Joemendacious

Lieberman is shocked, shocked that his colleagues in the Senate would vote for the "flawed" bankruptcy bill.

WASHINGTON - Senator Joe Lieberman (D-CT) today made the following statement on the passage of S. 256 the Bankruptcy Reform Bill by a vote of 74 to 25.

“I have always supported bankruptcy reform legislation in the Senate when it has reflected a bipartisan effort to enact a balanced bill for both debtors and creditors and I have opposed it when confronted with a bill that seemed one-sided. This is not a balanced bill. I voted against this bill because it failed to close troubling loopholes that protect wealthy debtors, and yet it deals harshly with average Americans facing unforeseen medical expenses or a sudden military deployment. The Senate simply rejected out of hand many worthwhile amendments that would have protected these and other working Americans who find themselves in dire financial straits through no fault of their own. As a result, I believe this is a seriously flawed bill and I am disappointed at its passage.”

What a truly remakable example of political posturing. I don't recall Lieberman making a statement explainning why he voted for cloture on the bill, eliminating the possibility of a filibuster, and guaranteeing the bill would pass with only a simple majority in the Senate.

Lieberman, in his calculating way, has now given his corporate paymasters what they wanted while being able to tell Connecticut voters that he remains true to Democratic principles.

DeLong is correct in his advice to Marshall Whitman.