Guest blogger John Edwards says: 'I was wrong'

Of the punitive "Bankruptcy Reform" bill making its way through congress, John Edwards has seen the light: "Like a lot of Democrats, I voted for a bankruptcy reform bill before. I can't say it more simply than this: I was wrong. The bill is supposed to crack down on irresponsible borrowers. That's the right thing to do. The problem is that this bill imposes big burdens on families who did everything right but went broke just because they lost a job or lost their health insurance..." (Talking Points Memo)

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