More than half the bankruptcy filings in this country result from families being hard stricken by the costs of catastrophic illnesses according to a recent article in the New York Times.
"This bankruptcy bill is mean-spirited and unfair," said Senator Edward M. Kennedy, Democrat of Massachusetts. "In anything like its present form, it should and will be an embarrassment to anyone who votes for it. It's a bonanza for the credit card companies, which made $30 billion in profits last year, and a nightmare for the poorest of the poor and the weakest of the weak."
So, you get a catastrophic illness and cannot work, your insurance company eventually cancels your policy and you cannot pay the bills, what's next, debtor's prison?
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1 comment:
Leave it to Uncle Teddy to bring up Bonanza. He's still jealous about the incestuous relationship between Hoss and Little Joe.
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