Edwards voted for the Bankruptcy Reform act of 2001. Kerry didn't [View All]

[Renew Deal]

Edwards voted for an act that will leave American families with piles of debt. He did this to benefit his pals in NC banks. The banks didn't let this go unrewarded.

Here is the act:
http://carper.senate.gov/acrobat%20files/FS030501.pdf

Here is how Tom Paine explains it:

<snip>
"In 2001, Congress pondered the so-called bankruptcy reform act. The bill—much desired by credit card companies—made it easier for these corporations to collect debt from people declaring bankruptcy. It was particularly tough on laid-off workers, older Americans and single parents, but cut affluent debtors slack and allowed them to keep their multi-million dollar homes. Edwards voted for the bill; Kerry did not."
<snip>
http://www.tompaine.com/feature2.cfm/ID/9794

Edwards gave the banks what they wanted (cash) and they gave Edwards what he wanted (cash).

The securities industry is his third highest contributor. The Banks are his 12th.

http://www.opensecrets.org/presidential/indus.asp?ID=N00002283&Cycle=All

This is just more proof that John Edwards is in the pocket of Business. Don't let that smile fool you.