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Friday, October 17, 2003

Our lives begin to end when we become silent about things that matter.
Martin Luther King

The Two-Income Trap: Going broke over Lattes
Today's two-income family has 75 percent more earnings, inflation adjusted, than their parents had a generation ago. The reason, of course, is because today's average family has two people in the workforce, instead of one. But this year, more children will live through their parents' bankruptcy than their parents' divorce.
What they discovered shocked even themselves: the effort to keep the kids in a good school district when one parent is laid-off is the main factor driving Americans into bankruptcy court, not all those trips to the Niketown store.

· Foreclosures: Silent Shame [Salon ]
· Wealthy bosses have good reason to worry [SMH ]