[CitizensTruth] remember the bankruptcy reform bill of 2005

[Hal Snyder]

Isn't there something of a double standard as we are asked for more  
than half a trillion to prop up failing businesses? How about concern  
for failing households?

Remember how the new Congress of 2005 rushed to pass the bankruptcy  
reform bill of 2005, aka the credit industry wish list. And it wasn't  
just the Republicans acting en bloc to continue squeezing the public  
- New Democrats wrote to Speaker of the House Dennis Hastert urging  
him to advance the bill.

Judging from its place on the schedule, this action was far more  
important at the time than 1) basic health care for the 1 in 6  
uninsured in this country 2) ending the war in Iraq with its terrible  
human cost and $11 billion per month price tag 3) regulating out-of- 
control lenders.

The major cause of personal bankruptcy per the Harvard bankruptcy  
study - medical bills. 
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