The opposition against the bankruptcy bill crosses party lines, among the grassroots...
Check out the blog Politology where Conservatives, Moderates and Liberals are joining forces to fight a bill which the banking and credit card industries want so badly.
The Senate has already passed it and it'll be going to the House next week.
This isn't about holding people accountable for their bills... I think most Americans want to pay their bills. I certainly do.
It's about credit card companies that are aggressively targeting our young people in college... they don't even have to have a job any longer to receive credit cards. Who pays the bills?
It's about Congress spending the U.S. into unprecedented debt at the same time they want to hit middle-class families who are fighting a losing battle with debt because of medical bills (which account for half of all bankruptcies) and job layoffs.
It's about loan sharking interest rates charged by credit card companies along with their outrageous penalties!!
It's obvious that our lawmakers have been compromised.
Top Finance and Credit Contributors to Federal Candidates and Parties
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