Bankruptcy affects people of every age, creed, sex or ethnicity from every part of the country. Even celebrities both loved and disliked have their financial problems and depend on the bankruptcy laws to get out from under crippling debt.
No US President has filed for bankruptcy protection – whether before or after taking office. Several have faced financial struggles either personally or through their businesses – Harry Truman, Abraham Lincoln and Ulysses S Grant for example. But they did not file for debt relief under the bankruptcy code.
But there were candidates who filed for bankruptcy. Seriously.
Patrick Layton Paulsen (July 6, 1927 – April 24, 1997) — known as Pat Paulsen — was an American comedian and satirist notable for his roles on several of the Smothers Brothers TV shows, and for his campaigns for President of the United States in 1968, 1972, 1980, 1988, 1992, and 1996, which had primarily comedic rather than political objectives, although his campaigns generated some protest votes for him.
Paulsen was approached by the Smothers Brothers with the idea of running for President in 1968. His reply, he was later to recount, was, “Why not? I can’t dance—besides, the job has a good pension plan and I’ll get a lot of money when I retire.” The dance crack was a reference to actor/dancer George Murphy, then a U.S. Senator representing California.
Paulsen’s campaign in 1968, and in succeeding years, was grounded in comedy, while not bereft of serious commentary. He ran the supposed campaigns using obvious lies, double talk, and tongue-in-cheek attacks on the major candidates, and responded to all criticism with his catchphrase “Picky, picky, picky.” His campaign slogan was, “Just a common, ordinary, simple savior of America’s destiny.” Every question on social issues received basically the same response: “I feel that it is too directly bound to its own anguish to be anything other than a cry of negation, carrying within itself the seeds of its own destruction. However, to get to the meat of the matter, I will come right to the point, and take note of the fact that the heart of the issue in the final analysis escapes me.”
Paulsen’s name appeared on the ballot in New Hampshire for the Democratic Primary several times. In 1996, he received 921 votes (1%) to finish second to President Bill Clinton (76,754 votes); this was actually ahead of real politicians such as Buffalo mayor James D. Griffin. In 1992 he came in second to George Bush in the North Dakota Republican Primary. In the 1992 Republican Party primaries he received 10,984 votes total.
Presidential campaign slogan: “I’ve upped my standards. Now, up yours” and “If elected, I will win.”
“We have nothing to fear but fear itself…and of course the boogieman.”
His winery business in the 1980s was 1.5 million in debt, including$270.00 in back taxes. He filed bankruptcy to avoid a tax sale.
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At Curry Law Office in Mount Vernon, IL, we are here to help you through your financial difficulties. Our down-to-earth bankruptcy attorney offers common sense advice and solutions for your bankruptcy filing.
Debt problems come in all shapes and sizes. For some of our clients, the issue that drives them to seek a lawyer’s advice is mounting credit card bills. For others, it may be an abusive creditor or a home foreclosure. At Curry Law Office in Mount Vernon, IL, we offer a free debt-relief planning session to discuss your financial problems and identify solutions.
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