Soon...Millions of Americans will have NO income
Employees at Denny Hecker auto dealerships got an unpleasant surprise this week when they learned their company health insurance had been canceled and that some workers would not get a paycheck Tuesday.
Employees and their family members said they learned late Tuesday that their company health insurance with Medica had been canceled on Monday for lack of payment from the company. Some employees said they found out when they called to inquire about a medical bill they received in the mail. One family said they found out only after bringing their child to the emergency room and being told they no longer had medical coverage.
Hecker has about 500 employees remaining in his various enterprises. It's unclear how many of them were affected by the cutoff in insurance or payroll delays.....
In another dose of bad news, some employees who are paid twice each month learned they did not get their regularly scheduled paycheck Tuesday because of a lack of cash within the company. Employees asked not to be identified for fear of losing their jobs.
As I warned...until you restructure debt, the FU virus spreads....conditions only get worse.....you think if banks could lend....they would lend to families without incomes....or incomes that can barely pay taxes, interest and insurance.....you think anyone is making no doc loans anymore????
People are not buying anymore because debt payments and insurance is consuming all of their disposable income....until you restructure debt....there is no disposable income for millions and millions of American families once their lines of credit run out.....no disposable income.....no buying.................no buying......the FU virus becomes an epidemic and infects 70-90% of all American citizens, businesses, and state and local governments.
You can't say you weren't warned......PREPARE!!!!!!!!
The Doctor of Alstrynomics has spoken and will take a few days off.