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Bankruptcy bill ammendments are going down like the hindenburg

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AlCzervik Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-10-05 02:32 PM
Original message
Bankruptcy bill ammendments are going down like the hindenburg
just defeated....an ammendment would would disallow hiding assets.....defeated and there were a few dems voting in the negative....Mr. byah and Mrs. Stabinow.
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rodeodance Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-10-05 02:33 PM
Response to Original message
1. Repugs wanted a 'clean' bill--they will get it.
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Mandate My Ass Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-10-05 02:34 PM
Response to Original message
2. Jeez, can't they pretend this is not about crippling the middle
and working class as well as a get-out-of-bankruptcy-free card to the rich? :grr:

They are rubbing our faces in our upcoming demise.
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AlCzervik Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-10-05 02:39 PM
Response to Reply #2
5. btw, a few pubs crossed over and voted aye, it was Warner and
Edited on Thu Mar-10-05 02:40 PM by chimpsrsmarter
Mulkowski from Alaska but then she changed her vote back to nay after a horsewhipping from the whip no doubt. on edit, Snowe and collins voted aye.
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AlCzervik Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-10-05 02:38 PM
Response to Original message
3. up now-Durbin is shaming the gop with his ammendment
it exempts disabled veterans from the "Means" test in bankruptcy court, it was supported by Roberts i think or someone that looks like him, clerk calling the roll now, votes will start in a moment.
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AlCzervik Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-10-05 02:42 PM
Response to Reply #3
6. voted in the negative---------
none so far
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RobertSeattle Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-10-05 02:38 PM
Response to Original message
4. Gotta keep those millionaire loopholes...
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OneTwentyoNine Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-10-05 02:44 PM
Response to Original message
7. Who'll be the first Bush voting freeper with medical bills burnt by this?
I'd like to say I care but I don't anymore.We've been telling them for over four years how Bush and his Corporate cronies were going to take over and gut the middle class but they wouldn't listen.

All they care about is War and that lame ass $3.00 per week tax cut they got--like that does any good when gas is .80-1.00 per gallon more than when Clinton was in office.

Have a nice life you Bush voting fucks....

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hatrack Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-10-05 03:38 PM
Response to Reply #7
16. Agreed - I just can't care any more
If people were stupid enough to buy into the shiny TV bullshit and swallow this administration's mammoth blatant lies, then they deserve to be fucked.

Oh, and before you jump down my throat for failing to "reach out" or failing to approach the liberal ideal of empathy and understanding, know this - I'm saving my empathy and understanding for those of us intelligent enough to see past Little Boots' high gloss spin-cycled image.

We're going to be fucked just like the hypothetical freeper in OneTwentyoNine's post above, but at least we didn't CHOOSE that option.
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flpoljunkie Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-10-05 02:48 PM
Response to Original message
8. Looks like the Dems are going to win one-R's too ashamed to vote this one
Edited on Thu Mar-10-05 02:49 PM by flpoljunkie
down. It would exempt disabled veterans who incurred debts (more than 50%) while on active duty from the means test in the bankruptcy bill.

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housewolf Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-10-05 02:59 PM
Response to Reply #8
11. Guess Durbin finally shamed them into it...
Well, we got one out of all those ammendments, what a travesty this whole process has been!

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madfloridian Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-10-05 02:53 PM
Response to Original message
9. Dare I list the Dems who support this bill wholeheartedly?
The bill is so bad it shocked the The New Republic.

http://www.tnr.com/etc.mhtml
Washington, D.C.--With consumer debt reaching record highs of more than $2 trillion, members of the New Democrat Coalition (NDC) sent a letter today to Speaker Dennis Hastert, urging him to schedule House action on the bankruptcy reform legislation as soon as the Senate completes its consideration of the bill. The letter, signed by twenty NDC members, including the four NDC leaders, reiterates New Democrats' long-standing support for common-sense bankruptcy legislation and states an intention to work across the aisle to pass bankruptcy reform into law.

