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HI THERE!
WELCOME TO THE SHOW.
2
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STILL TAKING PLACE
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IN THIS BLANK VOID.
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I'VE NICKNAMED IT
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"PRINCE PHILLIP'S COFFIN"
6
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BECAUSE IT'S A SAD LITTLE BOX
7
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CONTAINING A RAPIDLY DECOMPOSING
8
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BRITISH MAN.
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AND LOOK, IN THE WAKE OF
10
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THE SHOOTING OF DAUNTE WRIGHT
11
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LAST SUNDAY, I CAN SAFELY SAY:
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THIS WEEK HAS BEEN A FUCKING
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NIGHTMARE.
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FROM THE NEWS HE WAS PULLED OVER
15
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FOR MINOR TRAFFIC VIOLATIONS,
16
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INCLUDING HAVING AN
17
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AIR FRESHENER HANGING
18
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ON HIS REAR VIEW MIRROR,
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TO THE 26-YEAR-VETERAN OF
20
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THE POLICE FORCE WHO KILLED HIM
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CLAIMING IT WAS SOMEHOW AN
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ACCIDENT, TO THE LOCAL POLICE
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DEPARTMENT FLYING A THIN BLUE
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LINE FLAG AFTER THE SHOOTING.
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WHICH IS JUST CORN-FED,
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DEEP FRIED BULLSHIT.
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THE WEEK SANK INTO A
28
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DEPRESSINGLY FAMILIAR CYCLE,
29
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WITH THE PRESIDENT INSISTING ON
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"PEACEFUL PROTEST"... WHICH IS
31
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SO OFTEN JUST ANOTHER WAY TO
32
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PRIORITIZE COMPLIANCE OVER
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RIGHTEOUS DISSENT,
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AND TO PROTECT PROPERTY OVER
35
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HUMAN LIVES.
36
00:01:12,933 --> 00:01:14,053
AND THOSE KIND OF CALLS WERE
37
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ESPECIALLY GALLING, GIVEN
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LAW ENFORCEMENT'S
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ANYTHING-BUT-PEACEFUL RESPONSE,
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AS POLICE FIRED TEAR GAS,
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RUBBER BULLETS, AND FLASH BANG
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GRENADES AT PROTESTORS,
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CREATING MORE TENSION AND
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ANXIETY IN AN ALREADY
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EMOTIONALLY EXHAUSTED CITY.
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AND LOOK, WE COULD KEEP UP OUR
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PART IN THAT CYCLE.
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RIGHT NOW, I COULD CITE
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STATISTICS ABOUT POLICE USING
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EXCESSIVE FORCE.
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I COULD DUNK ON ALL THE
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APPALLING RESPONSES FROM
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CONSERVATIVE MEDIA FIGURES.
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I COULD REITERATE, YET AGAIN,
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THAT WHAT HAPPENED IS COMPLETELY
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WRONG, BUT THE FACT IS,
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WE COULDN'T EVEN FINISH WRITING
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ABOUT WHAT HAPPENED TO
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DAUNTE WRIGHT BEFORE
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THE CITY OF CHICAGO RELEASED
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VIDEO OF ONE OF THEIR OFFICERS
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KILLING A 13-YEAR-OLD UNARMED
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CHILD, ADAM TOLEDO... FOOTAGE
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WHICH CLEARLY CONTRADICTED
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THE PICTURE OF AN
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"ARMED CONFRONTATION" PAINTED BY
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THE POLICE AND THE MAYOR,
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AS WELL AS A PROSECUTOR WHO'D
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SAID TOLEDO HAD A GUN IN HIS
70
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HAND WHEN HE WAS SHOT.
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WHICH HE DID NOT.
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AND THAT REVELATION BEGAN
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THE CYCLE OF PROTESTS,
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CALLS FOR PEACE, AND POLICE
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OVERREACTION ALL OVER AGAIN.
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AND HERE IS THE THING.
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THIS SHOW HAS BEEN ON THE AIR
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FOR SEVEN YEARS NOW.
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WHICH, I KNOW, SOME MIGHT ARGUE
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IS EIGHT YEARS TOO MANY.
81
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AND IN THAT TIME, WE HAVE
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REPEATEDLY COVERED
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THE MULTIPLE WAYS POLICE
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TERRORIZE COMMUNITIES OF COLOR
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IN THIS COUNTRY.
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WE'VE DONE STORIES ON POLICE
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MILITARIZATION, ON THEIR OVERUSE
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OF MUNICIPAL VIOLATIONS
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AND RAIDS, ON THEIR LACK OF
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ACCOUNTABILITY, AND ON HOW
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THE HISTORY OF POLICING IN
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AMERICA IS INEXTRICABLY LINKED
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WITH WHITE SUPREMACY.
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AND I COULD MAKE THE SAME
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ARGUMENTS TO YOU AGAIN NOW.
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I COULD DESCRIBE THE PROBLEM TO
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YOU, BUT I THINK YOU KNOW WHAT
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...AND WHO... IT IS.
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I CAN OFFER SOLUTIONS, BUT I
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THINK YOU KNOW WHAT THEY ARE.
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I CAN OFFER ANGER, BUT IF YOU'RE
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A SENTIENT HUMAN BEING ALIVE
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RIGHT NOW AND YOU'RE NOT ALREADY
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FULL OF THAT, I HONESTLY DON'T
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KNOW WHAT TO SAY TO YOU.
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BECAUSE THE FACT IS,
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BLACK PEOPLE CONTINUE TO BE
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MOWED DOWN BY THE POLICE THAT
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THEY PAY FOR.
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AND IF YOU'VE WATCHED THE NEWS
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AT ALL THIS WEEK, YOU'RE
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PROBABLY EXHAUSTED.
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BLACK PEOPLE IN AMERICA
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DEFINITELY ARE.
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NOT JUST FROM THIS WEEK,
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BUT ALSO FROM THE, Y'KNOW,
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EVERYTHING.
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THE BLACK WRITERS ON THIS STAFF
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SET UP AN OUT OF OFFICE REPLY
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THAT JUST SAYS, "NAH."
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AND HONESTLY, I KIND OF GET IT.
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SO GIVEN ALL THAT, WE THOUGHT
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TONIGHT WE'D TRY AND BREAK OUR
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PART IN THIS CYCLE AND INSTEAD
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ATTEMPT TO DO SOMETHING
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A LITTLE BIT DIFFERENT.
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BECAUSE WE'VE DECIDED TO GIVE
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ANYONE WHO NEEDS IT A CHANCE TO
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REGROUP.
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AND THE NEXT SEVEN MINUTES ARE
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FOR ANYONE WHO'S FELT CRUSHED
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BY THIS WEEK.
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IF YOU CAN'T WATCH THOSE CLIPS
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AGAIN, WE'RE NOT GOING TO SHOW
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THEM TO YOU.
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INSTEAD, WE'RE GOING TO
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HOPEFULLY PROVIDE SOME TINY
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PIECES OF STUPID, SILLY JOY
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BEFORE WE ALL PLUNGE BACK INTO
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THE FIGHT.
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AND SO THAT IS WHY OUR FIRST
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STORY TONIGHT CONCERNS A GIANT
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BUNNY.
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SPECIFICALLY, ONE THAT'S GONE
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MISSING.
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AND IF YOU'RE THINKING, "YOU'RE
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NOT SERIOUSLY GOING TO TALK
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ABOUT A GIANT BUNNY RIGHT NOW,"
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...WELL, YOU HAVEN'T SEEN THE
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BUNNY YET.
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POLICE ARE SEARCHING FOR A
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GUINNESS WORLD RECORD HOLDING
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RABBIT.
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DARIUS, THE RABBIT RECORD
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BREAKER, LAST SEEN IN HIS
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HUTCH-CUM-SHED, LAST SATURDAY.
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AS THE WORLD'S LONGEST BUNNY HIS
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OWNER IS DESPERATE TO FIND HIM.
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ANNETTE EDWARDS TWEETED, "A VERY
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SAD DAY.
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THERE IS A REWARD OF 1,000
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POUNDS.
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DARIUS IS TOO OLD TO BREED NOW.
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SO PLEASE BRING HIM BACK."
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YEAH, THAT'S RIGHT,
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BIG RABBIT GOT TAKEN LIKE IN
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"TAKEN."
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LOOK AT THAT LONG LAD!
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AND BY THE WAY, AN APPEAL TO
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THE RABBIT SNATCHERS WITH
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"BRING HIM BACK, HE'S OLD,
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HE'S SHOOTING BLANKS.
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HE'S USELESS"?
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QUIT PUTTING DARIUS' BUSINESS
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OUT THERE IN THE STREETS.
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EVEN IN MIDDLE AGE, DARIUS IS
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A HOTROD WHOSE GOT YEARS OF
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BURROWING AND BANGING LEFT.
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GIVE HIM THE RESPECT
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HE DESERVES.
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AND THE FACT THIS BUNNY BEHEMOTH
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IS MISSING REALLY SOURS THIS
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CLIP OF DARIUS AND HIS OWNER
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FROM HAPPIER TIMES.
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00:04:52,266 --> 00:04:53,800
HE'S NOW BRINGING OUT
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00:04:53,866 --> 00:04:54,986
CHILDREN'S BOOKS, HE'S DOING
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A CALENDAR, HE'S DOING
188
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A WORLD TOUR.
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THERE'S NO STOPPING DARIUS!
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WELL, IT TURNS OUT
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THERE WAS ONE WAY TO STOP
192
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DARIUS!
193
00:05:03,800 --> 00:05:04,500
AND THAT'S STRAIGHT SNATCHING UP
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ALL 51 EXTREMELY WEIRD INCHES OF
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HIM.
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I GUESS PRIDE GOETH BEFORE
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THE FALL, AND AGGRESSIVE
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00:05:10,366 --> 00:05:10,866
COMMODIFICATION GOETH BEFORE
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THE JUMBO JACKRABBIT JACKING.
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AND THE DISAPPEARANCE OF THIS
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00:05:14,866 --> 00:05:16,166
ABSOLUTE MONSTROSITY WAS NOT
202
00:05:16,233 --> 00:05:17,533
THE ONLY BLISSFULLY STUPID STORY
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00:05:17,600 --> 00:05:19,266
THIS WEEK.
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FOR A FEW DAYS, THE INTERNET
205
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LIT UP WITH THE CLAIM THAT
206
00:05:21,733 --> 00:05:22,742
USHER TIPPED VEGAS STRIPPERS
207
00:05:22,766 --> 00:05:24,100
IN USHER BUCKS WITH HIS FACE
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00:05:24,166 --> 00:05:25,033
ON THEM.
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00:05:25,100 --> 00:05:26,666
WHICH, ON THE ONE HAND, IS
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00:05:26,733 --> 00:05:27,973
ICONIC, BUT, ON THE OTHER HAND,
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00:05:28,000 --> 00:05:29,300
IS FUCKING ICONIC.
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AND I WOULDN'T BLAME THE DANCERS
213
00:05:30,833 --> 00:05:33,166
FOR BEING MAD ABOUT ENDING
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00:05:33,233 --> 00:05:34,100
THEIR NIGHT WITH A THONG FULL OF
215
00:05:34,166 --> 00:05:35,666
USHER SELFIES.
216
00:05:35,733 --> 00:05:36,942
ALTHOUGH, I DO HAVE TO TELL YOU,
217
00:05:36,966 --> 00:05:38,366
THE STRIP CLUB INSISTS USHER
218
00:05:38,433 --> 00:05:39,442
DIDN'T USE FAKE MONEY TO TIP
219
00:05:39,466 --> 00:05:40,500
THE DANCERS, ADDING,
220
00:05:40,566 --> 00:05:42,066
"HE CONVERTED THOUSANDS OF
221
00:05:42,133 --> 00:05:43,466
REAL DOLLARS TO TIP THEM" AND
222
00:05:43,533 --> 00:05:44,966
"USHER WAS A TRUE GENTLEMAN."
223
00:05:45,033 --> 00:05:46,733
BUT TO ME, THAT ACTUALLY MAKES
224
00:05:46,800 --> 00:05:48,040
THIS STORY EVEN BETTER, BECAUSE
225
00:05:48,066 --> 00:05:49,400
"USHER WAS A TRUE GENTLEMAN" IS
226
00:05:49,466 --> 00:05:50,266
NOW MY FAVORITE THING I'VE EVER
227
00:05:50,333 --> 00:05:51,166
BEEN LEGALLY REQUIRED TO
228
00:05:51,233 --> 00:05:52,966
CLARIFY.
229
00:05:53,033 --> 00:05:54,333
AND THEN THERE WAS THIS.
230
00:05:54,400 --> 00:05:56,766
WE'RE GETTING A LOOK AT WHAT
231
00:05:56,833 --> 00:05:57,300
SOME ATHLETES WILL WEAR AT
232
00:05:57,366 --> 00:05:59,100
THE SUMMER OLYMPICS IN TOKYO.
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00:05:59,166 --> 00:06:00,533
RALPH LAUREN UNVEILED THESE
234
00:06:00,600 --> 00:06:02,433
UNIFORMS FOR TEAM USA.
235
00:06:02,500 --> 00:06:05,466
THIS ENSEMBLE WILL BE WORN
236
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DURING THE CLOSING CEREMONY AND,
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OKAY, I'M JUST GOING TO
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THAT IS A TERRIBLE
239
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OUTFIT.
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THEY LOOK LIKE THE CAST OF
241
00:06:10,900 --> 00:06:12,076
A CBS SCI-FI DRAMA THAT NO ONE'S
242
00:06:12,100 --> 00:06:12,766
EVER HEARD OF DESPITE BEING ON
243
00:06:12,833 --> 00:06:13,966
THE AIR FOR 16 SEASONS.
