Two voices of reason on the BK BILL

[robivi3]

As proof of his thesis, the very Republican Jane Meynardie emails:


Amen to your concerns re. the bankruptcy bill. I have no sympathy for credit-card companies and other lenders, including the Federal Housing Authority, who offer easy credit to people who are better off without it and then whine when they default. They price, or can price, the bad debt risk into the interest rate. They are much better equipped to assess that risk than their borrowers are able to assess the risk of doing business with them. (Sorry if that sounds a bit maternalistic.)

Anonymous:

You can be a Republican and hate bankruptcy reform. Banks are making incredible profits on credit cards. There will be a lot of downward pressure on profits if this reform is passed. And an increased number of murders and suicides. You can't use a pressure cooker without having an escape valve. You really can't.

[Diane143]

I am a Republican and I do hate the reform. I have even written my State Senators.

[robivi3]

I vote mostly on moral issues. I am not strong on privitization, NAFTA and other items as far as the party agenda. There are some things that Government is bound to do and to regulate. I long for the days of airline and strong transit regulation, I believe those things are the responsibilty of Government, they affect the Country as a whole unit. So please don't think of me as a gun toting libertarian. Just being vigilant.

And yes I do call the Whitehouse, Senators and even through in some support for 'Ol Billy Clinton on afew issues and called to say so.

On this issue my Party and i stand far apart

[HRx]

Robi,

Interesting thread, but I'm going to move to a more appropriate forum.

-Todd