Does it scare you that Obama voted against the Banks and for Consumers, before the subprime mess- HRC?
The votes on a bill making it harder to declare Bankruptcy ( pro bank).
http://www.senate.gov/legislative/LIS/roll_call_lists/roll_call_vote_cfm.cfm?congress=109&session=1&vote=00044
Obama (D-IL), Nay
Clinton (D-NY), Not
McCain (R-AZ), Yea
Here’s the bill.
From Congresspedia:
The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (S.256), as passed, was introduced in the 109th Congress (2005-2006). The act made sweeping changes to American bankruptcy laws, affecting both consumer and business bankruptcies. Many of the bill’s provisions were explicitly designed by the bill’s Congressional sponsors to make it “more difficult for people to file for bankruptcy” in order to curb abuse. The act was passed by the 109th United States Congress and signed into law by President George W. Bush on April 20, 2005,
December 24th, 2008 at 1:35 pm
Obama will ruin things. His idiots don’t even know what you’re talking about, most of them.
December 26th, 2008 at 3:37 am
so you think we should all be afraid because obama voted directly against the large corporations in favor of the taxpayers?
what about that is supposed to frighten us.
over 30% of all bankruptcies are MEDICALLY based - and have nothing to do with credit card abuse.
shows me that obama has a little bit of backbone and common sense.
according to your own info - obama is the only candidate who was on the right side of this issue - thanks for the info - i will share it widely.
December 27th, 2008 at 5:36 am
Obama xxxx it
most of the time he leaves you asking WTF is he saying…..Often………..Nothing.
December 29th, 2008 at 2:17 pm
So far Obama has gotten a free pass from the media…I wished they would have scrutinized his record by now…
December 30th, 2008 at 8:10 am
Ookay..what’s wrong with voting to NOT make in more difficult to file bankruptcy?
i don’t understand your point!
December 30th, 2008 at 7:12 pm
That bankruptcy bill was basically written by the banks, the credit card companies and other lending entities that lobbied heavily for its passage. Real abuses were not addressed, but with so many Americans heavily in debt, creditors strengthened their position. It’s scary that most Americans were paying so little attention.
January 1st, 2009 at 4:14 am
He also voted yes to allow the credit card companies raise the interest rates! Hes really looking out for the citizens. Change, what he means is change for the worse.