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<a href="http://www.accessmylibrary.com/coms2/summary_0286-13999660_ITM" title="Facts and information about From debt to dispossession: after abetting an unprecedented growth in both government and consumer debt, the Federal Reserve may be preparing to reduce the middle class to utter serfdom.(ECONOMY)">From debt to dispossession: after abetting an unprecedented growth in both government and consumer debt, the Federal Reserve may be preparing to reduce the middle class to utter serfdom.(ECONOMY)</a>
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From debt to dispossession: after abetting an unprecedented growth in both government and consumer debt, the Federal Reserve may be preparing to reduce the middle class to utter serfdom.(ECONOMY)
They came before dawn on Friday morning, gathering in cities and towns across the nation in lines that snaked down city blocks. These anxious people weren't queueing up for tickets to see Coldplay or Big & Rich; instead, they were seeking to file bankruptcy before the advent of a new, more rigorous law on October 18.
"There have been huge spikes in filings all over the country," commented Nathalie Martin of the American Bankruptcy Institute (ABI) to the Pittsburgh Business Times. "In New Mexico, there have been almost as many filings the two months before [the new law] as in the entire year. There are huge, huge increases."
Many of the debtors thronging ...
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