October 05, 2005


Thanks Joe, but No Thanks

Joe Biden is forming an "exploratory committee" to gauge his chances for a presidential bid in 2008. Here's why his committee will find that his chances of having sex with a polar bear are better.

Two weeks before a new, more restrictive national bankruptcy law goes into effect, financially strapped Americans are rushing to file for protection from their creditors, with filings climbing to an unprecedented average of 13,000 a day last week.

Week after week records are toppled. Last week's 68,287 filings surpassed the record set the week before by 24 percent, and this week's total is likely to be higher, according to data released yesterday by Lundquist Consulting Inc., a financial research firm. Daily filings averaged 10,367 in September, compared with an average of 6,079 in September 2004.

That bill was Biden's baby. When it was taken off of life support he kept pocketing banking industry cash to dash over to the Old Bills Home and give it mouth-to-mouth resuscitation to keep it alive until there was a friendly enough congress and a president willing to sign it. That bill and all it's doing to folks in Louisiana, and will do to families everywhere is a stone that needs to be hung around Joe Bidens neck in perpetuity. Someday, there should be a map published to his grave so people whose lives were fucked up by this bill can go piss and shit on his grave, to thank him.

In the macabre irony sweepstakes, the republicans who crawled up and had cash inserted into their asses by the banking industry lobbyists to get this bill passed, piously proclaim that people should not get themselves into a position where they need to declare bankruptcy.

Unfortunately, those good god-fearin' souls forgot to exempt or allow any leniency at all for folks who are forced into bankruptcy because of medical bills or even, hmmmmm, natural disasters. Imagine that. CongressCriminals who have run our country into massive debt for generations to come, lecturing penniless Americans on "Personal Responsibility".

Just think what would happen if every American went and filed bankruptcy on October 16th before the close of business, whether they needed to or not. One word: Chaos. I guess that the banking industry could say "Missed it by that much".
posted by Jo Fish on 10.05.05 at 12:33 AM





Comments:

Biden deserves to be pissed and shat upon now. Why wait for the CS'er to kick. Maybe Jimmy Jeff is already taking care of it anyhow.

What if everyone just stopped paying their credit card statements. Cards get shut off and then the economy crashes because most folks don't have the spare change to pay for things up front. Would Sarbanes-Oxley cover this kind of projected bad debt for the Reagan de-regulated banking industry?

Buzz Meeks

 posted by: Buzz Meeks on 10.05.05 at 09:09 PM [permalink]

I filed in September, more than a year after I had met with an attorney. I couldn't come up with the cash for my attorney for over a year. I make a better than median income and don't live extravagantly. I drive a Hyundai Accent and live in a tract house. But with Peak Oil coming to bite the entire world in the ass in the next few years and with the grim possibility that the wingnut theocrats and the rob the US Treasury crowd will find a way to institute debtor's prison, I saw no other way out of an incredible future mess.

I wouldn't piss down Joe Biden's throat if his heart were on fire.

I would piss on his person, though. His and every other SOB who supported this bill, including the junior Senator from New York.

There's plenty of blame to go around on this one.

 posted by: Eve Arden is My Co-Pilot on 10.06.05 at 10:18 AM [permalink]

What if everyone took all their money out of the banks on that date, and kept it out? Just put a bit back in when they needed to write a utility check, and the rest pay by money order, or cash. Bank failure?
Would it send a message?

 posted by: Margot on 10.06.05 at 04:04 PM [permalink]

No to Biden in this unofficial poll.

 posted by: Nina on 10.06.05 at 05:29 PM [permalink]

How can we contact Biden to tell him "I'll pass on supporting your run!"? I'd rather not vote at all for the presidency than reward this kind of crap. Who is naive enough to think that the credit card companies will now lower interest charges now that their profits are insured? Another example of why I am not an enthusiastic fan of liaise faire capitalism...

 posted by: Ray Robinson on 10.07.05 at 08:52 PM [permalink]

That and the plagiarism thing. If I recall, that's what shortened his 1988 run. There's no statute of limitations on dirt, so it doesn't help one's campaign to be a dirtbag.

 posted by: ts on 10.10.05 at 07:17 PM [permalink]


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All the original material © 2002-2003 Jo Fish
steal what you want, all I ask is an attribution of some sort
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