“And what do you propose to do about it, aside from letting them twist in the wind when the borrower can’t pay it back (my proposed “action”)?”
Well, that is what many debtors were doing. They took chapter 7 and told the credit card companies to “twist in the wind.” But here comes the GOP riding to the rescue. (And in fairness, most democrats were in favor of it too). Lets cut back on chapter 7’s! More 13’s where the debt can be soaked out of the poor debtor like blood from a turnip.
And Bush signed the damn thing! Even Bill Clinton had too much personal integrity to sign it, and believe me I don’t like saying that. But when Bill Clinton refused to sign the bankruptcy reform bill over his own parties passing of the bill, and then Bush does sign it, thats says a lot about either the ethics or the brains one of Bush.
So here comes a GOP president to sign off on a bill which favors yankee credit card companies over your typical fellow American.
That kind of innate worship of business or finance or whatever is what keeps the GOP relegated to its usual minority status in this country. And since the GOP is nominally the “conservative” party in this ocuntry, it drags down the rest with it—a strong military, gun rights, limited government, reasonable gov’t regulation, decent social behavior, etc.
Every good conservative value gets sacrificed because of this irrational fling with big business. Its like Gov. Sanford multiplied by millions. And here we are going into what I think will be a greater Depression, and the GOP’s answer. . . . CUT TAXES!
I mean c’mon. There a time when cutting taxes is good and will stimulate an economy, and times when it can’t. But where a good conservative battle is needed agaisnt this damn idiotic “crap and played” stuff, where is the GOP? Huddling over in the corner with the rich folks and holding the blanket and binky because some millionaires might have to pay an extra 5%.
Doesn’t the GOP get it? It ain’t the rich folks that keep the country running. It’s middle class America. That group that has been getting squeezed over the last few decades.
parsy, who has his Bible out now and is spewing fire and brimstone everywhere, you bunch of GOP sinners!!!!
It's not either of these that makes America what it is - it's freedom. Freedom - liberty - is what makes America great. You, on the other hand, seem to be advocating what I regard as nothing more than tyranny. You can hate rich people all you want, you can hate businesses all you want, you can give in to your envy all you want, but if you let your feelings, your anger, and your jealousy drive you to the point where you're ready to dump freedom and sign up for the fascist nanny state we're getting, you have a problem.