A Forum for Grinches and Ho-Ho-Hoes

[taxwonk]

Originally posted by sgtclub
Now granted, I haven't read the bill, but this statement is absurd:

• The record number of bankruptcies in America is not the fault of consumers so much as it's the fault of credit companies willing to extend credit to pretty much anyone, independent of their means or station. When I lived in Brooklyn, one of my roommates was unemployed for almost a full year. After six months of unemployment, he did an experiment and saved all the pre-approved credit offers he received. The result: in one month, this unemployed 26-year old was offered almost a hundred thousand dollars in preapproved credit. That the bankruptcy bill does zero to address this corporate malfeasance -- a major and easily-addressed cause of the bankruptcy rate -- is absurd.

Isn't the GOP the party of personal responsibility? To believe this statement, you must believe that the debtors are really the victims. PA-LEASE.

Is your last paragraph responding directly to the passage you quoted, or is it more general?