Posts Tagged ‘wall street’

My income doesn't qualify for bankruptcy but my bills are higher than my income.?

According to online sources, my income is too high to file for bankruptcy (which I don’t understand since stars and wall street people can file). My monthly bills are higher than my monthly income. For over a year, I have been supporting my adult sons who don’t live with me – one has been in college and one has been unemployed due to depression and not being able to find a job. Is there a way I can still file for bankruptcy? I don’t see any way out. (Yes, I have now stopped supporting my sons but I would guess the one will file for bankruptcy soon due to his mental health and job status.) HELP!

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Do you agree with Kucinich on the massive bailout bill that (corrupt) Congress just passed?

http://www.youtube.com/watch?v=nAGzLfmV4Ks

"The 0 billion bailout for Wall Street, is driven by fear not fact. This is too much money in too a short a time going to too few people while too many questions remain unanswered.

Why aren’t we having hearings on the plan we have just received? Why aren’t we questioning the underlying premise of the need for a bailout with taxpayers’ money? Why have we not considered any alternatives other than to give 0 billion to Wall Street? Why aren’t we asking Wall Street to clean up its own mess? Why aren’t we passing new laws to stop the speculation, which triggered this? Why aren’t we putting up new regulatory structures to protect investors? How do we even value the 0 billion in toxic assets?

Why aren’t we helping homeowners directly with their debt burden? Why aren’t we helping American families faced with bankruptcy. Why aren’t we reducing debt for Main Street instead of Wall Street? Isn’t it time for fundamental change in our debt based monetary system, so we can free ourselves from the manipulation of the Federal Reserve and the banks? Is this the United States Congress or the board of directors of Goldman Sachs? Wall Street is a place of bears and bulls. It is not smart to force taxpayers to dance with bears or to follow closely behind the bulls."
jeremy: Yeah, that’s a good speech, too!

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Why do you think you have a choice to or not to vote?

This is a crucial election for everyone. Voters from every age group, every level of our economy, every state, every party, and everyone able to vote needs to vote to protect themselves. This Congress even more than the President has failed their voters. Each and most likely every one of us has taken enough financial abuse at the gas pumps because this President and this Congress did not take a stand for us. If you are unable to meet your mortgage, the radically increasing and fluctuating fuel prices have contributed the most to your troubles. By the time the fuel prices added their costs to production by farmers, to transportation costs, and to every other activity in our economy alone… Well, you know what has happened to our economy and it should not have happened. On Wall Street, there are more actors than in Hollywood or DC. Take a cup with some coffee in it; you could spend all day discussing how full or how empty the cup is; and by the time your discussion ends, the coffee will be stagnant and unsafe to drink. The petroleum investors on Wall Street and World Wide toyed with our lives and our futures until they realized that they goofed big time. They nearly murdered their own markets and nearly committed suicide. Now, everyones financial resources are stressed to the limits (except bankruptcy lawyers, a viable source of future work for the lawyers who need to be voted out of DC) and our Governments at all levels are beyond that point, too. It would cause us to revolt if we knew how much we are expected to pay for the likes of Exxon_Mobile to make record profits. Now do you finally get the picture? You have only one alternative to save your own butts. VOTE!

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