Wednesday, January 11, 2006

No Meat, Just Snark

Personal bankruptcy filings hit record in '05
WASHINGTON - The rush of indebted consumers to file bankruptcy before a tough new law took effect pushed personal filings for 2005 to their highest annual level on record — more than 2 million, according to new data.
Because the economy's looking up, right?

Seriously, I cannot imagine the annoyance to creditors when anyone who was afraid of the new law rushed to beat it to the finish line. These are not signs of a healthy country.

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