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Credit Card Debt Trap - Part 1 of 10 - Dateline NBC...

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Uploaded by on Mar 29, 2009

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Nonprofits & Activism

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  • Most people who call themselves middle class are really working poor. They may see themselves as being in another class because the super rich wants them to think like that.

    If you make 50k, you are in the same class as minimum wage earners. Don't kid yourself. If you aren't earning 150k, you aren't middle class.

  • its not the very rich or the poor that suffer..its the poor slobs like us in the working middle class that gets screwed..we r the hard working middle class who pay our bills and get taxed to death..we support the poor and replenish the pockets of the rich...its the death of the middle class..

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  • Health care lately seems to be a way to get otherwise financially responsible people in debt by forcing them to use credit cards to pay off the bills. All what has to happen is a serious medical emergency (such as a car accident often caused by irresponsible drivers who speed, are drunk, high etc...). The healthcare needs to be revamped so that people don't end up bankrupted because their life or the life of their loved one depends on the overpriced medication, procedure, consultation etc...

  • yeah my parents a in debt im just starting out ill stay away but there gina have to go through a second bankrupcy to get out of it there credit will never be anygood. dont let your self go into debt and only use prepaid vredit cards or bank cards and if you use a credit card put the money in your check book rejester.

  • This is huge people, it's not going to go away. Where are we going to get the money to pay back $14 TRILLION and counting? We won't, prepare for a big change in a year or so, it won't be a good looking one either.

  • Don't need cable. Cell phones w/ prepaid work great.

  • I agree, health care is a huge problem here also. Where are u from and how does it work.

  • Americans need universal health care insurance in the least.

  • Thanks for sharing. Such an important issue.

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