The Bankruptcy Bill passed the House two days ago, and I’m disappointed to say that Dennis Moore voted for it. I understand that he’s in a tough position, and needs to break ranks on different things, but this was an awful piece of legislation, and it deserved to be attacked.
I think the Democratic leadership is right to refuse to propose a plan on Social Security; there’s no crisis, and dramatic action isn’t necessary. I think a credible alternative to the bankruptcy bill could have peeled off a few moderate republicans, and would have forced others to say that they voted against bankruptcy reform before they voted for it.
This bill makes it harder for people in tough circumstances to escape debt. The House leadership shut off debate and amendments, but Senate Democrats offered amendments which illustrate some very reasonable circumstances where debt ought to be forgiven as a matter of policy. American soldiers, especially in the National Guard and the Reserves, shouldn’t be trapped in poverty because they were off fighting for our country instead of making car payments. People who have massive medical bills for themselves or their families shouldn’t be forced to sell everything they own. Victims of identity theft should be assured that fraudulent debts will be eliminated.
Each of these amendments, and many more, was rejected in the Senate. There is no positive agenda being served here. It’s a pure, crying shame.
If your brother becomes poor, and sells part of his property, then his next of kin shall come and redeem what his brother has sold. If a man has no one to redeem it, and then himself becomes prosperous and finds sufficient means to redeem it, let him reckon the years since he sold it and pay back the overpayment to the man to whom he sold it; and he shall return to his property. But if he has not sufficient means to get it back for himself, then what he sold shall remain in the hand of him who bought it until the year of jubilee; in the jubilee it shall be release, and he shall return to his property.