Follow the Money for the Real Story

We can now safely assert that W. has stacked much of the federal government with people like himself. And what you get when you put people in charge of government who don’t believe in government and who are not interested in running it well is … what happened after Hurricane Katrina.

    Austin, Texas – Here’s a good idea: Consumer groups and progressive congress-folks have joined in an effort to stop hundreds of thousands of victims of Hurricane Katrina from being further harmed by the new bankruptcy law, scheduled to take effect Oct. 17. This law was written of, by and for the consumer credit industry and is particularly onerous for the poor.

    The bill was passed with massive support from the Republican leadership in Congress and from a disgusting number of sellout Democrats. While it was being considered in committee earlier this year, Rep. Sheila Jackson Lee (D-Texas) offered an amendment to protect victims of natural disasters. It was defeated, without debate, on a party-line vote.

    Now, Congress has a chance to rethink some of the most punitive parts of the bill. Katrina victims who were planning to file before the new law goes into effect are out of luck – where are they gonna find a lawyer, let alone an open courthouse?

    Under the new law, anyone whose income is above the state median must file under Chapter 13, a more restrictive category that requires some repayment of debt. The new law grants no exemption for natural disaster, even though it’s going to…

Posted by ShiftShapers
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