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Website: http://www.empleft.com

Bankruptcy Bill Set for Passage; Victory for Bush

In yet another nod to corporations and another shot at the public and actual American consumers, the Bush administration's latest plan to put more money in the pocket of Corporations is set to pass congress:
http://www.nytimes.com/2005/03/09/business/09bankruptcy.html?th

Passage of this bill would make it easier for credit card companies and other creditors to claim their debt in the case of a person declaring bankruptcy. What congress is not telling you is that in many cases the people who are declaring bankruptcy are doing so because of credit cards and loans with outrageous interest fees, hidden charges and other quasi-legal tactics the Bush administration (business regulators) have let the lenders get away with over the past 5 years.



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