Bankruptcy: Last Week Tonight with John Oliver (HBO) 

How about, being told you don't make enough money to qualify for bankruptcy?

In Czech Republic it's pretty normal. We have only equivalent of chapter 13. And for filling for bankruptcy you need to be able to pay third of your debts in something like three years.

I thought having mass shootings every three days was the most American thing ever?

Yes.

Too poor to be poor, that's... Insane. This is why people are being radicalized into socialism and even *gasp* communism, because Capitalism has become the very thing it swore to destroy (communism USSR dictatorship) the starvation, the homeless, the poor people of the capitalist propaganda that was sold during the height of the red scare/cold war. I'm ashamed to be an American, it's what really radicalized me, I want to make my country something to be proud of.

I remember Dan Harmon had a big ol rant about it.

@@joshualane1716 came here to mention this

What a missed opportunity 😢

I feel the same way! ☹

The REAL missed opportunity is since they wanted to make a third, they could have done “Now 2 See Me” and “Now You 3 Me”

I live in America and this is one of the best comments I have seen on RU-vid, right on.

LOL totally believable and understandable.

@@timloescher2728 Agree

I live in America but I totally agree. This place sucks!

@@jkpepedaefrogy its better than like 80% of the world bruh don't shit on america that bad

The most important quote in my humble opinion.

thats the gap, the closest it was, when he had all those baby boomers people, had jobs, people had money, people were happy, now those people are retiring and everyone is being stingy on hiring and pASSING down knowledge, remember when concrete used to be the best, then suddenly that recipe was lost and we have to use this downgraded trash, soon to expire concrete that even a sandstorm of 5 days could erode. The rich keep getting richer, because they are all part of the same community, destroy their community and they lose all of their shit, mind body and soul however will never happen because it could happen.

Exactly. That’s why we love Biden’s stimulus. We don’t care about inflation, I already have money. That’s why I am a Democrat, they keep my money safe. Print that money baby! While the poor and middle class tread water to survive off the stimulus, us rich, we just add that stimulus money into an artificial market. Due to all the QE, the poor and middle class are losing their purchasing power, while us rich were just added steroids with the QE. This sucks for poor people, but for me, Biden keep printing that money! I am baffled why my rich friends voted for Trump. As a Chicagoan, the Democratics always take care of your pocketbooks. And you are telling me they are just printing money?? 😌

@@mattheweraci5502 you aren't very good at pretending.

Then redesign this to benifit the ones who work the hardest....(i.e. Darwin's Natural Selection...O.G. edition!!!!!!)

Tuned in early tonight, this should help me sleep well

Yup.here we go.

Ah, the same comment you see on every one of his videos. Get a new thing.

🤣🤣😂😂😃😃😊😊🙂🙂🤔🤔😣😣😳😳☹️☹️😭😭

I started watching this after a sobbing session myself

Lawyers and accountants have lobbied for just that. Good luck. Positive vibes from New Hampshire and remember to be kind to each other and yourself during this pandemic and social crisis

That's the equivalent of "Just pay them off 4Head"

then why bother?

VBN

How did you survive that? Please tell us more.. I'm very scared right now

It's bcs it's thought of as something for people who can afford going bankrupt. like everything else in the US nowdays. If you have money nothing is ever an issue. If you don't have money everything becomes an issue. And the states punish people who don't have a lot of money. Often by making them pay even more. People are met by this word expectation that you haven't paid just bcs you don't feel like it. You have the money sitting in an account, but you just don't want to pay it. And you are punished thereafter. There aren't this common sense understanding that many people simply CAN'T pay.. that you actually don't have the money.

I’m so sorry to hear that :(

My Aunt & Uncle owned the only lumber yard , the only furniture store & the only real estate company in their town + they owned their home & 2 cars outright. My Uncle got Cancer and died a long slow painful death ... Because of the Medical Bills my Aunt had to sell off all the businesses, both cars, take out a mortgage loan on the house and go to work for the people she sold the real estate company to as an agent . All that just to keep her husband alive just a little bit longer .

@@shydreamguyman4098 That's really fucking sad.

@@shydreamguyman4098 That is why instead of discussing making bankruptcy better we should be looking to fix the medical system. Its just ridiculous what they charge in medical bills and how little insurance is willing to cover.

@@minoxknoctis5851 how about both?? People also can go bankrupt for other reasons than the bad medical system. Its often but not always the reason

Thank you for your input. Once again, the state of things across the pond are simultaneously infuriating and perplexing to me. Hopefully this improves sooner rather than later. I'd like to visit the US one day :/

@@BigLord improvement? in the US? you’re hilarious.

