Monday, October 13, 2008

Middle class finds itself buried in debt

Middle class finds itself buried in debt
"Like a lot of bankruptcy filers, Berthet, a 51-year-old Dearborn Heights resident, saw his problems mount not from a profligate lifestyle but from simple misfortune linked with perhaps too-easy credit."

The general MSM consensus is that debtors aren't at fault.
Sort of like they have a disease buy don't have health insurance.
And now they need wealth insurance,,,,,,,,

Detroit Free Press front page bullet points:

Steps to keep borrowing costs down
Standard of living squeezing middle class
Wealthy people still seeing incomes soar
Cheaper care is across border
More on our falling standard of living
Videos: How Americans are coping with a reduced standard of living

All negative. America a disaster. Rich getting richer. Mexico even better!

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