In every case challenging the constitutionality of healthcare reform the plaintiffs have been people who did not carry healthcare insurance and who claimed they would prefer to handle their own healthcare needs as they arise.

* The average hospital stay in the US costs over k for people with insurance.
* The average cost of premiums in the US is over k per year
* 62% of personal bankruptcies can be attributed to medical costs
* The number of employers offering healthcare insurance to their employees fell by 7% during the Bush years

These plaintiffs claim they cannot afford the penalty for failing to carry health insurance, but seem oblivious to the fact it would be even more impossible for them to afford an average hospital stay. The HCR bill at least subsidizes the cost of the penalty for low-income families – in some cases even eliminating all cost. But the bill for a hospital stay will remain on your credit report until the day you pay it off or die.
@ Mjo – The Republican plan gave people the decision & control to carry no insurance and pass the cost on to taxpayers. Which explains why premiums are so high and why so many personal bankruptcies result from medical bills. The HCR bill doesn’t tell you which company to pick – you’re still free to choose. It just requires that you pick something so you don’t pass on the cost of your medical care to others.

I am looking for preapproved credit cards for customers with past credit problems and delinquencies. My past issues include a bankruptcy.

Bad credit, no credit, or in my case post bankruptcy debit cards that are prepaid and issued by either Visa or Mastercard. I need somewhere to send my direct deposit paycheck, and a prepaid visa debit card or mastercard seems to be the best option for my bad credit recent bankruptcy.

Doing a Speech in class and want to Give an Example of greece and the poor policies they have that lead them to near bankruptcy and will eventually be the same to America if American govt does not act now.
Can i get an article that tells me this, could not find online

I am hunting for a new credit card, as I just emerged out of bankruptcy a short time ago and am attempting to rebuild my credit. What is a good site to find good instant credit card applications online where I can apply over the internet and get an instant decision. Secured Visa or Mastercard credit cards are ok too. I have a security deposit for my new credit card available.

In the early 1960s, Nuclear Corporation of America was involved in the nuclear instrument and electronics business. They suffered and faced bankruptcy in 1964. As a result, the company’s board of directors opted for new leadership and appointed F. Kenneth Iverson as president and CEO. Shortly thereafter, Iverson concluded they exit the nuclear instrument and electronics business and rebuild the company around its profitable South Carolina based Vulcraft subsidiary, a steel joist business. Iverson had been head of Vulcraft prior to being named president of Nuclear Corporation of America. Iverson moved the company’s headquarters from Phoenix, Arizona, to Charlotte, North Carolina, in 1966 and proceeded to expand the joist business with new operations in Texas and Alabama. Then, in 1968, management decided to integrate backward into steelmaking, partly because of the benefits of supplying its own steel because Iverson saw opportunities to capitalize on newly emerging technologies to produce steel more cheaply. The company adopted the Nucor Corporation in 1972, and Iverson initiated a long-term strategy to grow Nucor into a major player in the U.S. steel industry.
By 1985, Nucor had become the seventh largest steel company in America, with revenues of 8 million, six joist plants, and four state-of-the-art steel mills that used electric arc furnaces to produce new steel products from recycled scrap steel. Nucor was regarded as an excellently managed company, an accomplished low-cost producer, and one of the most competitively successful manufacturing companies in the country.

Should I just charge it all on my credit card and then declare bankruptcy because I know I can’t pay them off.

Or should I just be like everyone else and take tons of loans I also couldn’t pay off.
I’m at the end of my rope here, I don’t make enough from my full time job to even pay for half a year of college, let alone two or possibly four.

I want to go into communications–media production, creative writing.

I’ve exhausted all colleges. Community colleges, online, etc. I’m in Michigan, and I wanted to go to GVSU, but there’s no way I can afford it. I don’t care which school I go to, a community college is fine with me.

I graduated two years ago and have been working since then, saving practically all of my money. But I don’t have enough saved up at all.
I don’t know how to look for scholarships and grants. All I’ve done is the FAFSA. Please, any advice would help.

