notice the similarities between a society that wants free crap from the government-SOMEONE else can pay, and the individuals of society who want things they cannot afford, but buy them anyway-and when they go bankrupt-SOMEONE else can pay.
8 posted on 5/16/02 5:33 PM Pacific by galt-jw
Which of us could afford to buy anything if we didn't go out on faith to buy a home, several cars and other products on credit? If you want to see this nation go into a complete full blown depression worse than anything you could imagine, just eliminate that credit. And if you think buying a used car is the answer, then nobody would be selling new cars.
Most people live on such a thin margin that when they lose their jobs, it doesn't take long before their bills are out of control. Do you suggest that every one live on one income then bank the other? There again, the economy would tank faster than you can say implosion.
Your vision of people runing out to purchase as much as they can before they manipulate the courts into giving them a free pass, is somewhat comical. Do you have any idea what a negative impact a bankruptcy has on people?
Did you just compare people who've been laid off to lifetime welfare recipients? LOL, nice touch.
Where's your vitriolic comments about the corporate free pass when it comes to bankruptcy. The personal bankruptcy probably runs around $50 to $150 K. Any idea what the average corporate bankrupcy is?