U.S. families—by defaulting on their loans and scrimping on expenses—shouldered a smaller debt burden in 2010 than at any point in the previous six years, putting them in position to start spending more.
By defaulting on their loans... and thereby eliminating any chance of GETTING another loan... or any kind of credit... for who the hell knows how long?  Yeah, what a swell plan.


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SGT. JIRI TREBISSKY H&D SAS

“A conservative is a man or woman or child who looks backward to ‘the good old days’, and strives mightily to drag the rest of us back there, kicking and screaming if need be.”
~ Jiří Trebissky