244
00:06:14,033 --> 00:06:15,500
ALSO, WHY IS THE U.S. OLYMPIC
245
00:06:15,566 --> 00:06:17,000
TEAM ALWAYS OUTFITTED BY
246
00:06:17,066 --> 00:06:18,700
RALPH LAUREN, WHICH HAS BEEN
247
00:06:18,766 --> 00:06:20,700
HANDLING IT SINCE 2008, AND HAS
248
00:06:20,766 --> 00:06:21,942
CONSISTENTLY PRODUCED SHIT LIKE
249
00:06:21,966 --> 00:06:25,566
THIS, THIS, AND THIS... AN
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00:06:25,633 --> 00:06:26,566
OUTFIT THAT DOESN'T SCREAM,
251
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"I'M GOING TO THE OLYMPICS!"
252
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SO MUCH AS IT SCREAMS,
253
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"YOU THINK I'M RICH NOW?
254
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WAIT TILL MY DAD DIES!"
255
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I'M JUST SAYING, IT IS A CHOICE
256
00:06:33,166 --> 00:06:34,433
TO TAKE A DIVERSE COUNTRY OF
257
00:06:34,500 --> 00:06:36,566
300-PLUS MILLION PEOPLE AND
258
00:06:36,633 --> 00:06:37,133
GO WITH THE AESTHETIC OF
259
00:06:37,200 --> 00:06:38,133
THE BAD GUY IN EVERY '80s
260
00:06:38,200 --> 00:06:40,633
FRAT COMEDY.
261
00:06:40,700 --> 00:06:42,733
ALTHOUGH TO BE FAIR, OUR OLYMPIC
262
00:06:42,800 --> 00:06:44,166
OUTFITS WEREN'T THE ONLY ONES
263
00:06:44,233 --> 00:06:45,533
GRABBING ATTENTION THIS WEEK.
264
00:06:45,600 --> 00:06:46,366
HERE'S THE TEAM CANADA
265
00:06:46,433 --> 00:06:47,733
UNIFORM.
266
00:06:47,800 --> 00:06:49,166
OKAY.
267
00:06:49,233 --> 00:06:50,800
I LOVE IT.
268
00:06:50,866 --> 00:06:52,000
YOU LOVE IT?
269
00:06:52,066 --> 00:06:55,700
I DO LOVE IT.
270
00:06:55,766 --> 00:06:56,600
IT'S BILLED AS A TWIST ON
271
00:06:56,666 --> 00:06:58,266
THE ICONIC CANADIAN TUXEDO.
272
00:06:58,333 --> 00:07:01,200
OKAY, THAT JACKET IS
273
00:07:01,266 --> 00:07:02,066
STRAIGHT GARBAGE.
274
00:07:02,133 --> 00:07:03,173
IT LOOKS LIKE JAY LENO GOT
275
00:07:03,233 --> 00:07:04,273
TAGGED BY A STREET GANG OF
276
00:07:04,300 --> 00:07:09,500
EIGHT-YEAR-OLD GIRLS.
277
00:07:09,566 --> 00:07:10,806
AND THAT JACKET MIGHT LOOK GOOD
278
00:07:10,833 --> 00:07:11,200
ON ONE PERSON.
279
00:07:11,266 --> 00:07:12,376
THE PROBLEM IS, ON A GROUP OF
280
00:07:12,400 --> 00:07:13,542
HUNDREDS, THEY'RE ALL GOING TO
281
00:07:13,566 --> 00:07:14,033
LOOK LIKE A HIGH SCHOOL
282
00:07:14,100 --> 00:07:14,666
PRODUCTION OF CANADIAN "GREASE."
283
00:07:14,733 --> 00:07:16,333
ALTHOUGH I WILL SAY,
284
00:07:16,400 --> 00:07:17,333
I'VE ALWAYS FELT IT'S WRONG THAT
285
00:07:17,400 --> 00:07:18,566
"CANADIAN TUXEDO" REFERS TO
286
00:07:18,633 --> 00:07:20,066
HEAD-TO-TOE DENIM, AND NOT
287
00:07:20,133 --> 00:07:22,866
FORMALWEAR SPECIFICALLY DESIGNED
288
00:07:22,933 --> 00:07:24,266
FOR A FANCY MOOSE.
289
00:07:24,333 --> 00:07:25,376
THIS BIG BOY KNOWS WHAT'S UP.
290
00:07:25,400 --> 00:07:27,333
BLAST ME, KING.
291
00:07:27,400 --> 00:07:28,633
AND IF THAT WASN'T ALREADY FUN
292
00:07:28,700 --> 00:07:30,466
ENOUGH NEWS FROM CANADA THIS
293
00:07:30,533 --> 00:07:32,100
WEEK, THERE WAS ALSO THIS:
294
00:07:32,166 --> 00:07:32,766
THIS IS A MEMBER OF THE
295
00:07:32,833 --> 00:07:34,100
CANADIAN PARLIAMENT WHO WAS
296
00:07:34,166 --> 00:07:35,166
CAUGHT NAKED...
297
00:07:36,900 --> 00:07:38,600
NAKED ON A VIRTUAL
298
00:07:38,666 --> 00:07:40,966
HOUSE OF COMMONS MEETING.
299
00:07:41,033 --> 00:07:44,133
HE HAS SINCE APOLOGIZED IN AN
300
00:07:44,200 --> 00:07:45,442
SAYING HE HAD BEEN CHANGING INTO
301
00:07:45,466 --> 00:07:46,966
HIS WORK CLOTHES AFTER GOING FOR
302
00:07:47,033 --> 00:07:47,500
A JOG.
303
00:07:47,566 --> 00:07:51,033
QUITE WHY HE DID THAT IN FRONT
304
00:07:51,100 --> 00:07:53,500
OF A CAMERA, I MEAN, WHO KNOWS.
305
00:07:54,033 --> 00:07:55,466
NOW, OBVIOUSLY,
306
00:07:55,533 --> 00:07:58,900
I FEEL TERRIBLE FOR THAT MAN.
307
00:07:58,966 --> 00:07:59,866
IT WAS CLEARLY A COMPLETE
308
00:07:59,933 --> 00:08:00,633
ACCIDENT.
309
00:08:00,700 --> 00:08:01,500
ALTHOUGH I WILL SAY, HE'S GOT
310
00:08:01,566 --> 00:08:03,933
ABSOLUTELY NOTHING TO BE
311
00:08:04,000 --> 00:08:04,333
ASHAMED OF THERE.
312
00:08:04,400 --> 00:08:04,900
HE'S KEEPIN' TIGHT AND HE'S
313
00:08:04,966 --> 00:08:05,800
KEEPIN' IT RIGHT.
314
00:08:05,866 --> 00:08:06,766
HE'S MAINTAINING WHILE THE REST
315
00:08:06,833 --> 00:08:07,400
OF US ARE GAINING.
316
00:08:07,466 --> 00:08:07,866
A JOG?
317
00:08:07,933 --> 00:08:08,733
IN THE MIDDLE OF THE WORK DAY?
318
00:08:08,800 --> 00:08:10,633
THAT IS HOT MALE BEHAVIOR.
319
00:08:10,700 --> 00:08:12,000
I HAVEN'T TAKEN A JOG
320
00:08:12,066 --> 00:08:12,766
IN THE MIDDLE OF A WORK DAY
321
00:08:12,833 --> 00:08:14,566
SINCE SEPTEMBER 11th.
322
00:08:14,633 --> 00:08:16,533
AND BY THE WAY, IF YOU THINK HE
323
00:08:16,600 --> 00:08:17,333
LOOKS GOOD WITH HIS CLOTHES OFF,
324
00:08:17,400 --> 00:08:17,900
WAIT TIL YOU SEE HIM WITH
325
00:08:17,966 --> 00:08:18,833
CLOTHES ON.
326
00:08:18,900 --> 00:08:20,866
HEY, CANADA!
327
00:08:20,933 --> 00:08:22,100
CHECK YOUR CARBON EMISSIONS,
328
00:08:22,166 --> 00:08:23,242
BECAUSE THERE'S A MASSIVE SMOKE
329
00:08:23,266 --> 00:08:25,666
STACK IN YOUR PARLIAMENT.
330
00:08:25,733 --> 00:08:28,433
AND I HAVE TO SAY, IT'S TRULY
331
00:08:28,500 --> 00:08:29,733
DELIGHTFUL WATCHING A NEWS
332
00:08:29,800 --> 00:08:32,266
PACKAGE THAT'S JUST "TIMID MAN
333
00:08:32,333 --> 00:08:32,900
POLITELY GIGGLES OVER PHOTO OF
334
00:08:32,966 --> 00:08:33,533
NAKED PALE GUY," OR AS IT'S MORE
335
00:08:33,600 --> 00:08:34,200
"HARD CORE
336
00:08:34,266 --> 00:08:37,866
CANADIAN PORN."
337
00:08:37,933 --> 00:08:39,866
AND AS IF THIS STORY COULDN'T
338
00:08:39,933 --> 00:08:40,833
GET ANY BETTER, JUST WATCH HIS
339
00:08:40,900 --> 00:08:42,109
FELLOW M.P. ADDRESS THE INCIDENT
340
00:08:42,133 --> 00:08:43,900
IN THE MOST EXCEEDINGLY TACTFUL
341
00:08:43,966 --> 00:08:45,833
WAY.
342
00:08:45,900 --> 00:08:48,966
WE'VE SEEN A MEMBER DURING
343
00:08:49,033 --> 00:08:51,433
QUESTION PERIOD IMPROPERLY
344
00:08:51,500 --> 00:08:53,766
DRESSED... THAT IS, UNCLOTHED.
345
00:08:53,833 --> 00:08:56,800
WE HAVE SEEN THAT THE MEMBER WAS
346
00:08:56,866 --> 00:08:58,733
IN VERY GOOD SHAPE, BUT I THINK
347
00:08:58,800 --> 00:09:00,566
THAT THIS MEMBER SHOULD BE
348
00:09:00,633 --> 00:09:01,809
REMINDED OF WHAT IS APPROPRIATE
349
00:09:01,833 --> 00:09:02,733
AND TO CONTROL HIS CAMERA.
350
00:09:02,800 --> 00:09:04,800
THANK YOU.
351
00:09:04,866 --> 00:09:06,066
THAT IS AN AGGRESSIVELY
352
00:09:06,133 --> 00:09:07,933
CANADIAN RESPONSE.
353
00:09:08,000 --> 00:09:09,233
SAY WHAT YOU WILL ABOUT
354
00:09:09,300 --> 00:09:10,766
CANADIANS... AND THESE OUTFITS
355
00:09:10,833 --> 00:09:12,900
SAY MORE THAN ANYONE EVER COULD
356
00:09:12,966 --> 00:09:13,833
...BUT ONE THING YOU CAN'T
357
00:09:13,900 --> 00:09:15,266
ACCUSE THEM OF IS BEING
358
00:09:15,333 --> 00:09:16,493
IMPOLITE, EVEN IN THE FACE OF
359
00:09:16,533 --> 00:09:22,466
UNREQUESTED NUDITY.
360
00:09:22,533 --> 00:09:23,813
AND WHILE I AM REALLY SORRY THAT
361
00:09:23,866 --> 00:09:24,733
HAPPENED TO THIS GUY, WHO SEEMS
362
00:09:24,800 --> 00:09:27,700
TO HAVE WEATHERED THE INCIDENT
363
00:09:27,766 --> 00:09:29,000
WITH GOOD GRACE, I HONESTLY
364
00:09:29,066 --> 00:09:29,833
NEEDED THIS STORY THIS WEEK.
365
00:09:29,900 --> 00:09:30,976
AND I APOLOGIZE FOR THE FACT
366
00:09:31,000 --> 00:09:31,800
THAT DESPITE THIS BEING ENTIRELY
367
00:09:31,866 --> 00:09:32,466
COMPLIMENTARY, "THE DAILY BEAST"
368
00:09:32,533 --> 00:09:33,400
WILL UNDENIABLY WRITE IT UP
369
00:09:33,466 --> 00:09:35,266
TOMORROW WITH THE HEADLINE,
370
00:09:35,333 --> 00:09:36,233
"JOHN OLIVER EVISCERATES THIS
371
00:09:36,300 --> 00:09:38,933
CANADIAN'S HOG."
372
00:09:39,000 --> 00:09:40,400
THE POINT IS, A BUNCH OF FUN,
373
00:09:40,466 --> 00:09:42,033
WEIRD SHIT HAPPENED THIS WEEK!
374
00:09:42,100 --> 00:09:44,200
AND WE WANTED TO GIVE YOU A
375
00:09:44,266 --> 00:09:45,566
CHANCE TO LAUGH AT IT, TO GIVE
376
00:09:45,633 --> 00:09:46,966
YOU JUST A BREATH AT THE END OF
377
00:09:47,033 --> 00:09:48,400
A TRULY DEMORALIZING WEEK.
378
00:09:48,466 --> 00:09:49,966
SO IF YOU NEEDED A BREAK,
379
00:09:50,033 --> 00:09:52,266
I REALLY HOPE THAT GAVE YOU ONE.
380
00:09:52,333 --> 00:09:54,233
AND IF YOU DIDN'T NEED A BREAK,
381
00:09:54,300 --> 00:09:55,309
MAYBE ASK YOURSELF WHY THE FUCK
382
00:09:55,333 --> 00:09:56,400
NOT, AND THINK ABOUT THAT
383
00:09:56,466 --> 00:09:58,033
FOR A WHILE.
384
00:09:58,100 --> 00:10:01,066
BECAUSE THE FACT IS, IT'S ONCE
385
00:10:01,133 --> 00:10:02,966
AGAIN MADE PAINFULLY CLEAR THAT
386
00:10:03,033 --> 00:10:04,500
WE... AND WHEN I SAY "WE," I
387
00:10:04,566 --> 00:10:06,100
MEAN WHITE AMERICA... HAVE TO
388
00:10:06,166 --> 00:10:08,200
STOP TALKING ABOUT FUNDAMENTAL
389
00:10:08,266 --> 00:10:09,533
CHANGE IN POLICING AND ACTUALLY
390
00:10:09,600 --> 00:10:10,733
MAKE IT HAPPEN.
