Feingold and Conyers propose delay in bankruptcy law

[undeterred]

for Katrina victims.

Bankrupting the victims
GOVERNMENT AID IS FINALLY flowing to the most helpless victims of Hurricane Katrina, but a broader category of the dispossessed will test the government over a longer period of time. They are families with the means to flee the hurricane, perhaps even with insurance to cover some losses, but without the resources to make a living immediately. In other contexts, they would be referred to simply as the middle class.

They have lost their homes but are living off their credit cards and maybe a little savings. As those savings dwindle, however, the mortgage keeps coming due and their credit card nears its limit. Soon the paycheck may stop, and with it their health insurance.

snip

Rep. John Conyers Jr. (D-Mich.) and Sen. Russell D. Feingold (D-Wis.) are leading efforts to delay the bankruptcy law's application to Katrina victims and grant broader exceptions to survivors of all severe disasters.

Before Katrina, supporters of the new law argued it would curb abuse of the bankruptcy code. This argument was always dubious, and in the aftermath of the hurricane, the new law appears simply callous. Does Congress really want to use Katrina's victims as test cases in some sort of grand experiment in bankruptcy reform?

http://www.latimes.com/news/opinion/la-ed-bankrupt9sep09,0,7835746.story?coll=la-home-oped

[joanne]

1. Feingold and Conyers are two Democrats to be proud of

[undeterred]

2. My favorites in each part of Congress

and my Senator who always does the right thing. :patriot:

[Goldeneye]

3. They're both going to be at Fighting Bob Fest tommorow.

Two of our best guys for sure.

[undeterred]

4. I just heard that on Malloy

I didn't know what Fighting Bob Fest was till he explained it.

Sigh. Its 80 miles round trip and I don't want to spend the gas money.