South Florida bankruptcies up 73 percent in April

A Republican wrote:

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To declare a recession, you must have two consecutive quarters of negative growth. Unfortunately, that hasn't happened. The economy is flat but it is not shrinking. With that said, if you keep reading this paper and watching the liberal media, you'll be drinking their kool-aid and believing all they say. Election year, just remember that. Once Obama gets elected, the economy is back on track. Then get ready for your massive tax hikes to sponsor all those entitlement programs he'll be forcing on to you.

We haven't had 2 consecutive quarters of negative growth? Growth as you mentioned is about flat (using the bogus gov't numbers). Couple that with double digit inflation that you have negative growth, meaning the dollar is losing value at a rate that exceeds growth. Enough with the horror stories about the "entitlement programs" that Obama will give us. He'll be hard pressed to surpass Bush's corporate entitlement programs where he gave hundreds of billions of taxpayer dollars in no bid contracts to defense contractors with ties to his administration while running the biggest budget and trade defecits in the history of the world. If Obama keeps his promise to end this war which is bankrupting our country he'll more than make up for any entitlement programs. Also I love the way a lot of his "entitlement programs" will just be restoring funding to necessary govt services like fire, police, and education funding that were cut under Bush's reign to make up for his devestating tax cuts. How did those work out btw? Oh that's right, 4.5 trillion in new debt.

I hope Lori Parrish is paying close attention to this article and trend. The Broward County Property Appraiser is trying to tie income generated from commercial property to property tax increases for commercial property owners. Her office's tax increases are driving some of these tenants out of our area. Commerical property owners cannot take more and more property tax increases without passing them on to their tenants. If we allow the Appraiser's office to determine land value based on last year's receipts, our county will be in tremendous jeopardy.

Gold is Money wrote:

This is easy to figure out.
STOP LIVING BEYOND YOUR MEANS!!!
If you are a bank teller, dont try to live like you are a bank manager.
The whole reason the housing market flopped was because middle classed people got fooled by unethical mortgage brokers into believing they could afford a half million dollar home on a $50k per year income.

You are right on.

People should not have the option of bankruptcy and just be allowed to walk away and make someone else pay for their debts.

If someone buys too much house, too many clothes, a nice car, etc. they should have to pay off what they enjoyed. It sucks that other have to pay more to cover their selfishness.

We aren't in a recession, I tell ya!!!

Bryce Wagner wrote:

"The economy is strong, and growing stronger". George W. Bush Now, with the Democrats pinning their hopes on a black muslim, we are in for W's third term under an old man who knows nothing but how to wage war. We're escrewed!

Scare tactics (black muslim?)are the tools of the desperate fools...

Sumballo wrote:

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You are right on.
People should not have the option of bankruptcy and just be allowed to walk away and make someone else pay for their debts.
If someone buys too much house, too many clothes, a nice car, etc. they should have to pay off what they enjoyed. It sucks that other have to pay more to cover their selfishness.

The new bankruptcy laws don't allow them to do that.

I told everyone on the streets of Fort Lauderdale , Florida doing the 2004 Election period by the southwest end of the main Library, and accross from the Governmental Center wearing my photo T-Shirt with with my picture on the T-Shirt as a Vietnam Era Veterans from the U.S. Army. The actor Micheal Moore come to speak that same night. Well
I was a volunteer for John Kerry on that T-Shirt had the words to come if Bush was re-elected business and home owners would be in bankruptcy court because Bush debit was 2.7 trillion dollars then.what make is so bad as republicans said after they had voted it sound as a good political view to be a (DUMB-A-CRAP), Well Actions speaks louder than words. Russians Cams was rolling now! You fools get that out of the Archieve and capture that
Truth. I TOLD YOU SO !!!!!!!

More economic stimulus checks please!! Just make the next one for..oh about $10,000 each. That would truly help the economy. But for now,$600 is nice. Keep them coming!!

Real Simple--If you are better off today than you were seven years ago, then vote to continue more of the same. If your not, and vote GOP, you deserve what you get and are quite the fool. Reward the clowns and the joke will be on you.

