Why It Matters
February, 2009
Lobbying, lobbying, earmarks. Blah, blah, blah. Not so fast, bro. There are real-life consequences to all this. Take theonkruptcy Abuse Prevention and Consumer Protection Act of 2005. This law made it impossible for ordinary people to get out from under credit card debt via bankruptcy. As Stanford law professor Lawrence Lessig has pointed out, normal folks are thus yoked to their debts even as corporations such as Bethlehem Steel can escape their pension obligations. Yeah, that's fair. Intere...