@@freckledginger *sad laughter noises*

@@freckledginger Doesn't it hurt to think that?! We're supposed to be the greatest country on Earth (it's a blanket statement, not my statement). Tell me what makes us the greatest again? 🤔🙄

@@BigLord Wait for a miracle 😓

Agreed b

I live in Italy and still love the show so much, I don't do nothing with the info but a bit of sorry for the americans who have it hard

Me too

Same

The only f’n reason. Off next week??? Damnit

Lol, no! I'm not laughing at your misfortune, sorry you had to go through that but your Dad is a piece of work. Talk about pot, kettle, black.

I don't have that restraint. Good for you.

My thinking is on bankruptcy is, "You guys were dumb enough to lend me this money so this shouldn't surprise you if you'd done your homework." Debtor's prison doesn't exist anymore, so just tell creditors to piss off and block their number. Your credit rating will reset over time.

I’m just now starting to file and my family will disown me. Full stop.

@@CrashBandiscoot crazy. I am happy to live not in America.

Welcome to the Plutocracy

If that happened, America might spontaneously turn into Finland or Switzerland, where political accountability runs hand-in-hand with citizens demanding a higher standard of governance.

Like literally all the other democracies in the world! Imagine!

In fact as long Filibuster exists, no need to worry of running out of bullshit

@@Smarterthandumber well not ALL democracies. North Korea is technically a democracy.

That’s fucking brutal

You only need a co-signer if you’re getting loans that are not federal loans. If you only receive federal student loans (not PLUS loans) you have no co-signer and a cap on what you can borrow based on your year in school.

My dad and I focused on getting those private loans paid off first for that reason. Now I’m stuck paying the 30k plus federal loan but thank goodness my dad is off the hook. Mind you, been trying to pay this for like 12 years. Ugh. Barely paying the fuckin interest

Stop taking out loans then. What is wrong with you that you believe you can borrow money for a better future and then when that doesn’t work out the person who loaned it to you was a bad guy

Another fun fact: being a young adult who needs a co-signer on loans also completely screws you over at every turn when your parents have filed for bankruptcy. I lucked out by getting into a school with comprehensive financial aid, but if I hadn't done that, I wouldn't have been able to go to college _at all._ Then after graduation, I couldn't buy a car or rent an apartment because I had no credit history and still no one to co-sign for me. Things are better now because I've also had good luck with my job, but it's a different story for my brother and many of the people I graduated high school with. The world is just built to keep the rich rich and the poor poor.

Wow, that should be on a tshirt. It goes without saying, of course, but it shouldn't be that way.

I just graduated from my master's degree and the pressure is on me to get a job and they raised the idea that if I can't get an entry level position in my field, I should just go to Walmart or something. You know how demoalizing it is just entertaining that option.

@Umbrella Corporation Why do a$$holes assume that people who have student debt don't know that? It's not like we have a time machine to go back and change the past!

@@lyreparadox the sick thing about it is that if you went to Walmart over college, then you'd have people telling you that you're wasting your life.... 🤪🙄

@Umbrella Corporation I'd say, at the start of my career, my degree felt pretty worthless. But as I built up more job skills and experience, it helped me secure better paying jobs as part of the qualifying process. But the debt burden is simply not worth it. Even though I'm fortunate for it to not affect me as badly anymore, starting my young adult life with the debt was flat-out hell.

I wish you could do a Canadian bankruptcy version of this episode.

Same.

"See, the problem is that you are trying to maintain yourself alive. That kind of reckless behaviour will lead you to debt"

@@lenon3579ify There was a lady I talked to once who had a life threatening illness that required maintenance to keep her alive. It was that mix of 'not immediately life threatening for a short period of time' enough that the ER is forced to help you and 'survival is too expensive for you to afford' that just straight up murders the poor in America. Like how diabetics need insulin. So what she did was she was taking out student loans so that she could get enough money to afford her medical treatment and just... Go to school aimlessly. She had no intention of paying it back, and the moment the student loan people stopped paying her, she would die from this medical thing. She was getting food and housing by volunteering for what amounted to a communist organization. She planned to fight capitalism until it inevitably killed her. What else was she supposed to do? And this communist organization doesn't have wages. They feed her and house her and clothe her in exchange for her labor. She doesn't own any property. The only personal property she really has are her clothes, toothbrush, and phone. So how are the loan sharks going to garnish a wage she simply doesn't have? The only problem is that the communist organization is too poor to afford any kind of non-volunteer/non-pro-bono medical and legal help. She was extremely educated, intelligent, and was an excellent organizer and leader for this communist organization. If medical and school debt weren't things, she probably would be a contributing worker bee for capitalism. It's bizarre to me that capitalists push people into corners like that. They could have their cake and eat it too if they just made sure that people could survive in some minimal level of comfort. They could steal all the wealth of the world and be filthy rich with everything they could ever want if they kept workers minimally happy. Instead, a large chunk of Gen Z is communist, and older generations are starting to be openly critical of capitalism. At this rate, it will crumble before Gen Z has grandkids.

