ElectraGlide
Posts: 1246
Joined: 11/25/2005 From: Maryland Status: offline
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The Economy keeps things flying off the shelves, because so many people over buy with credit cards. A 1950s household would never spend so foolishly like the current generation. That is why the goverment will never end personel bankruptcy. The economy would collapse instantly if the goverment did not bail out these idiots that do not know how to manage money and give them a clean slate to overspend again. It keeps the wheel turning, the credit card companies get a tax credit. I can see bankruptcy in true hard luck, like being unable to work because of cancer or some major hardship preventing you from working. When two adults in a household are non stop working with no sick elderly family members to care for, I just cant see it. I like the person in their 20s or 30s living at home rent free, filing bankruptcy, and every body is suppose to throw them a boo-hoo party. The bankruptcy filers always come out of it with a brand new car also, because they are too good to have a used car. It is always a downgrade they replace the new Mustang GT with an Escort, but it is still new, I guess it is just the bankruptcy lawyers advice on how to properly screw the taxpayer footing the bill.
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