Tag Archives: broke

The Long Hard Fall of Olympic Figure Skater and Physician Debi Thomas

How does a World Champion skater, and Olympic Silver Medalist who is a Physician fail?

Debbi Thomas as we remember her –

Here a discussion of her appearing in Iyanla “Fix My Life” on Oprah’s Network…

How An Olympic Icon Ended Up Living In A Bug-Infested Trailer

Debi Thomas used to be a renowned figure skater and a surgeon. Now, she’s broke and unemployed.

From the time Debi Thomas was a young girl, she wanted to grow up to become two things: a renowned figure skater and a practicing physician. She did both.

In the 1980s, Thomas captured the world’s attention from the moment she got onto the ice. While studying for her engineering degree at Stanford University, Thomas won both the U.S. and World Championships. She soon set her sights on Olympic gold. Though her stumbles at the 1988 Olympics in Calgary cost her first place, Thomas took home the bronze and became the first African-American athlete to medal at any Winter Olympics. Then, after a successful figure skating career, Thomas went on to fulfill her second dream. She became a board-certified orthopedic surgeon, eventually opening up her own private practice in Richlands, Virginia.

Today, however, Thomas’ successes seem worlds away.

In between the Olympics and the World Championships, Thomas got married, but says the relationship crumbled after just three years because her husband felt lost in the midst of her popularity. As with her professional stumbles at the Winter Games, Thomas considered this personal stumble to be a failure. Then, more failures: As a physician, Thomas says her high expectations led her to go head-to-head with colleagues, and she was let go from two jobs. Though she had never really wanted to open up her own practice, she did. That’s when another divorce led Thomas to lose her nest egg, she says, and she soon had to close her private practice after two years.

Thomas is currently broke, jobless, twice-divorced and living in a bug-infested mobile home in a trailer park with her fiancé and his two sons. She even lost custody of her own 13-year-old boy, and her fiancé struggles to control both his alcohol use and his anger. Thomas knows it’s time to turn her life around, so she asks life coach Iyanla Vanzant to help her face some harsh truths on a path toward healing….Read the rest Here


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Anti-Obamacare Litigant Goes Bankrupt – Owing Medical Bills

“Ain’t nobody going to force me to get no healthcare insurance!”

Ain’t nobody going to bail your dumb ass out from going bankrupt either.

I just spent several weeks in 2 Hospitals. The bill for the first one, in which I stayed 3 days was $61,000. That is a formidable bill to have to cover out of pocket.

These dumb arsed Republicans let their racism get in the way of common sense.Indeed they want to screw the whole damn country because Obama is President.

Plaintiff challenging healthcare law went bankrupt – with unpaid medical bills

Mary Brown, a 56-year-old Florida woman who owned a small auto repair shop but had no health insurance, became the lead plaintiff challengingPresident Obama‘s healthcare law because she was passionate about the issue.

Brown “doesn’t have insurance. She doesn’t want to pay for it. And she doesn’t want the government to tell her she has to have it,” said Karen Harned, a lawyer for the National Federation of Independent Business. Brown is a plaintiff in the federation’s case, which the Supreme Court plans to hear later this month.

But court records reveal that Brown and her husband filed for bankruptcy last fall with $4,500 in unpaid medical bills. Those bills could change Brown from a symbol of proud independence into an example of exactly the problem the healthcare law was intended to address.

The central issue before the Supreme Court is whether the government can require people to buy health insurance. Under the law, those who fail to buy insurance after 2014 could face a fine of up to $700.

The business federation, along with other critics of the law, calls the insurance mandate a “threat to individual liberty” that violates the Constitution.

Obama administration lawyers argue that the requirement is justified because everyone, sooner or later, needs healthcare. Those who fail to have insurance are at high risk of running up bills they cannot pay, sticking the rest of society with the cost, they argue. Brown’s situation, they say, is a perfect example of exactly that kind of “uncompensated care that will ultimately be paid by others.”

“This is so ironic,” Jane Perkins, a health law expert in North Carolina, said of Brown’s situation. “It just shows that all Americans inevitably have a need for healthcare. Somebody has paid for her healthcare costs. And she is now among the 62% whose personal bankruptcy was attributable in part to medical bills.”…(more)


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Song for Birmingham…

The bankruptcy of America continues. One question though… If you foreclose on a city…

Does everybody have to leave? Joking aside, this has to be frustrating as hell for the folks of Jefferson County.

Alabama county files biggest municipal bankruptcy

Alabama’s Jefferson County filed for bankruptcy court protection on Wednesday in the biggest municipal bankruptcy in U.S. history.

Commissioners for the county, which is home to Birmingham, the state’s biggest city and economic powerhouse, voted 4-1 to declare bankruptcy after meeting behind closed doors for two days in a last ditch-attempt to restructure its debt out of court.

A tentative deal reached with creditors in September to settle $3.14 billion in red ink had been widely expected to avert bankruptcy. But the deal fell apart over what the commission described as creditors’ refusal to meet the terms of previously agreed economic concessions.

There was also frustration over the fact that the estimated savings from the September agreement had shrunk by about $140 million, commission sources said.

“In September 2011, the commission and receiver entered into a comprehensive term sheet setting forth a framework for the resolution of the sewer system crisis,” the commission said in a press release announcing the bankruptcy filing.

“Creditors ultimately were unwilling to make the economic concessions contemplated in the term sheet and the receiver made additional demands inconsistent with the term sheet that the commission was unwilling to accept.”

The commissioners, who are elected and not political appointees, are the final arbiters over much of the county’s business and day-to-day municipal affairs.

The bankruptcy filing by the southern U.S. county will add to concerns about the risks in the $3.7 trillion U.S. municipal bond market, which was hit recently by the high-profile debt crisis in Pennsylvania’s capital of Harrisburg.

In addition to Harrisburg, which filed for bankruptcy last month, just two other cities — Vallejo, California and tiny Central Falls, Rhode Island — have declared bankruptcy in recent years since the onset of the U.S. financial crisis.


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Posted by on November 10, 2011 in American Genocide


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Sly Stone Homeless

Sly smoked all the money…

Homeless Sly Stone Living in Camper, Still Recording Music

Sly Stone

Sad news out of today’s New York Post: Sly Stone, the mastermind behind the legendary psychedelic soul-funk outfit Sly & the Family Stone, has been reduced to living in a van in Los Angeles, eating meals given to him by a retired couple.

As the Post reports, the musician born Sylvester Stewart has been plagued by drug abuse and bad financial decisions. Back in the ’80s, he sold Michael Jackson his publishing rights for $1 million, and last year, he filed a $50 million lawsuit against manager Jerry Goldstein, who he claims cheated him out of two decades of royalty payments. Earlier this year, he was arrested for possession of freebase cocaine.

Since his heyday in the late ’60s and early ’70s — when he scored hits with such songs as ‘Everyday People’ and ‘Family Affair’ — Stone has been one of music’s most notorious recluses. After a performance in 1987, he disappeared from the public eye, resurfacing 19 years later for a brief, head-scratching cameo at a 2006 Grammy tribute. He toured Europe the following year, but according to the Post, he’s now a “disheveled, paranoid” shell of his former self.

On the bright side, Stone has been recording new music, and while he’s hesitant to trust managers or record labels, there’s still a chance his new songs will see the light of day.

“My music is a format that will encourage you to have a song you won’t forget,” he told the Post. “That’s why I got so much money, that there are so many people around, and that’s why I am in court. Millions of dollars!”

“But now please tell everybody, please, to give me a job, play my music,” he added. “I’m tired of all this s–t, man.”


Posted by on September 26, 2011 in Music, From Way Back When to Now


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