The real estate market is starting to pick up in south Florida. Hurry because the real deals won't last very long once word gets out. There may never be another buying opportunity like this one.

Joe wrote:

how is it that 80% of Americans know we are in a recession and Bush is in denial?
Just wish the whole Bush family would move to another country. Be done with them. Just GO!

Are 80% of americans macro economists

 73% of what base?

 100% increase of 1 is a total of 2. Of course, this provides a better-slanted headline when you use the 100% increase instead of the number.

 What is the raw number of filler versus acceptance by the court?

 What is the acceptance rate versus the total number of business and individuals who do not file?

 Sounds similar to the foreclosure crisis, less than 1% of the total population who screwed up versus 99% who are able to live within their means and save for the rainy day.

 Americans twenty-five and older, 84.6% graduated from high school, 52.6% attended some college, 27.2% earned a bachelor's degree, and 9.6% earned graduate degrees.

 Approximately 6% of our population is in an institution of higher learning (university, college). Higher education is associated with higher income, higher taxable income and a better community.

 1% of the population is in prison. 99% learned how to get along with the lesson plan from their Kindergarten days.

 10% of the population consumes 60% of the healthcare dollars in this country. The less educated, less skilled and uninvited (illegal) populations makes up the largest percentage of this 10%.

 Medical bills are the most common reason for personal bankruptcy in the United States.

 Remove the profit motive from healthcare, move toward a copy of Canada, UK, Germany, Switzerland, or Taiwan healthcare systems (5 Capitalistic Democracies), and you can reduce the total healthcare bill, provide basic coverage for all and make a dent in the bankruptcy filing.

 Make education excellence a necessity and habit-forming part of American Culture, and you make even a larger dent in our national crisis.

 We do not need more house cleaners, landscapers and car detailers in this country. We need more business people, doctors, nurses, engineers, and entrepreneurs. Open the immigration gate to these skilled workers.

Hey Bryce!

What's wrong with being a black muslim? Darn biggot!

hey hey hey wrote:

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Are 80% of americans macro economists

Recession is three consecutive quarters of fall GDP.

GDP rose 0.06 in the first quarter.

Some sectors are hurting, but overall the economy is not in recession.

I know this hurts the Defeatists who would like to see a depression up until November.

Don't watch the MSM, and just get on with your life: take care of your family, work hard, conserve, save, and invest.

With the Internet, Cable, and 24 hours in your face negative news analysis, you would think the sky is falling.

Go Chicken Little.

Mike wrote:

The real estate market is starting to pick up in south Florida. Hurry because the real deals won't last very long once word gets out. There may never be another buying opportunity like this one.

LMAO, the prices will continue to fall for another year at least.

syl20 wrote:

I feel sad of you without education, loosing business, foreclosure, people should of know better to no buy bigger than they can afford. The American Dream, I would called it the American Nightmare, but for me I am very happy, I am buying foreclosure every week on pennies on dollar, good the rich are getting richer and poor then we know the answer

Even if you're smart enough...or lucky enough...to capitalize on others' bad fortune or mistakes, isn't it rather creepy of you to rub their noses in it?

Karmic payback is a bitch.

This entire scenario is just another illustration that this is the sign of the times. And we're not even (technically) in a recession yet....let's hope that this is as bad as it gets, but only time will tell...

Hey, I want a big house, new Mercedes 500, and a $10,000 credit card shopping spree too, but can't afford it. Where do I go to get all this stuff??

All the rest of you can bail me out too when I can't actually pay for any of it. Make that 74%, what do I care, it is the American way now.

The only two words the bitter liberal morons know, Blame-Bush, Blame-Bush, Blame-Bush!!!

Last I checked the Dem's run the House & Senate and have not done squat, hmmmmmmmmmm...

And here come all the lame excuses!

Should read: Recession is three consecutive quarters of falling GDP.

GDP rose 0.006 in the first quarter or 6/10.

Everything is alright. GW said so.