And then they're shocked when the birth rate plummets.

@@aldenheterodyne2833 Nice story, but that's not how student loans work. It is also not how healthcare costs work in the US. You also clearly do not understand what communism is.

Alden Heterodyne was it a communist or socialist group?

The muddy earth is my coffin.

Yep, fuck coffins. Ain’t gonna charge my family for me death.

I'm sure the laws make it so your student loans must get paid before you can spend a dime on final arrangements. Of course your living heirs will get offers to finance your funeral expenses with an installment loan that only charges 26.99% over prime.

Just toss my corpse into the ocean.

Don't know if you're serious but there's a mortician RU-vidr who talks about the different ways you can dispose of your body as well as laws and things you have to sign. Ask A Mortician.

It’s not permanent, everything eventually falls off your record, bankruptcy can be wiped from your record in 7 years I believe

@@ryanwallace983 But thats 7 yrs of hell trying to rebuild your credit, meanwhile businesses can either liquidate their equity and reinvest it back into their company with no consequences or get new loans and go right back into major debt. Those options would never be available for avg joe

@@madgreek253 I agree it’s hard, I don’t know who will give me student loans when I ask in the fall I co-signed a loan for a friend and got burned, I haven’t declared bankruptcy but that loan will follow me until it’s paid off completely, one way or another It’s already tanked my score from 700plus to under 600 So I get the struggle, I’m lucky, I have a girlfriend who makes enough money to support me and her at the same time and put money aside, that not something most can claim But the fact remains that it’s not permanent, avoid debt like the plague and live exceedingly lean and you might make it thru

@@madgreek253 and companies have similar options to personal bankruptcy, complete liquidation or reorganization of debts, it’s not so different, the only difference is that if a company folds, the debt is tied to the company, not an individual (ideally) so a person can start over

@@ryanwallace983 you can sue your cosigner

Another reason to go to Canada? Sign me up.

A quick change of phone number should help stop that.

In mother Russia debt runs from you

But you had to give up living in the greatest nation on earth 🙄 Instead you have to live in this shabby Canada and can’t even go down to the local Walmart and buy an AR15

@@craigiefconcert6493 And people say one cannot write sarcasm. Well done!

No actually, the system has been twisted to where the whole point is that it's not criminal

What a sight it would be if US citizens left in droves post-highschool as protest to the current debt-fueled education 'industry' in favor of the EU for a practically free secondary education... Not so sure people over here want so many of us though 😄

This comment needs more likes

ah yes but most people still find reason to hope that they can escape poverty and that idea makes others richer

Slaves cant have debts. Did someone tell you they do? Tell you them do when theyre acting like theyre something from fiction and/or tortured into appearing to possible be?

America, fuck yeah! Here to save the motherfucking day, yeah! /S

Bankruptcy from the national disgrace called AMERICIA HEALTHCARE!

@@rainbowfranklin I think you took the wrong lesson from that story. What she should have done is stayed single, got a finance job and spun money around in the "value turbine" and made a billion dollars for her boss instead.

'merica!!! F*ck Yea!!!! This is 100% what I would expect from Bo Jiden. Those poor rich people..... You don't know how hard they have it.

@@rainbowfranklin I know you were being sardonic in relating the Conservative perspective which is the equivalent of them playing the world's tiniest violin for people with sob stories and preaching AT them about self-reliance...while of course applauding business and corporations that enjoy exploiting bankruptcy laws which use taxpayer subsidies to buoy their profits for which they duck paying taxes on.

Stay positive, just not too much

#TRUMP2024

@@super8mmo L O L

And here in Europe I need to be depressed, anxious and well informed for you guys for breakfast.

9 am, perfekt time to get depressed in home office!

I sincerely hope you are doing better today.

Bankruptcy is fictional. You Mom was abused and/or tortured into behavior lied about with that/other fiction?

Robert Herjavec. He's a gem.

O'Leary tried to become Prime Minister of Canada a few years ago. Even the hard core right wingers didn't want anything to do with him.

@@toomuchtimeonourhands2891 Untrue, Maxime Bernier was simply the more established right wing choice that year. O'Leary could win now. But he's too flighty.

@@vikakremer1688 Maxime Bernier wasn't the "right wing choice". He was a spoiled brat who threw a temper tantrum and started his own party after he lost the Conservative leadership race. And his "new party" folded after one election because even the hard right wing was like, "nope, he's too batshit crazy even for us."

@@gailcbull And now he's traveling around speaking at anti-lockdown protests -.-.....

What the actual fuck...

Some people got the qhoosh on autopilot

well, you could always do some crime and go to prison. If you're really sick, they are forced to give your medical treatment. ;) (but they aren't forced to give you good medical treatment though...)

@@Robbedem I was going to make a joke about having cancer so bad that you have cancerous lung-tissue growing out of your eyeballs and a prison doctor just giving you a used, off-brand Band-Aid for it; then I realized, that is probably something that has actually happened here.

