It's Looking More And More Like The Recession Was A Deliberate Set Up By GOP

[meeksgeek]

40. The flip side is ...

People like me, who were completely blindsided by the long-term unemployment/underemployment situation, simply stopped paying credit card bills, among other things. It was hilarious to hear my creditors reminding me that my credit score was going to suffer... no kidding.

The money just wasn't - and still isn't - there.

I sold my car because I could not make the payments, pay for repairs, insurance, or even gasoline. I now ride the bus, the train, or I walk. I rode a bike until it was stolen... If anybody in the 1% thinks this is a viable long-term solution, they are in for a shock. People like me (college-educated, formerly a corporate drone making a decent salary) no longer spend money on frivolous things like sushi, big-screen televisions or weekend trips to the beach. The money I am able to earn - which isn't a lot - goes to basic needs like rent, utilities, and food. Our economy is dependent on revolving credit, impulse buys and non-essential goods and those are not things I spend money on anymore.

So, if they *did* conspire to orchestrate this recession, it has backfired in the long run. It will not line their pockets forever.

Signed, a former sub-prime mortgage company employee.