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retro_eidas...So we can gouge them financially and leave them homeless or in total economic devastation.
Although I'm not surprised, of all the political issues that leave me most appalled with the current administration is their acts surrounding this Bankruptcy Bill (for more information: American Bankruptcy Institute's page on the Bill). This Bill is horrifying. It would and will serve little purpose than protecting lucrative, powerful corporations while leaving the sick, elderly, middle class families and/or impoverished with little to no means of getting out of the suffocating debt trap.
Too bad Grandpa Joe accrues over $700,000 in hospital expenses that his insurance didn't cover due to liver cancer that he or his relatives just can't pay.
Too bad for Jane Q. Public struggling in multiple jobs, with two kids (one with special needs) to support after her husband's death. Charging food, clothing, gas and water bills on the credit cards because her paychecks just can't stretch far enough.
Too bad for the wife having to face foreclosure of her house alone while her husband is serving his country overseas. Even if, by law, she should be protected from voracious creditors by the Servicemembers Civil Relief Act.
These are all obviously 'deadbeats' abusing their credit and deserve to go it all alone with almost no hope in sight. Ditto to those 1.4 million 'deadbeats' who filed for bankruptcy last year. A number that likely would have increased this year thanks to the unemployment rates, outsourcing, lack of health care and a plethora of other issues. To hell with all of them.
I hope, rather than believe, that some lawymakers are finally realizing the very real potential of long-run political damage this Bill could invoke. I think this Bankruptcy Bill even trumps Social Security in importance. The SS renovations no doubt are extreme and are definitely worthy of exposure, but by comparison, this Bankruptcy Bill has been almost ignored in the media in my eyes. This Bill effects the impoverished of *the now*. Yet SS, the Pope and a braindead woman in Florida have horded the media the past several weeks? Why?
Not saying Democrats aren't partly responsible either. Although 80% did fight against this Bill, there are some who supported it.
Although I'm not surprised, of all the political issues that leave me most appalled with the current administration is their acts surrounding this Bankruptcy Bill (for more information: American Bankruptcy Institute's page on the Bill). This Bill is horrifying. It would and will serve little purpose than protecting lucrative, powerful corporations while leaving the sick, elderly, middle class families and/or impoverished with little to no means of getting out of the suffocating debt trap.
Too bad Grandpa Joe accrues over $700,000 in hospital expenses that his insurance didn't cover due to liver cancer that he or his relatives just can't pay.
Too bad for Jane Q. Public struggling in multiple jobs, with two kids (one with special needs) to support after her husband's death. Charging food, clothing, gas and water bills on the credit cards because her paychecks just can't stretch far enough.
Too bad for the wife having to face foreclosure of her house alone while her husband is serving his country overseas. Even if, by law, she should be protected from voracious creditors by the Servicemembers Civil Relief Act.
These are all obviously 'deadbeats' abusing their credit and deserve to go it all alone with almost no hope in sight. Ditto to those 1.4 million 'deadbeats' who filed for bankruptcy last year. A number that likely would have increased this year thanks to the unemployment rates, outsourcing, lack of health care and a plethora of other issues. To hell with all of them.
I hope, rather than believe, that some lawymakers are finally realizing the very real potential of long-run political damage this Bill could invoke. I think this Bankruptcy Bill even trumps Social Security in importance. The SS renovations no doubt are extreme and are definitely worthy of exposure, but by comparison, this Bankruptcy Bill has been almost ignored in the media in my eyes. This Bill effects the impoverished of *the now*. Yet SS, the Pope and a braindead woman in Florida have horded the media the past several weeks? Why?
Not saying Democrats aren't partly responsible either. Although 80% did fight against this Bill, there are some who supported it.
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no subject
Date: 2005-04-14 04:21 am (UTC)Exactly. They grew up looking at older generations who owned a house, always had reliable cars, invested & had retirement benefits, and who could just buy a couch as needed, for goodness' sake. Plus, they could raise kids and still help them out in adulthood.
Now, I see a lot of 30 to 50 year olds living at home, even if they have a career, due to the cost of living. Health and car insurance payments must be a hideous burden (and surprise) to people entering the job market in their twenties.
One serious illness or accident could wipe these people out. And so few people stay in a job for more than a few years, so one lay-off could plunge them into debt.
Reading Live Journals is very educational; not only for the news and info links, but to listen to how a range of people cope with daily life.
Thanks for today's links.