Shameful, Shameful, Shameful
Well, the House is going to pass the abominable bankruptcy bill today, and don't be surprised when President Bush signs it without a public signing ceremony. See, whenever Congress gives more power to the powerful (last fall's $136 billion corporate tax cut, for instance), it does its best to avoid letting the American people know what is going on.
Here's reason enough to be outraged over this new law, which will further enrich banks and credit card companies at the expense of living, breathing human beings:
Here's reason enough to be outraged over this new law, which will further enrich banks and credit card companies at the expense of living, breathing human beings:
Endangers child support. Despite extravagant claims to the contrary, the bill still threatens the welfare of children. If the parent who owes child support is the debtor, the bill will divert more money to other creditors (such as auto lenders) and allow more non-child support debts to survive bankruptcy. Thus after the bankruptcy is over the custodial parent will have to fight with creditors for the debtor's limited income.Here's a quick summary of the problems with this bill. Not that it matters -- in the new American plutocracy, big-money corporate lobbyists always win the day. Welcome to the new America, friends. Where corporate values (and profits) trump human values. (You might think about asking your "representatives" about this next time they swing through the district).


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