:: The Rational Radical Blog ::

Friday, March 04, 2005

Another Bushian Law to Screw Everyone but the Rich

The bankruptcy legislation being debated by the Senate is intended to make it harder for people to walk away from their credit card and other debts. But legal specialists say the proposed law leaves open an increasingly popular loophole that lets wealthy people protect substantial assets from creditors even after filing for bankruptcy.

And of course, to "support out troops,"

Republicans in the Senate beat back the first in a series of Democratic amendments aimed at softening the effects of the bankruptcy bill on military personnel...

Yeah, and you can bet your bottom dollar those hurt by this bill are exactly the people who vote for Bush!

Jack Clark 10:15 PM [+]   
Post #111000331450018684