http://www.freerepublic.com/focus/f-news/1358749/posts?q=1&&page=1snip>
I usually disagree with Krugman, and sometimes find him disingenuous and tendentious, but I agree with each and every word he wrote in this Op Ed piece.
Credit Card companies know the risks when they extend credit, and induce the spendtrift who don't read the fine print to get sucked into the quicksand. BK and a fresh start is not only something I think if fundamentally moral and right, but it also is the only real curb there is on credit card companies just going hog wild, and leading some folks into lifelong peonage as Krugman would put it.
I am a Republican, and if I were in the Senate, I would have been the sole Pubbie to vote no on cloture with respect to this turkey.
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I have to agree. Conservatism must mean something more than simply doing what pleases big business.
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Ditto.
I even wrote Krugman to tell him so.
I hope the Republicans are pleased with themselves--they are going to pay a huge political price for this down the line.
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"And isn't it amusing to hear this batch of leaders make those arguments while creating this kind of debt?"That last one's my favorite.