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Saturday, March 12, 2005

In a vote of 74-25 last Thursday, the US Senate passed a measure that would change bankruptcy laws, making it harder for individuals seeking relief from their debt burden to avoid repayment. Almost twenty Democrats joined Republicans, who currently hold a majority of the seats in the US Senate, in passing the bill.

Lobbyists for credit card companies and financial services firms have worked for the bill during the last two administrations. A similar measure passed both the Senate and House during the previous administration, but then President Bill Clinton pocket-vetoed the measure in 2000.

Democrats sought to soften the bill by allowing bankruptcy filers to negotiate directly with lenders for relief, but the amendments were defeated by the Republican-controlled Senate. Proponents of the bill claim the rise of bankruptcy filings to nearly 1.5 million a year shows that abusers of credit use the filings to shield themselves from irresponsible practices.

“There has been an explosion of bankruptcy,” said Iowa Republican Sen. Charles E. Grassley, the bill’s sponsor. “We preserve the principle of a fresh start, but we also establish a principle that if you have the ability to repay some of your debt, you are not going to get off scot-free.” However, Massachusetts Democratic Sen., Edward M. Kennedy said, “This legislation makes the bankruptcy courts of the United States the collection agency for the credit-card industry.”

The bill impacts a broad spectrum of bankruptcy law, but the most significant impact is on personal bankruptcy filings. Individuals who get behind in repaying credit card debt face high interest charges and stiff late payment fees. By only meeting minimum payment requirements, borrowers remit to the lender over the life of the loan an amount in interest and other fees that can far exceed the value of the principal balance of the loan. This can put consumers who run up high balances on various cards at financial risk of default. Critics of the bill blame these aggressive lending practices as a contributing factor in the rising trend of bankruptcy filings from 1996.

The proposed bill doesn’t only affect debtors with credit card debt.

It also affects debtors who have run up large medical bills.

Patients with a past medical history that disqualifies them from full medical coverage, can easily find themselves facing insurmountable medical bills after just a short stay in the hospital. These individuals will no longer be able to get a fresh start after these personal disasters, and will be forced to live in poverty until they can pay off their medical bills as part of their Chapter 13 filing. (Prior to this bill, they would have been able to file Chapter 7, completely discharging their debt.)

Chapter 7, which accounts for 70% of bankruptcy filings, allows individuals to eliminate most non-secured debts after liquidating assets, with the notable exemption of one’s principle residence in most states. The Senate passed bill would change Chapter 7 eligibility by applying a means-test, where those with a median income higher than the state average would be required to file under Chapter 13 provisions. Under Chapter 13 protection, an individual’s debt is not forgiven; rather it is restructured for payment under more lenient terms.

This was the first major overhaul of federal bankruptcy law in many years.

Under the old bankruptcy law, a personal bankruptcy attorney could not be held financially responsible for his clients mendacity. Under the new bankruptcy law, the bankruptcy attorney is responsible for his client’s lies to the Court about his assets and the bankruptcy attorney and his insurance carrier can be held responsible by the Bankruptcy Court.

The result is that personal bankruptcy attorneys (this does not apply to corporate bankruptcy attorneys) are likely to flee the personal bankruptcy field when the new law takes effect. Their insurance companies will not offer the sort of coverage that they would need to continue to practice.

So when consumers need to file personal bankruptcy under the new law, they will be unlikely to find a bankruptcy attorney to represent them. Consumers will have to file pro se: such consumers will be likely to fail due to the complexity of the law.

The bottom line is that the field of personal bankruptcy law as a practice area of law will cease to exist when the new bankruptcy law takes effect, and consumers will be unable to secure legal counsel and so consumers will lose what legal protections counsel now affords them.