"I'm pleased to see so many New Democrats band together in calling for a mainstream solution to bankruptcy reform. I hope Speaker Hastert will heed our calls and move promptly to bring this legislation to the floor soon," said Rep. Ellen O. Tauscher.

"This bankruptcy bill strikes an equitable balance between essential protections and responsible reform necessary to curb abuses of the current code by people with the financial means to pay their debt," stated Rep. Kind. "As champions of both personal and fiscal responsibility, New Democrats supported bankruptcy reform in the past, and we stand ready to adopt this common-sense measure when it comes to the floor of the House."

"The bankruptcy legislation needs to be brought to the House floor," said U.S. Rep. Adam Smith. "Personal responsibility is an important value that must be part of our public policy. This legislation ensures that Americans must make good on their commitments while also protecting those who truly need help under Chapter 7 bankruptcy laws."

"Bankruptcy is an option that ruins credit and homeownership opportunities for too many Americans," said Rep. Artur Davis. "This legislation will deter bankruptcies that are unnecessary and ill considered, while still permitting a fair second chance for low-to-moderate income consumers who face financial hardship. Individual consumers and businesses will benefit from a more streamlined bankruptcy system."

# # #

The Honorable J. Dennis Hastert
Speaker
U.S. House of Representatives
H-232, The Capitol
Washington, DC 20515

Dear Mr. Speaker:

We write to encourage you to bring bankruptcy reform legislation to the House floor as soon as the Senate completes its consideration of the bill. The New Democrat Coalition has backed common sense bankruptcy reform in the past and helped in passing the bankruptcy reform bill by overwhelming margins in the House of Representatives during the 108th Congress.

Over the last several years, we have worked to advance reasonable and balanced legislation that would require individuals who have the ability to repay their debts to do so, while preserving the important safety net of bankruptcy under Chapter 7 for those who truly need it. We believe that responsible bankruptcy reform embodies the New Democrat principle of personal responsibility, while at the same time adding important new consumer protections such as requiring enhanced credit card disclosure information and encouraging participation in consumer credit counseling.

It is our hope that the House of Representatives will consider this important piece of legislation in an expedited manner. We stand ready to work with you and our colleagues on both sides of the aisle to pass bankruptcy reform into law.

Sincerely,

Rep. Ellen O. Tauscher
Rep. Adam Smith
Rep. Ron Kind
Rep. Artur Davis
Rep. Carolyn McCarthy
Rep. John Larson
Rep. Stephanie Herseth
Rep. Dennis Moore
Rep. Mike McIntyre
Rep. Joe Crowley
Rep. Jay Israel
Rep. David Wu
Rep. Diane Hooley
Rep. Melissa Bean
Rep. Jim Davis
Rep. Harold E. Ford, Jr.
Rep. Ed Case
Rep. Jay Inslee
Rep. Shelley Berkeley
Rep. Gregory W. Meeks
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AlCzervik Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-10-05 02:55 PM
Response to Original message
10. Shumer up, another ammendment to stop letting millionaires
from hiding their assests. Whoren Hatch up now disptuing Shumer.
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AlCzervik Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-10-05 03:07 PM
Response to Reply #10
12. voting against the shumer ammendment.
Nelson of nebraska and of course all the republicans, they are calling the vote on record now.

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katinmn Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-10-05 03:15 PM
Response to Reply #12
13. delete comment
Edited on Thu Mar-10-05 03:16 PM by katinmn
spoke too soon
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AlCzervik Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-10-05 03:19 PM
Response to Original message
14. Talent ammendment up now
he claims his will close the millionaire loophole....bullshit, it basically keeps things the same, clerk calling the roll now.
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AlCzervik Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-10-05 03:27 PM
Response to Reply #14
15. talent ammendment passed, kept the status quo
Edited on Thu Mar-10-05 03:27 PM by chimpsrsmarter
the full Nelsons voted aye....so tired of them. salazar, Byrd and Biden also voted aye.
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