Originally Posted by
jasonlfunk
Unless you want Big Brother government to come in and fix everything for you and take care of you - then vote Obama. Otherwise, man up - stop spending money you don't have and make your own choices.
It is impossible to go into bankruptcy when you don't borrow money. The article that Z cited said they were net roughly 150 billion dollars in debt. DUH! Of course there is going to be trouble. Debt = risk. They had a ton of debt and therefore a ton of risk. They made stupid choices and it came back to bite them. Sure- the economy has slowed a little, but if you haven't made stupid choices, it's still good enough to thrive.
Stop borrowing money.