Posted on 10/02/2009 5:53:42 PM PDT by Nachum
WILMINGTON, Del. - Consumer bankruptcies soared 41 percent in September from a year before and climbed from August, as high unemployment and the housing market crash took their toll, the American Bankruptcy Institute said on Friday.
September filings totaled 124,790, the fourth-highest month since the bankruptcy law changed in 2005.
(Excerpt) Read more at msnbc.msn.com ...
All part of the hopey changey gig. You can’t have hopey changey without a lot of bankruptcies.
Wonderful! Great way for average Americana to “de-leverage.”
parsy, who says Go For Broke!
0bama’s fault.
Can’t be true. After all those TARP and Stimulus billions, how could people still be going bankrupt? I mean, Obama is the Community-Organizer-in-Chief, so paying your bills is supposed to be a thing of the past. Besides, isn’t Dear Leader supposed to be spreading rich people’s wealth around? How could all that money not be getting to the little people who voted the socialist into our White House? What went wrong.
Can’t be...the recession’s over./s
We can’t let Democrats skate on the economy.
It has to be the nuclear weapon to achieve gridlock in 2011.
TwelveOfTwenty, who is going broke.
In my state, bankruptcies went sharply up after they installed slot machines 12 years ago. Now that they’re allowing sports betting, it’ll be interesting to see how much higher they go. Not only did bankruptcies increase, but so did divorces, sheriff’s sales, tax lien sales. Pawn shops and payday loan/cash for your car title places sprung up like mushrooms. We’ve got one or the other cash places on every corner, every strip mall, every mile along the highway.
Should have given the “stimulus money” directly to the people. We the people, would have known how to stimulate the economy.
Rebel With A Cause.
Like that bumper sticker might even get one.
Check this site out.
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