Mastering My Debt vs. the Troubled Assets Relief Program (TARP)
The TARP program, that big $700,000,000,000 (Yes, with a “B” for Billion), is a program that enabled the government to spend your hard earned tax money on institutions that they deemed “too big to fail”. Where does this money come from? We all heard the war in Iraq cost a gazillion dollars and the country had a substantial debt even before this mess started. Therefore, our trusted government oiled the printing presses and started to print 24/7. What an amazing concept! According to the government, in order to get out of debt we need to spend more money!
Try going home and explaining to your significant other that in order to get out of debt you intend to buy a new Cadillac! The government gave money to Fannie, Freddie, Citi, AIG, GM, Chrysler and the list goes on. Did you notice that your name was not on the list? In your household, if you cannot pay your mortgage or utility bills you are setting yourself up for failure and bankruptcy.
By now, the answer should be pretty clear. Mastering your debt will allow you to free yourself from dependence on those “too big to fail” banks and credit card companies. Now, we already agreed that you cannot spend your way out of debt and hence it’s no surprise that the TARP program in not working. Therefore, why would you pay a debt consolidation company thousands of dollars for a program you can get for free?
Mastering My Debt provides an array of free financial services. The tools provided on Mastering My Debt do not necessarily eliminate a financial advisor but are a proven enhancement providing clarification and knowledge. Many professional counselors purchase identical programs, customize the financial information, and provide them as part of their consultation. By obtaining a free debt elimination report from Mastering My Debt, one can frequently tailor a roadmap to financial freedom.
Since it was founded in 2007, Mastering My Debt has supported financial programs, calculators, articles and news through the profitable selling of advertising. Financial tools are utilized by industries such as mortgage, automotive, real estate and financial services.
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