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Although the word ‘debt’ has become the most common term in America’s financial world, but their definitely are several other aspects that are ingrained in its country’s economical system since ages. One of the most striking features is the unequal wealth and income distribution in US and this dismal wealth distribution is the key factor behind the roots of major economic crisis in the country. However the debt relief companies and debt relief programs try hard to provide debt cure to a large and increasing numbers of debtors, the basic economic disparity still continues to be the major cause behind the age-old financial disasters.

Now here goes the full report

A shocking report states that 85% of America’s wealth or total assets of the country is held by the country’s richest 20%, with the poor and the lower class holding a mere 0.3% of wealth share. This means that in terms of actual money, the average non-income holdings of the richest section is $2.3 million per person, whereas the per person holdings in lower class is only $22,000. In terms of income as well, the distinction is significant. The rich enjoy a median income of $259,700, while the lower section is making ends meet with a meager $20,200 only. As a matter of fact, such a Mal-distribution of wealth is useless for a society based on buying and selling goods, as the super-rich plutocrats does not need much of the products and the rest of the lower class who have the needs cannot afford to purchase the finished goods because of their lowered purchasing power. And thus debt has to sustain the market economy, with the growing disparity of wealth distribution over a long period of time.

The faulty system has therefore created an array of consumer debt mechanisms like subprime mortgage, payday loan, intricacies of credit card debt etc. With the inability of a massive number of people and the working class, to pay the expensive sub-prime mortgages and overwhelming credit card bills, a number of financial institutions that was founded on the basis of consumer debt have collapsed and the rest required unprecedented federal financial funds to remain afloat. This in turn has crumbled the housing market and new residential construction, consumer goods market, automobiles, appliances, electronics, which led to colossal destruction of employment opportunities and retirement savings of million Americans. This crash which represented a structural crisis had its roots into the grossly unequal wealth distribution in society, as the industry had to pull the brakes when millions had lost their purchase power or afford-ability. The irony lies in the fact that this super-poor mass of humanity which is the production ground of minerals, agricultural wealth, raw material and hard labor, is excluded from taking part in the world’s market economy, as they cannot spare time from fighting their own personal and ever-increasing burdens of debt and deficiencies.

Ty Hyderally is a labor law attorney in New Jersey specializing in employment law, covering topics related to age discrimination and harassment.

The current employment situation favors the employer. Borrowing the phrase often used when expressing the basic law of supply and demand, this phenomenon can be portrayed as a “buyers market.” There simply are too many merchandise waiting to be to be bought in the labor market. Simply put, scores of job seekers are going after a very limited number of job openings. Employers have a larger crowd of applicants to choose from and can be more selective and discriminating. With too many competitors going after a particular job, applicants are finding it harder to be noticeable in the multitude of job seekers. The current economic problem is making it more vital for job applicants to be more knowledgeable on the fundamental laws of labor and employment.

At the forefront, it is necessary to point out that an overwhelming majority of employment contracts in most jurisdictions in the United States, counting New York and New Jersey, are based on mutual consent. This set-up allows any of the parties, the employer and the employee, to finish the employment relationship at any moment and for whatever grounds, as long as the reason for the termination is not against existing laws and not discriminatory in nature.

Some employers may require prospective employees to sign an employment contract as a pre-requisite to employment. In these cases, the provisions of the contract will be enforced over any general law provisions in case of conflict. The agreement may include complex, complicated, and wide-ranging area that can include a provision that settlement of any dispute arising from the contract shall be made in another state. Job applicants should fully understand the repercussions and mull over seeking advice from a labor attorney before signing such contracts.

There are state and federal laws that cannot be overturned by any employment contract. These rules frequently govern hiring procedures and practices. For instance, a prospective employee cannot be made to forfeit overtime pay as a requirement for getting the job. The age discrimination act of 1967 is enforced by the Equal Employment Opportunity Commission (EEOC). It protects job seekers and employees who are 40 years and above from discrimination based on age. This anti age discrimination act applies not only in hiring procedures, but also in promotion, compensation and to the other terms and conditions of employment.

Job hunters and employees who think that their current or potential bosses are violating any labor laws should seek the help of an experienced labor lawyer.

As per my commitment here are the disadvantages of not using Granada Hills Realtor.

Losing out on expert advice

You can go out and manage your property related dealings, but you will dearly miss an expert opinion every now and then as you are not really accustomed with the business of real estate. Even you might well end up wasting your energy and resources and still achieve next to nothing. All these will add to your woes and you will get frustrated.

