I Curse That Goddamn Bankruptcy Law

Biden hails from Delaware, the sanctuary for credit card lenders. It’s very cold comfort but I am trying to view it as Biden bringing home the bacon…..greasy, fatty bacon………

Re Biden: Nothing to reconcile. He’s from Delaware, he met the needs of his constituents. Now he’s VP of the whole country. We expect better of him now.QT

I don’t know… I heard from someone during the election that the VP runs the Senate, that he has that legislative role that our founders were smart enough to put in that position, flexible, also.

So, lib, how’s the trolling today?

>> … thought I’m chime in with some relevancy and alternative thought …Okay, we’re waiting…

Hey lib – what about all the people that had to file bankruptcy because of high medical bills because they couldnt afford health insurance? they were sure “working the system” werent they?

This is a bigger issue than the legislation that was passed in 2005. Much bigger. Risk was passed to mortgage lenders? Who pays their credit card bill before they pay their mortgage? How important is it that you ditch that worthless shelter you live in, just please Jesus, let me keep my credit card.I have a friend who is a mortgage broker. Some of you are going to love this. He told me two years ago that since 1996, he had never, not even once, had a mortgage application denied. There had been some times when he had to shift a client to an ARM or subprime, but for the most part, nearly every client got into a prime mortgage.He told me that two years ago. I nearly choked out, “How is that possible? You’re telling me you’ve never had one bankruptcy client turned down?”His answer? “Those are some of the easiest people to get done.” And he laughed all the way to the bank.Sure, you could blame him, a mortgage broker, but why? He’s just giving people what they want, and giving the banks and mortgage companies what they so desperately wanted.Not one turn down for a home in 10 years, in the city of Milwaukee.And we’re still looking for culprits in the mortgage meltdown? The CC companies have their own demons, but they didn’t cause the mortgage bubble. These mortgage hacks and their lackies at the Federal Reserve should be asked, “You gave mortgages to anybody who could fog a mirror. What did you think would happen!?”Dumbasses!

>> This is a bigger issue than the legislation that was passed in 2005. Much bigger. Risk was passed to mortgage lenders? Who pays their credit card bill before they pay their mortgage? How important is it that you ditch that worthless shelter you live in, just please Jesus, let me keep my credit card.PPP, did you actually read the article Bob linked to?

“Before the reform, overindebted households might file bankruptcy and get rid of their credit card debt, and that would free up income to pay the mortgage,” Morgan said. “The new law blocks that escape route and forces better-off households to continue paying credit card debt, which makes it harder than before to continue paying the mortgage.”

>>I can’t help but notice your vile and vindictive hate for President Bush, blaming him and Republicans for everything that goes wrong.I can’t help but notice it is those who call themselves “Independent” that don’t have an independent thought other than to repeat GOP talking points and cry foul at Democrats and real “liberals” when we voice our opinion and dissent.

Go troll elsewhere, “lib.” All you’ll ger here is a beatdown.

Funny how your feathers get all ruffled whenever someone has something negative to say about Bush.

Hey, asshole, you’re the one that assumes that all Democrats think Bush is to blame for everything. We don’t all march in lockstep like Republicans do, but what I do know is that his administration has laid the foundation for this shit to happen, and if the buck stops at the president’s desk, than he should bear some responsibility instead of claiming to have inherited a recession, instead of claiming to be a fiscal conservative while bleeding the treasury dry.I too, could have declared bankruptcy years ago but didn’t. I worked my ass off to get out of debt, save some money and buy my own place, so get of your fucking high horse. But you make it sound like it’s all the dirty fucking hippies who caused the problem. It’s a welfare state isn’t it? No talk of predatory lending practices. No talk of declaring bankruptcy because you can’t afford the hospital bills when you can’t afford health insurance. No, it’s just people who bit off more than they could chew. Yeah, that’s the only reason.By the way, I’m still waiting for an example of Democrats and liberals using fear tactics from the last thread, Douchebag.

>>The tolerant left that’s not happy unless “they’re” in power.Lately, the right seems kind of depressed over their failure to build a “permanent majority.” Not happy, you might say………..

The tolerant left that’s not happy unless “they’re” in power.Funny, all I’ve heard is bitching and moaning from the “tolerant right” about Obama…and their president is still in power.I’ll await your canned “but Congress is controlled by Democrats” response.

Alan,Yes, I did. I go back to, “I’ll definitely pay that credit card bill and short myself on my mortgage.”Alan, people skip their credit card payments all of the time. Just because they can’t file for “easy” bankruptcy does not mean they don’t let their CC drift into delinquency and then closed. Of course, they still have the debt hanging over them, but that doesn’t mean they are going to pay it before they pay their mortgage.The whole point is, CC’s are not responsible for asinine lending practices that created the housing and mortgage bubble.

Careful CarlI’m an Interdependents der once.

