Wednesday, January 09, 2008
The Orlando Sentinel is reporting a 96% jump in personal bankruptcy in the Orlando metro area this morning. That Jeb Bush legacy is really starting to kick in now. Then there our own esteemed senior Senator, one Bill Nelson, who loved him some new bankruptcy laws so much he found himself voting for legislation to make it tougher for "bankruptcy abusers" to file. I can't help but think ol' Bill Nelson must have been thinking about these "abusers" when he voted yea back in 2006:
If you or your family becomes afflicted with a catastrophic medical illness you can thank Bill Nelson for stepping in and protecting those poor ol' credit card companies and banks from the likes of you.
Nearly 7,060 debtors declared insolvency in Orlando's federal bankruptcy court in 2007, up 96 percent from 2006, the U.S. Bankruptcy Court for the Middle District of Florida reported.
Fueled by the mortgage crisis, personal bankruptcy is reaching all levels of the income spectrum -- from affluent professionals to lower-income subprime borrowers, bankruptcy lawyers said.
Wow. Can someone explain to me why this man is a "Democrat?"Tweet