391
00:10:10,800 --> 00:10:12,400
BECAUSE THIS CYCLE OF STATE
392
00:10:12,466 --> 00:10:13,700
VIOLENCE AGAINST BLACK LIVES
393
00:10:13,766 --> 00:10:15,933
HAS TO BE STOPPED.
394
00:10:16,000 --> 00:10:17,042
SO PUT ON YOUR SHOES, LEAVE THE
395
00:10:17,066 --> 00:10:20,333
HOUSE, MARCH IN THE STREETS, AND
396
00:10:20,400 --> 00:10:21,700
DEMAND A BETTER COUNTRY, ONE IN
397
00:10:21,766 --> 00:10:23,700
WHICH BLACK PEOPLE ARE TREATED
398
00:10:23,766 --> 00:10:25,800
WITH FUNDAMENTAL RESPECT, AND
399
00:10:25,866 --> 00:10:27,233
ONE IN WHICH THE BIG NEWS OF
400
00:10:27,300 --> 00:10:28,800
THE WEEK GENUINELY COULD BE
401
00:10:28,866 --> 00:10:29,600
"IMPRACTICALLY LARGE RABBIT GOES
402
00:10:29,666 --> 00:10:30,533
MISSING."
403
00:10:30,600 --> 00:10:32,200
AND NOW, THIS.
404
00:10:32,500 --> 00:10:36,033
AND NOW...
405
00:10:36,100 --> 00:10:38,100
THE COMMERCIALS ON FOX NEWS IN
406
00:10:38,166 --> 00:10:40,833
THE MIDDLE OF THE NIGHT OF
407
00:10:40,900 --> 00:10:42,900
EXACTLY WHO THEY ARE TALKING TO.
408
00:10:42,966 --> 00:10:47,800
MEN OVER 45, DO YOU HAVE A
409
00:10:47,866 --> 00:10:53,466
FREQUENT, URGENT NEED TO
410
00:10:53,533 --> 00:10:53,733
URINATE?
411
00:10:53,800 --> 00:10:56,733
REDUCE YOUR URGES TO EARN
412
00:10:56,800 --> 00:10:57,800
SPEETWO URINATE.
413
00:10:57,933 --> 00:10:59,833
GUYS, ARE YOU DONE WITH 2020?
414
00:10:59,900 --> 00:11:01,900
ALL THE BAGGAGE THAT CAME ALONG
415
00:11:01,966 --> 00:11:03,033
WITH IT?
416
00:11:03,100 --> 00:11:04,666
GUYS, WHAT HAPPENED TO YOU?
417
00:11:04,733 --> 00:11:05,900
YOU CAN'T GET IT BACK.
418
00:11:05,966 --> 00:11:08,833
AS WE GET OLDER, WE ALL LOSE
419
00:11:08,900 --> 00:11:09,166
TESTOSTERONE.
420
00:11:09,233 --> 00:11:12,233
GUYS, GOT HAIR LOSS?
421
00:11:12,300 --> 00:11:13,900
GUYS, TIRED OF FREQUENT
422
00:11:13,966 --> 00:11:14,533
NIGHTTIME BATHROOM TRIPS?
423
00:11:14,600 --> 00:11:16,766
GUYS, IT'S THAT TIME AND
424
00:11:16,833 --> 00:11:18,000
NOTHING IS HAPPENING.
425
00:11:18,066 --> 00:11:18,966
GUYS.
426
00:11:19,033 --> 00:11:19,200
GUYS.
427
00:11:19,266 --> 00:11:23,600
GUYS, WAKING UP OVER AND OVER
428
00:11:23,666 --> 00:11:24,666
TO URINATE IS NOT OKAY.
429
00:11:25,966 --> 00:11:27,566
MOVING ON.
430
00:11:27,633 --> 00:11:28,466
OUR MAIN STORY TONIGHT CONCERNS
431
00:11:28,533 --> 00:11:29,066
BANKRUPTCY.
432
00:11:29,133 --> 00:11:30,500
YOU PROBABLY KNOW IT FROM BEING
433
00:11:30,566 --> 00:11:31,400
THE WORST POSSIBLE OUTCOME ON
434
00:11:31,466 --> 00:11:32,833
"WHEEL OF FORTUNE," ASIDE FROM
435
00:11:32,900 --> 00:11:34,366
HUGGING PAT SAJAK OR WINNING A
436
00:11:34,433 --> 00:11:35,700
MITSUBISHI MIRAGE.
437
00:11:35,766 --> 00:11:36,666
OR MAYBE YOU'RE FAMILIAR WITH IT
438
00:11:36,733 --> 00:11:38,033
THROUGH ADS FOR BANKRUPTCY
439
00:11:38,100 --> 00:11:39,166
LAWYERS LIKE THIS:
440
00:11:39,233 --> 00:11:40,666
ONCE UPON A TIME THERE WAS
441
00:11:40,733 --> 00:11:42,733
A FAIR MAIDEN NAMED MARY.
442
00:11:42,800 --> 00:11:44,733
MARY LIVED A STORYBOOK LIFE
443
00:11:44,800 --> 00:11:47,000
UNTIL HER PRINCE CHARMING WAS
444
00:11:47,066 --> 00:11:48,733
SMASHED FROM HIS STEED, THEN HER
445
00:11:48,800 --> 00:11:51,266
CASTLE CAME UNDER SIEGE AND THE
446
00:11:51,333 --> 00:11:53,533
CRIES OF ASSAULT WERE VEXING.
447
00:11:53,600 --> 00:11:56,000
HER CHAMPION HAD BEEN GRAVELY
448
00:11:56,066 --> 00:11:57,300
INJURED AND A POX HAD FALLEN
449
00:11:57,366 --> 00:11:59,933
UPON HER HOUSE.
450
00:12:00,000 --> 00:12:01,500
I'VE HELPED THOUSANDS OF
451
00:12:01,566 --> 00:12:03,300
CLIENTS LIKE MARY AND I COULD
452
00:12:03,366 --> 00:12:03,900
PROBABLY HELP YOU GET A FRESH
453
00:12:03,966 --> 00:12:06,000
START.
454
00:12:06,066 --> 00:12:07,733
WOW, THERE IS A LOT
455
00:12:07,800 --> 00:12:09,100
THERE, FROM AN UNMARKED VAN
456
00:12:09,166 --> 00:12:11,766
FULLY "MEAN GIRLS" -ING MARY'S
457
00:12:11,833 --> 00:12:12,400
HUSBAND, TO HIM SURVIVING WITH
458
00:12:12,466 --> 00:12:13,033
WHAT APPEAR TO BE SURPRISINGLY
459
00:12:13,100 --> 00:12:14,466
MINOR INJURIES, TO THAT LAWYER
460
00:12:14,533 --> 00:12:16,533
CLAIMING HE'S HELPED THOUSANDS
461
00:12:16,600 --> 00:12:17,133
OF CLIENTS LIKE MARY.
462
00:12:17,200 --> 00:12:18,466
MEANING THAT IN THE CHATTANOOGA
463
00:12:18,533 --> 00:12:20,100
AREA, THERE ARE THOUSANDS OF
464
00:12:20,166 --> 00:12:21,566
WOMEN WHO'VE WATCHED THEIR
465
00:12:21,633 --> 00:12:23,666
HUSBAND GET SHIT STOMPED BY
466
00:12:23,733 --> 00:12:25,300
A CARGO VAN, AND TAKE WHAT CAN
467
00:12:25,366 --> 00:12:26,300
ONLY BE DESCRIBED AS A GATLING
468
00:12:26,366 --> 00:12:29,166
GUN OF MAIL TO THE FACE.
469
00:12:29,233 --> 00:12:29,833
IF THAT IS TRUE, THEY'VE GOT
470
00:12:29,900 --> 00:12:31,033
A WAY MORE LUCRATIVE LAWSUIT
471
00:12:31,100 --> 00:12:32,400
THAN A BANKRUPTCY CASE.
472
00:12:32,466 --> 00:12:34,966
WHAT THAT AD IS PROMISING IS
473
00:12:35,033 --> 00:12:36,266
ATTRACTIVE, THOUGH: A FRESH
474
00:12:36,333 --> 00:12:37,733
START FROM YOUR DEBTS.
475
00:12:37,800 --> 00:12:40,233
AND IT'S SOMETHING A LOT OF
476
00:12:40,300 --> 00:12:40,700
PEOPLE HAVE TURNED TO.
477
00:12:40,766 --> 00:12:41,666
OVER THE PAST DECADE, THE NUMBER
478
00:12:41,733 --> 00:12:44,100
OF PERSONAL BANKRUPTCIES FILED
479
00:12:44,166 --> 00:12:44,733
EACH YEAR HAS RANGED FROM ABOUT
480
00:12:44,800 --> 00:12:47,500
800,000 TO 1.5 MILLION.
481
00:12:47,566 --> 00:12:48,866
AND MANY WORRY THAT ONCE
482
00:12:48,933 --> 00:12:50,666
THE CURRENT PANDEMIC ASSISTANCE
483
00:12:50,733 --> 00:12:53,133
STOPS, MORE AND MORE WILL NEED
484
00:12:53,200 --> 00:12:54,866
THE TYPE OF HELP THAT BANKRUPTCY
485
00:12:54,933 --> 00:12:56,133
OFFERS.
486
00:12:56,200 --> 00:12:57,766
BECAUSE VERY BASICALLY,
487
00:12:57,833 --> 00:13:03,900
BANKRUPTCY IS A LEGAL PROCEDURE
488
00:13:03,966 --> 00:13:06,333
BY WHICH THOSE WHO ARE DEEPLY
489
00:13:06,400 --> 00:13:12,066
WEIGHTED DOWN BY
490
00:13:12,133 --> 00:13:12,933
DEBTS CAN GET OUT FROM
491
00:13:13,000 --> 00:13:13,866
UNDERNEATH THEM AND THEN START
492
00:13:13,933 --> 00:13:14,633
ANEW.
493
00:13:14,700 --> 00:13:15,600
WHICH IS GOOD!
494
00:13:15,666 --> 00:13:16,833
ALTHOUGH IT COMES WITH SOME
495
00:13:16,900 --> 00:13:18,180
CONSEQUENCES... IT'LL BE ON YOUR
496
00:13:18,233 --> 00:13:18,800
CREDIT REPORT, AND THERE TENDS
497
00:13:18,866 --> 00:13:19,466
TO BE SOME SOCIAL STIGMA
498
00:13:19,533 --> 00:13:20,542
ATTACHED, AS EXEMPLIFIED IN THIS
499
00:13:20,566 --> 00:13:21,033
CLIP FROM "SHARK TANK."
500
00:13:21,100 --> 00:13:21,900
JEFF, I UNDERSTAND YOUR
501
00:13:21,966 --> 00:13:23,166
DECISION TO GO BANKRUPT,
502
00:13:23,233 --> 00:13:23,833
CLEANS THE SLATE, BUT IT CARRIES
503
00:13:23,900 --> 00:13:25,266
A WEIGHT.
504
00:13:25,333 --> 00:13:26,200
YOU'LL NEVER HAVE A BANK,
505
00:13:26,266 --> 00:13:26,733
JEFF.
506
00:13:26,800 --> 00:13:27,733
EVER.
507
00:13:27,800 --> 00:13:33,333
TO ME, YOU'RE RADIOACTIVE.
508
00:13:33,400 --> 00:13:34,700
THERE ARE A MILLION PEOPLE
509
00:13:34,766 --> 00:13:35,533
OUT THERE WHO ARE GOING TO GET
510
00:13:35,600 --> 00:13:36,100
THE WRONG MESSAGE FROM WHAT
511
00:13:36,166 --> 00:13:36,400
YOU'RE SAYING.
512
00:13:36,466 --> 00:13:37,609
NO, THEY'RE GETTING THE RIGHT
513
00:13:37,633 --> 00:13:38,300
MESSAGE.
514
00:13:38,366 --> 00:13:41,033
THEY SHOULD NOT GO BANKRUPT.
515
00:13:41,100 --> 00:13:44,766
WELL, HOLD ON.
516
00:13:44,833 --> 00:13:45,400
BECAUSE THAT IS A TERRIBLE
517
00:13:45,466 --> 00:13:45,933
LESSON.
518
00:13:46,000 --> 00:13:46,666
AND YOU, KEVIN O'LEARY, ARE
519
00:13:46,733 --> 00:13:47,633
HARDLY ONE TO BE CALLING
520
00:13:47,700 --> 00:13:48,966
SOMEONE'S DECISIONS
521
00:13:49,033 --> 00:13:52,100
"RADIOACTIVE," GIVEN YOU
522
00:13:52,166 --> 00:13:56,633
INVESTED IN COMPANIES WITH
523
00:13:56,700 --> 00:13:57,233
BUSINESS MODELS LIKE:
524
00:13:57,300 --> 00:13:58,533
PUT YOUR FACE ON A POTATO,
525
00:13:58,600 --> 00:13:59,233
LOOK LIKE AN IDIOT
526
00:13:59,300 --> 00:14:00,233
ON A UNICYCLE, AND TOYGAROO,
527
00:14:00,300 --> 00:14:00,800
THE NETFLIX FOR TOYS, WHOSE
528
00:14:00,866 --> 00:14:02,042
MASCOT ALWAYS LOOKED LIKE IT WAS
529
00:14:02,066 --> 00:14:02,833
SEARCHING FOR A PLACE TO TAKE A
530
00:14:02,900 --> 00:14:03,300
SHIT.
