Showing posts with label imprison. Show all posts
Showing posts with label imprison. Show all posts

Saturday, September 22, 2012

Shackle & Imprison Aggregate Demand. "That'll fix it!"

commentary by Roger Erickson

What part of systems optimization don't these @#$%&! idiots understand? We've become a whole nation that has kids & then locks 'em in the basement. That'll fix it?  BMHOTK!

These list entries reek of specific lobbies.

Debts That Are Always Nondischargeable

Some types of debts are deemed nondischargeable if they fall within one of a list of prescribed categories. Debts falling in one of these categories do not require a court hearing to determine dischargeability status.

Unless the debtor can demonstrate extraordinary circumstances to override public policy, the following debts are deemed automatically nondischargeable:

unscheduled debts (any debts the debtor fails to list on the bankruptcy petition or include on the mailing list), unless the creditor had actual notice or knowledge of the bankruptcy filing. Also, many jurisdictions allow discharge of otherwise dischargeable debts not listed in the petition due to an innocent mistake when there are no assets to distribute.

certain taxes (for details, see Tax Debts in Bankruptcy)

debts for spousal or child support or alimony

debts to government agencies for fines and penalties

student loans (with a few rare exceptions)

debts for personal injury caused by the debtor’s operation of a motor vehicle while intoxicated

debts owed to certain tax-advantaged retirement plans

debts for certain condominium or cooperative housing fees (such as homeowners association fees)

attorney fees in child custody and support cases, and

court fines and penalties, including criminal restitution.
***

So why not just reinstitute debtors prisons?

"They are on the way!" Russ Huntley

"The taxes and fees owed to government on that list are especially
absurd from our perspective."
Jerrit Erickson

"The elephant on this list is student loans. We gotta do something about this or we are impoverishing our children." Steve Hansen

Viewed another way, the argument is that "we" collectively can't
afford to self-educate our own population, but the same "we" collectively
as individuals can all afford to take out student loans. What part of "does not compute" don't these @#$%&! idiots understand?