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Tuesday, October 18, 2005

THE STRANGE INSECURE WORLD OF POLITICAL CORRECTNESS

We live in a strange world. Not a day goes by that I do not receive a credit card offer or a debt consolidation offer. New bankruptcy legislation just went into effect which makes it more difficult to declare bankruptcy. Do you know a college student or eighteen year old who may need a high interest debt instrument designed to help them build self esteem and purchase those necessary items to make life worth living.

Sounds like a plan—Make credit easier than ever to get and then the ultimate insurance policy no bankruptcy to catch the dirty scoundrels from sucking the system dry from overspending. This in turn makes sure people cannot live high on the hog and stick it to the man (Uncle Sam) or (the bank).

Time will tell if the plan will work, but odds are it will fail miserably. The obvious reason is that the most honest people didn’t declare bankruptcy or they would have taken the dive and filed at the last minute. Real questions remain about the economy because of the housing bubble, higher rates and most likely an inability to slow inflation in large part because banks which continue to make credit cards easier to get because they feel more security in their new found laws of retribution.

Thursday, October 06, 2005


This is a picture of part of the group from Brown County that did the diabetes walk in Bloomington. It's interesting to note Indiana University has a new mascot, good luck charm,( THE ROCK) Hopefully it works as well as the one in the Bible or The Prudential. So far it seems to be working. Posted by Picasa