Monday, December 07, 2009

Banksters Cashing In On Ignorance.

Most of us lack the financial understanding to make informed decisions about what directly affect our lives as is evidenced in recent events, in particular the subprime mortgage crisis, not to mention, the personal bankruptcies, high levels of credit card debt, lack of retirement planning, etc.

Why is this so? Well, the number one reason is that our education system completely fails to teach anything about the very thing we will all be required to manage: the almighty dollar. We need to focus our national attention to addressing this weakness in our national educational system. Fighting financial ignorance and winning this battle is our only hope.

This video should make it perfectly clear how easy it was to convince people to sign on the dotted line regarding the subprime mortgages.


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