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New Bankruptcy Law Tightens the Screws

When Republicans start to complain about Congress, you have to take note. Redstate.org sees the bankruptcy “reform” pushed through by the GOP as a betrayal of the public:

The bill is basically a gift to corporate lenders that tightens requirements on consumers while paradoxically loosening restrictions on credit card companies.
[…]
This is on us, folks. This is on the Republican Party. It’s going to hurt a lot of people; it is a pure giveaway to business sectors that need no state help; and it makes us look like the corporate toadies we apparently are. Shame.

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