Who Hijacked Our Country

Tuesday, March 08, 2005

Congress = Whorehouse

If you like pornography, start drooling! The Senate is in the throes of “debating” the infamous bankruptcy bill. The sex is hot and heavy as our slutty senators lie down and spreadeagle themselves for their johns in the credit industry. If you could catch a venereal disease from this kind of sex, our promiscuous lawmakers would have more Syphilis, Gonorrhea, AIDS and Herpes than all the brothels of the world put together.

Several proposed amendments to the bankruptcy bill — including the two rival proposals for increasing the minimum wage — were voted down in the Senate yesterday. When the credit industry tells its hookers to bend over, they bend oooover.

The popular stereotype is that only deadbeats and parasites declare bankruptcy. In reality, the debt cycle — penalty fees plus the drastically increased interest rates after one late payment — can make it impossible for debtors to dig their way out. By the time an individual has filed for bankruptcy, he/she has often repaid an amount greater than their original credit card debt plus double-digit interest, but still owes a staggering amount because of penalties.

A judge in Cleveland, ruling against Discover in their continuing persecution of one of their cardholders, said “How is it that the person who wants to do right ends up so worse off?”

When this bankruptcy bill becomes law, here is a trend that’s likely to increase: a bankruptcy attorney in North Carolina said that “people would be better off if they stopped paying” once they get in over their heads. Once you stop paying, creditors write off the debt and sell it to a debt collector. He said “They may harass you, but your balance doesn't keep rising. That's the irony.”

For Christians who are looking for moral issues, here is what the Bible says about usury and excessive interest.

Note: I sincerely apologize to any prostitute who was offended by being compared to the United States Congress.

8 Comments:

Blogger www.BalanceTransfer.cc said...

This comment has been removed by a blog administrator.

March 8, 2005 at 2:35 PM  
Blogger www.BalanceTransfer.cc said...

I think that the American people are aware of how corrupt the Congress is today. What amazes me is that few Americans give a damn.


Domain Blog

March 8, 2005 at 2:37 PM  
Blogger Tom Harper said...

Yeah, Americans don't seem too concerned. It's a vicious circle: the more corrupt Congress gets, the more apathetic the public gets; the more apathetic the public is, the more corrupt Congress gets...

March 8, 2005 at 7:33 PM  
Blogger mulligan said...

You forgot to mention that the majority of people who file for bankruptcy do so due to medical bills, lost jobs, divorce, or a death. These aren't people who are deadbeats, but people who have found themselves in unfortunate circumstances that are trying to salvage what little they can. Instead of protecting the people they represent, Congress is protecting corporations. After all, they have been bought and paid for by these corporations.

March 8, 2005 at 7:53 PM  
Blogger Tom Harper said...

I try to keep my posts fairly short, so I left out lots of important details. Veterans are also going to be screwed over by this bankruptcy law. There have been some protections for veterans who are hounded by creditors -- but no more. It's a disgrace.

March 8, 2005 at 9:53 PM  
Blogger fm_illuminatus said...

I usually disagree with liberals, but I'm siding with you guys on this one. This whole rewrite of the bankrupcy laws is rediculous. The banks already have plenty of ways to screw average (and even reasonably wealthy) americans out of their money, they don't need another bankrupcy law to make it worse. Bank of America rips me off $33 for overdrawing my account 7 cents, and all they had to do is sit on their asses and wait for me to make a mistake balancing my checkbook. They can certainly can afford to leave bankrupt people and vets alone. It's just a matter of being TOO GREEDY to let go.

March 8, 2005 at 10:40 PM  
Blogger Tom Harper said...

fm_illuminatus, glad to see you're finally coming around :)

March 8, 2005 at 11:48 PM  
Blogger dom said...

It's very probable that all the prostitutes in the world have cleaner dresses than some Senators girlfriends :)

March 9, 2005 at 4:56 PM  

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