Hah! My doctor told me I was getting old and to quit my good paying, with benefits, job. I retired from the job. A**H***! I did file bankruptcy, once. Child support put me in that position. (I'm a woman and that's another story}. Since then, no credit cards. If I don't have the cash for it, I do not buy it. I'm not the worse for wear for it, I have everything I need. It's been 20 + years now

Because

That's heartbreaking!

Suze Orman thinks your mom is a bad person.

"wOw sO rEcKLLeSs" seriously, fuck the us

America!!!!! Land which fucks the poor and middle class and defends the rich!!

Thats cold

life in Australia after a month in psych hospital for no charge whatsoever I was given a psych disability pension for life with free weekly counselling why can Australia afford and the US can't?

@@anthonykenny1320 taxes, and better distribution of taxpayer money

I'm in a similar situation!

I believe that there are techniques that can be implemented for consistent returns regardless of the state of the economy or the market, but advisers or investment gurus with experience after the 2008 crisis often carry out such implementation.

The issue is most people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt, no offense. In general, invt-advisors are ideal reps for investing jobs, and at firsthand encounter, since Jan.2020, amidst covid outbreak, my portfolio has yielded nearly 300%, summing up to 7-figure as of today.

@@AbdoolLogodesign I need a guide so i can salvage my port-folio due to the massive dips and come up with better strategies. How can one reach this advisor?

I've shuffled through a few advisors in the past, but settled with 'Julie Anne Hoover' her service is exemplary and she's a genius in portfolio diversification. I'd suggest you research her further on your browser, sure you'll find her basic info.

@@AbdoolLogodesign Appreciate this recommendation, hopefully I can get some insight to where the economy is headed and strategies to beat inflation with when I hear back from Julie .

Dang. Can't get rid of trolls at all. I've reported the F*ck me troll over 100 times and it still shows up. Anyway, I had a good laugh over the "Now You See Me" thing.

@@sophierobinson2738 I've noticed that spam accounts have gotten out of control recently. I've seen them in about half my recent comment reply notifications

z beeblebrox Too busy demonetizing channels that say one wrong word.

If thats your takeaway from this 21 minute video, I am at a loss for words.

@@cthulhupthagn5771 How dare they enjoy one of the jokes!

Yeah well when Government hands out money to schools, they jack up the tuition and build new stadiums.

I was thinking the same thing.

It still better than countries who do not offer bankruptcy protection.

Again, colleges fucked you over, they saw government money and raised tuition fees, wanna know where the money goes; look at that beautiful new campus.

@@carlosrivas1629 Colleges have had their budgets slashed for decades. The money you think they have been getting from States and the Federal Govt (through the State) has disappeared. THIS is why Colleges have raised tuition. They aren't getting the money they used to from the Govt. Your answer is actually backwards. Thanks for trying though.

describing johns movement as “bopping around” is so good

Michael: "Why are you the way that you are."

Yeah I very much expected them to put this somewhere in here

Michael would definitely pick article 13, keep his stuff, and pay off the debt without defaulting, through guidance by Dwight.

imagine if caleb crawdad said that ....

Assuming you have the money to take a massive company to court... Which if you are filing bankruptcy you certainly don't. And a criminal case vs the driver wouldn't do anything either. And if they are driving that van they most likely are about as poor as you are and suing the driver again... doesn't do anything. It's a very expensive situation, getting justice from a large company in civil court.

You can get the penalty waived if it's your first brush up with IRS....you can still do it If it's less than 3 years since you filed this return...It usually pays to hire a good tax person in these situations

@@jcman240 I hired a tax attorney. The best she was able to do was get me on a repayment plan.

@@usgatordid she mail a letter in requesting abatement of the penalty and you got a letter back from IRS denying abatement? I don’t know particulars of your situation, but IRS automatically waives penalty for 1st time offenders no questions asked… if she didn’t do this for you, then you may got hosed

@@jcman240 I’m not sure what all she did but the penalty wasn’t waived. I guess I got hosed. Figures, that’d be my luck.

unreal😡

😔

Aka...capitalism...but he can’t say that part

@John Hernandez this is an argument for better government. government must exist to uphold the greater public good; by force if necessary. taxes build roads. taxes could be used to build a better society, too. unfortunately our government exists purely as an egotistical expression of the individual rather than an ideal institution which is above such petty concerns... and so here we are...

Has always been, man. Has always been.

Capatilism Fuck yeah! (yes i am being sarcastic)

It pretty much is though. Excuding short term exceptions. The labor shortage in the construction industry alone is insane. Plenty of entry level positions open.

@@NuttyElf interesting. And what is the qualification level (ie how much does the training cost?) and what are the wages for these positions?

