Joe Biden and Bankruptcy Protection

in #politics4 years ago

How Joe Biden Killed Bankruptcy Protection

https://www.gq.com/story/joe-biden-bankruptcy-bill

"The first duty of any senator from Delaware is to do the bidding of the banks and large corporations which use the tiny state as a drop box and legal sanctuary. Biden has never failed his masters in this primary task. Find any bill that sticks it to the ordinary folk on behalf of the Money Power and you’ll likely detect Biden’s hand at work."...

Slavery is supposed to be illegal in the United States. Particularly in the case of student loans, something has to happen here but I don't see limiting the something to student loans. What I would suggest is that Joe the Gangster's stupid law be rescinded or modified so that anybody can eliminate debt via bankruptcy after paying the original amount of a loan and that somewhere around 1.5 times the original amount of a loan, the loan is considered paid. Bankers should be made to understand that the United States is a Christian nation and that their compound interest thing is allowed here only within civilized limits.

There is also the consideration that without the present out-of-control situation, bankers would become very much more reluctant to lend out vast sums for education and the cost of education would have to come down. Rick Perry was talking about a ten thousand dollar bachelor's degree a few years back and you have to wonder what ever happened to that idea.