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Thread 5783

Thread ID: 5783 | Posts: 3 | Started: 2003-03-24

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londo [OP]

2003-03-24 08:25 | User Profile

Adam J. Goldberg is a policy analyst with Consumers Union, a non-partisan public interest group working on comsumer issues.

Few may have noticed that the House has passed a controversial bill to “reform” the bankruptcy system. The overwhelming vote on March 19 -- 315 members voted “yes” and 113 voted “no” -- belies just how controversial the legislation is.

Dozens of major consumer, civil rights, labor, women’s, community and religious organizations have gone on record in opposition to the legislation -- in the current and in previous Congresses.

It’s easy to see why. Ninety percent of personal bankruptcies are caused by the loss of a job, high medical bills or divorce. With the economy slumping and many working families struggling to keep up, it doesn’t make sense that Congress would be considering legislation that would harm ordinary Americans who have fallen on hard times through no fault of their own

[url=http://tompaine.com/feature.cfm/ID/7469] Read the rest here[/url]


Faust

2003-03-30 14:08 | User Profile

The money changers will not be happy till they can sell people as slaves who can not pay their debts.


amundsen

2003-03-30 15:43 | User Profile

Originally posted by Faust@Mar 30 2003, 09:08 ** The money changers will not be happy till they can sell people as slaves who can not pay their debts. **

True enough. But sadly people these days are all to willing to sell their future for present satisfaction. Debt itself is a slavery. At least most of the African savages had to be captured in battle to be enslaved. We just sign ourselves away on the dotted line.

If people cant even think of their own future what chance is there that they will think of the future of their race or country?