The biggest cause of bankruptcy is job loss. The biggest cause of job loss is health problems. Job loss + health problems = huge financial problems.
Personal anecdote: This time last year I had a six figure salary and an investment portfolio in excess of seven figures. I lost my job in June. My family business failed in September. ALL of my money went to pay medical bills. I have none left, and I need three more surgeries. I've been in so much pain this week that I wanna do is curl up with my heating pad and cry. Today I spent my last three dollars on gas for my car and my boyfriend is feeding me. If I had a mortgage or credit card debt, which thankfully I don't, I would have no choice but to file for bankruptcy. I would be more than happy to take some help from the federal government, but I don't qualify because I have assets - real estate for which I have no buyers, but which prevents me from being eligible for any public assistance. It's easy to find fault with the government attempts to turn the economy around when you're flush with money. It looks real different from where I'm sitting, although I will admit I wish they would focus more on creating jobs, cause I really wanna work. On Sun, Mar 8, 2009 at 12:09 PM, Robert Munn <[email protected]> wrote: > > And yes, health care is a major problem, but shifting the cost to the > federal government isn't going to fix the problem. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:291008 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