531
00:14:03,366 --> 00:14:04,633
AND WHICH, INTERESTINGLY, FILED
532
00:14:04,700 --> 00:14:05,133
FOR FUCKING BANKRUPTCY.
533
00:14:05,200 --> 00:14:06,376
SO I'M SORRY, KEVIN, BUT TO ME,
534
00:14:06,400 --> 00:14:06,933
THAT MAKES YOU RADIOACTIVE.
535
00:14:07,000 --> 00:14:07,633
I'M OUT!
536
00:14:07,700 --> 00:14:08,833
BUT THAT BROAD-BRUSH
537
00:14:08,900 --> 00:14:10,066
STIGMATIZATION IS COMMON AND
538
00:14:10,133 --> 00:14:12,666
COMPLETELY MISGUIDED.
539
00:14:12,733 --> 00:14:14,833
BECAUSE BANKRUPTCY IS NOT SOLELY
540
00:14:14,900 --> 00:14:17,166
CAUSED BY BAD DECISIONS, IT'S
541
00:14:17,233 --> 00:14:18,633
OFTEN CAUSED BY BAD LUCK:
542
00:14:18,700 --> 00:14:19,566
UNAVOIDABLE CHALLENGES
543
00:14:19,633 --> 00:14:21,200
LIKE JOB LOSS, DIVORCE, SURPRISE
544
00:14:21,266 --> 00:14:22,833
MEDICAL BILLS, OR PERHAPS EVEN
545
00:14:22,900 --> 00:14:24,333
...Y'KNOW... A ONCE IN A CENTURY
546
00:14:24,400 --> 00:14:26,033
GLOBAL PANDEMIC.
547
00:14:26,100 --> 00:14:27,866
AND DESPITE BANKRUPTCY OFTEN
548
00:14:27,933 --> 00:14:28,933
BEING CHARACTERIZED AS AN
549
00:14:29,000 --> 00:14:31,433
"EASY OUT," THE WAY IT'S
550
00:14:31,500 --> 00:14:32,509
CURRENTLY SET UP, IT'S SOMETIMES
551
00:14:32,533 --> 00:14:33,300
NOT AN "OUT" AT ALL, AS THIS
552
00:14:33,366 --> 00:14:35,033
COUPLE LEARNED.
553
00:14:35,100 --> 00:14:36,733
BEFORE YOU'RE DONE AND OVER
554
00:14:36,800 --> 00:14:37,466
WITH, YOU'RE DEFINITELY LOOKING
555
00:14:37,533 --> 00:14:39,500
TO SPEND AT LEAST $1,000 TO
556
00:14:39,566 --> 00:14:42,133
FILE... TO CLAIM BANKRUPTCY.
557
00:14:42,200 --> 00:14:44,766
WE DON'T HAVE $1,000.
558
00:14:44,833 --> 00:14:46,500
ARE YOU TELLING ME YOU CAN'T
559
00:14:46,566 --> 00:14:47,600
AFFORD...
560
00:14:47,666 --> 00:14:48,433
WE CAN'T AFFORD TO GO
561
00:14:48,500 --> 00:14:49,500
BANKRUPT.
562
00:14:49,533 --> 00:14:50,800
WE CAN'T, CORRECT.
563
00:14:50,866 --> 00:14:53,400
YET, WE'RE $50,000 IN DEBT.
564
00:14:53,466 --> 00:14:54,566
SO, WHAT DO WE DO?
565
00:14:54,633 --> 00:14:56,233
YEAH, A LOT OF PEOPLE
566
00:14:56,300 --> 00:14:58,466
CAN'T AFFORD TO GO BANKRUPT.
567
00:14:58,533 --> 00:14:59,700
A TRUE SENTENCE THAT
568
00:14:59,766 --> 00:15:01,966
FUNDAMENTALLY DOESN'T MAKE
569
00:15:02,033 --> 00:15:03,900
SENSE, LIKE "SONIC DRIVE-INS
570
00:15:03,966 --> 00:15:05,666
ADVERTISE IN CITIES WHERE THERE
571
00:15:05,733 --> 00:15:07,000
ARE NO SONIC LOCATIONS" OR
572
00:15:07,066 --> 00:15:07,700
THE SEQUEL TO "NOW YOU SEE ME"
573
00:15:07,766 --> 00:15:09,766
WASN'T CALLED "NOW YOU DON'T,"
574
00:15:09,833 --> 00:15:10,733
OR ELON MUSK DOESN'T FUCK HIS
575
00:15:10,800 --> 00:15:13,333
CARS.
576
00:15:13,400 --> 00:15:16,133
I MEAN, COME ON, THAT'S THE
577
00:15:16,200 --> 00:15:18,066
FACE OF A MAN WHO'S AT THE VERY
578
00:15:18,133 --> 00:15:18,900
LEAST MEASURED THE CIRCUMFERENCE
579
00:15:18,966 --> 00:15:19,366
OF THE CHARGING POINT.
580
00:15:19,433 --> 00:15:20,442
SO GIVEN ALL THAT, TONIGHT,
581
00:15:20,466 --> 00:15:21,233
LET'S TAKE A LOOK AT PERSONAL
582
00:15:21,300 --> 00:15:23,833
BANKRUPTCY.
583
00:15:23,900 --> 00:15:25,000
OUR MODERN BANKRUPTCY CODE
584
00:15:25,066 --> 00:15:26,866
WAS ENACTED IN 1978...
585
00:15:26,933 --> 00:15:27,976
INTERESTINGLY, AROUND THE SAME
586
00:15:28,000 --> 00:15:28,900
TIME THAT THE CREDIT CARD
587
00:15:28,966 --> 00:15:30,176
INDUSTRY BEGAN TO ENJOY A PERIOD
588
00:15:30,200 --> 00:15:32,100
OF STEADY DEREGULATION.
589
00:15:32,166 --> 00:15:34,700
WHICH WORKED OUT VERY WELL FOR
590
00:15:34,766 --> 00:15:36,300
THEM, BECAUSE THEY MARKETED
591
00:15:36,366 --> 00:15:38,000
THEMSELVES AGGRESSIVELY, AND
592
00:15:38,066 --> 00:15:39,400
DURING THIS TIME, CONSUMER DEBT
593
00:15:39,466 --> 00:15:40,800
BEGAN TO SHARPLY RISE.
594
00:15:40,866 --> 00:15:42,933
AND WHAT THE INDUSTRY CLEARLY
595
00:15:43,000 --> 00:15:44,200
WANTED WAS PEOPLE STUCK IN A
596
00:15:44,266 --> 00:15:45,833
LUCRATIVE CYCLE OF MINIMUM
597
00:15:45,900 --> 00:15:46,600
PAYMENTS, LATE FEES, AND
598
00:15:46,666 --> 00:15:49,033
INTEREST HIKES.
599
00:15:49,100 --> 00:15:51,500
WHAT THEY DIDN'T WANT SPOILING
600
00:15:51,566 --> 00:15:52,066
THAT WAS PEOPLE CUTTING THAT
601
00:15:52,133 --> 00:15:52,733
CYCLE SHORT THROUGH BANKRUPTCY.
602
00:15:52,800 --> 00:15:55,900
SO BY THE LATE '90s,
603
00:15:55,966 --> 00:15:56,533
THEY WERE LOBBYING SENATORS LIKE
604
00:15:56,600 --> 00:15:57,333
CHUCK GRASSLEY HARD TO CURB WHAT
605
00:15:57,400 --> 00:16:00,500
THEY FRAMED AS "BANKRUPTCY
606
00:16:00,566 --> 00:16:01,433
ABUSE."
607
00:16:01,500 --> 00:16:03,800
BASICALLY ARGUING THAT PEOPLE
608
00:16:03,866 --> 00:16:04,366
WHO CAN "AFFORD" TO PAY WERE
609
00:16:04,433 --> 00:16:05,300
USING BANKRUPTCY AS AN EASY WAY
610
00:16:05,400 --> 00:16:07,000
TO NOT PAY BILLS AND PASS THE
611
00:16:07,066 --> 00:16:11,933
COSTS ON TO THE REST OF US.
612
00:16:12,000 --> 00:16:14,866
AND GRASSLEY SEEMED MORE THAN
613
00:16:14,933 --> 00:16:15,500
HAPPY TO REPEAT SOME OF THEIR
614
00:16:15,566 --> 00:16:15,866
TALKING POINTS.
615
00:16:15,933 --> 00:16:16,733
THERE'S NOT A SINGLE FAMILY
616
00:16:16,800 --> 00:16:17,842
IN AMERICA... LOW INCOME OR HIGH
617
00:16:17,866 --> 00:16:20,133
INCOME... THAT IS NOT PAYING
618
00:16:20,200 --> 00:16:22,500
PART OF THE COST OF BANKRUPTCY.
619
00:16:22,566 --> 00:16:24,666
$40 BILLION COST TO THE ECONOMY
620
00:16:24,733 --> 00:16:26,033
EVERY YEAR.
621
00:16:26,100 --> 00:16:28,633
$400 FOR A FAMILY OF FOUR.
622
00:16:28,700 --> 00:16:30,566
WOW.
623
00:16:30,633 --> 00:16:32,000
THE AVERAGE FAMILY PAYS $400
624
00:16:32,066 --> 00:16:33,200
A YEAR BECAUSE DEADBEATS
625
00:16:33,266 --> 00:16:35,166
ABUSE THE SYSTEM.
626
00:16:35,233 --> 00:16:36,733
GRASSLEY DROPPED THAT SHOCKING
627
00:16:36,800 --> 00:16:38,266
"FACT" WITH THE CONFIDENCE OF
628
00:16:38,333 --> 00:16:39,442
A MAN WHO'D LATER TWEET FROM HIS
629
00:16:39,466 --> 00:16:40,700
GOVERNMENT ACCOUNT,
630
00:16:40,766 --> 00:16:42,033
"WINDSOR HEIGHTS DAIRY QUEEN IS
631
00:16:42,100 --> 00:16:44,066
GOOD PLACE FOR U KNO WHAT."
632
00:16:44,133 --> 00:16:46,333
THE THING IS, THAT $400 FIGURE
633
00:16:46,400 --> 00:16:48,200
IS TOTAL NONSENSE.
634
00:16:48,266 --> 00:16:49,466
NO ONE KNOWS FOR CERTAIN WHERE
635
00:16:49,500 --> 00:16:51,200
IT CAME FROM, AND DESPITE IT
636
00:16:51,266 --> 00:16:52,766
TURNING OUT TO BE DEMONSTRABLY
637
00:16:52,833 --> 00:16:54,500
FALSE, THE CREDIT CARD INDUSTRY
638
00:16:54,566 --> 00:16:55,800
PUSHED IT HARD, TO CREATE
639
00:16:55,866 --> 00:16:56,933
A NARRATIVE OF WIDESPREAD
640
00:16:57,000 --> 00:16:57,866
IRRESPONSIBILITY AND ABUSE
641
00:16:57,933 --> 00:17:00,300
AROUND BANKRUPTCY.
642
00:17:00,366 --> 00:17:02,400
BUT IT'S A LITTLE HARD TO TAKE
643
00:17:02,466 --> 00:17:04,200
MORAL GRANDSTANDING FROM CREDIT
644
00:17:04,266 --> 00:17:05,066
CARD COMPANIES, WHO WERE ALL
645
00:17:05,133 --> 00:17:07,066
TOO HAPPY TO HELP PEOPLE GET
646
00:17:07,133 --> 00:17:07,900
INTO SIGNIFICANT DEBT, EVEN IF
647
00:17:07,966 --> 00:17:09,166
THEY HAD JUST DECLARED
648
00:17:09,233 --> 00:17:11,533
BANKRUPTCY.
649
00:17:11,600 --> 00:17:12,800
BARELY OUT OF BANKRUPTCY
650
00:17:12,866 --> 00:17:14,666
COURT, JOAN BURNETT OPENED HER
651
00:17:14,733 --> 00:17:16,533
THE
652
00:17:16,600 --> 00:17:18,633
CHANCE FOR A SHINY NEW CREDIT
653
00:17:18,700 --> 00:17:21,400
CARD, THE FIRST OF MANY.
654
00:17:21,466 --> 00:17:24,800
IT LOOKED LIKE AN EASY $3,000
655
00:17:24,866 --> 00:17:26,400
AND I THINK I HUNG ON TO IT FOR
656
00:17:26,466 --> 00:17:27,542
A DAY, AND THEN I THOUGHT, "OH
657
00:17:27,566 --> 00:17:27,700
NO.
658
00:17:27,766 --> 00:17:28,433
YOU'RE NOT GOING TO BE THAT
659
00:17:28,500 --> 00:17:29,433
CRAZY."
660
00:17:29,500 --> 00:17:30,633
THE BANKS ARE GIVING OUT
661
00:17:30,700 --> 00:17:32,433
CREDIT WITH A RECKLESS DISREGARD
662
00:17:32,500 --> 00:17:34,000
FOR CONSUMERS' ABILITY TO
663
00:17:34,066 --> 00:17:35,900
REPAY.
664
00:17:35,966 --> 00:17:37,033
YEAH, THAT MAX WEINBERG
665
00:17:37,100 --> 00:17:39,300
IMPERSONATOR IS RIGHT.
666
00:17:39,366 --> 00:17:40,633
AND SO, BY THE WAY, WAS JOAN,
667
00:17:40,700 --> 00:17:41,809
WHOSE SELF-RESTRAINT I REALLY
668
00:17:41,833 --> 00:17:43,600
ADMIRE.
669
00:17:43,666 --> 00:17:45,300
IMAGINE THE EXPENDITURES I COULD
670
00:17:45,400 --> 00:17:46,966
HAVE AVOIDED BY SIMPLY SAYING,
671
00:17:47,033 --> 00:17:48,933
"NO, JOHN, YOU'RE NOT GOING TO
672
00:17:49,000 --> 00:17:51,066
BE THAT CRAZY, ASK YOURSELF,
673
00:17:51,133 --> 00:17:52,733
DO YOU REALLY NEED THIS ITEM?"