Under the new bankruptcy law about one half million Americans will be forest to pay for at lest 5 years on longer they will be held in servitude as chattel they will be completely subservient to a dominating influence of the company that holds the loan. Their loan will be put on the market for sale for profit. The people will be forced to work harder. People who fail to go to court will have a arrest warrant made out in their name and people who refuseto pay. They will be subject to fines and or jail. About fifty thousand Americans will punished by a fine and or about three thousand Americans every year will go to jail under the new bankruptcy law. For some people this will be a third strike they will be put in jail for life.

The bill has the support of President Bush, and its passage in the House sometime next month seems likely. If enacted into law, lending companies will recover more money on what otherwise would be written off as bad loans. Those persons of median and higher income seeking relief would be required to file under Chapter 13 status and pay up to $100 per month under court imposed conditions. It is expected the proposed changes would cause a sharp increase in filings before the new law could take effect.

Wednesday, November 15, 2006

The Victoria Cross and bar awarded to soldier, Charles Upham, have been sold to Britain’s Imperial War Museum in London. The Victoria Cross and bar, also known as a double Victoria Cross, were only awarded to one combat solider, Mr Upham. The medals will, however, remain in New Zealand as they are on loan to New Zealand for 999 years, this is welcoming news to the New Zealand government.

The medals were not exactly donated to New Zealand as it is currently illegal to export the medals, but it still generous to donate them so New Zealand can still see the medals at the Queen Elizabeth II Army Memorial Museum. His family had requested that they be on view.

Amanda Upham and Virginia MacKenzie are Mr Uphams daughters and are the ones who sold the medals to the war museum in Britain. The medals were sold for an unknown amount of money, however it was known that they had wanted NZ$3.3 million.

The government had offered to buy the medals for $1 million, this was rejected by the two daughters which caused a lot of controversy. A collector had then offered $9 million.

Speaking in Hong Kong, Phil Goff, minister of defence, said: “I’m hugely pleased the Upham medals will now be held at the Waiouru Army Museum in perpetuity as part of New Zealand’s military heritage.” Mr Goff also thanked a trust that worked together with the museum to make sure that New Zealand was still able to view the medals.

Mr Upham had won his Victoria Crosses in World War Two. His first Victoria Cross was won in the Battle of Crete in 1941. And he won his bar in the Western Desert about a year after his first Victoria Cross.

A Victoria Cross is the highest medal available to be awarded for bravery in the Commonwealth Realm.

Friday, September 11, 2009

Disney president John Lasseter has announced that British actor Timothy Dalton will be voicing a character in Toy Story 3.

Dalton, who previously starred as James Bond in Licence to Kill and The Living Daylights, will star as a thespian hedgehog called Mr. Pricklypants in Toy Story 3, a film which is due for release in June 2010. Mr. Pricklypants is described as “a hedgehog toy with thespian tendencies”.

John Lasseter, Disney/Pixar Chief Creative Officer, made the announcement at a Disney Animation Showcase in London, England on Thursday. At the same event it was announced that Mandy Moore would star in a cartoon based on the fairytale Rapunzel and that a James Bond-style character will appear in upcoming Disney/Pixar film Cars 2. In August 2009, it was also announced that Michael Keaton — from the movie Cars — would voice Ken, the boyfriend to Barbie in the film.

John Lasseter originally announced the plans for the third film in the franchise in January 2008 and said that people would be “blown away” by it. He proclaimed: “It [Toy Story 3] is shaping up to be another great adventure for Buzz, Woody and the gang from Andy’s room.”

Monday, December 2, 2013

Police in the West Midlands in England today said nearly 200 kilograms worth of drugs with value possibly as great as £30 million (about US$49 million or €36 million) has been seized from a unit in the town of Brownhills. In what an officer described as “one of the largest [seizures] in the force’s 39 year history”, West Midlands Police reported recovering six big cellophane-wrapped cardboard boxes containing cannabis, cocaine, and MDMA (“ecstasy”) in a police raid operation on the Maybrook Industrial Estate in the town on Wednesday.

