Should Alimony Be Banned? - YouTube

Channel: The Young Turks

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about a century girl many states in the US establish permanent
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alimony which means that if a couple splits up the man is responsible for
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alimony payments for the rest
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the woman's life and the reason why they did that was because back in the day
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men and women had completely different roles in society the man would work the
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woman but stayed home and she would raise the children and she was fine
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financially dependent
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on the man well now times have changed and
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even though times have changed this typeof
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law has changed in many states so recently Bloomberg wrote about a man by
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the name of are
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re: show shit and he's was married for about 17 years and he
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split up with his wife however when he was in the relationship he was making a
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million dollars working
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in the financial industry he was doing really well
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we split up it turned out that he had to pay alimony payments
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that usually cost him about 70 8 thousand dollars a year
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but then the economy went south all the sudden he's not making as much money
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but he still required to pay the same amount of money in
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alimony payments and also keep in mind he's a new jersey
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and right now there are permitted
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alimony laws on the books they're trying to reform that but that hasn't happened
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yet
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and it's definitely problematic because a lot of people are now
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going in and out of jail as a result up these types of laws
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in fact re: has been in jail eight times in the last two years because I've
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contempt contempt contempt of court
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because he has been able to pay the alimony payments so look
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it child support now more near different child support somebody's gotta pay
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a and you got kids this both your responsibilities you gotta figure out
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how to chip in
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and have it make sense alimony is your
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in the words to the court they over offer use you're keeping our up
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in the lifestyle she's become accustomed to but you're not in
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self-exile anymore because you don't have a job so that's mental
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so now look it depends on the circumstance or
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is proper noun maury I right and some certain
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is certain to say they absolutely right you've been married for
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30 years thirty five years and you've been as you know a stay at home wife in
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you raise the children
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and at this point it's nearly impossible for you to go out there and make enough
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money to make ends meet
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ensure permanent alimony make sense if you've been married for like
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5-10 years and you know the couple is still extremely young
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and both parties can go out there and work in earn their own money
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then no permanent alimony does not make sense at all times have changed women
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can go out there and work they don't have to be financially dependent on a
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man
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let me just put throw some numbers behind and as example so
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let's say you got married at 25 you had a 30-year marriage
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and you know you had good a buncha kids in you one other people whether we wipe
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resume decision
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ask you for reals usually wife to raise the kids right
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and they did not have a career because that let's see a panel
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alimony for 10 whole years but she 65 at that point right
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because you got the force at 55 to 65 in New York a good luck to you
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which is supposed to start over that's nearly impossible right
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so she in a little bit of a job but not the jobs you what I had
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so in that case permanent alimony make sense
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you got very for five years two years three years and you've got a pair of for
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the rest of your life
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even if you don't have the same job come on anybody can see that that's not just
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this that doesn't make any sense
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look why don't we have simple laws where we say we're good
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decide the case base on this circumstance seriously
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their way to make human judgments obviously so there are a number of
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different
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alimony reform bills that are being introduced in many different states and
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they include different types alimony that I wanna make you guys know you're
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with
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one of them is known as rehabilitative alimony and that is to help an ex-spouse
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become self-supporting so obviously it would be limited
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to about five years %uh barring unforeseen events
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there's reimbursement alimony so let's say you were married and wanted the
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spouses
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as supported the others education expecting to share the fruits of the
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earning capacity created
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that means that okay if you split up then the spouse the pay for the
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education will pay you back
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I and then also there's limited duration alimony and that that would be awarded
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for no longer than half the length a marriage
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of five years or less with higher percentages for those
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approaching ten fifteen or twenty years for marriage is a twenty years or more
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payments could
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last indefinitely so this is all stuff that makes sense right
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everyone deals with different circumstances had different
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relationships
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and as a result the judge should make decisions based on those circumstances
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and I think what's important is a rebuttable presumption meaning like we
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presume that it's gonna work in this way or that way
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but it can be rebutted if we go to court and the judge listeners
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okay it turns out in your case this
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who rule doesn't make sense I V sees gotta have the
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the capacity to make that decision and for christ sake I mean I don't know
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anything about this guy
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arianna be was a bad guy by the way I mean
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his ex-wife must hate 'em you keep sending him to jail
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I know a different times you said you know when you know he doesn't have the
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money
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a lot of these laws that revolve around
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a child custody or alimony or child support
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there's they're totally slanted in favor
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love women right it to a point where it's its destructive for society I mean
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it doesn't make sense
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for the taxpayer to keep paying for the cost of incarcerating this guy because
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the campaign is
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you know his alimony payments its stupid you got to be smarter than that
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he's not a criminal I don't know if he's a good guy or a bad guy but the one
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thing that I do know
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is permanent alimony does not make sense in the situation absolutely love look in
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the old days
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the bell so spiffy it tilted way too much in favor men
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you basically say I'm getting divorce good luck to you yeah and women were
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screwed I mean what you'd been
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raising the kids as that you're told The Dude back in the day
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you know how the world are you to support your son Lorenzo Mitt pet
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pendulum swung in the other direction now is gotta like
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rabbit put it right in the middle so it makes grab the pendulum put it in the
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mail yeah I don't rinse idea