StayViolation.Com: OBiden -- How Both Oboma, Biden, and McCain For That Matter, Handed Bankruptcy Reform

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OBiden -- How Both Oboma, Biden, and McCain For That Matter, Handed Bankruptcy Reform

Barack Obama voted against BAPCPA, but also voted against capping interest rates on credit cards, so that is a mixed bag.

McCain and Joe Biden, Obama's VP nominee, both voted for BAPCPA.

Joe Biden, however, was one of the leaders pushing BAPCPA and fending off almost all attempts to amend it. This is certainly different from his image as an average Joe, who comes from and is always concerned for the working and middle class.

Biden even went as far as attempting to remove the language from BAPCPA that would have precluded a bankruptcy discharge for debts arising from portests at abortion clinics.

All of this prompted many to refer to Biden as "Senator MBNA", refering to his close relationship with the company, from his home state, and the large donations he received from and as a result of the company.

August 28, 2008 in Bankruptcy Trends, Public Issues And News, The Economy | Permalink

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