Yes, I've been in a slump! And I'm angry.

This new Bankruptcy Bill ironically named "Bankruptcy Abuse Prevention and Consumer Protection Act of 2005" sounds like a good thing. Yeah, let's do something about those slackers and deadbeats!!

Well, I've been watching the going-on's about this for the last week, and it's really scary. Google "S 256 bill" or "Bankruptcy Bill" and read about it.

Here's one site I just googled: National Consumer Law Center and another one from National Consumer Law Center


Here's a .pdf you can download from Public Interest Research Groups

It's damned scary! Even if you've never owned a credit card, never gambled the paychecks away, you could find yourself in the poor house or homeless. Do the research and you'll have nightmares! What if you're laid off...what if you face a catastrophic illness even if you're insured?

No, we've never declared bankruptcy and have never even considered doing so, however, we've never had thousands of dollars of debt from an illness hanging over our heads either.

Who Wants This Bill?

Yep, the banks and credit card companies are really pulling for this one since they will be able to pull in even more money at exhorbitant rates! Oh, and lookie at the Top Contributors to Federal Candidates and Parties in the areas of Finance and Credit. This tells us a great deal about many of those who are supposed to be legislating for the people.

The American people don't deserve this and they have no idea of what they're getting (in my opinion, of course).

Sometimes I feel that we're just the darn suckers who work like dogs and pay our taxes so that our Representatives and Senators in Congress can legislate the Middle Class into the Class of the Poor... and the Poor into the Class of Abject Poverty.

Not to worry... the wealthy will be protected through loop holes, but then, aren't they always?