674
00:17:52,800 --> 00:17:54,600
BUT YEARS OF LOBBYING BY THE
675
00:17:54,666 --> 00:17:56,066
CREDIT CARD AND BANKING INDUSTRY
676
00:17:56,133 --> 00:17:56,833
ULTIMATELY RESULTED
677
00:17:56,900 --> 00:17:58,900
IN A HUGELY SIGNIFICANT 2005
678
00:17:58,966 --> 00:18:01,100
"BANKRUPTCY REFORM" BILL,
679
00:18:01,166 --> 00:18:03,000
WHICH MADE IT FAR MORE
680
00:18:03,066 --> 00:18:04,266
COMPLICATED TO FILE FOR
681
00:18:04,333 --> 00:18:05,442
BANKRUPTCY THAN IT PREVIOUSLY
682
00:18:05,466 --> 00:18:06,866
HAD BEEN... WHICH IN TURN MADE
683
00:18:06,933 --> 00:18:08,533
IT FAR MORE COSTLY, WHICH MEANT
684
00:18:08,600 --> 00:18:09,733
MANY PEOPLE ENDED UP IN A
685
00:18:09,800 --> 00:18:11,300
SITUATION WHERE THEY COULDN'T
686
00:18:11,366 --> 00:18:13,666
AFFORD TO GO BANKRUPT.
687
00:18:13,733 --> 00:18:15,466
AND TO UNDERSTAND OUR CURRENT
688
00:18:15,533 --> 00:18:17,066
SYSTEM, A KEY THING TO KNOW IS
689
00:18:17,133 --> 00:18:20,266
THERE IS NOT ONE MAIN KIND OF
690
00:18:20,333 --> 00:18:20,900
PERSONAL BANKRUPTCY, THERE ARE
691
00:18:20,966 --> 00:18:21,800
CHAPTER 7 AND
692
00:18:21,866 --> 00:18:23,733
CHAPTER 13.
693
00:18:23,800 --> 00:18:25,366
CHAPTER 7 IS WHAT YOU COMMONLY
694
00:18:25,433 --> 00:18:27,300
THINK OF AS BANKRUPTCY.
695
00:18:27,366 --> 00:18:28,933
YOUR DEBTS ARE MOSTLY WIPED OUT.
696
00:18:29,000 --> 00:18:30,766
AND WHILE YOU CAN HOLD ONTO A
697
00:18:30,833 --> 00:18:32,600
FEW ESSENTIAL ASSETS BELOW A
698
00:18:32,666 --> 00:18:34,566
CERTAIN THRESHOLD, THE REST CAN
699
00:18:34,633 --> 00:18:37,000
THEN BE SOLD TO PAY OFF
700
00:18:37,066 --> 00:18:37,766
YOUR CREDITORS.
701
00:18:37,833 --> 00:18:40,266
IT TAKES A FEW MONTHS TO
702
00:18:40,333 --> 00:18:41,766
COMPLETE, BUT THEN YOU GET YOUR
703
00:18:41,833 --> 00:18:42,842
CHANCE AT A "FRESH START."
704
00:18:42,866 --> 00:18:45,033
CHAPTER 13, HOWEVER, IS
705
00:18:45,100 --> 00:18:46,266
DIFFERENT.
706
00:18:46,333 --> 00:18:48,366
THAT IS MORE OF A REORGANIZATION
707
00:18:48,433 --> 00:18:48,600
OF DEBT.
708
00:18:48,666 --> 00:18:51,800
BASICALLY, YOUR FINANCES GET
709
00:18:51,866 --> 00:18:52,433
EXAMINED TO WORK OUT HOW MUCH
710
00:18:52,500 --> 00:18:53,200
YOU CAN AFFORD TO PAY INTO A
711
00:18:53,266 --> 00:18:53,933
REPAYMENT PLAN FOR THREE TO FIVE
712
00:18:54,000 --> 00:18:54,833
YEARS.
713
00:18:54,900 --> 00:18:56,180
AND IF YOU MAKE ALL THE PAYMENTS
714
00:18:56,233 --> 00:18:57,533
IN THAT PLAN, AT THE END OF IT,
715
00:18:57,600 --> 00:19:01,333
YOUR DEBTS DO GET DISCHARGED.
716
00:19:01,400 --> 00:19:02,866
AND THIS HAS ITS BENEFITS... YOU
717
00:19:02,933 --> 00:19:03,942
DON'T HAVE TO GIVE UP ASSETS
718
00:19:03,966 --> 00:19:05,066
LIKE A HOUSE OR A CAR.
719
00:19:05,133 --> 00:19:08,400
BUT... AND THIS IS A HUGE "BUT"
720
00:19:08,466 --> 00:19:09,933
...IF YOU MISS EVEN ONE PAYMENT,
721
00:19:10,000 --> 00:19:11,142
YOUR CASE COULD BE DISMISSED AND
722
00:19:11,166 --> 00:19:12,800
THE WHOLE DEAL IS OFF.
723
00:19:12,866 --> 00:19:14,033
YOU'RE ESSENTIALLY BACK AT
724
00:19:14,100 --> 00:19:15,866
SQUARE ONE.
725
00:19:15,933 --> 00:19:17,933
AND THE UNCOMFORTABLE FACT IS,
726
00:19:18,000 --> 00:19:20,166
THIS HAPPENS IN MOST CHAPTER 13
727
00:19:20,233 --> 00:19:21,242
CASES, BECAUSE ONLY ABOUT A
728
00:19:21,266 --> 00:19:22,500
THIRD ACTUALLY MAKE IT
729
00:19:22,566 --> 00:19:24,800
ALL THE WAY TO DISCHARGE.
730
00:19:24,866 --> 00:19:27,633
AND CHAPTER 13 IS ACTUALLY
731
00:19:27,700 --> 00:19:29,266
MUCH MORE EXPENSIVE TO FILE.
732
00:19:29,333 --> 00:19:32,966
BECAUSE WHILE ATTORNEYS CHARGE,
733
00:19:33,033 --> 00:19:34,466
ON AVERAGE, ABOUT $1300 TO FILE
734
00:19:34,533 --> 00:19:36,533
CHAPTER 7, FOR CHAPTER 13, THEY
735
00:19:36,600 --> 00:19:39,633
GENERALLY CHARGE ABOUT $3800.
736
00:19:39,700 --> 00:19:40,533
SO YOU MIGHT BE THINKING, IF
737
00:19:40,600 --> 00:19:41,266
CHAPTER 13 IS MORE COSTLY,
738
00:19:41,333 --> 00:19:42,900
MORE DIFFICULT, AND LESS LIKELY
739
00:19:42,966 --> 00:19:43,700
TO GET YOU A GENUINELY FRESH
740
00:19:43,766 --> 00:19:44,500
START, WHY WOULD ANYONE
741
00:19:44,566 --> 00:19:47,200
CHOOSE IT?
742
00:19:47,266 --> 00:19:48,566
WELL, FOR SOME, IT MIGHT BE
743
00:19:48,633 --> 00:19:49,900
THE RIGHT FIT... REMEMBER, IT
744
00:19:49,966 --> 00:19:52,300
GIVES YOU A CHANCE TO KEEP YOUR
745
00:19:52,366 --> 00:19:52,900
HOUSE, WHICH YOU MIGHT NEED TO
746
00:19:52,966 --> 00:19:54,009
LIVE IN, AND YOUR CAR, WHICH YOU
747
00:19:54,033 --> 00:19:56,600
MIGHT NEED TO WORK.
748
00:19:56,666 --> 00:19:58,433
BUT FOR MANY, MANY MORE, CHAPTER
749
00:19:58,500 --> 00:20:00,533
13... DESPITE COSTING THREE
750
00:20:00,600 --> 00:20:01,266
TIMES AS MUCH IN THE LONG TERM
751
00:20:01,333 --> 00:20:02,766
...CAN ACTUALLY SEEM LIKE THE
752
00:20:02,833 --> 00:20:04,133
BETTER FINANCIAL OPTION WHEN
753
00:20:04,200 --> 00:20:05,766
YOU FILE.
754
00:20:05,833 --> 00:20:07,433
BECAUSE CHAPTER 7 GENERALLY
755
00:20:07,500 --> 00:20:08,700
REQUIRES YOU TO PAY LAWYERS UP
756
00:20:08,766 --> 00:20:09,566
FRONT.
757
00:20:09,633 --> 00:20:11,833
WHEREAS CHAPTER 13 CAN BE
758
00:20:11,900 --> 00:20:12,942
DIFFERENT, AS LAW FIRMS CAN BE
759
00:20:12,966 --> 00:20:15,266
EAGER TO POINT OUT.
760
00:20:15,333 --> 00:20:16,633
IS DEBT CONSTANTLY ON YOUR
761
00:20:16,700 --> 00:20:17,766
MIND?
762
00:20:17,833 --> 00:20:18,942
ARE YOU LOOKING TO GET A FRESH
763
00:20:18,966 --> 00:20:20,300
START FINANCIALLY?
764
00:20:20,366 --> 00:20:21,533
THEN CALL THE BANKRUPTCY
765
00:20:21,600 --> 00:20:22,500
ATTORNEYS AT WOOTTON & WOOTTON.
766
00:20:22,566 --> 00:20:24,100
WE EVEN OFFER A NO MONEY DOWN
767
00:20:24,166 --> 00:20:26,200
CHAPTER 13 PLAN.
768
00:20:26,266 --> 00:20:27,833
OKAY, FIRST, GET THE
769
00:20:27,900 --> 00:20:29,300
FUCK OUT OF MY VOID, WOOTTON!
770
00:20:29,366 --> 00:20:31,466
I KNOW I DON'T TECHNICALLY OWN
771
00:20:31,533 --> 00:20:32,100
THE CONCEPT OF SAD, WHITE
772
00:20:32,166 --> 00:20:32,966
EMPTINESS... JARED LETO'S GOT
773
00:20:33,033 --> 00:20:34,700
THE MARKET COVERED ON THAT ONE.
774
00:20:34,766 --> 00:20:36,300
BUT I WILL BE DAMNED IF I LET
775
00:20:36,366 --> 00:20:37,409
THIS ADULT WHO LOOKS LIKE HE
776
00:20:37,433 --> 00:20:38,576
JUST MADE A WISH TO BE BIG STEAL
777
00:20:38,600 --> 00:20:40,500
MY WHOLE VIBE.
778
00:20:40,566 --> 00:20:42,933
BUT THE POINT IS, IF YOU'RE
779
00:20:43,000 --> 00:20:44,866
ALREADY IN A BAD SPOT WITH YOUR
780
00:20:44,933 --> 00:20:46,133
FINANCES... WHICH YOU PROBABLY
781
00:20:46,166 --> 00:20:47,500
ARE, IF YOU'RE CONSIDERING
782
00:20:47,566 --> 00:20:48,933
BANKRUPTCY... "NO MONEY UP
783
00:20:49,000 --> 00:20:50,166
FRONT" MIGHT NOT JUST SOUND
784
00:20:50,233 --> 00:20:53,033
GOOD, IT MIGHT BE YOUR ONLY
785
00:20:53,100 --> 00:20:53,566
OPTION.
786
00:20:53,633 --> 00:20:55,400
THE WORRY IS THAT SOME LAWYERS
787
00:20:55,466 --> 00:20:56,766
GUIDE THEIR CLIENTS TO
788
00:20:56,833 --> 00:20:58,600
THE MORE EXPENSIVE CHAPTER 13,
789
00:20:58,666 --> 00:21:00,033
WHEN THEY'D ACTUALLY BE FAR
790
00:21:00,100 --> 00:21:01,500
BETTER SERVED WITH CHAPTER 7.
791
00:21:01,566 --> 00:21:03,066
AND IF YOU KNOW ANYTHING ABOUT
792
00:21:03,133 --> 00:21:10,000
AMERICA, IT WON'T SURPRISE YOU
793
00:21:10,066 --> 00:21:12,400
THAT WOULD RESEARCHERS RAN AN
794
00:21:12,466 --> 00:21:17,233
ACADEMIC STUDY, THEY FOUND THAT
795
00:21:17,300 --> 00:21:18,833
ATTORNEYS WERE MORE LIKELY TO
796
00:21:18,900 --> 00:21:21,566
OFFER A CHAPTER CHAPTER 13
797
00:21:21,633 --> 00:21:23,100
BANKRUPTCY TO BLACK PEOPLE
798
00:21:23,166 --> 00:21:24,700
RATHER THAN WHITE PEOPLE.
799
00:21:24,766 --> 00:21:26,266
PUTTING ASIDE THE QUESTION OF
800
00:21:26,333 --> 00:21:28,433
WHETHER THE RESEARCHERS PLUCKED
801
00:21:28,500 --> 00:21:31,066
REGGIE AND LETICIA FROM THE
802
00:21:31,133 --> 00:21:32,209
HOPEFULLY NOT OFFENSIVELY SO
803
00:21:32,233 --> 00:21:34,700
BLACK NAMES, THE FINDINGS
804
00:21:34,766 --> 00:21:36,500
EXPLAINED THAT THE ODDS OF BLACK
805
00:21:36,566 --> 00:21:37,900
DEBTORS CHOOSING CHAPTER 13
806
00:21:37,966 --> 00:21:38,900
INSTEAD OF CHAPTER 7
807
00:21:38,966 --> 00:21:40,009
WERE MORE THAN TWICE AS HIGH AS
808
00:21:40,033 --> 00:21:41,500
WHITE DEBTORS WITH A SIMILAR
809
00:21:41,566 --> 00:21:45,500
PROFILE.
