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Tag Archives: Tacoma Bankruptcy

Chinese Curriculum: Plenty of math and science – with English taught from the first grade.

Thanks to DAvid Barboza of the NY Times for his December 30, 2010, article, page A4 "Shanghai Schools’ Approach Pushes Students to Top of Tests".

Zhou Han, age 14, studies the erhu (pronounced R-hoo), a classical chinese instrument something like a large violin. She has a math tutor. She entered writing and speech making competitions. She started studying English language in the first grade.

Her school operates from about 8:20 a.m. to 4 p.m., and attends extra credit courses after school or on Saturdays.

She attends Jing’An middle school, affiliated with Jing’An Teachers’ College in Shanghai, China. This is arguably the best middle school in China.

It a test of math, reading comprehension and science ability, 5,100 Shanghai 15 year olds outperformed students from 65 other countries. American students came in between 15th and 31st out of the 65 countries in these catagories.

"Discipline is rarely a problem", said Ding Yi, vice principal at the Jing’An middle school.

There is a complaint that the Chinese public schools emphasize wrote learning and preparing for tests, according to Jiang Xueqian, deputy principal at Peking University High School in Beijing, writes the NY Times’ David Barboza. Mr. Jiang would like to see more emphasis on critical thinking, curiosity and independent thinking.

http://www.nytimes.com/2010/12/30/world/asia/30shanghai.html?scp=1&sq=Shanghai%20Schools’%20approach%20pushes%20students%20to%20top%20of%20tests&st=cse

Never be unemployed again – Spanish speaking Anglos (caucasians) are always in demand.

Over 40% of New Mexico’s population is hispanic, with many speaking Spanish as their primary language, according to The Economist magazine, September 11, 2010, pg 35 "The law of large numbers: the hispanicisation of America"

Similarly, 30% to 40% of the population of California, Arizona and Texas is latino.

Suprisingly, 10% to 20% of the population of Washington, Illinois, Oregon, Idaho, Utah, Illinois, New York, Connecticut and New Jersey is also hispanic.

Many hispanics tend to prefer Republican politics as of late, but anti-immigration sentiment is pushing many back towards Democratic candidates.

Now, human migration is something that is difficult to contain. Eventually, people just migrate. Fences, attack dogs, barbed wire, guard towers and infrared equipped helicopters may slow down migration, but eventually, if people have to move they just move, is my take on the matter (you are free to disagree!).

In late 2005 (contemporaneous with the birth of my first child) I decided to "fix" my Spanish abilities. Learning Spanish will make you "recession proof", I believe. I think that a bi-lingual person will always be able to find employment, even if not "translator" fluent.

Spanish is a wonderful language. I often now prefer to speak Spanish. It is logical and regularly follows its own gramatical rules. It is straightforward to spell and write in Spanish. I like to say that Spanish promotes literacy, whereas English almost discourages literacy.

Here is my recipie for Spanish:

Spend one month in either Antigua, Guatemala or Granada, NIcaragua, studying four to six hours per day, one on one with a teacher at Ixchel Spanish School (Antigua, Guatemala) or Roger Ramirez’s One-on-One Tutoring, in Granada, Nicaragua.

Usually, it is about $100 per week for twenty hours weekly of one-on-one teaching, or about $150 weekly for six hours daily totaling 30 hours per week. This is really the best way to learn.

You can arrange (sponsored and arranged by the school) for room and board with a local family, wherein meals are usually provided six days per week, breakfast, lunch and dinner. The cost for room and board is usually $75-$100 per week, room and board (no joke! it really is that inexpensive!). However, you should tip your homestay family and your teacher at the end of your stay maybe 10% to 25% of your expenditure, but tips are not required.

If you are a big eater, or want a bit more meat, you can arrange to pay a little more to your family, or supplement a bit by eating out.

After you return home, you should search out a local tutor for weekly two hour sessions for about a year. I would write short stories in Spanish, and then my teacher and I would correct and re-write the stories.

You should also subscribe to National Geographic in Spanish, and force yourself to read every issue and define the words you do not know, writing the definitions in the margins.

For fun, you can pick up "people en espanol" magazine.

Pike Place Market in Seattle has a newstand which usually carries a nice selection of foreign newspapers. ISimilar my use of "people en espanol" magazine, I used to buy one every month and read it – looking up and writing in the margins the definitions to unfamiliar words.

