I get a monthy disability check.Ive heard you need to pay back depts now.Can any one tell me what are the laws.What I need to do?Thanks

Sixty-three years ago, Nazi Germany had overrun almost all of Europe and hammered England to the verge of bankruptcy and defeat, and had sunk more than four hundred British ships in their convoys between England and America for food and war materials.

At that time the U.S. was in an isolationist, pacifist mood, and most Americans wanted nothing to do with the European or the Asian war.

Then along came Pearl Harbor on December 7, 1941, and in outrage Congress unanimously declared war on Japan , and the following day on Germany , which had not yet attacked us. It was a dicey thing. We had few allies. France was not an ally, as the Vichy government of France quickly aligned itself with its German occupiers. Germany was certainly not an ally, as Hitler was intent on setting up a Thousand Year Reich in Europe . Japan was not an ally, as it was well on its way to owning and controlling all of Asia . Together, Japan and Germany had long-range plans of invading Canada and Mexico , as launching pads to get into the United States over our northern and southern borders, after they finished gaining control of Asia and Europe . America ‘s only allies then were England , Ireland , Scotland , Canada , Australia , and Russia . That was about it. All of Europe, from Norway to Italy , except Russia in the east, was already under the Nazi heel.

America was certainly not prepared for war. America had drastically downgraded most of its military forces after WWI and throughout the depression, so that at the outbreak of WW2, army units were training with broomsticks because they didn’t have guns, and cars with “tank” painted on the doors because they didn’t have real tanks. And a huge chunk of our navy had just been sunk or damaged at Pearl Harbor .

Britain had already gone bankrupt, saved only by the donation of $600 million in gold bullion in the Bank of England, that was actually the property of Belgium , given by Belgium to England to carry on the war when Belgium was overrun by Hitler (a little known fact). Actually, Belgium surrendered on one day, because it was unable to oppose the German invasion, and the Germans bombed Brussels into rubble the next day just to prove they could. Britain had already been holding out for two years in the face of staggering shipping loses and the near-decimation of its air force in the Battle of Britain, and was saved from being overrun by Germany only because Hitler made the mistake of thinking the Brits were a relatively minor threat that could be dealt with later, and first turning his attention to Russia, at a time when England was on the verge of collapse, in the late summer of 1940.

Ironically, Russia saved America ‘s butt by putting up a desperate fight for two years, until the U.S. got geared up to begin hammering away at Germany . Russia lost something like 24 million people in the sieges of Stalingrad and Moscow alone… 90% of them from cold and starvation, mostly civilians, but also more than a MILLION soldiers. Had Russia surrendered, Hitler would have been able to focus his entirewar effort against the Brits, then America . And the Nazis could possibly have won the war.

All of this is to illustrate that turning points in history are often dicey things. And now, we find ourselves at another one of those key moments in history.

There is a very minority in Islam that either has, or wants and may soon have, the ability to deliver small nuclear, biological, or chemical weapons, almost anywhere in the world. The Jihadis, the militant Muslims, are basically Nazis in Kaffiyahs- they believe that Islam, a radically conservative form of Wahhabi Islam, should own and control the Middle East first, then Europe , then the world. And that all who do not bow to their will of thinking should be killed, enslaved, or subjugated. They want to finish the Holocaust, destroy Israel , and purge the world of Jews. This is their mantra. There is also a civil war raging in the Middle East — for the most part not a hot war, but a war of ideas. Islam is having its Inquisition and its Reformation, but it is not known yet which will win — the Inquisitors, or the Reformationists. If the Inquisition wins, then the Wahhabis, the Jihadis, will control the Middle East, the OPEC oil, and the US , European, and Asian economies. The techno-industrial economies will be at the mercy of OPEC — not an OPEC dominated by the educated, rational Saudis of today, but an OPEC dominated by the Jihadis. You want gas in your car? You want heating oil next winter? You want the dollar to be worth anything? You better hope the Jihad, the Muslim Inquisition, loses, and the Islamic Reformation wins.

If the Reformation movement wins, that is, the moderate Muslims who believe that Islam can respect and tolerate other religions, and live in peace with the rest of the world, and move out of the 10th century into the 21st, then the troubles in the Middle East will eventually fade away, and a moderate and prosperous Middle East will merge.

We have to help the Reformation win, and to do that we have to fight the Inquisition, i.e., the Wahhabi movement, the Jihad, Al Qaeda and the Islamic terrorist movements. We have to do it somewhere. And we can’t do it everywhere at once. We have created a focal point for the battle at a time and place of our choosing……..in Iraq .