Legally speaking, the requirements are to be able to lift 50 lbs, pass a physical, and (if industrial construction) pass a respirator fit test. Realistically, though? You have to be able to lift 100+ lbs, able to keep your mouth shut about OSHA violations, willing to accept your employment contract being violated, tolerant of casual sexism and racism, politically conservative or quiet about your beliefs, and ignorant of your coworker's wages. Many construction jobs are barely over minimum wage, so you also have to be willing to destroy your body for entry-level cashier pay. I worked as an industrial electrician for ~3 years, and I made 17.50/hr. That sounds decent, but when you actually calculate the cost of living around my area, plus bottom-of-the-barrel-yet-ACA-compliant insurance, I was nearly in the red. I couldn't afford a new car or newish used car, couldn't afford upkeep on an old car, had to work out whether I could afford gas to get to work this week (because my old car was NOT fuel efficient) or if I needed to "borrow" from family that I couldn't pay back... It was a mess, but my parents let me live with them. I paid them rent and a single household bill, finished community college (which they mostly paid for), and finally had the qualifications for a better paying industrial job (I&E). Sure, I'm well off now, but I would still be in a hole if it wasn't for their financial assistance. If I was shameless, I guess I could claim I was a "self made man" since I did get an education that led directly to my current situation. But there's the matter of the "small loan" of 3 years of ridiculously cheap living expenses, plus the peace of mind of knowing that no matter what, I would have a roof over my head at the end of the day. And that was all without a spouse or children.

@@gapkillercool thank you for this very detailed overview of work in this field. It shows that being poor by no means equals to being unemployed.

Yes. Accent work is distracting. I'd rather get Bad Hawaiian Keanu in Dracula than historically accurate Tom Hardy in The Revenant

Every time I crossed the road in high school, we'd make that joke

Haha, I know a dentist who paid off her student loans, bought her parents a house and a BMW for herself, after being hit by a city bus her last year in dental school.

Same when I was a student

"If a car wants to hit me then it better finish the job or wait for next month" is the point I'm at rn because god knows college would make me do exams if I was hospitalized for a car collision lol

This comes from the same urban legend rumor mill of the "if your roommate dies, you get straight A's."

when I heard that phrase, my first thought was "that's not gonna age well..." - the current interconnected state of the world is very pandemic-prone

It's not Johns optimism, the plaque, the Spanish flu, etc all happened around the 20'ies of the century.

@@likira111 yeah I figured it was a reference to the fact that the Spanish flu happened about 100 years ago, but I wouldn't be surprised if there's more than one global pandemic this century.

Definitely. The next one will be much, much sooner than the next century. With so many people in this planet and international travel, it's unavoidable. I sure hope I'm wrong, but the odds are not in our favor.

well it -is- was once in a century at the time

Business genius? Pbphhhhhtt;

😝

and informed!

Hallelujah

@An Capall Mór qqqqaq

@An Capall Mór Thanks An

If only they were funny.

It’s scripted

As compared to late night hosts that sit on their joke after finishing the punchline, even when we don't have audiences right now lol I appreciate the "if you heard it, you heard it" approach

The fact you included the raccoon whisperer makes me feel like life’s still worth living

Pretty much, especially with the other "Once in a century/generation" events that are currently happening

Well in Brisbane we had a hundred year flood about forty years after the last one so I don't know what's happening anymore.

I get more of a righteous burning rage

@Rob k

@Rob Keep listening to boot licking Shapiro brought to you by the Wilks brothers, they also find PragerU.

Gaslighting at its finest.

@Helen Pauls Exactly.

Those who are in charge aren't payed to fix it. Unless you got bookoo bucks in the US, you don't matter.

So true gentlemen so very true

Some people growing up and living in reality would go a long way too. Our education system turns out children and let's them make adult decisions that have irrevocable consequences, oh look, all the broken stuff is government run propped up by people too dense to stop voting for more government.

What do they care. They are rich.

@@nicholashaines4136 oh look the all the broken stuff has been created by the gop and dem centrists like biden lobbying for corporations. blaming gov't as a whole is plain stupid, blame the people who make these decisions. you're just looking to blame democrats, like every other uneducated conservative. gov't should exist to protect its citizens, not the interests of corporations. people like you would all too willingly hand over the reigns of this country to a board of directors with literally zero empathy and no regard for anyone but their super wealthy selves. drop your ignorant libertarian wet dream and wake the fuck up already.

Exactly my 1st thought 👍

Maybe say spoiler alert next time now I have to sigh instead of enjoying the video :(

he said it’s from the fact that he’s used to performing for empty rooms, back when he was doing standup in the uk

@@chloepeifly I personally feel it might also be something that has to do with him being British, even with a live public there was almost always a moment in which he made fun of himself (and at times the jokes he made about himself were harsh).

Sometimes the audience laughter just slows him down.

