Obama Proposes Bankruptcy Changes

Correctly characterizing the 2008 election as the "fat cats vs. struggling families", Barack Obama called for a change in the bankruptcy code to help military families, the elderly and those with extraordinary medical bills. Perhaps Obama is trying to show that he is the candidate for the average working class voter who previously may have been persuaded to vote for Hillary Clinton or John Edwards. Speaking of John Edwards, the former Senator gave a very vice-presidential speech today. As a consumer advocate, it is my belief this may be the best hope for the struggling families that I represent on a daily basis.

clipped from www.ajc.com Barack Obama moved Tuesday to paint the 2008 presidential election in stark terms of rich vs. poor, fat cats vs. struggling families. Those families, he said, "are being preyed upon by predatory lenders. If you're protecting America, America should be protecting you from unfair bankruptcy laws."