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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: KyrosL who wrote (76992)	7/28/2011 1:33:08 AM
From: TobagoJack	Read Replies (2) \| Respond to of 218639

Does Elizabeth also speak ill of people who offer gold as financial protection advice? Over the past 10 years since the start of the gold conversation w/ cb ILaine, in hindsight, did the consumer need any more financial protection than that offered by way of gold?

To: KyrosL who wrote (76992)	7/28/2011 6:49:22 PM
From: Ilaine	4 Recommendations Read Replies (3) \| Respond to of 218639

I am very much in favor of Elizabeth Warren as head of the Consumer Financial Protection Bureau. I agree with her 100% that some lenders deliberately target low income people. I see it with my own eyes, and so can you, even though you are not a consumer bankruptcy attorney. Just drive around the commercial area of any low income zone in this country. You will see on every corner payday lenders, car title lenders, rent-to-own centers, and check cashers/cambio. If such commerce starts to pop up in your own neighborhood, be afraid. You are not the target but your neighbors are, and they're on their way down. Also, drive around a military base. Same thing. Around here in Northern Virginia, you would see this near Fort Belvoir and Quantico. I see a direct correlation in the epicenters of foreclosures, as well, e.g., Woodbridge.