810
00:21:45,566 --> 00:21:46,233
SO EVEN BANKRUPTCY
811
00:21:46,300 --> 00:21:46,833
DISCRIMINATES AGAINST
812
00:21:46,900 --> 00:21:48,133
BLACK PEOPLE.
813
00:21:48,200 --> 00:21:48,733
WHICH IS, COINCIDENTALLY, THE
814
00:21:48,800 --> 00:21:49,300
COVER STORY ON THIS MONTH'S
815
00:21:49,366 --> 00:21:50,166
ISSUE OF "YEAH, NO SHIT"
816
00:21:50,233 --> 00:21:50,833
MAGAZINE.
817
00:21:50,900 --> 00:21:52,009
AND THE FACT THAT PEOPLE ARE
818
00:21:52,033 --> 00:21:53,266
OFTEN PUSHED INTO THE FORM OF
819
00:21:53,333 --> 00:21:54,833
BANKRUPTCY WITH FAR LESS
820
00:21:54,900 --> 00:21:56,076
SUCCESSFUL OUTCOMES MEANS THAT
821
00:21:56,100 --> 00:21:57,300
THEY CAN END UP HAVING TO FILE
822
00:21:57,333 --> 00:21:59,933
BANKRUPTCY AGAIN DOWN THE LINE.
823
00:22:00,000 --> 00:22:01,300
AND KNOWING THAT MAKES IT A
824
00:22:01,366 --> 00:22:03,200
LITTLE HARD TO SEE FINANCIAL
825
00:22:03,266 --> 00:22:04,666
EXPERTS LIKE SUZE ORMAN BROADLY
826
00:22:04,733 --> 00:22:06,033
FRAME REPEATED FILING AS A MORAL
827
00:22:06,100 --> 00:22:07,533
FAILING.
828
00:22:07,600 --> 00:22:09,633
MOST PEOPLE WHO CLAIM
829
00:22:09,700 --> 00:22:12,633
BANKRUPTCY ONCE CLAIM IT TWICE.
830
00:22:12,700 --> 00:22:15,433
SO IF YOU ARE CLAIMING
831
00:22:15,500 --> 00:22:17,100
BANKRUPTCY, YOU HAVE GOT TO
832
00:22:17,166 --> 00:22:17,800
LEARN.
833
00:22:17,866 --> 00:22:20,300
BECAUSE IF YOU GET YOURSELF INTO
834
00:22:20,366 --> 00:22:21,633
THAT SITUATION AGAIN, IF YOU GO
835
00:22:21,700 --> 00:22:23,366
OUT AND YOU RACK UP ALL THIS
836
00:22:23,433 --> 00:22:25,066
CREDIT CARD DEBT AND ALL THIS
837
00:22:25,133 --> 00:22:26,833
STUFF AGAIN, AND YOU HAVE TO
838
00:22:26,900 --> 00:22:29,366
CLAIM BANKRUPTCY AGAIN, THEN I
839
00:22:29,433 --> 00:22:32,233
SAY, SHAME ON YOU.
840
00:22:32,300 --> 00:22:35,700
WOW.
841
00:22:35,766 --> 00:22:36,433
SUZE IS OFFERING REPEAT
842
00:22:36,500 --> 00:22:37,633
BANKRUPTCY FILERS THE
843
00:22:37,700 --> 00:22:39,000
"SHAME ON YOU" NORMALLY RESERVED
844
00:22:39,066 --> 00:22:40,766
FOR DOGS WHO PEED ON THE CARPET
845
00:22:40,833 --> 00:22:41,766
AND NOSY PHARMACISTS IN
846
00:22:41,833 --> 00:22:43,066
"MAGNOLIA" WHO'VE ASKED
847
00:22:43,133 --> 00:22:43,800
JULIANNE MOORE ONE TOO MANY
848
00:22:43,866 --> 00:22:45,566
QUESTIONS.
849
00:22:45,633 --> 00:22:46,900
"I HAVE SICKNESS ALL AROUND ME
850
00:22:46,966 --> 00:22:48,633
AND YOU FUCKING ASK ME MY LIFE?
851
00:22:48,700 --> 00:22:49,842
HAVE YOU SEEN DEATH IN YOUR BED?
852
00:22:49,866 --> 00:22:50,933
IN YOUR HOUSE?
853
00:22:51,000 --> 00:22:52,433
WHERE'S YOUR FUCKING DECENCY?
854
00:22:52,500 --> 00:22:53,266
AND THEN I'M ASKED FUCKING
855
00:22:53,333 --> 00:22:54,700
QUESTIONS.
856
00:22:54,766 --> 00:22:55,833
WHAT'S WRONG?
857
00:22:55,900 --> 00:22:57,466
YOU SUCK MY DICK.
858
00:22:57,533 --> 00:22:59,433
THAT'S WHAT'S WRONG.
859
00:22:59,500 --> 00:23:00,833
AND YOU, YOU FUCKING CALL ME
860
00:23:00,900 --> 00:23:01,366
"LADY?"
861
00:23:01,433 --> 00:23:03,966
SHAME ON YOU.
862
00:23:04,033 --> 00:23:07,566
SHAME ON YOU!"
863
00:23:07,633 --> 00:23:09,033
BUT A FEW THINGS.
864
00:23:09,100 --> 00:23:11,166
FIRST, EXPERTS SAY ORMAN'S CLAIM
865
00:23:11,233 --> 00:23:12,513
THAT MOST BANKRUPTCY FILERS FILE
866
00:23:12,566 --> 00:23:14,566
TWICE IS JUST WRONG.
867
00:23:14,633 --> 00:23:16,333
BUT MUCH MORE IMPORTANTLY,
868
00:23:16,400 --> 00:23:17,866
EVEN THOSE WHO DO END UP FILING
869
00:23:17,933 --> 00:23:19,633
A SECOND TIME, OFTEN DO SO
870
00:23:19,700 --> 00:23:21,633
DUE TO FACTORS THAT HAVE NOTHING
871
00:23:21,700 --> 00:23:22,600
TO DO WITH RECKLESSNESS... LIKE,
872
00:23:22,666 --> 00:23:24,900
FOR INSTANCE, GETTING A
873
00:23:24,966 --> 00:23:26,200
CHAPTER 13 BANKRUPTCY THAT
874
00:23:26,266 --> 00:23:27,833
WASN'T RIGHT FOR THEM.
875
00:23:27,900 --> 00:23:29,140
AND THERE'S SOMETHING ELSE THAT
876
00:23:29,200 --> 00:23:30,733
CAN SIGNIFICANTLY LIMIT THE HELP
877
00:23:30,800 --> 00:23:32,000
BANKRUPTCY CAN PROVIDE...
878
00:23:32,066 --> 00:23:33,400
BECAUSE THERE ARE WHOLE
879
00:23:33,466 --> 00:23:35,300
CATEGORIES OF "NON-DISCHARGEABLE
880
00:23:35,366 --> 00:23:37,000
DEBTS"... DEBTS THAT EVEN
881
00:23:37,066 --> 00:23:38,966
BANKRUPTCY CAN'T GET RID OF.
882
00:23:39,033 --> 00:23:40,300
YOU TYPICALLY CAN'T WIPE OUT
883
00:23:40,366 --> 00:23:41,966
DEBT FROM CRIMINAL PENALTIES,
884
00:23:42,033 --> 00:23:44,166
TAXES, OR CHILD SUPPORT THROUGH
885
00:23:44,233 --> 00:23:46,700
BANKRUPTCY... AND THERE'S
886
00:23:46,766 --> 00:23:47,933
ANOTHER, MASSIVE CATEGORY, AS
887
00:23:48,000 --> 00:23:48,400
THIS WOMAN LEARNED.
888
00:23:48,466 --> 00:23:50,133
31-YEAR-OLD RADMILLA
889
00:23:50,200 --> 00:23:51,833
SULEYMANOVA GRADUATED WITH A
890
00:23:51,900 --> 00:23:52,666
MASTERS FROM NEW YORK UNIVERSITY
891
00:23:52,733 --> 00:23:54,733
IN 2008 DURING THE DEPTHS OF THE
892
00:23:54,800 --> 00:23:58,133
GREAT RECESSION.
893
00:23:58,200 --> 00:24:03,400
JOBLESS, SHE QUICKLY DEFAULTED
894
00:24:03,466 --> 00:24:04,633
ON HER $80,000 STUDENT LOAN
895
00:24:04,700 --> 00:24:06,266
BILL.
896
00:24:06,333 --> 00:24:07,100
OH, WELL, I'LL JUST FILE FOR
897
00:24:07,166 --> 00:24:07,933
BANKRUPTCY LIKE EVERYONE ELSE IS
898
00:24:08,000 --> 00:24:08,466
DOING, HA-HA-HA.
899
00:24:08,533 --> 00:24:09,566
AND THEN YOU REALIZE...
900
00:24:09,633 --> 00:24:10,400
NO.
901
00:24:10,466 --> 00:24:11,576
THE ONLY WAY TO GET AWAY FROM
902
00:24:11,600 --> 00:24:12,200
YOUR STUDENT LOAN DEBT IS TO
903
00:24:12,266 --> 00:24:12,900
DIE.
904
00:24:12,966 --> 00:24:17,033
YEAH.
905
00:24:17,100 --> 00:24:17,800
AND TO COMMUNICATE JUST HOW BAD
906
00:24:17,866 --> 00:24:19,833
STUDENT LOAN DEBT IS AS A
907
00:24:19,900 --> 00:24:20,400
GENERATIONAL DEAD WEIGHT ON
908
00:24:20,466 --> 00:24:21,733
MILLENNIALS, I GUARANTEE YOU
909
00:24:21,800 --> 00:24:24,766
ANYONE WITH STUDENT LOANS
910
00:24:24,833 --> 00:24:25,666
WATCHING THIS HEARD "$80,000
911
00:24:25,733 --> 00:24:27,200
AND THOUGHT "OH, I
912
00:24:27,266 --> 00:24:28,366
DUNNO, I'VE HEARD WORSE."
913
00:24:28,433 --> 00:24:29,300
BECAUSE, YEAH, SHE COULD HAVE
914
00:24:29,366 --> 00:24:31,033
BOUGHT THIS ENTIRE THREE
915
00:24:31,100 --> 00:24:32,600
BEDROOM, TWO BATHROOM HOUSE
916
00:24:32,666 --> 00:24:33,906
IN INDIANAPOLIS, BUT WHO REALLY
917
00:24:33,966 --> 00:24:35,633
NEEDS A PLACE TO LIVE WHEN YOU
918
00:24:35,700 --> 00:24:36,966
HAVE A FRAMED 8.5 X 11 PIECE OF
919
00:24:37,033 --> 00:24:38,042
PAPER WITH YOUR NAME ON IT?
920
00:24:38,066 --> 00:24:39,200
THAT CAN, JUST LIKE A HOUSE,
921
00:24:39,266 --> 00:24:42,533
KEEP YOU SAFE FROM THE RAIN.
922
00:24:42,600 --> 00:24:43,800
AND IF ALL THAT WEREN'T BAD
923
00:24:43,866 --> 00:24:45,233
ENOUGH, OUR CURRENT SYSTEM ADDS
924
00:24:45,300 --> 00:24:47,066
INSULT TO INJURY THROUGH
925
00:24:47,133 --> 00:24:48,366
MANDATORY CREDIT COUNSELING
926
00:24:48,433 --> 00:24:49,366
COURSES.
927
00:24:49,433 --> 00:24:50,666
WHICH CAN BE EXACTLY AS
928
00:24:50,733 --> 00:24:52,466
PATRONIZING AS THEY SOUND.
929
00:24:52,533 --> 00:24:54,333
EVEN BANKRUPTCY JUDGES HAVE
930
00:24:54,400 --> 00:24:56,400
CALLED THEM "INANE" AND "A
931
00:24:56,466 --> 00:24:57,800
PROCEDURAL HURDLE WITHOUT VALUE
932
00:24:57,866 --> 00:24:59,900
OR CONSEQUENCE."
933
00:24:59,966 --> 00:25:01,466
WITH ONE EVEN NOTING A COURSE
934
00:25:01,533 --> 00:25:03,566
REFERRED PARTICIPANTS "TO THE
935
00:25:03,633 --> 00:25:04,776
LOCAL LIBRARY FOR RESOURCES ON
936
00:25:04,800 --> 00:25:05,533
BANKRUPTCY."
937
00:25:05,600 --> 00:25:07,566
AND RECOMMENDED THEY "SEEK A JOB
938
00:25:07,633 --> 00:25:09,066
MAKING HIGHER WAGES" AND I'M
939
00:25:09,133 --> 00:25:10,933
SURE THEY'D NEVER THOUGHT OF
940
00:25:11,000 --> 00:25:13,500
DOING THAT BEFORE IT WAS
941
00:25:13,566 --> 00:25:14,400
VERY CLEVERLY POINTED OUT TO
942
00:25:14,466 --> 00:25:14,933
THEM.
943
00:25:15,000 --> 00:25:16,266
AND IF IT SEEMS THESE COURSES
944
00:25:16,333 --> 00:25:17,966
MAY HAVE LIMITED VALUE,
945
00:25:18,033 --> 00:25:20,233
ONE WE FOUND ONLINE EVEN SEEMED
946
00:25:20,300 --> 00:25:20,866
TO RELUCTANTLY ACKNOWLEDGE THAT
947
00:25:20,933 --> 00:25:21,733
FACT.
948
00:25:21,800 --> 00:25:23,066
YOUR ATTORNEY MAY HAVE GONE
949
00:25:23,133 --> 00:25:24,600
OVER YOUR PARTICULAR SITUATION
950
00:25:24,666 --> 00:25:25,833
WITH YOU IN THEIR OFFICE
951
00:25:25,900 --> 00:25:26,833
ALREADY.
