Another business day closes and another 4000 American families have filed for Bankruptcy, 60% for medical costs and ¾ or them had insurance. You need to be relatively affluent to file for Bankruptcy, the really poor don’t have the fees needed and must simply dodge their creditors. People living their economy cars could probably use one of the SUV’s traded in as clunkers for one that get a couple of miles better gas mileage but they all get crushed.
New Unemployment claims were down but the number of people on extended benefits increased by twice as that much. This even though the number of people whose benefits have run out gets bigger each week. Jobs continue to disappear and you rarely hear of hiring unless the local news shows the thousands of people standing in line for a handful of jobs.
Are you one of the rare businessmen that could create some jobs, good luck getting a loan. The banks are still frozen after nearly a year. Bush was telling Congressmen that if the banks weren’t unfrozen that Martial Law would be inevitable. Trillions of dollars later the large banks are reporting record profits and executive bonuses and the small banks are going under at an ever increasing rate but new lending is rare.
We had to save the large banks because that’s where people in Bush’s neighborhood put their money and they would have been wiped out. I guess he was afraid the National Guard wouldn’t be able to handle all the rioters in $2000 suits. You can’t blame the little smirking chimp, these are all the people he knows (the servants are invisible), he probably thinks there are a lot of his people. In the real world people would like to upgrade their home by getting their hands on a larger "clunker" to live in.