I was just curious if anyone out there has ever filed for chapter 7 bankruptcy online and if so, what do I need to know, how much will it cost, is it reliable and sound, do I have to make an appearance in court, etc. Any info on this matter would be greatly appreciated.

I was reading this article in rolling stone about this girl called kiki kannibal who put herself online and posed in revealing photos and all that at the age of 14. She got oodles of attention but also got death threats and stalkers and was even taken advantage of by a 19 year old boy. But, she loved the attention and despite all the danger she was facing, she still kept up her Internet life. Her mother even supported her in this and said she was all for creativity. Her family is now dealing with bankruptcy after having to leave their home without notice to protect themselves, yet they still support their daughter and her Internet life.

Whose to blame here? Kiki’s mother? Kiki? The Internet? Does the old adage, play with fire and get burned, come into play here? For instance, Kiki verbally attacked her attackers through the Internet, provoking them further. If you were her mother, what would you have done?
couldn’t agree more satannn.

The Real Culprits In This Meltdown
By INVESTOR’S BUSINESS DAILY | Posted Monday, September 15, 2008

Big Government: Barack Obama and Democrats blame the historic financial turmoil on the market. But if it’s dysfunctional, Democrats during the Clinton years are a prime reason for it.
——————————————————————————–
Read More: Business & Regulation
——————————————————————————–
Obama in a statement yesterday blamed the shocking new round of subprime-related bankruptcies on the free-market system, and specifically the "trickle-down" economics of the Bush administration, which he tried to gig opponent John McCain for wanting to extend.

But it was the Clinton administration, obsessed with multiculturalism, that dictated where mortgage lenders could lend, and originally helped create the market for the high-risk subprime loans now infecting like a retrovirus the balance sheets of many of Wall Street’s most revered institutions.

Tough new regulations forced lenders into high-risk areas where they had no choice but to lower lending standards to make the loans that sound business practices had previously guarded against making. It was either that or face stiff government penalties.

The untold story in this whole national crisis is that President Clinton put on steroids the Community Reinvestment Act*, a well-intended Carter-era law designed to encourage minority homeownership. And in so doing, he helped create the market for the risky subprime loans that he and Democrats now decry as not only greedy but "predatory."

Yes, the market was fueled by greed and overleveraging in the secondary market for subprimes, vis-a-vis mortgaged-backed securities traded on Wall Street. But the seed was planted in the ’90s by Clinton and his social engineers. They were the political catalyst behind this slow-motion financial train wreck.

And it was the Clinton administration that mismanaged the quasi-governmental agencies that over the decades have come to manage the real estate market in America.

As soon as Clinton crony Franklin Delano Raines took the helm in 1999 at Fannie Mae, for example, he used it as his personal piggy bank, looting it for a total of almost 0 million in compensation by the time he left in early 2005 under an ethical cloud.

Other Clinton cronies, including Janet Reno aide Jamie Gorelick, padded their pockets to the tune of another million.

Raines was accused of overstating earnings and shifting losses so he and other senior executives could earn big bonuses.

In the end, Fannie had to pay a record 0 million civil fine for SEC and other violations, while also agreeing as part of a settlement to make changes in its accounting procedures and ways of managing risk.

But it was too little, too late. Raines had reportedly steered Fannie Mae business to subprime giant Countrywide Financial, which was saved from bankruptcy by Bank of America.

At the same time, the Clinton administration was pushing Fannie and her brother Freddie Mac to buy more mortgages from low-income households.

The Clinton-era corruption, combined with unprecedented catering to affordable-housing lobbyists, resulted in today’s nationalization of both Fannie and Freddie, a move that is expected to cost taxpayers tens of billions of dollars.

And the worst is far from over. By the time it is, we’ll all be paying for Clinton’s social experiment, one that Obama hopes to trump with a whole new round of meddling in the housing and jobs markets. In fact, the social experiment Obama has planned could dwarf both the Great Society and New Deal in size and scope.

There’s a political root cause to this mess that we ignore at our peril. If we blame the wrong culprits, we’ll learn the wrong lessons. And taxpayers will be on the hook for even larger bailouts down the road.