952
00:25:26,900 --> 00:25:27,766
PERHAPS THEY EXPLAINED WHY
953
00:25:27,833 --> 00:25:29,073
CREDIT COUNSELING WILL NOT WORK
954
00:25:29,100 --> 00:25:30,300
FOR YOU.
955
00:25:30,366 --> 00:25:31,766
MANY DEBTORS THEREFORE BELIEVE
956
00:25:31,833 --> 00:25:32,873
THAT THIS MANDATORY CREDIT
957
00:25:32,900 --> 00:25:36,200
COUNSELING EXERCISE IS
958
00:25:36,266 --> 00:25:36,466
POINTLESS.
959
00:25:36,533 --> 00:25:37,900
WE HOPE INSTEAD YOU TAKE A MORE
960
00:25:37,966 --> 00:25:38,866
POSITIVE VIEW OF THIS MANDATORY
961
00:25:38,933 --> 00:25:40,166
COURSE.
962
00:25:40,233 --> 00:25:40,733
OH, YOU HOPE SO,
963
00:25:40,800 --> 00:25:41,800
DO YOU?
964
00:25:41,833 --> 00:25:42,633
THAT'S BASICALLY AN ADMISSION
965
00:25:42,700 --> 00:25:44,400
THAT IT'S A WASTE OF TIME.
966
00:25:44,466 --> 00:25:46,366
ALTHOUGH, QUICK QUESTION, WHY IS
967
00:25:46,433 --> 00:25:47,966
THE ATTORNEY THERE CARTOON ME?
968
00:25:48,033 --> 00:25:48,566
HE'S WEARING MY GLASSES.
969
00:25:48,633 --> 00:25:49,666
HE HAS MY BANGS.
970
00:25:49,733 --> 00:25:51,333
HE'S NEGGING AN UNWILLING
971
00:25:51,400 --> 00:25:52,966
CIVILIAN WHILE WAVING AROUND
972
00:25:53,033 --> 00:25:56,233
A BORING AMOUNT OF PAPERWORK.
973
00:25:56,300 --> 00:25:57,066
THE GUY IS MORE ME THAN I AM.
974
00:25:57,133 --> 00:25:57,766
BUT WHILE AT BEST, AN
975
00:25:57,833 --> 00:25:58,900
OBJECTIVELY HUNKY CARTOON
976
00:25:58,966 --> 00:26:00,633
LECTURING YOU ON YOUR FINANCES
977
00:26:00,700 --> 00:26:03,233
IS ANNOYING... AT WORST, IT CAN
978
00:26:03,300 --> 00:26:03,700
BE ACTIVELY INSULTING.
979
00:26:03,766 --> 00:26:05,133
BECAUSE THE ASSUMPTION IN THESE
980
00:26:05,200 --> 00:26:07,133
COURSES IS THAT YOU'RE IN THIS
981
00:26:07,200 --> 00:26:07,666
POSITION DUE TO RECKLESS
982
00:26:07,733 --> 00:26:09,233
PERSONAL BEHAVIOR.
983
00:26:09,300 --> 00:26:11,833
BUT IMAGINE HOW THAT ARGUMENT
984
00:26:11,900 --> 00:26:12,466
FEELS IF YOU... LIKE THIS WOMAN
985
00:26:12,533 --> 00:26:13,233
...WENT BANKRUPT AFTER HAVING TO
986
00:26:13,300 --> 00:26:14,766
LEAVE YOUR JOB TO TAKE CARE OF
987
00:26:14,833 --> 00:26:16,100
YOUR SON, WHO DIED FROM
988
00:26:16,166 --> 00:26:18,266
CYSTIC FIBROSIS.
989
00:26:18,333 --> 00:26:19,600
IN SEPTEMBER, WE SAT DOWN
990
00:26:19,666 --> 00:26:22,433
TO TAKE THE CREDIT COUNSELING
991
00:26:22,500 --> 00:26:23,200
COURSE AND IT WAS SORT OF A SLAP
992
00:26:23,266 --> 00:26:25,066
IN THE FACE, HONESTLY.
993
00:26:25,133 --> 00:26:25,766
AND WE HAVE NOT YET FINISHED
994
00:26:25,833 --> 00:26:27,433
THAT COURSE.
995
00:26:27,500 --> 00:26:29,233
WE LOGGED OFF AND NEEDED TO WALK
996
00:26:29,300 --> 00:26:30,233
AWAY FROM IT FOR A LITTLE
997
00:26:30,300 --> 00:26:36,033
WHILE.
998
00:26:36,100 --> 00:26:36,700
AND WE'LL
999
00:26:36,766 --> 00:26:38,466
NEED TO DO IT AGAIN AFTER WE
1000
00:26:38,533 --> 00:26:39,066
ACTUALLY GO THROUGH THE FILING
1001
00:26:39,133 --> 00:26:39,833
PROCESS AND MEET WITH THE JUDGE.
1002
00:26:39,900 --> 00:26:40,533
IT'S A REQUIREMENT AFTER YOU
1003
00:26:40,600 --> 00:26:41,533
FILE, AS WELL, SO THAT YOU CAN,
1004
00:26:41,600 --> 00:26:42,133
I GUESS, GET AN IDEA OF HOW TO
1005
00:26:42,200 --> 00:26:42,733
NOT DO THE SAME THING AGAIN IN
1006
00:26:42,800 --> 00:26:44,533
THE FUTURE.
1007
00:26:44,600 --> 00:26:47,033
SO.
1008
00:26:47,100 --> 00:26:48,900
WHICH IS AN INCREDIBLY HURTFUL
1009
00:26:48,966 --> 00:26:49,800
IDEA THAT I'M NOT LOOKING
1010
00:26:49,866 --> 00:26:51,133
FORWARD TO.
1011
00:26:51,200 --> 00:26:51,933
NO, OF COURSE YOU'RE
1012
00:26:52,000 --> 00:26:53,000
NOT.
1013
00:26:53,033 --> 00:26:54,400
BECAUSE HAVING A COURSE SUGGEST
1014
00:26:54,466 --> 00:26:55,733
THERE'S A WAY NOT TO HAVE YOUR
1015
00:26:55,800 --> 00:26:56,876
CHILD DIE AGAIN IN THE FUTURE IS
1016
00:26:56,900 --> 00:26:58,933
A FUCKING INSULT.
1017
00:26:59,000 --> 00:27:00,466
AND IT'S TERRIBLE THAT SHE NOT
1018
00:27:00,533 --> 00:27:01,333
ONLY HAD TO GO THROUGH THAT,
1019
00:27:01,400 --> 00:27:03,433
BUT THEN HAD TO REHASH IT IN THE
1020
00:27:03,500 --> 00:27:04,800
SENATE IN AN ATTEMPT TO GET THAT
1021
00:27:04,866 --> 00:27:07,033
REQUIREMENT CHANGED... WHICH, BY
1022
00:27:07,100 --> 00:27:08,833
THE WAY, IT WASN'T.
1023
00:27:08,900 --> 00:27:09,766
AND THE TRUTH IS, SO MUCH OF
1024
00:27:09,833 --> 00:27:11,009
WHAT IS WRONG WITH OUR CURRENT
1025
00:27:11,033 --> 00:27:13,100
BANKRUPTCY SYSTEM STEMS FROM
1026
00:27:13,166 --> 00:27:14,666
THAT 2005 LAW THAT I MENTIONED
1027
00:27:14,733 --> 00:27:15,333
EARLIER.
1028
00:27:15,400 --> 00:27:16,400
EXPANDING THE
1029
00:27:16,433 --> 00:27:17,133
NON-DISCHARGEABILITY OF
1030
00:27:17,200 --> 00:27:17,733
STUDENT LOAN DEBT?
1031
00:27:17,800 --> 00:27:18,700
THAT WAS IN THERE.
1032
00:27:18,766 --> 00:27:21,100
THE MANDATORY CREDIT COUNSELING
1033
00:27:21,166 --> 00:27:21,333
CLASSES?
1034
00:27:21,400 --> 00:27:22,400
THAT WAS IN THERE, TOO.
1035
00:27:22,433 --> 00:27:23,933
THE LAW ALSO MADE BANKRUPTCY
1036
00:27:24,000 --> 00:27:25,176
HARDER TO COMPLETE, ADDING OVER
1037
00:27:25,200 --> 00:27:27,200
A DOZEN WAYS SOMEONE COULD MAKE
1038
00:27:27,266 --> 00:27:29,133
A TECHNICAL ERROR AND BE
1039
00:27:29,200 --> 00:27:29,400
DISMISSED.
1040
00:27:29,466 --> 00:27:30,266
IT WAS A HUGE WIN FOR
1041
00:27:30,333 --> 00:27:31,833
THE CREDIT CARD COMPANIES.
1042
00:27:31,900 --> 00:27:32,909
AND FOR ALL THE ASSURANCES
1043
00:27:32,933 --> 00:27:34,600
FROM GRASSLEY AND OTHERS THAT IT
1044
00:27:34,666 --> 00:27:35,842
WOULD TARGET HIGH-INCOME PEOPLE
1045
00:27:35,866 --> 00:27:39,566
ABUSING THE SYSTEM WITHOUT
1046
00:27:39,633 --> 00:27:40,776
HURTING THOSE OF LESSER MEANS,
1047
00:27:40,800 --> 00:27:41,333
AFTER IT PASSED, BANKRUPTCY
1048
00:27:41,400 --> 00:27:42,600
FILINGS DROPPED
1049
00:27:42,666 --> 00:27:43,900
DISPROPORTIONATELY IN POORER
1050
00:27:43,966 --> 00:27:45,166
NEIGHBORHOODS, WITH FILINGS
1051
00:27:45,233 --> 00:27:46,966
THERE DECREASING 32% MORE THAN
1052
00:27:47,033 --> 00:27:49,000
IN RICH ONES.
1053
00:27:49,066 --> 00:27:50,700
SHOWING THAT AS ALWAYS, WHEN
1054
00:27:50,766 --> 00:27:52,266
THINGS ARE DESIGNED TO BECOME
1055
00:27:52,333 --> 00:27:52,866
HARDER FOR EVERYONE, FOR THE
1056
00:27:52,933 --> 00:27:54,009
RICH, THEY JUST BECOME A BIT
1057
00:27:54,033 --> 00:27:54,800
MORE EXPENSIVE, AND FOR THE
1058
00:27:54,866 --> 00:27:55,666
POOR, THEY BECOME BASICALLY
1059
00:27:55,733 --> 00:27:57,266
IMPOSSIBLE.
1060
00:27:57,333 --> 00:27:59,000
SO WHAT CAN WE DO HERE?
1061
00:27:59,066 --> 00:28:00,433
WELL, IDEALLY, THE PEOPLE
1062
00:28:00,500 --> 00:28:02,033
RESPONSIBLE FOR THAT 2005 LAW
1063
00:28:02,100 --> 00:28:03,466
WOUL ACKNOWLEDGE THAT OUR
1064
00:28:03,533 --> 00:28:04,733
SYSTEM BADLY NEEDS FIXING.
1065
00:28:04,800 --> 00:28:07,066
AND COINCIDENTALLY, ONE OF THE
1066
00:28:07,133 --> 00:28:07,766
MOST PROMINENT BACKERS OF THAT
1067
00:28:07,833 --> 00:28:09,300
LAW IS ACTUALLY THE FUCKING
1068
00:28:09,366 --> 00:28:11,733
PRESIDENT NOW.
1069
00:28:11,800 --> 00:28:12,966
JOE BIDEN IS FROM DELAWARE,
1070
00:28:13,033 --> 00:28:14,333
HOME TO SOME OF THE BIGGEST
1071
00:28:14,400 --> 00:28:15,900
CREDIT CARD COMPANIES.
1072
00:28:15,966 --> 00:28:17,233
AND HIS SUPPORT WAS CRUCIAL
1073
00:28:17,300 --> 00:28:19,533
IN GETTING THE 2005 LAW PASSED.
1074
00:28:19,600 --> 00:28:20,800
AND IT'S NOT LIKE HE WASN'T
1075
00:28:20,866 --> 00:28:22,633
WARNED IT COULD LEAD TO TROUBLE
1076
00:28:22,700 --> 00:28:24,166
...WHEN IT WAS BEING DEBATED,
1077
00:28:24,233 --> 00:28:25,333
ELIZABETH WARREN... THEN A
1078
00:28:25,400 --> 00:28:26,576
HARVARD LAW PROFESSOR STUDYING
1079
00:28:26,600 --> 00:28:28,066
BANKRUPTCY... TESTIFIED ABOUT
1080
00:28:28,133 --> 00:28:29,000
HOW MEDICAL DEBT RUINS PEOPLE'S
1081
00:28:29,066 --> 00:28:32,200
LIVES, AND THIS BILL COULD
1082
00:28:32,266 --> 00:28:32,900
SIGNIFICANTLY HINDER THEIR ONE
1083
00:28:32,966 --> 00:28:33,566
REMAINING CHANCE TO GET OUT FROM
1084
00:28:33,633 --> 00:28:35,466
UNDERNEATH IT.
1085
00:28:35,533 --> 00:28:37,100
AND JOE BIDEN KEPT SHIFTING
1086
00:28:37,166 --> 00:28:38,442
FOCUS BACK TO THE POOR CREDITORS
1087
00:28:38,466 --> 00:28:41,300
WHO WOULDN'T GET THEIR MONEY.
1088
00:28:41,366 --> 00:28:43,233
UNTIL WE FIX THE BROKEN
1089
00:28:43,300 --> 00:28:44,500
HEALTH CARE FINANCE SYSTEM...
1090
00:28:44,566 --> 00:28:45,566
RIGHT.
1091
00:28:45,600 --> 00:28:47,233
THOSE FAMILIES HAVE TO TURN
1092
00:28:47,300 --> 00:28:50,433
SOMEWHERE AND THAT MEANS NOW
1093
00:28:50,500 --> 00:28:52,566
THEY TURN AS A LAST-DITCH EFFORT
1094
00:28:52,633 --> 00:28:53,833
TO THE BANKRUPTCY COURTS.
