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Keyword: The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005

No More Honeymoon Email Print

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The topic below was originally posted on my blog, the Intrepid Liberal Journal and crossposted at the Independent Bloggers Alliance and the Peace Tree.

Election night 2006 was a satisfying result after the calamity of one party reactionary rule. On a personal level, I juggled my day job and after hours phone banking to help in the effort. Many other activists did the same out of patriotism and desire to establish a bulwark against the corporate theocrats in Washington. It feels like another lifetime and as The Nation duly noted in their latest edition, "The Honeymoon Is Over":

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Memo To Democrats: Repeal Bush's 2005 Bankruptcy Law Email Print

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The diary below was originally posted in my blog the Intrepid Liberal Journal.

The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 was arguably the most odious piece of domestic legislation the previous congress passed. President Bush and his party typically cited it as among their "accomplishments" and the media seldom questioned whether it was a good idea.

This "accomplishment" amounted to nothing less than class warfare waged on behalf of the super rich against the little guy. Indeed, it illustrated the sheer indecency of the Republican Party machine and pervasive influence of banks, credit card companies and the financial services industry as a whole.

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