The seized boxes, which had been loaded onto five freight pallets, contained 120 one-kilogram bags of cannabis, 50 one-kilogram bags of MDMA, and five one-kilogram bricks of cocaine. In a press release, West Midlands Police described what happened after officers found the drugs as they were being unloaded in the operation. “When officers opened the boxes they discovered a deep layer of protective foam chips beneath which the drugs were carefully layered”, the force said. “All the drugs were wrapped in thick plastic bags taped closed with the cannabis vacuum packed to prevent its distinctive pungent aroma from drawing unwanted attention.” Police moved the drugs via forklift truck to a flatbed lorry to remove them.

Detective Sergeant Carl Russell of West Midlands Police’s Force CID said the seizure was the largest he had ever made in the 24 years he has been in West Midlands Police and one of the biggest seizures the force has made since its formation in 1974. “The impact this seizure will have on drug dealing in the region and the UK as a whole cannot be underestimated”, he said. “The drugs had almost certainly been packed to order ready for shipping within Britain but possibly even further afield. Our operation will have a national effect and we are working closely with a range of law enforcement agencies to identify those involved in this crime at whatever level.”

Expert testing on the drugs is ongoing. Estimates described as “conservative” suggest the value of the drugs amounts to £10 million (about US$16.4 million or €12 million), although they could be worth as much as £30 million, subject to purity tests, police said.

Police arrested three men at the unit on suspicion of supplying a controlled drug. The men, a 50-year-old from Brownhills, a 51-year-old from the Norton area of Stoke-on-Trent in Staffordshire, and one aged 53 from Brownhills, have been released on bail as police investigations to “hunt those responsible” continue. West Midlands Police told Wikinews no person has yet been charged in connection with the seizure. Supplying a controlled drug is an imprisonable offence in England, although length of jail sentences vary according to the class and quantity of drugs and the significance of offenders’ roles in committing the crime.

Monday, March 21, 2005A piece of driftwood in the shape of a crucifix is listed for sale on eBay with a starting bid price of $25,000. The seller, known as “Marzipanda,” from Scottsdale, Arizona lists its description as a “Natural Found Wood Jesus Christ Crucifix Cross Easter.”

Maripanda describes the discovery of the piece as, “My very dear friend found this amazing natural driftwood while hiking a few years ago. So striking because it clearly resembles the Lord and all the details.”

Expensive found art Christiana made international headlines in November 2004 when a Florida woman named Diana Duyser sold a partially eaten grilled cheese sandwich on eBay for $28,000 to Canadian online gambling website, GoldenPalace.com, after claiming she saw the likeness of the Virgin Mary burned onto the toast.

But not all high-priced Christian fare on eBay is of dubious value. A perusal of Christian-themed items as of March 20, showed 13,944 for sale on eBay. They ranged from other found art to some very expensive and authenticated rare art.

One such item has an eBay seller from Tel-Aviv, Israel listing a 19th century iron wall plaque with a starting bid of $30,000 and a shipping cost of $2,000, making it the most-expensive Christian religious item listed for sale on the auction web site.

Under the “Christian Icons” section of the site, the 14 cast iron plaques are advertised to have been made in 1855 and portrays “Jesus in Jerusalem” with the 14 stations of Christ.

Another high-priced Christian-themed item is a set of chalices and paten in Ft. Lauderdale, Florida for $3,550. The gold-plated silver is thought to have been made in the 1870s.

Monday, December 2, 2013

Police in the West Midlands in England today said nearly 200 kilograms worth of drugs with value possibly as great as £30 million (about US$49 million or €36 million) has been seized from a unit in the town of Brownhills. In what an officer described as “one of the largest [seizures] in the force’s 39 year history”, West Midlands Police reported recovering six big cellophane-wrapped cardboard boxes containing cannabis, cocaine, and MDMA (“ecstasy”) in a police raid operation on the Maybrook Industrial Estate in the town on Wednesday.