I know that many of the readers of this blog might find this far-fetched – after all, there are mortgages and car payments to pay and if facing unemployment, funds can be thin.

However, I can think of no schooling course or training course which will help you to better "stand out from the crowd".

Anglos (caucasians) who can speak Spanish do so well in the workplace and interview process because they are not "immigrants" to the American way of doing things. Spanish speaking Anglos fit well into business organizations and understand employers’ expectations and can provide nuanced service. Clearly, an immigrant speaking Spanish as a first language and later learning English can learn to fit well into an enterprise, but Enlish is so darn complicated and hard to read/write that immigrants struggle with English.

Spanish is a great language – it has a huge and rich vocabulary, and can express many things better than can English.

Challenge yourself to meet the demographic demands of a changing America – learn Spanish – you will never regret it….and say goodbye forever to the unemployment line.

Credit Cards: Additional things to think about before getting a new credit card – Preventing trouble

I have another post "Credit Cards: Things to think about before getting a new card…"

But here are four more things to think about – and probably these are the four most important TIPS anyone can offer when obtaining a new credit card.

– Look for the grace period – Credit cards DO NOT HAVE to offer a grace period during which you can pay off credit purchases (paying it in full) without incurring finance charges. Note that cash advances usually don’t ahve a grace period. Without a grace period, finance charges begin accruing immediately and a low rate may actually be higher than it looks.

Under the new CARD Act of 2009, lenders must mail your credit card statement at least twenty-one days before the end of the grace period. Of course, a grace period that is even longer is more beneficial. If you are running very close to the deadline, you might consider paying, at least for that month, over the internet or by phone. Under the new CARD Act, a lender can only charge you for paying by phone if you need the help of a live customer service representative.

-Watch out for bait & switch offers – Some credit card leners will send you an offer advertising a low-interest credit card wtih a high limit. However, nestled in the fine print in the offer is a less attractive, more expensive card if you don’t qualify. The substituted card often has a higher interest rate, more expensive fees, and/or a lower credit limit. If what they send you is not what they advertised to you, send the card back, certified mail, return receipt requested, along with a letter explaining your rejection of the card.

-Review and compare – BEFORE you send back the credit card application make a photocopy of the front and back of the application including the "disclosure boxes". When you receive the credit card, then compare the new disclosures you get with the card to the credit card application disclosures and make sure that they are the same.

-Cancel the credit card if you discover terms you don’t like – You don’t need to keep a credit card if you don’t like the terms. If the lender changes the terms for your card, you have the right under the Credit CARD act to reject the changes and close your account. If you have used the card you need to pay off the blance.

Many thanks to the National Consumer Law Center’s "Guide to Surviving Debt", available at www.consumerlaw.org for only about $20.00. You should also consider taking a look at our sister website www.life-after-bankruptcy.info.

Unemployment up in two-thirds of metropolitain areas re: November 2010

Unemployment rates rose in more than two-thirds of the nation’s largest metro areas in November, a sharp reversal from the previous month and the most since June.

The Department of Labor recited on January 2, 2011, that unemployment rates rose in 258 of the 372 largest cities, fell in 88 cities and remained the same in 26 cities. That was worse than the previous month, in which rates fell in 200 areas.

Areas with weakness in the housing market are seeing growing unemployment e.g. California, Nevada, Florida and Georgia. Las Vegas, Atlanta, San Francisco and Miami also saw increases in unemployment.

November 2010 unemployment rose to 9.8% from 9.6% over October 2010.

Many laid-off workers are giving up on job searches.

Washington may have made some small gains during this time period, but remains at 9.2% unemployment for November 2010.

We Emphasize Washington State Bankruptcy Law

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If you are in debt and are considering filing bankruptcy in the State of Washington, we have assembled a great deal of useful, free bankruptcy information for you. We recommend that you start on the bankruptcy basics page.

We offer appointments in Tacoma, Renton, Olympia, Chehalis, and Bremerton. Evening appointments are available on Monday, Tuesday and Wednesday by prior arrangement. Please click the link to our contact page for telephone numbers and directions to our offices.

If you have decided to proceed with bankruptcy, we have prepared a bankruptcy form that will consolidate the information necessary to file your case. Please complete the bankruptcy form and bring it with you to your consultation appointment.

