Legal Advice and Services Blog

Question by Jimmbbo: How many ways will 0bama drive the economy into bankruptcy?
Medicare is going BROKE, and will need more cash
Medicare is going BROKE, and will need more cash
Social Security is going BROKE, and will need more cash

0bamacare is estimated to be $ 2.5 TRILLION (NO serious person believes barry’s $ 1 trillion tag)

Millions of baby boomers, who be inflicted including paid into the Social Security for DECADES retiring, meaning
MORE demand for Medicare, Social Security

How will this NOT bankrupt the country?

Best resolution:

Resolution by Jester
If you are so sure including the intention of the US economy will collapse, you better start export insurance against the US going bankrupt. The 5 time CDS for US soverign risk is currently trading in the commence market at 36.9 basis points. This earnings you pay 36.9 cents for 1000$ . Sounds be fond of a skilled deal to me!

Unfortunately this low CDS spread shows including the intention of the capitalist free market does not believe including the intention of the US is going bankrupt. But, hey, who believes in a free market anyway!

Add your own resolution in the observations!

Question by osunumberonefan: Are there any ways to include student loans on a bankruptcy judgment?
Yeah, I know the law changed recently, but are there any execptions to the law including the intention of made it harder to include school loans on a bankruptcy? What if the person filing bankruptcy either has a disability or has a low income? What type of strategies continue living for having school loans built-in on a bankruptcy? Thanks

Best resolution:

Resolution by BigD
No

student loans are not dischargeable, still

Give your resolution to this question below!