Obama slaps McCain on bankruptcy laws

Source: AP

Obama slaps McCain on bankruptcy laws By LIZ SIDOTI, Associated Press Writer
9 minutes ago



POWDER SPRINGS, Ga. - Barack Obama on Tuesday proposed changing bankruptcy laws to "fast-track" the process for military families, help seniors keep their homes, and protect people recovering from natural disasters.

The Democratic presidential hopeful also accused Republican rival John McCain of repeatedly siding with the banking industry, saying, "When it comes to strengthening the safety net for hardworking families, he's been part of the problem, not part of the solution."

~snip~

It was in that vein that Obama castigated McCain — and sought to link him to the unpopular President Bush — as he announced his fresh proposals in remarks prepared for delivery in this city outside of Atlanta.

"Like the president he hopes to succeed, Sen. McCain does not believe the government has a real role to play in protecting Americans from unscrupulous lending practices," Obama said. "He would continue to allow the banks and credit card companies to tilt the playing field in their favor, at the expense of hardworking Americans."

Obama's campaign pointed to a series of Senate votes in 2005 to accuse McCain of "siding with banking industry lobbyists" while opposing measures that the Democrat's campaign said would have helped families struggling to pay medical bills, seniors in bankruptcy fighting to keep their homes, and victims of Hurricane Katrina.



Read more: http://news.yahoo.com/s/ap/20080708/ap_on_el_pr/obama_bankruptcy_laws;_

Keep the fire lit under these ass-bags.

as good for America's security?

He was just as adamant about Telco immunity until he won the nomination and decided he could safely ignore his supporters. Why should this be different?

His position was he wouldn't vote for Telco immunity. Now he will. Pretty damned plain to me.

This issue is about the rule of law. Obama now favors giving the rule of law a pass, and for what?

Obama will get my vote, since I have no goddamned choice. But he has now moved toward losing to McCain by alienating his base.

You're acting out, and it makes you look silly. Stick to criticizing things that have actually happened.

"Captain Queeg" moments on camera.

I seriously doubt this is going to be a priority for him, and also I don't think he understands how seriously people are hurting right now.

Obama, stay away from the faith based organizations and crap like that and emphasize the issues like this!

Good move on this!

Thanks for posting this! It gives me some hope even though we are not going to be able to keep our home. I truly hope people wake up to this and vote for Obama! It cannot wait!

10 times out of 10 a republican will side against the people and for the banking industry.