Megan gives a comprehensive outline of the current situation, sparing neither bankruptcy filers nor the credit card companies, and finally makes a cogent statement against the current bill, arguing that our loose bankruptcy laws make us more risk-tolerant, spurring production.

It's a powerful argument that I'm not sure I quite buy. 'Course, I'm a short-sighted moralist.

Posted by: Attila at 01:47 PM | No Comments | Add Comment
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