I think Colbert has beautifully adapted too. Can’t say the same about the Daily Show though, way too saturated with edits

He’s liberal so he goes with the flow - instead of being a wittle baby afwaid of anything new omg so scary what will happen to me me meeeee. I made it political.

Bankruptcy and paralegals are fictional things. NY, courts, etc. are also fictional. Are you being tortured, kept as a slave?

I think it's more like, "How can I personally profit from this person's misery?", which ends up actually making it worse. It could be total coincidence that all our lawmakers leave office multi-millionaires. Total coincidence...

@@AMortalDefiant it's almost like corporate runs America

"How can we make it worse for black people?" :v

@@thegrayyernaut by first making it worse for everyone, then giving us the bare minimum beyond that.

@@MajorMlgNoob not like..but corp does run America. We are the slaves

Wholesome

Link?

@@ubernerrd Search for James Blackwood - Raccoon Whisperer.

I love the Raccoon Whisperer. He's such a lovely fellow that feeds all the critters. Watching him feed raccoons hotdogs and cookies is a great way to de stress after a long day

Sounds like a wonderful human. Can we get a few billion more like him.

You must also have missed the part of the episode where John Oliver stated that Biden was instrumental in getting the 2005 law passed that made it much harder to declare bankruptcy, thereby helping credit card companies. Here I timestamped it for you: 16:50 Also, you must have really liked Trump's policies, since Biden is continuing with them i.e. immigration, stance on China, etc. And then there's the botched Afghanistan pullout that everyone was warning about -- nope, let's do Trump's plan with no amendments, that way when we screw it up and leave last minute and look like idiots, we can say "But it was Trump's idea!" not realizing that if it was such a bad plan, then why try to execute it?

@@oldmandoinghighkicksonlyin1368 Oh goodie, a faux progressive "both sides" troll. Are you on the Kremlin's pay roll, or just serving their interests pro bono? For those who still have two brain cells and a soul, its like this: Biden has a great many faults. But I'll give him this- he has shown zero interest, ever, in being a dictator. If he loses a fair election, there isn't going to be a mob trying to lynch Congress at his behest. Biden has one key virtue Trump never had- with Biden, we can always try to elect someone better. If Trump had won again, or if he or someone like him wins in four years, their won't be elections any more. Not ones where the outcome is ever in doubt.

@@antonbrakhage490 both biden and trump are horrible choices, id have rather elected joe exotic than either of them.

@@rhabbit4161 I hope Putin is at least paying you for posting that. Because I voted for Bernie in the primary, twice, but I am under no illusions that either Biden or Hillary is better than Trump on the grounds of not trying to overthrow the government and become dictator, and only people who want to keep Democratic turnout down or normalize fascism pretend otherwise.

Biden said that the Bankruptcy Bill was going to pass anyway, and that he never liked the Bill but fixed it from the GOP. He said that he voted for it as a comprise.

even better, the jobs that can pay you more are always out of reach because they're always looking for someone either more qualified or someone who's not overqualified, so the jobs you can get are the ones that just barely keep you alive

I know. Not to mention the cost and risk of switching jobs is enormous. Long story short, in 2003 I took a summer job that promised 40 hours a week, would pay $0.50 over minimum wage, and was close to home. But not only did they not even schedule me for 40 hours a week, any time business got slow they sent me home early because I had the least seniority. I quit after a month and went back to my previous summer employer that did give me 40 hours a week, but that month of reduced hours cost me in the neighborhood of $500 dollars. Fortunately I was a teenager living at home so no threat to my finances, but to someone trying to make ends meet on low wage work, that can be devastating.

or real! 😁😂🤣

“What’s that? You want us to pay you a more livable wage? Nah! Come back to us when you worked for us for 20+ years of excruciating labor, then maybe we will think about it.”

Why didn’t you? You chose the field you went into. You chose to spend the income you had- you chose to not have adequate savings and investments for an emergency.

Don’t let this distract you from the fact that woman don’t exist according to the patronizing cartoon equivalent

I still wonder every episode if he’s wearing sweatpants with the tie and jacket.

What I saw was Harry Potter without the scar.

@@viddork Imagine, a world in which John Oliver has magical powers...

@@dbone3356 Wait --- you mean, he _doesn't?_

@@viddork Ix-nay on the agical-may owers-pay. Trumptards might somehow accidently watch these videos and read these comments. Sure, they won't understand most of it, but we can't take that chance.

No one on the writing staff felt edgy enough for the Epstein one I guess 😒

@@adamchapman4447 he used that joke for like 5 episodes after that all happened lol

Cruise didn't use to be. But then the Scientologists got him.

Wäre es auch vermutlich, sogar ein wenig lukrativer.

True that, and your content opens up an interesting concept: "bank robbery" is when people rob a bank and "bankruptcy" is when a bank robs the people!

