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David Sirota - GOPs Bankruptcy Bill Comes Back to Haunt US Troops

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peacebird Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-02-06 03:32 PM
Original message
David Sirota - GOPs Bankruptcy Bill Comes Back to Haunt US Troops
"Back in 2005, when the credit card industry lobbyists were corralling republican and Democratic lawmakers to vote for the corporate-written Bankruptcy Bill, a bunch of Democratic lawmakers viciously attacked me when I exposed them for selling out. Now a little-noticed story exposes just how disgusting that bill really was - and how Congress's specific votes on the bill have hurt our troops serving in Iraq"

snip

"Now, according to a new Pentagon report highlighted by USA Today, "As many as one in five members of the armed services are being preyed on by loan centers set up near military bases that can charge cash-strapped military families interests of 400% or more." Let's be clear - trying to take advantage of soldiers at a time of war when they are under stress is a form of war profiteering. And thanks to our bought-off Congress - it's all perfectly legal. "

http://news.yahoo.com/s/huffpost/20060902/cm_huffpost/028575
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sarcasmo Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-02-06 03:49 PM
Response to Original message
1. I don't know what is worse the Medicare Mess or the Bankruptcy Mess.
The two have two things in common they benefit big business and were created by this administration. Kick to the top
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peacetalksforall Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-02-06 04:19 PM
Response to Original message
2. I equate what the Democrats did as 1000% interest. What they
did was despicable. All of them who voted with the Republicans are on my xxxx list.

I know I haven't changed in any way from my beliefs except to learn more and hold more to my chest and want to save more. They participated in a sell-out of our citizens from the elderly to the soldiers and more.

Shame, shame, shame on them.
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sandnsea Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-02-06 04:42 PM
Response to Original message
3. Unregulated corporatism is licensed theft
Too many low income people have been brainwashed to believe that anything set up under a business license is legal. We have to stop giving "business" a moral highground, victimizing real people is the same as ripping money out of their hands. We don't dismiss car theft because someone left the keys in the car or parked in the "wrong neighborhood", we shouldn't dismiss business theft because someone made a foolish decision either. It will require changing the minds of citizens so that they stop attacking the victims of these predatory businesses before we can repeal the worst parts of the bankruptcy laws.
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bronxiteforever Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-02-06 07:25 PM
Response to Original message
4. Senator Maverick McCain voted against the troops too
Edited on Sat Sep-02-06 07:26 PM by bronxiteforever
he loved this bill-400% interest for some troops-there should be firing squads for these predatory lenders
kick & Nom.
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