Not in New York , not in London , or Paris or Berlin , but in Iraq , where we are doing two important things. (1) We deposed Saddam Hussein. Whether Saddam Hussein was directly involved in 9/11 or not, it is undisputed that Saddam has been actively supporting the terrorist movement for decades. Saddam is a terrorist. Saddam is, or was, a weapon of mass destruction, who is responsible for the deaths of probably more than a million Iraqis and two million Iranians. (2) We created a battle, a confrontation, a flash point, with Islamic terrorism in Iraq . We have focused the battle. We are killing bad people, and the ones we get there we won’t have to get here. We also have a good shot at creating a democratic, peaceful Iraq , which will be a catalyst for democratic change in the rest of the Middle East, and an outpost for a stabilizing American military presence in the Middle East for as long as it is needed.

World War II, the war with the German and Japanese Nazis, really began with a “whimper” in 1928. It did not begin with Pearl Harbor . It began with the Japanese invasion of China . It was a war for fourteen years before America joined it. It officially ended in 1945 — a 17 year war — and was followed by another decade of U.S. occupation in Germany and Japan to get those countries reconstructed and running on their own again … a 27 year war. World War II cost the United States an amount equal to approximately a full year’s GDP — adjusted for inflation, equal to about $12 trillion dollars. WWII cost America more than 400,000 killed in action, and nearly 100,000 still missing in action.

The Iraq war has, so far, cost the US about $160 billion, which is roughly what 9/11 cost New York . It has also cost about 2,200 American lives, which is roughly 2/3 of the 3,000 lives that the Jihad snuffed on 9/11. But the cost of not fighting and winning WWII would have been unimaginably greater — a world dominated by German and Japanese Nazism.

Americans have a short attention span, conditioned by 30 second sound bites, 60 minute TV shows, and 2 hour movies in which everything comes out okay. The real world is not like that. It is messy, uncertain,and sometimes bloody and ugly. Always has been, and probably always will be.

The bottom line is that we will have to deal with Islamic terrorism until we defeat it, whenever that is. It will not go away if we ignore it. If the U.S. can create a reasonably democratic and stable Iraq , then we have an ” England ” in the Middle East, a platform, from which we can work to help modernize and moderate the Middle East . The history of the world is the clash between the forces of relative civility and civilization, and the barbarians clamoring at the gates. The Iraq war is merely another battle in this ancient and never-ending war. And now, for the first time ever, the barbarians are about to get nuclear weapons. Unless somebody prevents them.

We have four options:

1. We can defeat the Jihad now, before it gets nuclear weapons.

2. We can fight the Jihad later, after it gets nuclear weapons (which may
be as early as next year, if Iran ‘s progress on nuclear weapons is what Iran claims it is).

3. We can surrender to the Jihad and accept its dominance in the Middle East, now, in Europe in the next few years or decades, and ultimately in America .

4. Or, we can stand down now, and pick up the fight later when the Jihad is more widespread and better armed, perhaps after the Jihad has dominated France and Germany and maybe most of the rest of Europe . It will, of course, be more dangerous, more expensive, and much bloodier.

If you oppose this war, I hope you like the idea that your children, or grandchildren, may live in an Islamic America under the Mullahs and the Sharia, an America that resembles Iran today. The history of the world is the history of civilizational clashes, cultural clashes. All wars are about ideas, ideas about what society and civilization should be like, and the most determined always win. Those who are willing to be the most ruthless always win. The pacifists always lose, because the anti-pacifists kill them.

Remember, perspective is everything, and America ‘s schools teach too little history for perspective to be clear, especially in the young American mind. The Cold war lasted from about 1947 at least until the Berlin Wall came down in 1989. Forty-two years. Europe spent the first half of the 19th century fighting Napoleon, and from 1870 to 1945 fighting Germany . World War II began in 1928, lasted 17 years, plus a ten year occupation, and the U.S. still has troops in Germany and Japan . World War II resulted in the death of more than 50 million people, maybe more than 100 million people, depending on which estimates you accept.

The U.S. has taken more than 2,000 KIA in Iraq . The U.S. took more than 4,000 killed in action on the morning of June 6, 1944, the first day of the Normandy Invasion to rid Europe of Nazi Imperialism. In WWII the US averaged 2,000 KIA a week — for four years. Most of the individual battles of WWII lost more Americans than the entire Iraq war has done so far. But the stakes are at least as high … A world dominated byrepresentative governments with civil rights, human rights, and personal freedoms … or a world dominated by a radical Islamic Wahhabi movement, by the Jihad, under the Mullahs and the Sharia (Islamic law).

