The American Dream

Start with nothing, rise up, prosper, greed, fraud, financial disparity, bankruptcy, repeat…

U.S. consumer bankruptcy filings reached its highest level since the new laws were effected three years ago. Up 20% versus the previous month and 40% over last year’s data, the latest statistics from the American Bankruptcy Institute and the National Bankruptcy Research Center show total filings of 880,076 thus far in 2008.

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