Is Chapter 7 similar to German "Privatinsolvenz"? Five years you can only keep the part of the wage you need for living and after that period you are "free" again. I guess they reduced it to three years meanwhile.

😂😂😂

From a distance

It does, but I've seen so many people live the bliss full life of "living paycheck to paycheck" in Norway. Bad economical sense and rampant loan is not just an American thing. I mean I was working as a grocery store clerk for 4 years I've seen so many clients and co workers complain about "being out of money" having to retract some items because they were out of money and had to wait for the next pay. My mom makes 125.7K a year and had 0 savings... At one time me and my other brother had to bail her out with 14k to escape "easy loans". Bad financial systems is all over the world it's far easier to get into debt then actually save, the temptations of "easy loans" is too far spread, last months I saw an add about "move all your debt to one place for easy control"... what they left out of the spoken ad was the fees and ridiculous interest rates of 34%. 6 years after bailing out my mom and becoming an adult we are finally looking into buying her a home, mind you last year she still had $0 saved and the only reason we are looking is because again me and my "other brother" are giving her 100k of our own savings. my "other brother" (aka my oldest brother) can't join because he has fallen into the same pit she did, quick and easy loans and marry into a rich family (so he has $0 net worth, but not in debt, but still the dignity not to ask his wife for money) It's not a flex or anything, it's more of a warning that easy loans are so common in every part of the world, even buying house NOW is kinda of a bad idea since I think the housing market is going to fall due to credit not being paid in the long run.

Before I watched this I had no idea the US had fallen so low. the impression they give to a foreigner is of a culture that had developed a system of feeding off like a bunch of crows to members of society that has fallen to their knees. Its a disgrace. Seems the country of freedom means freedom to behave in whatever shit way you please.

@@Iason29 What the hell are you talking about? He said 500,000 people go bankrupt in the USA. That is .15% of the entire population. Don't be so naive and gullible by American media. They make everything sound like it's a rampant problem the entire country is dealing with.

@@DoomFinger511 The US is ranked 22 in the world for median wealth per citizen, right behind Qatar and Taiwan. Median wealth has gone down by $65,000 per person in just 13 years. The median wealth per adult in the US is $65,900. If the US lost wealth at the same rate it did over the past two decades, the US would literally have the poorest citizens on the planet. This is the shitshow we're living with that's "not a big issue."

@@DoomFinger511 what the hell are you talking about? he said 1.5 MILLION people go bankrupt ANNUALLY in the USA and a decade ago it was 800,000.

Unless fox is getting sued then they claim thry aren't news and just entertainment...

Fox is certainly sensationalized and bias, but the fact that you consider John Oliver's single minded 20 minute video about a topic people spend years studying to be "in depth" is unfortunate.

Actually, that’s pretty accurate. Every 100 years or so we get a major pandemic like that.

@@jendubay3782 I understand that. That’s why I used the phrase “shows my state of mind” indicating that I am seeing unlikely worst case scenarios.

@@jendubay3782 we are seeing more outbreaks of zoonotic diseases however. The lack of conservation and safe resource extraction is slowly causing for more of these diseases to jump into intermediary species, and into us. Humans are entering environments in which we would have never entered 100 years ago. While yes, it’s a rough trend to say there are major pandemics every 100 years, there is substantial evidence that if we don’t change some of our practices the frequency of epidemics, and further pandemics is going to rise.

Especially after they did the episode called "the Next Pandemic."

@@jendubay3782 Except the things that cause pandemics, like exploitation of natural habitats of the animals that carry these diseases, have increased exponentially over the past hundred years. We've had other major pandemics in the past 100 years. Just look at AIDS, that's a HUGE one, and started with a chimp. Avian flu, Zika, Swine flu, all in the 21st century. The fact that they didn't affect the US as much doesn't erase them.

🏆Trophy unlocked

@Ptao Tom That was filmmaker Michael Moore. Not sure what point he was making, but I'm sure he was up to something that would antagonize the republicans.

Late-stage capitalism is a cruel joke.

Capitalism is an unstoppable beast, but it works. We told it "profits" and it just roared and got the job done. It stomped all over people in the process. If you take the framework for capitalism and replace "profits" with "human wellbeing" you'd have all the power of the strongest beast and you'd be directing in a way that never made sure the most expensive thing you could be is poor.

@@dionmcgee5610 James Blackwood isn't Michael Moore?

You left out Zucc being an android

"One of these things is not like the others. One of these things is false"

@@LoganHunter82 Yeah it's that water is wet.

@@darrienjones8917 😉

Yeah, why do they cut it out for RU-vid? They do their money here.

@Fiqih Wanita Can you stop putting your video in every fucking comment.

@@lassmalgehen2803 86% of HBO's revenue comes from subscriptions to their premium cable channels. Nobody is making much from posting these on RU-vid, it's borderline charity.

