Navigating a Tough Economy with Gordon Oliver

Today, The Two Mikes again spoke to Gordon Oliver from Cambridge Credit Counseling. Mr. Oliver, frank as always, said that the signs of more economic problems for those with debt problems have not wholly abated. The nation's credit card debt has increased to 1.3 trillion and college-loan debts have increased to $1.92 trillion. In addition, in the past year 40-percent of Americans have dipped into their retirement funds to avoid foreclosures. On the school loans, Mr. Oliver noted that the government's new move to "forgive" $11 billion dollars for public employees at all levels of government -- which of cours...