Monday, March 14, 2005

Bankruptcy Bill

What a crime. Committed by our own. It's no wonder that people have a hard time being enthusiastic about Democrats when they do something like this. Not all Dems voted for this but way too many(18) did. This bill allows the credit card companies and lenders to put the screws to low and middle income people and allows the rich to shelter assets in bankruptcy. Many on the right also see the crime being committed here. Note Tacitus. 50% of the bankruptcies filed now come from medical costs. Wouldn't it be a good idea to attack that problem first? If you want to know the size of the con job being worked on the American people here I encourage you to read these comments from Senator Russ Feingold. Under the bill as written even people that are victims of identity theft are under obligation..for debt they did not even create!
More good reading related to this and ratings on Democratic Senators so far are in this article from Jim Hightower. Also note this.
People should be responsible and pay their debts. That however should include ALL people. Situations out of ones control such as health bills and stolen identity et al should be taken into account. This whole thing is possibly the least "populist" thing I have seen in years. It's no wonder that all of those I look to for common sense agree that this is a vile, disgusting bill.

1 Comments:

Blogger BeWitchingWizard said...

Its time to consider a revolution again, King George, VP Hitler, Secy of Def Nero and Secy of State Corella Deville have taken us back at least 300 years in freedom and the rights of the simple man to exist, time for a new separtaion of Church and State again, who are these evangeligals and their lies about god.

5:10 PM, March 17, 2005  

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