More money lost, not to mention the $13 trillion + contributed to the economy over 3 decades (CATO Inst.)
Prof.Alex
@profalex.bsky.social
Camping lover, golf nut, cigars, & of course, dogs & cats. Attorney, Professor, 80s kid, Gen X. Bankruptcy.Blog.
If you are a small business owner considering filing for bankruptcy, it might be to your advantage to wait, as the debt limits for Subchapter V are increasing! My latest article explains why waiting is a better option. #subchapterv #bankruptcyblog bankruptcy.blog/2026/08/smal...
The New 2026 Small Business Bankruptcy Debt Limits Under Chapter 11
Small‑business bankruptcy debt limits are proposed at $7.5 million for Subchapter V, reshaping eligibility & filing strategy for businesses.
bankruptcy.blog
What have tariffs accomplished? 1. Higher costs for consumers. 2. Record profits for businesses. 3. Great Depression era Smoot-Hawley Tariff Act imposed. 4. ***Tariff revenue is NEGATIVE. Not a $1+, but NEGATIVE.** Homeowners call that an underwater mortgage.
The fact is, we have all seen these headlines and videos and think it's cute. The reality is, people shouldn't have to live in a shed that is used to store old cans of paint and lawnmowers. Gen X didn't grow up in a household where dad said "I think we should move into a shed."
Why would Sen. Rand Paul vote against increasing debt thresholds for small business bankruptcies?
Again, the typical large corporate business model. Zillow recorded $46 million in net income in Q1, an 18% increase from last year. The result: lay off 500 employees. #zillow #corporateamerica Source: Housing Wire
I had to discuss defamation, so I actually went to a Google review of me. Google is so useless when it comes to this, no matter what evidence you provide them. Look at my response. He hired me at that location, yet I am/was living 400 miles away.
Yeah, I don't know why a lawyer in practice for 3 decades would not have told his client that he was voluntarily dismissing the case. I would make my client sign a separate document confirming that, and the document would be done in their own handwriting + signature. www.msn.com/en-us/news/o...
MSN
msn.com
So.... Roombas and pool cleaners are now outlawed? Next it will my golf caddy. Ok... But AI taking jobs, destroying the economy, hacking other companies... all good.
I'm always seeing headlines about someone quitting based on principles. Today, it was a WAPO editor due to "internal strife." I don't know anyone who can afford to quit regardless of the reason, principles or not.
Now that we are going back to the Great Depression era tariffs (Smoot-Hawley Act), it's a good time to remind you that because of the tariff refunds, tariff revenue is NEGATIVE. The U.S. also spends $1.30 + for every dollar that comes in. At this point, our economy is an underwater mortgage.
Why are we now going back to the Great Depression era Smoot-Hawley Act? #greatdepression #recession #canada #bankruptcyblog
Per WAPO, ICE has hired private contractors to look for social media posts that they consider a threat. 100s of subpoenas have been sent to social media companies.
I read yesterday one private middle school is replacing teachers with AI, and now this.... #EducationMatters #bankruptcyblug
It's nothing new threat-wise from creditors, but they are definitely pushing the lie more that if you don't pay your debt, ICE can arrest you and deport you. It's simply FALSE! #deportation #bankruptcyblog
Texas lead the country with the most business bankruptcy filings and completed foreclosures.
In Miami, we have "Little Haiti." Many Haitians work in the court system. They were some of the nicest people. They always seemed upbeat, happy to see, crack a joke, and just talk about things in general. It breaks my heart to see what is happening.
This got me choked up. Ohio, thank you for this. 🙏🏽 And God bless Viles Dorsainvil, Exec Director of the Haitian Support Center. Haitians aren’t criminals. They were here legally under TPS until Trump stripped those protections. Yet we’re humiliating them by forcing them to wear ankle monitors.
When was the last time the federal minimum wage was increased? When George W Bush was president.
I would argue that's capitalism in general. The old saying is companies pay just enough so you don't quit and employees work just enough to make sure they don't get fired.
Interesting take about uses for data centers. Not benign.
This guy is loving the AI slop purge with LinkedIn and YouTube. LinkedIn was the worse. Instagram too.