Rick Wolff reminds us, as the bankruptcy reform is about to take effect (on Monday):
"For the first quarter of 2005, the Fed announced that the nation's debt service ratio (debt payments as a percentage of after-tax income) was 13.4%, the highest since the Fed began recording this statistic in 1980." <http://mrzine.monthlyreview.org/wolff151005.html>
We are more than tithing to the rich. :-0
Yoshie Furuhashi <http://montages.blogspot.com> <http://monthlyreview.org> <http://mrzine.org> * Mahmoud Ahmadinejad: <http://montages.blogspot.com/2005/07/mahmoud- ahmadinejads-face.html>; <http://montages.blogspot.com/2005/07/chvez- congratulates-ahmadinejad.html>; <http://montages.blogspot.com/ 2005/06/iranian-working-class-rejects.html>