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Gold/Mining/Energy : Gold Price Monitor
GDXJ 106.70-0.3%Dec 5 4:00 PM EST

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To: long-gone who wrote (12512)6/2/1998 6:23:00 PM
From: Little Joe  Read Replies (1) of 116796
 
Richard:

I have a good friend who works at the bankruptcy court. She advises me that many bankruptcies do not have much to do with people falling on hard times. They find that the bankruptcies increase when credit is free and the banks aren't so particular about who they lend to. Many of these people have filed for bankruptcy several times, because it is so easy. Our legal system has made it easy and painless to file bankruptcy and the d--- fool lenders lend to folks who have bad credit when money is free. My wife and I just received offers in the mail to have one hundred dollars credited to our account if we would open a credit card account.

Live long and prosper,

Little joe
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