Wednesday, August 19, 2009

Just saying

It seems as if some of the anger regarding Kathy Cox's winnings is terribly misplaced, and by that I mean it's foolish to say the mean, old bankruptcy folks are acting irresponsible in this.

If anything, shouldn't Cox shoulder this blame? For starters, why wasn't the money allocated for these schools sooner, thus releasing the funds from her possession?

And - without being too blunt - if she wasn't bankrupt, this wouldn't be an issue. But, she is, and bankruptcy law is bankruptcy law, and her promises to give the money away don't mean anything. Her family owes a lot of people money, and when you owe a lot of people money you aren't afforded the luxury of being able to donate large sums of cash to charitable organizations, albeit very worthy ones. You settle up your debts and then you get to make those types of decisions, not the other way around.