Thursday, August 28, 2008

Mass. Bankruptcies Soar

But our governor and legislators assure us the economy is great as they shovel our tax $$$ out the door!!!

"Bankruptcies in Mass. soar 28 percent in one year

Bankruptcy filings in Massachusetts soared 28.3 percent in 12 months, according to the Administrative Office of the US Courts. The nationwide increase was 28.9 percent from July 2007 through June 2008. Yet Massachusetts ranked 35th in bankruptcies per capita, indicating it's faring better than the country as a whole. The state had 15,047 filings in the 12 months ended June 30, including 334 by businesses (Boston Globe August 28, 2008)."

Notice the positive, "it's not so bad" spin?

Another thing I've tired of with the lying, manipulative, horse shit MSM!