Remember how embarrassed a few people were when the Panama Papers (pilfered from the law firm of Mossack Fonseca) were released? When all those supersecret (and illegal) 214,488 offshore accounts were divulged? Which is the reason someone car-bombed Daphne Caruana Galizia and murdered her.
Let’s reiterate what I said yesterday– I don’t expect this bill to pass. Certainly not the way it was presented in the bill. These posts were written on 2 November- when the bill was published. Since then, the House has proposed changes to its own bill. And, 1 week later, the Senate published a slightly different version- which means that I will be adding to this series to contrast the differences between the two bills. (This series that was 5 blogs will now be 7.)
Let’s be totally clear. I don’t expect this bill to pass the House and the Senate. At least not as it’s currently written. But, y’all should know what are the current thoughts. (I’m being generous here, since so many have no idea what’s in this bill, and that’s for representatives from BOTH parties. Note further that this was written on 2 November 2017.)
I’ve written about how some folks are drowning in debt. And, the methods one can employ to restructure one’s credit card bills. of course, that process means you will no longer have any credit cards at your disposal. (Unless you obtain what is called a secured credit card– where you provide $ 1000 deposit that “secures” your credit line of up to $ 1000. In essence, you can use a credit card only up to the amount of deposit you have with the bank or agency that issued your card.)