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 The Liberal Patriot Blog is dedicated to collecting and sharing information about National and State [New Hampshire] Political Action, News, and Events.

Wednesday, March 09, 2005

Republicrats Lay Down For the Credit Card Companies

OK, for those of you who didn’t know there was this HUGE bankruptcy bill in the senate yesterday.
It basically stops people from filing for title 7 bankruptcy. There is NO popular support for this bill. This is a straight up pay off to the credit card companies.

{read more about how this is a attack on the grassroots from moderate "New Democrats" in New Republic's Noam Scheiber's Journal http://www.tnr.com/etc.mhtml?pid=2584}

You know how people say that there is no difference between republicans and democrats that they are both in the pockets of large corporations. Well 9 times out of 10 it is a LOT more complicated then that. This time it isn’t. This is a bill WRITEN and “shopped around” to congressman by and for the credit card companies. Bankruptcy did go up in the last few years an average of 17% but credit card company profits went up an average of 114%. ALSO 60% of people who file for bankruptcy do so because of medical debt.

Some democrats wanted to filibuster this bill but other cowardly democrats voted to end discussion. This is the kind of crap that convinces people that it is pointless to vote.

There is a HUGE credit card company in Delaware, Lieberman is democrat in name only, but the rest of these guys should have to answer for their treachery and be exposed to their constituents for what they are. Nobody is going to be watching this little ole bankruptcy bill.

If you want to learn more about the Bankruptcy Bill and why it is such a big deal than read Paul Krugman’s article for the New Republic here:
http://www.freerepublic.com/focus/f-news/1358749/posts


I copied the below list of traitors from http://maxspeak.org/mt/archives/001206.html

DEMOCRATIC SENATORS
WHO WILL NEVER
BE PRESIDENT
Voted to let the rotten bankruptcy bill come to floor, where it will pass:

Biden (D-DE), Yea
Byrd (D-WV), Yea
Carper (D-DE), Yea
Conrad (D-ND), Yea
Johnson (D-SD), Yea
Kohl (D-WI), Yea
Landrieu (D-LA), Yea
Lieberman (D-CT), Yea
Lincoln (D-AR), Yea
Nelson (D-FL), Yea
Nelson (D-NE), Yea
Pryor (D-AR), Yea
Salazar (D-CO), Yea
Stabenow (D-MI), Yea

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