Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: russwinter who wrote (28077)	3/8/2005 12:33:10 PM
From: mishedlo	Read Replies (4) \| Respond to of 110194

What affect do you think bankruptcy reform will have if any? It looks like it is going to increase bankruptcy costs, keep some marginal cases owing the company store with garnished wages for something like forever, and probably not prevent a lot of chapter 7's anyway with the wage cutoff that is being discussed. =============================================== Rewriting bankruptcy laws – at what cost? Message 21114358 Credit Card Firms Won as Users Lost They sought new laws but found ways to make money even on people who went bankrupt. newsday.com Credit Card Penalties, Fees Bury Debtors Senate Nears Action On Bankruptcy Curbs The Senate is to vote as soon as this week on a bill that would make it harder for individuals to wipe out debt through bankruptcy. The Senate last week voted down several amendments intended to curb excessive fees and other practices that critics of the industry say are abusive. Message 21113063

To: russwinter who wrote (28077)	3/8/2005 1:48:33 PM
From: RealMuLan	Respond to of 110194

Russ, I can tell you are a consistent person and a person of integrity, and I do not infer by any means that you have any hidden agenda. It is true that many things in China now are following the US step one print at a time<g/ng> But some of the highest ranking officials in China (or "dictators" as a lot of Americans think) indeed are not corrupted, even if they get the job not by election (like Wen JiaBao), and they have done some good things in the interest of the vast majority. I can only hope their strength will prevail.