Finally! Opposition to bankruptcy "reform"
Raw Story has leaked a copy of the minority report from the House Judiciary Committee on the odious bankruptcy "reform" legislation passed by the Senate. My source tells me the vote by the full House, scheduled for this week, will be delayed because of the Pope's funeral. So we have some additional time to mobilize.
It's a long document, but it is essential reading. It contains detailed, blow-by-blow descriptions of some of the abuses that credit card companies want to continue to perpetrate. And they want you and I, the taxpayers, to insulate them from risk while taking all the risk on ourselves.
We will be mobilizing to lobby the WA delegation to vote against this bill. But we need everyone to do it, in every state, whether your House member is a Democrat or a Republican. Because money is money to a lender, and this bill, if it becomes law, would hurt Republican wage-earners, too.
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