>> have never filed bankruptcy though I could have. It’s the easy way out. I waited until i could afford a home before I bought one, took me over 15 years to save and reach the steady pay.You think bankruptcy is easy? Trust me, it’s not. It’s a helleva lot harder (a chapter 13, when you want to keep your home is) You have to pay not only the current month’s mortgage but a part of whatever was in arrears. Now, a chapter 7 lets you walk away from your debts (or it did) but that means losing the house, too, so many people don’t opt for that.And you’re one of the lucky ones who had 15 steady years of work. Some of us scrimped & saved & worked hard & ended up having the primary wage-earner’s job shipped overseas & losing our houses anyway. So congratulations to you! As to your attitude about people who were not as fortunate as you….fuck you.(BTW, I had NO credit card debt when it happened to me, since I get rid of all my credit cards more than 10 years prior.)

P3 – I only said “Independent” because that’s what “Lib” claims to be.Still waiting on that example, Lib.[*cricket... cricket*]

>>Meanwhile I sent 40% of my income to the government….The highest federal tax bracket in the early 2000′s was 38.6%. In order to be a member you had to earn over $300,000 and, even if you earned only $300,000, you would have benefited from the lower brackets, as only the amount over $300,000 would be taxed at the highest rate. Which is a longwinded way to say your EFFECTIVE bracket would have been much lower than 38.6%.Perhaps you should review your returns as you may have paid too much tax.By any chance, are you Joe the Plumber???????

I’d like to add, I wouldn’t mind earning enough to send 40% to the government……….

Lib is like a rash. Don’t itch it and it will go away. Oh yeah, Lib I answered your evolution question.Lib,What do you say to people who can’t pay for the medical bills and have to file bankruptcy(1.8 million) because they got sick? They didn’t do anything wrong and have to try and file bankruptcy. I really hope that Jesus keeps you safe and healthy for a long time or employed so this never happens to you. GO!

>>>I was basically unemployed for 2 years after the dotcom crash, so no I didn’t have a steady 15 years. I actually incurred debt during that time I had to pay back over the next couple years.Meanwhile I sent 40% of my income to the government….Well, he could be right. What’s 40% of unemployed?

>>What’s 40% of unemployed?The population of the Rust Belt?

Ahhhh, I just have this feeling you’re talking crap………

Face the reality, lib4eva – that mental-midget that’s been sitting glibly in the Oval Office while his incompetent cronies ran the country right in to the ground is the worst thing that’s happened to this country in a very long time.Your “I-Pulled-Myself-Up-By-My-Bootstraps-Why-Caint-Nobody-Else-Do-It-You-Whiny-Lazy-Bankruptcy-Claimin’-Fucks” Endless Personal Optimism cannot change that. Kudos to you for, I don’t know, whatever, but that’s the reality.

Thought I’d check back here…. JESUS!Let me explain trolls. Trolls are not here to spark an intellectual debate. Lib4ever (Name was the first clue.) came here looking to push buttons and succeeded. You can easily tell by the phrasing of his arguments. They’re all veiled Republican talking points and “not relevancy or alternative thought.”Good game, but I called you from the start, son.

Red, sometimes it’s fun to poke ‘em back. I know you shouldn’t feed the trolls, but I like to watch ‘em scramble………

We’re on to it Red, but I think we were all just seeing if we could goad him/her/it into some more poor-grammared fury. Maybe he’d use a misadjective, too.

I just fed him a little something on the Jumpy “Fear is not Comfort” post. Bon apetit!

Trollin’, Trollin’, Trollin’Trollin’, Trollin’, Trollin’Trollin’, Trollin’, Trollin’Trollin’, Trollin’, Trollin’Outside!They’re trollin’, Trollin’, Trollin’Their comments are so swollenKeep them dogies Trollin’ Outside!No matter what the weatherOr how the ice gets thinner,In their postings global warming is denied.They write extended missives,Of evidence dismissive,Their links are all to pages that have died.Move ‘em on, head ‘em off,Head ‘em off, block ‘em out,Take ‘em on, block ‘em out Outside!Put ‘em out, ride ‘em offRide ‘em off, knock ‘em out,Cut ‘em out, move ‘em on Outside!They’re postin’, postin’, postin’Though monitors removin’,Take their comments postin’ Outside!Don’t try to understand ‘em,Just mark, delete and ban ‘em,Their paranoia’s poison to your mind.By my quick calculatin’Nine tenths of it is spammin’,just pimpin’ out a blog that we’ll deride.Move ‘em on, head ‘em off,Head ‘em off, block ‘em out,Take ‘em on, block ‘em out Outside!Put ‘em out, ride ‘em offRide ‘em off, knock ‘em out,Cut ‘em out, move ‘em on Outside!Outside!Outside!

Ignore the troll. You will never convince him of anything. If you bring up facts X, Y and Z, he’ll say he was once a former madcap parasitic-twin dung wrangler who lived in a shoe and therefore you’re a dumb-stupid lib.

Yeah, he did.

You’re funny, Lib. You just won’t let it go. You come to a liberal website, claim you’re an independent without having an independent thought and don’t site any examples when accusing Democrats and liberals of whatever it is that you’re accusing them of. We won, you lost. So, yeah, “whaaa”, but I think it’s you who’s crying. Deal with it.

Now ignoring the troll.