It’s difficult to understand why the American left does not grasp this. They favor human rights, civil rights, liberty and freedom, but evidently not for Iraqis. “Peace Activists” always seem to demonstrate here in America , where it’s safe. Why don’t we see Peace Activist demonstrating in Iran , Syria , Iraq , Sudan , North Korea , in the places that really need peace activism the most?

The liberal mentality is supposed to favor human rights, civil rights, democracy, multiculturalism, diversity, etc., but if the Jihad wins, wherever the Jihad wins, it is the end of civil rights, human rights, democracy, multiculturalism, diversity, etc. Americans who oppose the liberation of Iraq are coming down on the side of their own worst enemy.
sorry i know it is long, but i really want to know other peoples thoughts on this aritcle. It’s by Raymond S Kraft by the way.
when responding please Don’t assume I think one way or the other. I want to know YOUR thoughts. not what u think i think.

1. The fact that a candidate __ disqualifies him or her from representing utah in the senate
A was born in guatemala
B is 33 years old
C lives in utah, but works in idaho
D has been a citizen for 8 years

correct answer C?

2 An example of an expressed power of congress is the?
A power to tax
B power of franking
C veto power
D appropriation of funds for education

correct answer C?

3 __ is when congress regulates the laws pertaining to when a person or entity is no longer financially solvent
A bankruptcy
B copyright infringement
C patent power
D legal tendering

correct answer A?

4 Committee chairpersons are usually chosen?
A by the presiding officers
B by the majority whips
C on the basis of ability
D on the basis of seniority

correct answer D?

5 When a bill is introduced in the house, it is first?
A given to the rules committee
B read aloud in full
C given a number and a title
D debated by the full house

correct answer C?

Grace Ho started her own law practice ten years ago. Her firm, Grace Ho and Associates,
specializes in estate planning and currently employs five attorneys, two legal assistants,
one legal secretary, and a bookkeeper/receptionist. The firm has always used
a manual accounting system, which includes procedures for time and billing. Each attorney
fills out time sheets in 15-minute increments. These time sheets are turned
over to Susan Burgess, the bookkeeper, each week. Susan uses the time sheets to prepare
client bills. Once a month, Susan delivers the time sheets and other accounting
data to the outside accountant who uses the information to prepare financial reports
and tax returns.
There are several problems with the current system. Recently, a few clients have
complained about the lack of detail on their bills. A customer invoice simply shows a
total dollar amount due, which is calculated by multiplying the billing rate for each
attorney times the number of hours spent on a client’s work. The system adds an
overhead figure of 70 percent to the bill to cover the costs of the legal assistant’s
time, secretarial work, phone and office expense, copy charges, postage expense, and
so on. Besides client complaints, Susan is upset because she has a very difficult time
getting the attorneys to fill out their time sheets properly and turn them in on time.
She is not confident that the bills she sends to clients are accurate. She suspects that
an attorney often has to go back and reconstruct his or her time sheet from memory
rather than recording time as it is spent on a client task. Finally, attorneys are unhappy
because they do not like to be bothered with “all that accounting detail”when
they feel their time is better spent on client matters.
Grace’s practice is expanding. She is now doing bankruptcy work plus estate
planning. As a result, she intends to hire two more attorneys and another legal assistant
next year. She is concerned that she needs to automate her accounting system
to solve its current problems and to help the expansion of her practice.

Dobbs: Five-weeks off for ‘do-nothing Congress’

By Lou Dobbs
CNNNEW YORK (CNN) — This Republican-led, do-nothing Congress is on its way home for a five-week vacation. I’m sure while there, they’ll be glad to explain to their constituents why they need so much rest in a year in which they will work fewer than 80 days.

The Republicans in Congress have little to brag about when they return home. And the Democrats have a lot of explaining to do, as well. Once the party of the New Deal, Fair Deal and Great Society, the party of working men and women, the Democrats are now buried as deeply in the pockets of their corporate masters as are the Republicans.

The Democratic Party has played a major role in helping to pass legislation that is grossly injurious to middle-class Americans and their families. This Congress, Republican-led with complicit Democrats, has cut $13 billion in college-student aid, passed numerous free-trade agreements that threaten good-paying jobs and approved an unconscionable bankruptcy law written by credit-card companies that is nothing less than a federal government heel in the neck of American families bankrupted by catastrophic illness and crushing medical bills.