But the government-can-do-no-wrong crowd just doesn’t get it. They won’t acknowledge the law of unintended consequences from well-meaning, if misguided, acts.

Obama and Democrats on the Hill think even more regulation and more interference in the market will solve the problem their policies helped cause. For now, unarmed by the historic record, conventional wisdom is buying into their blame-business-first rhetoric and bigger-government solutions.

While government arguably has a role in helping low-income folks buy a home, Clinton went overboard by strong-arming lenders with tougher and tougher regulations, which only led to lenders taking on hundreds of billions in subprime bilge.

Market failure? Hardly. Once again, this crisis has government’s fingerprints all over it.

*In the original version of this editorial, the Community Reinvestment Act was mistakenly listed as the "Community Redevelopment Act".

http://www.ibdeditorials.com/IBDArticles.aspx?id=306370789279709

I am thinking of filing for bankruptcy and this company was online, they prepare all the documents with the information I give them and let me take as much time as I need. How can I check them out and see if they are for real and reliable? Any ideas where to look for this information?

"If you want to understand better why so many states—from New York to Wisconsin to California—are teetering on the brink of bankruptcy, consider this depressing statistic: Today in America there are nearly twice as many people working for the government (22.5 million) than in all of manufacturing (11.5 million). This is an almost exact reversal of the situation in 1960, when there were 15 million workers in manufacturing and 8.7 million collecting a paycheck from the government."

source: http://online.wsj.com/article/SB10001424052748704050204576219073867182108.html
no, there’s no implication of that… it’s just that it’s important that the public sector mirrors the private in terms of pay and employment. The math simply does not work if you have a bloated public sector being propped up by a weak and malnourished private sector.
Intel, who is based out of California, just opened up 2 manufacturing plants in the United States and neither are in its home state.
Exactly, we wouldn’t need to ship manufacturing jobs overseas if we didn’t have bureaucrats regulation and nickle and diming industry to death
regulating*

I have absolutely no motivation. In my free time, I sit on my ass all day and blog or write in online forums, bickering with people i dont even know over how a sentence is worded in wikipedia. It’s stupid. I stalk my "friends" on facebook who all seem to have stable good lives, posting pictures of themselves in exotic locales i cant go to or in their social circles i dont have. I cant afford a car. Given the economy, I am afraid to the point of paranoia of getting into any kind of financial obligation (like a car loan) and then losing my job and then what? All I need in life is a repo or bankruptcy. So I am stuck without a car.

I have no friends – or even motivation to go find any – and the ones I have all live far away, like 3000 miles away, or they can stand me cause I am unhappy in life and who wants to be friends with an unhappy person right? I do my job, whose nature I despise by the way (bureaucrat), without passion. Most of the time, I am on autopilot: i do the minimum I have to do to get through the day but not more. I wash my hair once a week and I dont know when the last time was i put on make up.

I wasnt always like that. I was always the fashionasta, the trendy girl with tons of clothes, dressing up, going out etc. There was a time where I would never have considered leaving the house without makeup, now I dont even wear make up to work. There was a time I could never be found at home on Friday nights, but now I am at home ALL THE TIME. Did i mention i am 32 years old by the way? Somewhere between graduating college, entering grad school and my mother getting sick with cancer and then finally dying, I have lost myself. I went from geek status, to king status to no status.

I want a job i can love in a creative atmosphere (writing, entertainment, fashion editor etc) but my education is in the opposite field and i dont know how to reconcile that. I hate being worried about money, but I take a crappy steady job I hate over taking risks for a great career anytime – which is pathetic and sad.

I dont know what to do anymore. I know i got depression of sorts, but mine is circumstantial, not chemical and I am never EVER going to take anti depressants so please dont suggest. I just dont have any more energy and I am scared all the time of everything. Every decision I want to make has 12 "what ifs…" attached to it and everyone gives me 12 different suggestions, so i end up doing nothing and continue sitting on my butt. I also dont believe in therapy. There is nothing a therapist can tell me i dont already know. I mean I cant even get enough energy to GO to a therapist if i wanted to (or the necessary ride. Where i live, busses stop running after 6). What do I do? Help me.

