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.

Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: puborectalis who wrote (741295)	5/22/2006 7:15:53 PM
From: DuckTapeSunroof	Respond to of 769670

"...study estimated that 3% of all people who move to Texas and Florida are motivated by bankruptcy concerns." OF COURSE! Loopholes are for wiggling through!

To: puborectalis who wrote (741295)	5/23/2006 6:29:55 AM
From: JDN	Respond to of 769670

I live in fla. Personally, I dont see why MANY honest people who got in over their heads should lose their homes because of a few RICH examples. $125k is PEANUTS today for a home. If they limited the exemption to say $400,000 and indexed it to the increase in home costs I could support something like that, but frankly I have LITTLE sorrow for these banks that send out credit cards to every Tom, Dick & Harry then cry like babies when the people abuse the credit. Its the BANKERS and other lenders that have stiffened the bankruptcy laws and its to make the people SERVANTS. jdn