Time management

In the absence of a skilled agent you will have to manage time to look after of all the showings and your personal work. You will need to have time to do all the paper works, presentation, meeting with clients, making modifications to your house, arrange for promotion and marketing of the house, and negotiate with all the office bearers concerned and the potential clients. By the end of all of these you will be left exhausted, saturated and burned out. This might cost you more than employing a real estate agent or Realtor like the Granada Hills Realtor.

Quality services of an agent

You can’t get a better worth for your resources and hard work if you go in for agents who offer lowest commission rates on a property sell. You need to realize why a particular product costs you more than others or why fashionable linen is costlier than the ordinary ones. A lot of planning, promotion goes into making your property to draw people and make it look more valuable of buying than others. Hence, it is easy to understand that an agent who charges fewer commission is not going to put in that extra bit of work that will enable you to sell your property. Lower commission is directly proportional to lower perks for the agents. An agent earning chock-a-block of payment is most likely to strain every nerve to tackle any impediment that may crop up.

You must not go in for short term benefits; instead you must have an eye for the longer gains and smarter way of getting the act right in selling your property. It is your property and you just can’t compromise on its proper handover for the sake of saving a few dollars that you would have to shell out to employ a top real estate agent like the Granada Hills Realtor.

After having a look at all the above stated points you can straightforwardly realize what things you will lose and what you will gain by not choosing or by choosing Granada Hills Realtor as your real estate agent. Bear in mind, stop squabbling for every little concern with your agent and start listening and trusting him or her if you really wish to convert your dreams into reality.

Once you have decided to buy a home or sell your existing home to prospective buyers and have completed the ground work then you must look for a skilled professional who can guide you through all the hurdles in attaining your ambitions. When we talk of skilled professionals the most eligible and recommendable name is the Granada Hills Realtors.

Based on your decision whether you partner or don’t with Granada Hills Realtors a list of advantages and disadvantages can be drawn that might help you in your decision.

Advantages of using Granada Hills Realtors

Narrowing down your search

Your agent can do all the research work for you and finding out your likes and dislikes and minimize your search by just concentrating only on properties that suit your needs and that can be profitable both for you and for the agent. An agent is a great source of information and is capable of delivering the goods even in adverse situations. You can be rest assured of good results as a timely closure of your property’s deal will also signal profit to the agent or the Realtor. So, it’s not only yours but also for their best interest that the agents will use every trick in their hat to do what is best for you. An agent guarantees showing of your house to qualified buyers and thus saving your time and energy. The agents mainly concentrate with buyers who have been pre-approved for financing and hence accelerating the process of your property’s sale.

Negotiating with contracts

The agents are well equipped in the implementation of incredibly complex process of contracts and paperwork associated to a property sale that includes the services of attorneys, title or escrow agencies, and notaries. Agents are amazing at negotiating contracts and completing all works that you won’t be able to achieve even after a long time. As agents are well educated and trained in their field they know what to say and when to say. They also help you in determining the correct price of the property and prepare the presentation.

Having access to MLS

Most of the reputed agents or Realtors have access to Multiple Listing Service (MLS) that lists properties that are available for sale. Your agent is the only one who can have access to all possible homes and organize showings for houses that can suit your interest and needs.

Disadvantages will come soon. Keep enjoying this post & share your feedback.

We all love to enjoy our festivals in a grand way. But for that reason we have to spend lot of money to make it glitter. There are lots of things to do preparing the shopping list, going for shopping, resturent costs, spending time with the friends, going to reltives house, giving them gifts etc.

But in this way you have to spend a huge amount which you might can’t afford. So, we need to go for loans & partially we will increase our debts. But if we will make our budget plan at the begining of the festive season this problem must be avoidable. Here are below steps which your make your festive season more memorable without any sudden financial crisis.

1. while preparing your shopping list : While you are preparing your shopping list you have to list up those things which is quality wise good but not branded & purchase those thing from a place where you may bargain.

2. Going for shoping : While your are going for shopping try to go alone or with your family members only & visit your that shopping mall or complex which is walking distance from your home. This will help you to save your travelling expenses & if you will go alone this will cut your fooding cost.

3. Resturent costs : Try to visit the open resturent during the festive season or while shopping. Because if you will go for renowned resturent this will increase your fooding budget.

4. Spending time with the friends : While you are sepending times with your friends in this festive season, use your sharing mentality. This will help your for cost cutting.

5. Go & spend time with your close relatives : As the season is festive so go to your relatives house & spend time with them this will help for free enjoyment without any expenses.

6. Regarding gifts : If you are a very social person & you have to give gifts to your friends & relatives this is a huge expenses for sure. So, if you will purchase through out the year then this will give your less money presure & you may enjoy diffent type of rebates all the time.

So, i am sure that these idea must help you to overcome your expenses tension in this festive season. So, keep enjoying your this festival season & good luck from my end.