Wednesday, March 09, 2005

NOW THAT BUSH AND HIS CRONIES HAVE YOUR BACK TO THE WALL OF DEBT

Soon you'll have no way out but to pay it all back, for the rest of your natural life if necessary. Wait till your job is gone and your mortgage payments triple! And if you voted for this ripoff, you deserve every minute of what's coming!

"The Republican-controlled Senate cleared the way for a final vote as soon as today on an industry-backed bill to make it harder for consumers to wipe out debt through bankruptcy."

Welcome to the good times...

Attribution

And as to that, read this and weep...

"Today the Senate is expected to vote to limit debate on a bill that toughens the existing bankruptcy law, probably ensuring the bill's passage. A solid bloc of Republican senators, assisted by some Democrats, has already voted down a series of amendments that would either have closed loopholes for the rich or provided protection for some poor and middle-class families."

From The Debt-Peonage Society by Paul Krugman