Congress Screws Americans Again
Read something yesterday I wasn't aware of. Seems Congress, in its continuing crusade to destroy the middle class, included a provision in the new bankrkuptcy law I wasn't aware of.
Come October 17, 2005 when the bill takes effect, not only will it be harder for most Americans to discharge their debts, regardless of why they need to; but, on that day banks will raise the minimum monthly payment from 2% to 4%.
Just think, if you currently have credit card payments of $1000 a month, come October 17th. those payments will suddenly be $2000. Assuming everything remains the same.
Ain't it wonderful to live in a country with a government that is "of the people," "by the people" and "for the people?"
Just imagine what life would be like if our "servant" government thought more about its own existance and the existance of the corporations it creates that collect taxes for it? Be a harsh reality wouldn't it?
Come October 17, 2005 when the bill takes effect, not only will it be harder for most Americans to discharge their debts, regardless of why they need to; but, on that day banks will raise the minimum monthly payment from 2% to 4%.
Just think, if you currently have credit card payments of $1000 a month, come October 17th. those payments will suddenly be $2000. Assuming everything remains the same.
Ain't it wonderful to live in a country with a government that is "of the people," "by the people" and "for the people?"
Just imagine what life would be like if our "servant" government thought more about its own existance and the existance of the corporations it creates that collect taxes for it? Be a harsh reality wouldn't it?
Eliminate Credit Card Debt... Let me show you how to pay off all your credit card debt using the same money the bank used to fund your account! One Day I Woke Up and Found Myself $65,276 In Debt From CreditCards... Now I'm Debt Free! You can be too - In two weeks or less!
posted by Jim at 7:02 AM
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