Name ::Cynthia
From: :Chicago, IL, United States
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Thursday, September 01, 2005
Public Policy and Katrina
by Congressman John Conyers The devastation along the Gulf Coast caused by Katrina and the ripple effects throughout the entire nation are tragic beyond description. What we are witnessing in Louisiana and Mississippi is the truism that when disaster strikes, the gap between rich and poor becomes a chasm. In today's lagging economy, far too many hardworking Americans are living paycheck to paycheck, just barely getting by. In that tenuous financial condition, many families are only one tragedy away from being devastated by debt. Many of the families who have now lost their homes, livelihoods, and personal possessions will soon be contacted by credit collection agencies demanding the next minimum payment on a credit card. Unfortunately, the bankruptcy bill recently passed by Congress makes matters far worse for these families. Continue reading ...
posted by Cynthia
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