Jun 4, 2009 10:09am
Bankruptcy Stunner – Thousands Sinking Every Day
EmailTimes are tough, unemployment may reach 10% and the toll can now be seen in the numbers of Americans falling into bankruptcy. There was a stunner of a number in this morning's USA Today. 6,020 individuals and companies are now entering bankruptcy every day. Filings fell after changes in the code ushered in harsher penalties for those declaring bankruptcy back in 2005. But, now, they're soaring anew.
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Should have listened to Ron Paul years ago, but what’s the point. People are reckless with cheap money, and now the country has to feel real pain. Otherwise, why not print us all a billion bucks so we can all be rich.
Posted by: Huh | June 4, 2009, 11:55 am 11:55 am