Proof Obama saved the Economy: Bankruptcy's Up 32 %

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http://online.wsj.com/article/SB126263231055415303.html?mod=WSJ_hpp_MIDDLTopStories

JANUARY 4, 2010, 2:22 P.M. ET.Bankruptcy Filings Rise 32%, Top 1.4 Million

Associated Press
U.S. consumers and businesses are filing for bankruptcy at a pace that made
2009 the seventh-worst year on record, with more than 1.4 million petitions
submitted, an Associated Press tally showed Monday.

The AP gathered data from the nation's 90 bankruptcy districts and found
1.43 million filings, an increase of 32% from 2008. There were 116,000
recorded bankruptcies in December, up 22% from the same month a year before.