Act looming on the horizon.
Sorry, guys. This may be an unpopular opinion, but I feel like the most disjointed discussions have occured over the Bankrutcy Reform Act that looms. If my comments fall into that category, I'm ready to try again.
Maybe we could try again? But, if so, I think people need to be aware of the issues falling into these general categories:
- Where are the most bankruptcies being filed?
- Reason for bankrutcy filing? Medical bills, credit cards, job loss, higher cost of living, civil judgment, gambling debt, divorce...
- What is the current status of allowable corporate bankrutcy?
- How does that compare to current allowable consumer bankrutcy?
- How many 'reform' bills are out there in Congress?
- What does (the/each) bill say about:
a) corporate 'reform';
b) consumer 'reform'?
- What societal values are purposefully manifest in our consumer bankrutcy laws?
- What societal values are purposefully manifest in our corporate bankrutcy laws?
- What evidence is there of a need for consumer bankruptcy 'reform'?
- What evidence is there of a need for corporate bankruptcy 'reform'
- What are the names of banking and credit card industry large campaign contributors to sponsoring Congressional reps?
This issue is really important to me because it seems so unfair that the last refuge, shame-filled as it is, for people with their backs against the financial wall is under threat. Banks and credit card companies are so unregulated already. When are we going to seriously stop giving our mass power away to them?