@@diegorincon4673 click: Report > Spam

XCV

I just wanted to say that your (and others) comment got copied by a bunch of bots and repasted here multiple times lol

?? He usually says, "Welcome, welcome, welcome~!" at the start. This is the latter portion of the episode. So... that's how you should greet people.

Classic, one of the best shows ever

He didn’t just say it, he declared it.

That was hilarious 🤣

Let me guess... USA?

You love to see it

@@calebrobinson6406 a family member of mine had to file bankruptcy due to medical bills. Had insurance 100 percent coverage but went to the wrong hospital which wasn’t covered. You literally have to know your network of doctors and hospitals. Cause if you go to the wrong one your fucked

As a European I know so many people with serious medical issues, I myself was in therapy for 2,5 years. Just thinking that these things could ruin your life financially is wild to me. It’s easy to take healthcare for granted. Last week tonight really puts things in perspective

@@TheDonutMan3000 You have no idea how much I wish American health care didn't suck so hard. It ruins lives.

I have cancer and I'm watching my account drain to nothing. Years of hard work down the drain. I guess cancer is my fault and I should have started a highly profitable corporation. 'Merica. Gotta love it.

@@jacobfromallstate4963 just move to Canada.

@@jojo7323 I'm in the southern US. That move would cost thousands

Regular people should never go bankrupt, but is seems to be just fine for tRump to declare bankruptcy multiple times and his worshipers just don't care. I guess it's good to be rich (or a reasonable facsimile).

People SHOULD never go bankrupt. People SHOULDN'T end up having to pay hundreds of thousands of dollars in medical bills. Things are not as they should be.

I was hoping he was going to button up to match!

Even funnier though is the fact that *all* he had to do was choose the right colors of shirt and tie 😂

HJKRTRT

As a German, I'm surprised just how strongly and unapologetically the American system is geared towards the rich and ruthless. People are getting fucked over in ways that are unthinkable here. Germany is far from being perfect - companies and rich individuals hold too much power over here, too. And don't get me started on the bureaucracy... But if I had to file for bankruptcy tomorrow and got into a car accident next week, after which I'd need months of physiotherapy and copious amounts of drugs, it wouldn't ruin me financially. In fact, I wouldn't even get to see the bill. Our system is build on the idea that healthy and content citizens are good for _everyone_ - private companies included. Americans pride themselves on their individualism and freedom, which is fine. But Germany and many other nations are build on very similar values. It's just that we also recognized that the rich and powerful are bound to use any opportunity to fuck people over, so we created laws to prevent the worst outcomes. Just btw.: the first line of our constitution reads "Human dignity shall be inviolable. To respect and protect it shall be the duty of all state authority." and is followed by this line in article 2: "Every person shall have the right to life and physical integrity. Freedom of the person shall be inviolable."

@bilij pdan perhaps they'd done that to him before, and he didn't want it to happen to him again.

You need at least 3 jobs.

@@Odbarc I have 2. If I can get paid doing my hobby (drawing) that could count as 3.

@@Odbarc Democrats won so by 2024 you will need 5 (and possibly have none)

@@TheBayzent that is some intense bias

HOLY HOLY!!! I can proudly say that I have the two HOTTEST women on this planet as MY GIRLFRIENDS! I am the unprettiest RU-vidr ever, but they love me for what's inside! Thanks for listening aur

@@AxxLAfrikuwat

@@AxxLAfriku u wot mate

@@AxxLAfriku I mean good for you but what are you on about

Axxl is a bot dont mind it

The other day I saw someone demanding the next Fast & Furious movie be called 'Fast10 Your Seatbelts', and when they fail to do that, me not watching it doesn't seem like nearly enough of a statement of my disappointment to them. I mean, partly because I've only seen the first one and wasn't going to watch it anyway, but still.

2

Adding confusing paperwork that requires professional accountants and lawyers to figure out is an easy way to discriminate against the poor without saying the quiet part out loud

Cool. I have two racoons around here and they scare me. They eat all the cat food. Nothing scares these buggers and they're huge o_O

YES! Thank you for giving James his credit! His RU-vid channel is one of my favorites

I've never watched it but the podcast let's make a music mentioned the raccoon hotdog channel in a recent episode so lowkey same

Do not google search James Blackwood.

You should Google "racoon whisperer story" and watch the video that's 11:45 long

It almost feels more appropriate this way. Like gallows humor. Funny, but in a silent, dreadful way

yes, that and the background void show a lot sensitivity considering these times.

@@z-beeblebrox its way more honest this way. If you are a grown adult laughing along with a laugh track then you are a moron. Not you beeble, in general.

It’s better, it’s like why The Office is funnier than because there’s no Laugh Track and great shows with laugh tracks like Seinfeld or Friends we classically more sitcom’y but dated because of it. Real studio audience with great senses of humor and laughter is great but canned audio audiences is not.

Because it reflects how not funny these Instagram writers really are.