The seized boxes, which had been loaded onto five freight pallets, contained 120 one-kilogram bags of cannabis, 50 one-kilogram bags of MDMA, and five one-kilogram bricks of cocaine. In a press release, West Midlands Police described what happened after officers found the drugs as they were being unloaded in the operation. “When officers opened the boxes they discovered a deep layer of protective foam chips beneath which the drugs were carefully layered”, the force said. “All the drugs were wrapped in thick plastic bags taped closed with the cannabis vacuum packed to prevent its distinctive pungent aroma from drawing unwanted attention.” Police moved the drugs via forklift truck to a flatbed lorry to remove them.

Detective Sergeant Carl Russell of West Midlands Police’s Force CID said the seizure was the largest he had ever made in the 24 years he has been in West Midlands Police and one of the biggest seizures the force has made since its formation in 1974. “The impact this seizure will have on drug dealing in the region and the UK as a whole cannot be underestimated”, he said. “The drugs had almost certainly been packed to order ready for shipping within Britain but possibly even further afield. Our operation will have a national effect and we are working closely with a range of law enforcement agencies to identify those involved in this crime at whatever level.”

Expert testing on the drugs is ongoing. Estimates described as “conservative” suggest the value of the drugs amounts to £10 million (about US$16.4 million or €12 million), although they could be worth as much as £30 million, subject to purity tests, police said.

Police arrested three men at the unit on suspicion of supplying a controlled drug. The men, a 50-year-old from Brownhills, a 51-year-old from the Norton area of Stoke-on-Trent in Staffordshire, and one aged 53 from Brownhills, have been released on bail as police investigations to “hunt those responsible” continue. West Midlands Police told Wikinews no person has yet been charged in connection with the seizure. Supplying a controlled drug is an imprisonable offence in England, although length of jail sentences vary according to the class and quantity of drugs and the significance of offenders’ roles in committing the crime.

Wednesday, March 1, 2006

The Sizzler Restaurant franchise in Australia has closed the salad bars in all of its 29 restaurants across the country, after rat poison was discovered in food at two of the chain’s outlets in Brisbane. Self-serve salad bars at the restaurants have been closed in response to a sabotage scare. Sizzler Australia Managing Director Bo Ryan said customer safety was always the restaurant chain’s first priority.

A media release on the Sizzler website states: “As a precautionary measure and because customer health and safety is our number one priority, we have temporarily closed salad bars in all Sizzler Restaurants. We sincerely apologise for this major inconvenience.”

Police said green pellets were found in pasta sauce at a Sizzler restaurant in Brisbane’s inner-west on January 20. A regular customer at the Toowong restaurant told Sizzler staff she had found something odd in her bolognese pasta sauce. Similar pellets were found in a vegetable soup at Sizzler’s Myer Centre outlet in the city about 5pm on Saturday.

Bo Ryan said the decision to close all of its Australian salad bars was made after laboratory tests confirmed that the substance in the pasta sauce was indeed rat poison. He said trainees who tasted the poisoned soup had been been taken to hospital by ambulance as a precaution, but had suffered no ill effects.

Queensland Police Inspector Bob Hytch said no one had been reported ill as a result of eating the poisoned food and there had been no extortion threats. Sarah Kenny, a university student, said she and two friends had eaten spaghetti bolognese that “tasted really weird”.

“The inconvenience to customers and the economic impact on the company and its 1600 employees will be severe, but as a family restaurant our first priority is the welfare of our diners,” said Bo Ryan. “Steak and seafood and a limited range of salads would continue to be available.” He hopes that customers will understand the action was taken in their best interests, and that “they can be patient while temporary product security procedures are developed and implemented in all restaurants.”

The 29 Australian Sizzler Restaurants, along with 107 Kentucky Fried Chicken outlets are operated by the Collins Foods Group, a wholly owned subsidiary of Worldwide Restaurant Concepts Inc. Mr Ryan said Sizzler was assessing measures which could be taken to prevent a recurrence of the sabotage. “As soon as new measures are introduced, over and above existing strict protocols, we will reassess the situation,” he said.