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To: Tailgunner Joe
A non-opinionated point of observation... I notice many unemployed people are charging living expenses on the credit card. HOPING that their circumstances CHANGE and they will be able to pay off the balance at some point in the future. If card companies tighten up, the unemployed may lose credit card capacity and then will have no money and no credit. This will irritate them hugely and social unrest will erupt as they can't buy food, cloths, gasoline, entertainment, etc.

The next year could get nasty...

8 posted on 04/24/2009 9:46:41 PM PDT by April Lexington (Study the constitution so you know what they are taking away!)
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To: April Lexington

That’s exactly what’s going to happen as soon as their unemployment benefits run out: they’ll have no choice but to run up their credit cards...until they reach their limits, of course, which won’t take long.

Then all Hell will break loose.


15 posted on 04/24/2009 10:03:05 PM PDT by Windcatcher (Obama is a COMMUNIST and the MSM is his armband-wearing propaganda arm.)
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To: April Lexington

My big metal box with a dial on the front is filled.


30 posted on 04/25/2009 1:33:26 AM PDT by Westlander (Unleash the Neutron Bomb)
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To: April Lexington

“The next year could get nasty... “

Bring on nasty!

The scum you speak of deserve nothing.


45 posted on 05/08/2009 7:08:56 PM PDT by dalereed
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