In fact, 18 of the 44 Democrats in the Senate and 73 of the 201 Democrats in the House voted in favor of the creditor-friendly bankruptcy bill. They apparently either didn’t bother to learn or didn’t care that half of all bankruptcies are caused by the soaring medical bills that stem from unforeseen illnesses and injuries.

The Democrats are also casting deciding votes on the so-called free-trade agreements that have allowed corporate supremacists to export American jobs to the cheapest sources of labor. Twenty-two House Democrats approved the recent Oman free-trade agreement, including 10 that had previously voted for the Central American Free Trade Agreement. CAFTA, which passed the House by only two votes at the midnight hour, opened up to American businesses a market about the size of New Haven, Connecticut.

And Democrats in the Senate have embraced the wrongheaded policies of the Bush administration on border security and illegal immigration. Thirty-eight Democrats joined with the Senate Republican leadership to crush the Republican majority and pass the illegal-alien amnesty bill.

Forty-two Democrats voted against legislation that would have built a border fence to stop the flow of illegal aliens and drugs across our borders. In fact, it was Democrat Christopher Dodd of Connecticut whose amendment was attached to the legislation that would require the U.S. government to consult with the Mexican government before building a fence along our southern border.

Congressional Democrats are even more dismissive of the need for border security than the Senate Republicans. House Republicans have taken to calling the McCain-Kennedy amnesty bill the “Reid-Kennedy bill” because Minority Leader Harry Reid of Nevada and Sen. Ted Kennedy of Massachusetts shaped most of the legislation.

The Democrats incredibly talk about illegal aliens as victims as they press for amnesty, yet not one has raised concerns for the true victims of corporate America’s lust for cheap labor: American working men and women, taxpayers all.

It was, after all, Sen. Reid who argued in 1993 that illegal aliens place “tremendous burdens” on this country’s justice system, schools and social programs, stretching our federal wallet to the limit as a result of “illegal aliens getting welfare, food stamps, medical care and other benefits.”

What could possibly explain Sen. Reid’s complete conversion on the issue? He’s said it was from talking to his wife and immigrants, but could his state’s wholesale importation of illegal aliens and the importance of all that corporate lobbying and campaign contribution money be a factor? Surely not.

And how about that firebrand advocate for the Democratic Party’s traditions and values, Democratic National Committee Chairman Howard Dean? Once considered a presidential candidate with a refreshing vision for America, Dean now spends no time pursuing ideas and proposals that would help working men and women. Instead, he’s devoting his time and energy begging for money at the same contribution slop trough as his opponents while hurling insults at Republicans and indulging in petty name-calling.

Instead of articulating a vision and plan to help the United States win the war in Iraq, he said simply late last year, “The idea that the United States is going to win the war in Iraq is just plain wrong.” And when Iraqi Prime Minister Nouri al-Maliki was to address a joint session of Congress, Dean called him an anti-Semite for criticizing Israel. The petulant DNC chairman outdid himself by comparing an inconsequential Republican congresswoman, Katherine Harris of Florida, to the rather consequential Joseph Stalin. The incomparable Howard Dean managed to do that while calling for an end to political divisiveness.

The Democrats want to wrest control of Congress from Republicans, and they have a better than average opportunity to accomplish the feat. The next five weeks just might be a good time for frustrated, disgusted constituents to ask what it will take to elect a Congress willing to represent working men and women and their families.

And let me know what you hear.

I’m taking my LSAT in October and am seriously considering going to law school. I realize corporate/securities/bankruptcy law all have some application towards business, but how sought after would I be once I graduate compared to MBA’s, CFA’s, and finance undergrads from the Ivys? I currently have a few years experience as a research associate and market analytics analyst and my ultimate goal is to work for/start a hedge fund focused on high yield and distressed debt investing.

My question is targeted towards money managers and analysts.

Thank you.

The only reason I want to file bankruptcy is because I have $200 000 Judgment after foreclosing my house,but my Accountant told me that filling Bankruptcy will not help me. There is new Law which will not forgive Judgments ,so could protect the Lender.
Is that true?

http://www.mises.org/story/1396

bankruptcy lawyer in joes county laurel,ms. 39440 for low income

I was just wondering what is the difference between Chapter 7, 10 & 13 bankruptcies. How did the new law that Bush passed now affect bankruptcies (or does it at all)? I’ve heard everything that you can’t file for Chapter 13 bankruptcy anymore to you have to take financial planning classes thereafter. Also, is it advisable at all? I know normally people say make it your last resort, but I am beyond in debt and do not have any other resolutions. Any horror stories after filing? Any positive stories? Please enlighten me.

thanks!