To serve the interest of consumer justice I voted NO vote on S. 256, the Bankruptcy Reform Bill.

As a result of the actions of the Republican led Congress, unscrupulous credit card companies will increase their strong, hard sell tactics pressuring more and more individuals and families to purchase more credit. Credit and hucksters can take more risks because they will now enjoy greater protection from the courts. The taxpayer-financed courts will become the debt collectors for the credit card swindlers. A federalized system will now protect the predators. Once again the doctrine of laissez-faire has been turned upside down. The marketplace has chosen to cling to the aprons of government. The banking private sector is demanding governmental interference in a situation where the taxpayers prefer not to pay agents for the work of strong enforcers.

###

Home Page / Biography / 11th District Information / Statements / Constituent Services / Legislative Information / DC - NY Links / News