1095
00:28:53,900 --> 00:28:54,900
RIGHT.
1096
00:28:54,933 --> 00:28:57,000
AND THAT MEANS THEY TURN TO
1097
00:28:57,066 --> 00:28:59,800
ASKING THE PEOPLE THAT THEY
1098
00:28:59,866 --> 00:29:01,633
BORROWED MONEY FROM TO PAY FOR
1099
00:29:01,700 --> 00:29:04,600
THEIR HEALTH CARE COSTS, RIGHT?
1100
00:29:04,666 --> 00:29:05,842
WE'RE GONNA ASK THE GAS COMPANY,
1101
00:29:05,866 --> 00:29:08,700
THE DRUG STORE, THE AUTOMOBILE
1102
00:29:08,766 --> 00:29:10,466
DEALER TO PAY FOR THE BROKEN
1103
00:29:10,533 --> 00:29:12,900
SYSTEM?
1104
00:29:12,966 --> 00:29:15,733
OKAY, BUT THAT'S NOT
1105
00:29:15,800 --> 00:29:16,233
REALLY HOW THIS WORKS.
1106
00:29:16,300 --> 00:29:17,309
IT'S NOT LIKE WE'RE LIVING IN
1107
00:29:17,333 --> 00:29:18,733
SOME SMALL TOWN IN THE 1920s,
1108
00:29:18,800 --> 00:29:19,300
RACKING UP DEBTS TO
1109
00:29:19,366 --> 00:29:21,233
THE CORNER STORE FOR GROCERIES,
1110
00:29:21,300 --> 00:29:22,833
THE BUTCHER SHOP FOR MEAT, AND
1111
00:29:22,900 --> 00:29:23,300
THE LOCAL PHARMACY FOR
1112
00:29:23,366 --> 00:29:24,133
COUGH DROPS LACED WITH
1113
00:29:24,200 --> 00:29:25,333
WEAPONS-GRADE COCAINE.
1114
00:29:25,400 --> 00:29:25,966
NO.
1115
00:29:26,033 --> 00:29:28,166
WE'RE LIVING IN A WORLD WHERE
1116
00:29:28,233 --> 00:29:28,866
MEDICAL DEBT IS OUT OF CONTROL,
1117
00:29:28,933 --> 00:29:30,233
AND PEOPLE HAVE ENVELOPES RAMMED
1118
00:29:30,300 --> 00:29:31,533
THROUGH THEIR DOOR EVERY DAY,
1119
00:29:31,600 --> 00:29:32,866
SCREAMING THEY'RE PRE-APPROVED
1120
00:29:32,933 --> 00:29:33,933
FOR A CREDIT CARD.
1121
00:29:33,966 --> 00:29:34,400
OH, LOOK!
1122
00:29:34,466 --> 00:29:36,800
THIS ONE HAS SNOOPY ON IT!
1123
00:29:36,866 --> 00:29:38,733
NOW THE GOOD NEWS IS,
1124
00:29:38,800 --> 00:29:40,266
ELIZABETH WARREN HAS PROPOSED
1125
00:29:40,333 --> 00:29:41,376
THE "CONSUMER BANKRUPTCY REFORM
1126
00:29:41,400 --> 00:29:44,133
ACT" WHICH WOULD COMPLETELY
1127
00:29:44,200 --> 00:29:45,209
OVERHAUL OUR BANKRUPTCY SYSTEM,
1128
00:29:45,233 --> 00:29:47,066
IT WOULD ELIMINATE EXCESSIVE
1129
00:29:47,133 --> 00:29:48,242
PAPERWORK NEEDED FOR FILING,
1130
00:29:48,266 --> 00:29:49,476
THEREBY LOWERING ATTORNEY COSTS.
1131
00:29:49,500 --> 00:29:50,700
IT'D MAKE STUDENT LOAN DEBT
1132
00:29:50,766 --> 00:29:52,833
DISCHARGEABLE, IT'D GET RID OF
1133
00:29:52,900 --> 00:29:55,133
THE REQUIREMENT FOR A CREDIT
1134
00:29:55,200 --> 00:29:55,966
COUNSELING COURSE, AND IT'D
1135
00:29:56,033 --> 00:29:57,400
COMBINE CHAPTERS 7 AND 13 INTO A
1136
00:29:57,466 --> 00:29:59,400
NEW, MORE FLEXIBLE CHAPTER 10.
1137
00:29:59,466 --> 00:30:00,709
IT'S A COMBINATION THAT WOULD BE
1138
00:30:00,733 --> 00:30:02,366
AN IMPROVEMENT... SORT OF LIKE
1139
00:30:02,433 --> 00:30:03,442
BURGER KING'S CHICKEN FRIES,
1140
00:30:03,466 --> 00:30:04,542
A LITTLE BIT CHICKEN, A LITTLE
1141
00:30:04,566 --> 00:30:05,266
BIT FRIES, ALL IN A BOX THAT
1142
00:30:05,333 --> 00:30:07,033
LOOKS LIKE I ASKED MY KIDS TO
1143
00:30:07,100 --> 00:30:08,300
DRAW ME FROM MEMORY.
1144
00:30:08,366 --> 00:30:09,700
AND WHILE BIDEN HAS BROADLY
1145
00:30:09,766 --> 00:30:11,366
EXPRESSED SUPPORT FOR WARREN'S
1146
00:30:11,433 --> 00:30:12,866
REFORMS, THE FACT IS, THE BILL
1147
00:30:12,933 --> 00:30:15,000
IS UNLIKELY TO PASS IN ITS
1148
00:30:15,066 --> 00:30:16,366
ENTIRETY... IT'D CURRENTLY NEED
1149
00:30:16,433 --> 00:30:18,000
TEN REPUBLICANS IN THE SENATE
1150
00:30:18,066 --> 00:30:19,300
TO GET ON BOARD BECAUSE
1151
00:30:19,366 --> 00:30:21,000
DEMOCRATS LIKE JOE MANCHIN AND
1152
00:30:21,066 --> 00:30:22,366
KYRSTEN SINEMA ARE STILL IN A
1153
00:30:22,433 --> 00:30:23,633
DEATH CULT OVER THE FILIBUSTER
1154
00:30:23,666 --> 00:30:24,400
FOR SOME REASON.
1155
00:30:24,466 --> 00:30:25,766
BUT THE FACT IS, SOMETHING BIG
1156
00:30:25,833 --> 00:30:28,400
NEEDS TO HAPPEN HERE.
1157
00:30:28,466 --> 00:30:29,866
BECAUSE WE BADLY NEED TO GET OUR
1158
00:30:29,933 --> 00:30:32,166
BROKEN BANKRUPTCY SYSTEM WORKING
1159
00:30:32,233 --> 00:30:32,800
AGAIN FOR PEOPLE WHO DESPERATELY
1160
00:30:32,866 --> 00:30:34,866
NEED A LIFELINE.
1161
00:30:34,933 --> 00:30:36,600
AND MEANWHILE, WHILE WE WAIT FOR
1162
00:30:36,666 --> 00:30:37,809
CONGRESS TO ACT, THE VERY LEAST
1163
00:30:37,833 --> 00:30:39,433
WE CAN DO IS OFFER AN
1164
00:30:39,500 --> 00:30:40,433
ALTERNATIVE CREDIT COUNSELING
1165
00:30:40,500 --> 00:30:41,000
COURSE THAT ISN'T QUITE SO
1166
00:30:41,066 --> 00:30:46,100
INSULTING.
1167
00:30:47,366 --> 00:30:48,766
HELLO THERE.
1168
00:30:48,833 --> 00:30:49,909
I'M THE CARTOON STEAM ES WALK.
1169
00:30:49,933 --> 00:30:51,466
IF YOU ARE WATCHING THIS VIDEO,
1170
00:30:51,533 --> 00:30:52,933
CHANCES ARE YOU HAVE HIT HARD
1171
00:30:53,000 --> 00:30:53,833
TIMES.
1172
00:30:53,900 --> 00:30:55,300
MAYBE YOUR HUSBAND WAS PANCAKE
1173
00:30:55,366 --> 00:30:57,300
BY AN UNMARKED CARGO MAN OR
1174
00:30:57,366 --> 00:30:58,666
MAYBE YOU LOST YOUR JOB DUE TO
1175
00:30:58,733 --> 00:31:01,133
THE CORONAVIRUS AND THAT
1176
00:31:01,200 --> 00:31:04,600
FATEFUL DAY IN 2019 WHEN ONE BAT
1177
00:31:04,666 --> 00:31:05,700
FUCKED THAT OTHER BAT.
1178
00:31:05,766 --> 00:31:07,133
EITHER WAY, YOU ARE SADDLED WITH
1179
00:31:07,200 --> 00:31:08,200
DEBT RIGHT NOW AND YOU'RE
1180
00:31:08,233 --> 00:31:09,666
LOOKING FOR A FRESH START.
1181
00:31:09,733 --> 00:31:10,800
THANKFULLY, YOU HAVE FOUND
1182
00:31:10,866 --> 00:31:11,800
BANKRUPTCY.
1183
00:31:11,866 --> 00:31:13,033
LESS THAT IS YOUR DEBT'S
1184
00:31:13,100 --> 00:31:14,933
STUDENT LOANS, IN WHICH CASE,
1185
00:31:15,000 --> 00:31:15,900
YOU SHOULD THINK ABOUT FAKING
1186
00:31:15,966 --> 00:31:17,333
YOUR OWN DEATH BECAUSE ODDS ARE
1187
00:31:17,400 --> 00:31:19,366
YOU ARE AS FUCKED AS THIS BAT.
1188
00:31:19,433 --> 00:31:21,100
UNDER CURRENT THINKERS WHO ARE,
1189
00:31:21,166 --> 00:31:23,933
YOU ARE REQUIRED TO COMPLETE
1190
00:31:24,000 --> 00:31:24,500
THIS CREDIT COUNSELING COURSE.
1191
00:31:24,566 --> 00:31:26,066
AND THE KEY THING I'M HERE TO
1192
00:31:26,133 --> 00:31:28,366
TELL YOU IF THEY ARE TWO MAIN
1193
00:31:28,433 --> 00:31:30,100
KINDS OF PERSONAL BANKRUPTCY,
1194
00:31:30,166 --> 00:31:31,433
CHAPTER 7, THAT'S THE THING YOU
1195
00:31:31,500 --> 00:31:32,300
THINK OF BANKRUPTCY WERE
1196
00:31:32,366 --> 00:31:33,409
TYPICALLY MOST OF YOUR DEBTS CAN
1197
00:31:33,433 --> 00:31:35,266
BE DISCHARGED IN CHAPTER 13,
1198
00:31:35,333 --> 00:31:36,900
WHICH YOU MIGHT ASSUME WORKS
1199
00:31:36,966 --> 00:31:38,206
SIMILARLY, THERE ANYONE WHO HAS
1200
00:31:38,266 --> 00:31:39,833
BEEN THROUGH IT KNOWS THAT IT
1201
00:31:39,900 --> 00:31:40,333
DOESN'T.
1202
00:31:40,400 --> 00:31:42,533
AND IF ALL THIS SEEMS NEEDLESSLY
1203
00:31:42,600 --> 00:31:44,066
CONFUSING, IT'S BECAUSE IT IS.
1204
00:31:44,133 --> 00:31:45,700
THE WHOLE SYSTEM IS CURRENTLY
1205
00:31:45,766 --> 00:31:48,133
DESIGNED TO BE SO DISCOURAGING
1206
00:31:48,200 --> 00:31:49,933
THAT EVENTUALLY YOU SAY FUCK IT
1207
00:31:50,000 --> 00:31:51,100
AND GIVE UP.
1208
00:31:51,400 --> 00:31:53,000
ARE YOU OKAY?
1209
00:31:53,066 --> 00:31:54,366
SO INSTEAD OF WATCHING A
1210
00:31:54,433 --> 00:31:55,542
CONDESCENDING SERIES OF VIDEOS
1211
00:31:55,566 --> 00:31:57,100
ABOUT HOW TO MAKE A BUDGET, WHY
1212
00:31:57,166 --> 00:31:59,300
DON'T WE BOTH MAKE BETTER USE OF
1213
00:31:59,366 --> 00:32:00,600
THIS TIME AND ENJOY THIS VIDEO
1214
00:32:00,666 --> 00:32:04,300
OF A MAN FEEDING A PACK OF
1215
00:32:04,366 --> 00:32:05,133
RACCOONS INDIVIDUAL HOT DOGS?
1216
00:32:05,200 --> 00:32:07,066
YES!
1217
00:32:07,133 --> 00:32:08,466
YES!
1218
00:32:08,533 --> 00:32:08,800
YES!
1219
00:32:08,866 --> 00:32:11,066
LOOK, FILING FOR BANKRUPTCY
1220
00:32:11,133 --> 00:32:13,066
WILL NEVER BE AS ENJOYABLE AS A
1221
00:32:13,133 --> 00:32:13,866
RACCOON EATING A HOTDOG.
1222
00:32:13,933 --> 00:32:15,800
BUT AT THE VERY LEAST, IT SHOULD
1223
00:32:15,866 --> 00:32:18,966
BE THAT SIMPLE.
1224
00:32:19,033 --> 00:32:20,033
BYE.
1225
00:32:23,000 --> 00:32:24,666
THAT'S OUR SHOW.
1226
00:32:24,733 --> 00:32:25,842
THANKS SO MUCH FOR WATCHING.
1227
00:32:25,866 --> 00:32:26,233
WE'RE OFF NEXT WEEK,
1228
00:32:26,300 --> 00:32:27,300
BACK MAY 2ND.
1229
00:32:27,324 --> 00:32:29,324
>>>>oakislandtk<<<<<
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