[patriciaruth]

overhaul of the bankruptcy laws, that benefited only big lenders vs. Americans.

When "big lenders" have to mark up their goods and credit card and other interest rates to offset losses from bankruptcy filers, that means AMERICANS like you and me pay more for goods and services.

The only ones stung in a bankruptcy filing are not "big lenders." There are many small business owners and small retired landlords who get stung with uncollectable bills.

And since when is it good for Americans to not learn to be careful with their borrowing, especially the free for fall use of credit cards? Responsibility and accountability are not good values for Americans???

[investigateworld]

"When "big lenders" have to mark up their goods and credit card and other interest rates to offset losses from bankruptcy filers, that means AMERICANS like you and me pay more for goods and services."

Actually, the gap of what the banks pay for their money, versus what they charge for interest on credit cards has never been higher. (I'm not positively, absolutely 100% certain, so I'm pinging a financial guy)
But the reality is the lending institutions lowered their standards then went crying to Washington to ensure their profits. So what we saw is the perfect illustration of what was described as "Washington Ability" in Atlas Shrugged.
(But be weary weary quite here, I'm baiting a trwap)