A law is about to be passed in the US to make bankrupcy tougher to achieve. Banks and credit card companies are saying that heavily-indebted people are abusing bankrupcy and using it as an excuse not to repay their debts, and taking the easy way out by having their assets liquidated.
The bill was presented to senate last month and won 74-25. The bill is aiming at stopping the abuse of bankrupcy but some say it is too harsh. Anyone filing for bankrupcy once the bill is passed will be subject to a means test to see if they can repay their debts by installment plans, and will also have to receive credit councelling, adding insult to injury.
Saving the Tigers from extinction It was a hurriedly organized citizen’s meeting at Guwahati Press Club, where serious concerns were expressed at the increasing trend of poaching and killing of wildlife in various parts of Assam.
The EIP factor - what you should learn from it When we grow older, or get older for the sake of the argument, we tend to start seeing the world only from one side. We tend to believe, no, not believe but know, how things are done. If you are smart, you understand that it shouldn't be that way, you understand this is wrong.
Whether we want to admit it or not, even now, in year 2012, there are still big gender biases in some fields of life. While it's generally understandable that men should do more heavy lifting than women and knitting fits a bit better for the women (even though I am aware even here there are many people who want to disagree), art is one of those things where our gender really should not play any significant role at all. And within the past decade things have started to change even on this front and even on the more conservative arenas such as Bukowskis - the top Nordic auction house.
