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The
Below Comments Relate to this Newslink:
SC: It’s the right, not the gun
Submitted by:
Mark A. Taff
Website: http://www.marktaff.com
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This week the Senate Judiciary Committee passed a bill that would allow individuals filing for bankruptcy to keep up to three guns worth up to $3,000 total.
In South Carolina, bankruptcy filers are allowed to keep a home, car, tools of a trade, and so on, up to a certain value. While a case can be made for some kinds of exceptions, the purpose of the bankruptcy process is for the debtor to pay whatever reasonably can be paid toward debts that exceed assets, and then start over with the bare necessities.
Sounds good, right? The creditor gets the short end of the stick, but you can’t get blood out of a turnip, and the turnip, to bend a phrase, will have a much harder time starting over without work or shelter. |
| Comment by:
PHORTO
(5/6/2017)
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If one is honest, one cannot argue with that treatise.
As painful as it may be, it is spot on. |
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| QUOTES
TO REMEMBER |
| [The American Colonies were] all democratic governments, where the power is in the hands of the people and where there is not the least difficulty or jealousy about putting arms into the hands of every man in the country. [European countries should not] be ignorant of the strength and the force of such a form of government and how strenuously and almost wonderfully people living under one have sometimes exerted themselves in defence of their rights and liberties and how fatally it has ended with many a man and many a state who have entered into quarrels, wars and contests with them. — George Mason, "Remarks on Annual Elections for the Fairfax Independent Company" in The Papers of George Mason, 1725-1792, ed Robert A. Rutland (Chapel Hill, 1970). |
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