SpiderFarmer

Kevin Drum at the Washington Monthly adds some interesting tidbits to the new “America is for Serfs” finance laws:
It’s hardly possible to become an instant expert in a field like this, but there are nonetheless a few proxies that can help us see what’s really going on, things that help us figure out the [...]

A Senate bill to overhaul federal bankruptcy laws, a top priority of retailers, auto lenders and banks, cleared a key hurdle Tuesday afternoon. Sixty-nine senators — nine more than needed — voted for “cloture,” a procedural move that limits debate. Republican leaders hope to push the bill to a final vote by the end of [...]