In order to file your case with the Bankruptcy court, you must complete the first of two mandatory seminars. The first seminar is entitled, “ Pre-Bankruptcy Credit Counseling“. You may attend both of the seminars either on-line or via telephone. We describe both seminars for you on our site; please read the explanation and instructions on our site completely before contacting the seminar vendor.

Our site contains an easy to understand guide to the differences between the various bankruptcy chapters: Chapter 7, Chapter 13, and Chapter 11.

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Your choice of bankruptcy attorney is very important to the success of your case. We discuss the benefits of choosing the James H MaGee firm as your bankruptcy attorney on our site.

If you are a creditor with questions about how bankruptcy will affect a debt owed to you, there are creditor resources here for you.

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Auto Sales in trouble (again!) likely never to regain 2005 peak of 17.4 million

Buyers are only just easing back into the market, reports the Seattle Times, January 5, 2011, page A-7.

Auto sales peaked at 17.4 million back in 2005 and dropped to 10.6 million in 2009. The peak was fueled, in part, by big incentives – like employee-discounts-for-everyone schemes popular in 2005.

GM vice president of U.S. sales for GM Don Johnson says GM expects sales eventually will creep back to 15 or 16 million, but not much higher.

The average vehicle on the U.S. roads is now 10.2 years old, the oldest since 1997, and a full year older than in 2007.

Cars made up 49.8 percent of sales in 2010, while truck sales made up 50.2 percent,a nd trucks and SUV sales keep growing: in December 2010, they were 54.3% of total sales.

Credit Report Nuts and Bolts, Part 6 of 6: Who can see your credit report?

Creditors – can look at your report whenever you apply for credit, such as a mortgage, car loan, or credit cards.

Employers – can look at your report, but only under certain circumstances and only if you give them written authorization. Employers are allowed to look at your report to evaluate you for hiring, promotions, and other employment purposes – but I understand that it is done only with your permission in most states. A few states, such as Washington and Hawaii, have banned employers from using credit reports unless a good credit record is related to a job’s qualifications. (I will try to blog on this Washington state law in a later post)

Government agencies – some can look, but only if searching for hidden income or assets – usually only certain agencies can do this such as those trying to collect child support.

Insurance companies – home and auto insurers now use specialized credit scores to decide whether to issue you a policy and how much to charge for it.

Landlords – when deciding whether to rent you an apartment or home.

Utility companies – when deciding how much of a utility deposit (if any) to seek – but not in deciding whether to extend utility services.

Student loans – Usually, I am told by the NCLC’s Guide to Surviving Debt, that a credit score is irrelevant to obtaining government student loans, but it could be a factor in obtaining private (not government guaranteed) student loans. There may be an exception though, for Parent PLUS loans wherein parents–or professional students such as dental, law school, and medical school students–are seeking student loans in order to finance a child’s education.

Divorce, child custody, immigration, citizenship applications, registering to vote and other legal proceedings – your credit report should not be used against you, subject to a few limitations and circumstances.

Hola! The Hispanicisation of America – a major demographic and economic shift.

In December 2005, I booked a United Airlines ticket to Antigua, Guatemala. I had enrolled in an intense course of Spanish instruction. The course was one-on-one. One teacher, one student (me) for six hours per day, six days per week.

I resided with a wonderful Guatemalan family in their large home, studying for about eleven days. I returned in June 2006 for three weeks of study and studied similarly in August 2006, February 2007 and March 2008. March 2006-May 2009 I studied almost weekly for two hours with a wonderful Guatemalan lady, meeting every Monday evening, at Borders Books in Lakewood, WA.

Why?

America is turning hispanic. One study I read indicated that by 2047, Spanish would be the dominant language in California.

An interesting September 11, 2010 article in The Economist magazine was further informative:

Over 40% of New Mexico’s population is of hispanic origin.

30% to 40% of Texans, Arizonians and California are of hispanic origin.

20% to 30% of Nevada’s, Florida’s and Colorado’s population is of hispanic origin.

Washington, Oregon, Idaho, Utah, Illinois, New Jersey, New York and Connecticut have populations estimated at 10% to 20% hispanic origin.

Nationally, 16% of the population is now hispanic/latino, numbering 48.4 million in 2009. The Economist reports that the Pew Research Centre estimates that by 2050, hispanics will comprise 29% of the population, with caucasians declining to 47% of the population, and falling into the minority.

