The NYT off-leads and others report that a major overhaul of bankruptcy laws long sought by the credit card industry is likely to pass the Senate after lawmakers rejected, by a 53-to-46, near-party-line vote, a Democratic amendment that had scuttled the measure in previous years.
"The free ride is over for people who have higher incomes and can repay their debts," crowed Sen. Chuck Grassley. Except, oops: The WSJ points out inside that wealthy individuals are less likely to feel the impact of the legislation because of "significant loopholes" that allow them to shield their assets from creditors.
even chucky baby knows that, but being the good republicon stooge, he'll put on the dog and phony show for the bushites.
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