Friday, March 11, 2005

Our $400 windfall

This from "Talking Points Memo" in the wake of the passage of the horrendous bankruptcy bill in the US Senate yesterday...

"I’m going to be standing by my mailbox, waiting for my $400 back from the credit card industry. Industry representatives told me, in the news and in testimony before Congress, that the cost of bankruptcies filed by people who can afford to pay their debts, was $400 for every man, woman and child in America."

The rest of the story here. Especially written for those with good credit by: Corinne Cooper, a professor emerita of law, and a consultant in Tucson, Arizona

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