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To: Ron who wrote (14266)7/8/2005 1:55:17 PM
From: Jerry Miller  Respond to of 17683
 
you're right, Ron.
no one will escape.

a 200% tax on minimum credit card payments, due immediately.

and how timely, since now the door to Chapter 7 slams shut, i believe, in October.

folks scramble for cash to pay down debt;
minimum payments get missed;
universal default kicks in;
credit scores and credit reports get hammered;
bada bip, bada boop...