Saturday, December 03, 2005

Saturday Laughs

This story from the Washington Post is good for a few hearty bubble blog belly laughs:

The Post interviewed a Philadelphia resident who had been diagnosed with cancer and lacked health insurance. She fell behind on her house payments and had to foreclose. Another woman with a similar story approached her lender, who had already sold her debt to another credit agency. She attempted to file for bankruptcy but was denied, and currently contends with double payments because of late penalties. Most low-income homeowners across the country face comparable threats, lacking adequate health insurance. By one estimate, medical expenses are the primary cause of financial distress for 40 percent of those struggling to hold on to their homes.

What a bunch of losers! For more laughs visit the housing bubble Jonestown at thehousingbubble2.blogspot.com

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