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Household Finance Corporation

household finance corporation
Question: Counter-cyclical policy or economic growth??

We know that the PPC shifts outward causing the LRAS to shift outward if there is less
consumption and more saving for private investment in capital goods today. Sources of
savings are households, business and corporations, and government surpluses. We will
find that government deficits cause the government to sell bonds and absorb savings to
finance government expenditures. This means less private sector investment in capital
goods today and higher interest rates. If the counter-cyclical tax cuts made in response
to recent recession in early 2000 are made permanent as congressional Republicans are
attempting to do, will private sector growth suffer as a result?

thoughts?

Answer: BIG BUSINESS MAKE BIG BUCKS = PAY BIG CORPORATE TAX = FEDERAL DEFICIT GOES DOWN

Consensis: Capitalism works well in a Democracy

Financing the American Family (ca. 1935)


Auto Finance Center

auto finance center
Question: Wells Fargo Auto Finance / Violating FDCPA?

If you have been receiving repetitive, demanding, intimidating, threatening, insulting collection calls or if you have received a message from a Wells Fargo Auto Finance collectors/account managers who failed to identify their name and or company they were calling from please report this abusive illegal behavior to:

Federal Trade Commission
Consumer Response Center
600 Pennsylvania Avenue, NW
Washington, DC 20580

You can write a complaint and send it via us mail or you can also complain on the website:

http://www.ftc.gov/ftc/contact.shtm

Please report all abusive illegal behavior to the FTC in efforts to establish a trend and hold this company accountable.

Answer: The FDCPA only applies to third-party collectors, not to a Finance Company collecting on its own debts.

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