Julian Castro, the young Latino and Democratic mayor of San Antonio, which is 60% Hispanic, says Democrats should not take Latinos for granted. Castro points out that hispanics tend to support better public education and health care, but are socially conservative and religious, according to The Economist.

The Economist points out that even if you don’t see a large number of hispanics today in your area, things will change….The Economist points out that many hispanic immigrants are bypassing traditional destinations of California and Texas and moving instead to states such as Arizona, Georgia and North Carolina, which dollectively had 10% of America’s undocumented aliens in 2009, up from 4% in 1990.

Arizona’s "backlash" against immigration (known as SB1070) now partially blocked by a Federal Judge may have grown out of a "fear" of the minoritization of caucasians. Over the past two decades, Arizona’s latino population has almost tripled, with the majority of caucasians dropping from 72% to 57%.

Unfortunately, a University of Arizona poll found that 81% of the state’s registered voters favor SB1070’s requirement that people produce documentation to show that they are in the US legally, and that 74% agree that police should be allowed to detain anyone unable to prove their status.

This is misleading, though, as hispanics tend to lag caucasians in voter registration and participation, according to The Economist.

I have really enjoyed improving my Spanish, and I welcome much of what the hispanic culture brings. Some of my best friends are Spanish speakers – and I have found them to be generous and caring people, almost to a fault.

Fences, wires, guard dogs and towers are unlikely to contain human migration along the US border.

If you are interested in improving your career and your long-term marketability, consider learning Spanish – perhaps we would all be better off embracing – as opposed to retaliating.

I will make a post on how to affordably prepare yourself (and your children) for this century – by embracing Spanish.

Credit Cards: Part 2 of 2 – Things to think about before getting a new credit card – Preventing trouble

This is part two of a two part series. Lets face it, credit cards have all sorts of new enticing promotions. Frequent flier miles, "cash back" promotions, school contributions, etc.

Adding to the difficulties is that it is difficult to shop for a card. Fees and high post-teaser rates are buried in the fine print and not well disclosed.

Here are some additional things to keep in mind when trying to compare credit cards:

– BIG ONE! – Trick cards – A creditor who acquired a prior credit card lender may offer you a new card – and then trick you by putting the old credit card lender’s debt on the new card, perhaps at rates less advantageous than you were previously paying.

– Look carefully at the interest rate, but recognize that the interest rate can EASILY change. Note that after the teaser rate expires, there will likely be a new rate. Find out what that new rate will be.

– Penalty rates – Credit card contracts, including those that advertise low rates, provide in the small print that our interest rate increases if you make a late payment or go over your credit limit. There are two distinctions here. If you are 60 or fewer days rate, the new penalty rate can only apply to future cash advances and purchases. If you are more than 60 days late, the new higher penalty rate can apply to existing balances of purchases/cash advances AND ALSO it can apply to any new purchases.

-Fees – Find out how much you will be charged for all sorts of fees. Here are a few ideas. Late fees, over-the-limit fes, annual fees, membership fes, cash advance fees, balance transfer fees, even fees for buying lottery tickets.

This post is largely thanks to the National Consumer Law Center’s "Guide to Surviving Debt" a 2010 publication available for a mere $20.00 from www.consumerlaw.org. Buy it – it is a fantastic book.

Credit Cards: Part 1 of 2 – Things to think about before getting a new credit card – Preventing trouble

Lets face it, credit cards have all sorts of new enticing promotions. Frequent flier miles, "cash back" promotions, school contributions, etc.

Adding to the difficulties is that it is difficult to shop for a card. Fees and high post-teaser rates are buried in the fine print and not well disclosed.

Here are things to keep in mind when trying to compare credit cards:

-Avoid accepting too many credit card offers – There is rarely any good reason to own and carry more than two credit cards.

-Avoid "store cards" like Good Guys Video, Bon/Macy’s, Nordstrom, Sears and JCPenny cards – why do you need these? Is there anything at Sears or Nordstroms that is essential to your present daily life?

-BIG ONE! – Avoid subprime credit cards – Avoid credit cards which advertise themselves as helping with "bad credit". Some of these credit cards are "fee harvesters" with low credit limits and so many fees that you couldn’t even charge any purchases to the card because the card was already maxed out when the account was opened.

This post is largely thanks to the National Consumer Law Center’s "Guide to Surviving Debt" a 2010 publication available for a mere $20.00 from www.consumerlaw.org. Buy it – it is a fantastic book.