I am declaring bankruptcy in Florida. I have a 2006 Honda Accord SE with 130,000 miles. It is in excellent condition. I looked online and it has the KBB value at around ,000. My lawyer said that the trustee may not ask for an appraisal but there was no guarantee. He said he was going to state that it had high mileage and wasn’t running great etc (which obviously is not the truth but I am trying to keep my car) Anyways, he said the trustee may contest me keeping the car and try to claim it. My mom bought it in 2006 and paid in full for it so I have no payments. My mom and I are both on title. Do you think they will contest it in court? I am worried and just might end up trading this car in and making payments on a new one that way it would be protected. I would then put the car solely in my mom’s name. Thanks for your help.

More Americans work for the government than in manufacturing, farming, fishing, forestry, mining and utilities combined.

http://online.wsj.com/article/SB10001424052748704050204576219073867182108.html?mod=WSJ_Opinion_LEADTop

Exceprts:

If you want to understand better why so many states—from New York to Wisconsin to California—are teetering on the brink of bankruptcy, consider this depressing statistic: Today in America there are nearly twice as many people working for the government (22.5 million) than in all of manufacturing (11.5 million). This is an almost exact reversal of the situation in 1960, when there were 15 million workers in manufacturing and 8.7 million collecting a paycheck from the government.

It gets worse. More Americans work for the government than work in construction, farming, fishing, forestry, manufacturing, mining and utilities combined. We have moved decisively from a nation of makers to a nation of takers. Nearly half of the .2 trillion cost of state and local governments is the trillion-a-year tab for pay and benefits of state and local employees. Is it any wonder that so many states and cities cannot pay their bills?

And ckeck this out..

Don’t expect a reversal of this trend anytime soon. Surveys of college graduates are finding that more and more of our top minds want to work for the government. Why? Because in recent years only government agencies have been hiring, and because the offer of near lifetime security is highly valued in these times of economic turbulence. When 23-year-olds aren’t willing to take career risks, we have a real problem on our hands. Sadly, we could end up with a generation of Americans who want to work at the Department of Motor Vehicles.
In other news: Obama’s HUD Secretary describes public housing as a "precious resource"?

http://www.cnsnews.com/news/article/hud-secretary-no-other-president-history#

http://online.wsj.com/article/SB10001424052748704050204576219073867182108.html
If you want to understand better why so many states—from New York to Wisconsin to California—are teetering on the brink of bankruptcy, consider this depressing statistic: Today in America there are nearly twice as many people working for the government (22.5 million) than in all of manufacturing (11.5 million). This is an almost exact reversal of the situation in 1960, when there were 15 million workers in manufacturing and 8.7 million collecting a paycheck from the government.
If people EARN their money and want to leave it to their children…THAT DOES NOT COUNT AS A TAKER. That money belongs to the family THAT EARNED IT.

The Real Culprits In This Meltdown
By INVESTOR’S BUSINESS DAILY | Posted Monday, September 15, 2008 4:20 PM PT

Big Government: Barack Obama and Democrats blame the historic financial turmoil on the market. But if it’s dysfunctional, Democrats during the Clinton years are a prime reason for it.

——————————————————————————–

Read More: Business & Regulation

——————————————————————————–

Obama in a statement yesterday blamed the shocking new round of subprime-related bankruptcies on the free-market system, and specifically the "trickle-down" economics of the Bush administration, which he tried to gig opponent John McCain for wanting to extend.

But it was the Clinton administration, obsessed with multiculturalism, that dictated where mortgage lenders could lend, and originally helped create the market for the high-risk subprime loans now infecting like a retrovirus the balance sheets of many of Wall Street’s most revered institutions.

Tough new regulations forced lenders into high-risk areas where they had no choice but to lower lending standards to make the loans that sound business practices had previously guarded against making. It was either that or face stiff government penalties.

The untold story in this whole national crisis is that President Clinton put on steroids the Community Redevelopment Act, a well-intended Carter-era law designed to encourage minority homeownership. And in so doing, he helped create the market for the risky subprime loans that he and Democrats now decry as not only greedy but "predatory."

