There is a reason it is called “Master”card… because the credit card companies are the masters and the following Senators that voted to pass the bankruptcy reform bill are the slaves. If they get their way – we will become a population of indentured servants to the already-too-powerful credit card industry. This is a bad bill and it will leave citizens with no recourse when a life crisis renders them unable to pay.
People will stop taking chances on starting a business. Single mothers will be strapped with the debt of deadbeat dads. Laid-off workers will be forced into slavery by these mega-corporations. These are the Senators that are in bed with the credit industry – let them know what a terrible move it was voting for this bill. This is NOT a Democrat or Republican issue – it is an issue of fat cat politicians feeding at the MasterCard and VISA trough.
SHAME ON EACH OF YOU!