Hoc Est Qui Sumus (discoflamingo) wrote,
Hoc Est Qui Sumus

This Bankruptcy Debacle

There was an interesting "discussion" this morning about the new bankruptcy bill on MPR's Mid-Morning, which has been driven home by a number of excellent posts by sophiaserpentia. I would like to draw your attention to a few of sophiaserpentia's recent posts, all of which are very good:

The word for the day is "usury"
Poll on Credit Cards
Debt as economic fuel
So what does economics have to do with the serpent's wisdom?

This article (referenced in comments) is intriguing by itself:

Soaring Interest Compounds Credit Card Pain for Millions

EDIT: Additional articles of note:

Fanatical Apathy hits a homer.
Senate defeats minimum-wage plans

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