Yes, the market was fueled by greed and overleveraging in the secondary market for subprimes, vis-a-vis mortgaged-backed securities traded on Wall Street. But the seed was planted in the ’90s by Clinton and his social engineers. They were the political catalyst behind this slow-motion financial train wreck.

And it was the Clinton administration that mismanaged the quasi-governmental agencies that over the decades have come to manage the real estate market in America.

As soon as Clinton crony Franklin Delano Raines took the helm in 1999 at Fannie Mae, for example, he used it as his personal piggy bank, looting it for a total of almost 0 million in compensation by the time he left in early 2005 under an ethical cloud.

Other Clinton cronies, including Janet Reno aide Jamie Gorelick, padded their pockets to the tune of another million.

Raines was accused of overstating earnings and shifting losses so he and other senior executives could earn big bonuses.

In the end, Fannie had to pay a record 0 million civil fine for SEC and other violations, while also agreeing as part of a settlement to make changes in its accounting procedures and ways of managing risk.

But it was too little, too late. Raines had reportedly steered Fannie Mae business to subprime giant Countrywide Financial, which was saved from bankruptcy by Bank of America.

At the same time, the Clinton administration was pushing Fannie and her brother Freddie Mac to buy more mortgages from low-income households.

The Clinton-era corruption, combined with unprecedented catering to affordable-housing lobbyists, resulted in today’s nationalization of both Fannie and Freddie, a move that is expected to cost taxpayers tens of billions of dollars.

And the worst is far from over. By the time it is, we’ll all be paying for Clinton’s social experiment, one that Obama hopes to trump with a whole new round of meddling in the housing and jobs markets. In fact, the social experiment Obama has planned could dwarf both the Great Society and New Deal in size and scope.

There’s a political root cause to this mess that we ignore at our peril. If we blame the wrong culprits, we’ll learn the wrong lessons. And taxpayers will be on the hook for even larger bailouts down the road.

But the government-can-do-no-wrong crowd just doesn’t get it. They won’t acknowledge the law of unintended consequences from well-meaning, if misguided, acts.

Obama and Democrats on the Hill think even more regulation and more interference in the market will solve the problem their policies helped cause. For now, unarmed by the historic record, conventional wisdom is buying into their blame-business-first rhetoric and bigger-government solutions.

While government arguably has a role in helping low-income folks buy a home, Clinton went overboard by strong-arming lenders with tougher and tougher regulations, which only led to lenders taking on hundreds of billions in subprime bilge.

Market failure? Hardly. Once again, this crisis has government’s fingerprints all over it.

To all of you who are so totally negative, I didn’t say who I was supporting or one party is to take all blame. I’m just asking why wont dems accept responsibility for their part?

i had 2 homes with 4 loans… filed chapter 7 and got discharged in feb. this year.
tonight, i opened to view my credit report… 1 out of 4 wasn’t found in it.

from the credit report online it shows me this:

home (md):
1st loan – balance k / past due k (why doesnt this say 0?)
2nd loan – balance 0 / past due 0

home (va):
1st loan – balance 0 / past due 0
2nd loan – Not listed.

unlike other accts above, i can still view using id/pass for 2nd loan (va) and it says i owe as of this month.

i sent an email to the customer svc. for clarification… did they forget on following up to close the acct? i dont understand…

any input…?
as far as i know, 2 homes got foreclosed and sold.

i hope it’s an admin error. what worst can happen?

Im considering bankruptcy but im a little concerned about loosing my car. I live in california and I have a 2003 mustang I looked up the sale price online and they said it was worth like 1000 bucks.
In our state I read the exemption for vehicles is something like 2500 dollars. However im still worried they may decide to say the car is worth more than that. I have it paid off the front passengers bumper is very damaged to the point the headlight is blown out and the passengers rear end is banged up and the tail light is cracked. It got hit so hard there that I had to replace the axle. The car drives great still tho. Its got about 135000 miles on it. So I don’t know if they may take it? Does it sound like it may be exempt?