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September 1, 2006 at 12:05:12

GOP Bankruptcy Vote Comes Back to Crush U.S. Troops

by David Sirota     Page 1 of 1 page(s)

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Back in 2005, when the credit card industry lobbyists were corralling republican and Democratic lawmakers to vote for the corporate-written Bankruptcy Bill, Sen. Dick Durbin offered an amendment (details attached) to preserve existing protections for troops serving in Iraq. National guardsmen, for instance, sometimes are forced to take a pay cut from their regular jobs when they are called into service and deployed overseas. Lord knows our soldiers serving in Iraq have enough to worry about - and gutting their bankruptcy protections while they were deployed was something Durbin thought was unacceptable. Unfortunately, only 38 of his Senate colleagues agreed with him, and his amendment was defeated. Those voting against the amendment included Montana Sen. Conrad Burns (R), Ohio Sen. Mike DeWine (R), Virginia Sen. George Felix Allen, Jr., Pennsylvania Sen. Rick Santorum (R), Missouri Sen. Jim Talent (R), Rhode Island Sen. Lincoln Chafee (R) - all incumbents facing serious challenges for reelection.

Now, according to a new Pentagon report highlighted by USA Today (story linked below), "As many as one in five members of the armed services are being preyed on by loan centers set up near military bases that can charge cash-strapped military families interestso of 400% or more." Let's be clear - trying to take advantage of soldiers at a time of war when they are under stress is a form of war profiteering. And thanks to our bought-off Congress - it's all perfectly legal. Here's hoping the senators who voted against Durbin's amendment get hammered for it.



To see the original Senate vote, go to:
http://www.senate.gov/legislative/lis/roll_call_lists/roll_call_vote_cfm.cfm?congress=109&session=1&vote=00013

To see background on Durbin's amendment, go to:
http://durbin.senate.gov/record.cfm?id=233501

To see the USA Today story, go to:
http://www.usatoday.com/news/nation/2006-08-30-military-loans_x.htm

 


David Sirota is a full-time political journalist, best-selling author and
nationally syndicated newspaper columnist living in Denver, Colorado. He blogs for Working Assets and the Denver Post's PoliticsWest website. He is a Senior Editor at In These Times magazine, which in 2006 received the Utne Independent Press Award for political coverage. His 2006 book, Hostile Takeover, was a New York Times bestseller, and is now out in paperback. He has been a guest on, among others, CNN, MSNBC, CNBC and NPR. His writing, which draws on his extensive experience as a progressive political strategist, has appeared in, among others, the New York Times, the Los Angeles Times, the San Francisco Chronicle, the Baltimore Sun, the Nation magazine, the Washington Monthly and the American Prospect. Sirota was a twice-a-week guest on the Al Franken Show. He currently serves in a volunteer capacity as the co-chairperson of the Progressive States Network - a 501c3 nonpartisan organization.

In the years before becoming a full-time writer, Sirota worked as the press secretary for Vermont Independent Congressman Bernard Sanders, the chief spokesman for Democrats on the U.S. House Appropriations Committee, the Director of Strategic Communications for the Center for American Progress, a campaign consultant for Montana Gov. Brian Schweitzer and a media strategist for Connecticut Senate candidate Ned Lamont. He also previously contributed writing to the website of the California Democratic Party. For more on Sirota, see these profiles of him in Newsweek or the Rocky Mountain News. Feel free to email him at lists [at] davidsirota.com Note: this online publication represents Sirota's personal views, and not the official views of the organizations he works with.


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