What part of a contract does Harry Reid not understand?

[RockyBalboa]

Originally Posted by Cali Coug

If I was a partisan hack, it would be difficult to criticize something Reid supported (House Democrats, not that you care about being accurate, voted 125-73 AGAINST the bill, and Senate Democrats voted 25-18 against the bill).

Fortunately, I am not bound by the constraints that bind you and I can think on my own. Reid was wrong to support the bill. It is a bad idea that discourages entrepreneurship, unduly harms consumers, and penalizes those who are the victim of bad circumstances.

If you were a partisan hack?

It's a good thing we're not discussing hypotheticals.

[Tex]

Originally Posted by Cali Coug

If I was a partisan hack, it would be difficult to criticize something Reid supported (House Democrats, not that you care about being accurate, voted 125-73 AGAINST the bill, and Senate Democrats voted 25-18 against the bill).

So 91 Democrats supported it, eh? Imagine that. No matter what spin you like to put on it, that counts as bipartisan.

Originally Posted by Cali Coug

Fortunately, I am not bound by the constraints that bind you and I can think on my own. Reid was wrong to support the bill. It is a bad idea that discourages entrepreneurship, unduly harms consumers, and penalizes those who are the victim of bad circumstances.

Right. Anyone who disagrees with your unilateral thinking is "illogical" and unable to think on their own. Including 91 Democrats and Harry Reid. Maybe on that last point, I will agree.

[Cali Coug]

Originally Posted by MikeWaters

Cali, do you think it is bad that I will never be able to lose my student loans in bankruptcy? Why the exclusion there? Totally unfair.

No, for several reasons, not the least of which is that student loans are already heavily discounted (below prime), so the risk of defaulting is not already built into the loan. It is completely different from other types of loans.

[Cali Coug]

Originally Posted by Tex

So 91 Democrats supported it, eh? Imagine that. No matter what spin you like to put on it, that counts as bipartisan.



Right. Anyone who disagrees with your unilateral thinking is "illogical" and unable to think on their own. Including 91 Democrats and Harry Reid. Maybe on that last point, I will agree.

Then it is settled. Harry Reid, 91 Democrats and you were irrational in support of that bill.

[Cali Coug]

I am honestly surprised that people have no problem with the new bankruptcy law (particularly among a group that in general claims to be small business friendly). Please read the scenario I described with the SBA and ask yourself, does this make any sense at all from an economics or fairness perspective?

[Tex]

Originally Posted by Cali Coug

Then it is settled. Harry Reid, 91 Democrats and you were irrational in support of that bill.

Heh. Ok, Cali, whatever.

[Cali Coug]

Originally Posted by Tex

Heh. Ok, Cali, whatever.

What are you arguing for? I said we agreed.

[Tex]

Originally Posted by Cali Coug

What are you arguing for? I said we agreed.

Yes, it was brilliant. I surrender to your impressive debating techniques. Anyone who disagrees with you is being irrational.

Got it.

[Cali Coug]

Originally Posted by Tex

Yes, it was brilliant. I surrender to your impressive debating techniques. Anyone who disagrees with you is being irrational.

Got it.

You're the one who said we agreed. I thought I could take you at your word. No need to get feisty.

[il Padrino Ute]

Originally Posted by Cali Coug

I suppose I don't know what you would prefer. I was assuming you were a logical individual, but perhaps I have assumed too much.

What bothers me is that what you said isn't an accurate statement. Which is why I noted that you clearly do not understand the problem with the new bankruptcy law.

What purpose do you think bankruptcy laws serve (or should serve)?

How am I not being logical?

Am I wrong in thinking that the new bankruptcy law will give bankruptcy judges the power to decide if the person who files should abide by the terms of the original mortgage contract?

As for bankruptcy laws, nobody should be allowed to file if their financial problems are not a result of high medical costs. I believe in paying debts.