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Archive for Sunday, August 30, 2009

Bankruptcies

August 30, 2009

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Douglas County residents or businesses filing for bankruptcy protection during the week ended Thursday in U.S. Bankruptcy Court in the District of Kansas, according to court records:

• Blake Thomas Hegeman, 2607 Jordan Lane, Lawrence.

• Rafael Torres and Alma Gloria Torres, 109 Glenview Drive, Lawrence.

• Timmy Joe Patterson, also known as T.J. Patterson, and Laura Ann Patterson, 602 Parkside Court, Baldwin City.

• Anna Teresa Mills and Jay H. Mills, 2433 W. 24th Terrace, Apt. 7, Lawrence.

• Derek Lee Mize and Michelle Lea Mize, formerly known as Michelle Lea Teague and Michelle Lea Curtis, and also known as Michelle Lea Teaguemize, 1039 Main St., Eudora.

• Scott Alan Cash, 1603 W. Second Terrace, Lawrence.

• Sara Elizabeth Asher, formerly known as Sara Elizabeth Adkins, 217 Deerfield Lane, Lawrence.

• Kari Renee Giroux, also known as Kari Renee Giroux-Clark, 2500 W. Sixth, No. 111, Lawrence.

• Carol Ann Gregg, 1428 Tallgrass Circle, Eudora.

• Joseph Daniel Hutchens, also known as Joe Hutchens, 420 North St., Lot 62, Lawrence.

Comments

Godot 5 years, 3 months ago

I saw this post on another forum, and I think it is so right on point, right on target, that I will post it here, with attribution and thanks to throxxofvron:

"I am becoming very much alarmed at the number of Families that are being crushed by unemployment and debt.

Whatever amount of Money the US Government is willing to spend to save the Banks should be made available in multiples to protect Citizenry from destitution, hunger and homelessness.

I know highly productive -damn hard working People- that have not had employment in several months that are beginning to get quite fearful of this coming Winter. People that have excellent employment histories that are being ruined by the unavailability of work. Some are exhausting Their savings to pay CCards that suddenly carry rates in excess of 28% despite Their having Never missed a Payment in Their Lives.

As the Banks are being Bailed Out, They are pushing up rates outrageously, hording money at the FED for interest payments the like of which are unavailable to the Citizenry, Gouging Consumers with fees, and lowering or closing credit lines damaging FICO scores.

If the Government really wanted the Banks to lend and were interested in helping ordinary People as has been repeatedly stated by Everyone including Obama, then the Bailouts would only have been advanced with a prohibition on raising CCard rates or closing off Credit Lines to People Who have been making Their Payments.

A Vast body of the Citizenry, wholly removed from the issues concerning Mortgage Lending; is being ALLOWED by .gov to be ****d by the Banks via putative Credit Tightening and Blatant Usury.

If it is rightful for the Financially Strapped to be charged 28% for a loan then this should be applied first and foremost to the Banks Themselves as They have been proven to be the most highly leveraged entities in the System and those engaging in the most highly risky of behaviors.

Our Nation is supposed to be a Nation for, of, and by the PEOPLE; Not for of and by the Corporations and Banks. The United States Government should be doing as much, if not more to assist the Citizenry in Their desperation as it has and is for the Corporations and Banks.


DIONYSUS: " Thou hast no knowledge of the life thou art leading; thy very existence is now a mystery to thee. " -from 'The Bacchantes' By Euripides

“During times of universal deceit, telling the truth becomes a revolutionary act.” -George Orwell

Last modified: 2009-08-30 02:23:16 by throxxofvron

Godot 5 years, 3 months ago

Fun factoid: the Banks can borrow money from the Federal Reserve at zero percent, then re-deposit that same money with the Federal Reserve as "reserves," and be paid 6 percent on it.

Meanwhile, we feeble citizens deposit (loan) our money to the banks, and, at most, we get paid 2 percent. Then those of us foolish enough to use credit cards borrow our own money back from the banks at 28%.

Neat trick, eh?

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