Senator MBNA might just fit with his leader?

Note: This is retitled from a 2007 post, with a link from earlier this week from a Florida bankruptcy lawyer included in the main.

In addition to Joe Biden, Hillary Clinton voted FOR an initial version of the new bankruptcy bill in 2001, as did other now-presidentially deceased Democrats.

Barack Obama voted no on the 2005 version. But, is Obama totally clean?

Err, in the final 2005 bill, he voted AGAINST a 30 percent cap on interest rates. That’s because financial firms, as a industry/professional group, were his second-biggest bloc of donors already at that time; of course, they're at the top of the list now.

We need national regulation of the credit industry, and with standards tougher than Delaware and South Dakota. Unfortunately, we're not hardly any more likely to get it from a Biden administration than a McCain one.

Carmen Dellutri of Florida Bankruptcy Blog appears to agree. Dellutri also notes how both Obama and Biden cast an apparently political grandstanding vote re first mortgages and the bankruptcy code earlier this year.

I hate to sound like a naysayer, but these guys are smart and they know how to play politics.

OK to be a naysayer, Mr. Dellutri.