mortgages financing loans refinancing credit

The Coming Collapse of the Middle Class

Online Mortgage Videos
Online Mortgage Videos Online Mortgages
Online Mortgages

Distinguished law scholar Elizabeth Warren teaches contract law, bankruptcy, and commercial law at Harvard Law School. She is an outspoken critic of America's credit economy, which she has linked to the continuing rise in bankruptcy among the middle-class. Series: "UC Berkeley Graduate Council Lectures" [6/2007] [Public Affairs] [Business] [Show ID: 12620]

Channel: Education
Uploaded: December 31, 1969 at 5:59 pm
Author: uctelevision

Length: 57:37
Rating: 4.86
Views: 119554

Tags: bankruptcy  class  economy  middle  

Video Url:


Embed Code:

Video Comments

scientastic (December 31, 1969 at 5:59 pm)
Maybe it would be cheaper to buy a home in a bad school area and use the money saved on the cheaper house to send the kids to private school?!?
Tarchomraicer (December 31, 1969 at 5:59 pm)
And while the COST of items such as clothes may have gone down, it should have gone down much more, because the reality is that people ARE spending much more than they should - thirty years ago, young mothers' babies wore hand-me-downs. Now, they spend $60 per outfit. It's a big waste of money.
Tarchomraicer (December 31, 1969 at 5:59 pm)
Housing & Health insurance, cars, childcare, and taxes are what have gone up over the course of a generation, and Ms. Warren says they are fixed, but are they? MUST we own home, must we get sick, MUST we have cars, and MUST we have childcare? Why can't we rent, be healthier, one own el cheapo car, and look after our own children by working shift or part-time shifts (and this could be done by cutting down on other expenses). Not ideal, but better than going bankrupt.
tu4eva (December 31, 1969 at 5:59 pm)
Ironically, this has happened. Want example? Lehmann.
spankmepz (December 31, 1969 at 5:59 pm)
good job and im canadian,gonna move to china though its the same here
flubno (December 31, 1969 at 5:59 pm)
Yea , the corporations are selling out America.
kayxyz (December 31, 1969 at 5:59 pm)
George W Bush and dimwit US Labor Secretary Elaine Chao have rarely met their jobs creation target in 8 years, proof that tax cuts do not work. The labor pool available in India and China are way too large. In the US, it takes the creation of 100K-130K new jobs created per month just to absorb new graduates into the workforce. Job offshored? It's not coming back and it's not being replaced. As long as Republicans haven't raised taxes on CEOs, they don't care. Bills go onto Elaine Chao's desk.
PeterSodhi (December 31, 1969 at 5:59 pm)
This is absolutely superb both in content and delivery. Totally compelling. Great work.
8data (December 31, 1969 at 5:59 pm)
shes cutei am sure paul xrugman is married with children but they would maxe a good couple as americas greatest economists for middle class peopleamerica is done for, what happened to us, we gave up political will
8data (December 31, 1969 at 5:59 pm)
not all of it is a bad idea, credit gives people access to goods they would not havebrazilian people getting samsung dvds etccredit without limits or multiple credit cards without an understanding of financing is the problem
Other Great resources - Good And Bad Online Mortgages - Mortgages Online - Online Mortgage Loans - Online Mortgage Safety - Online Mortgages

Online Mortgages, Financing, Loans, Refinancing And Credit © 2008 All Rights Reserved.