What is the lesson now? | Talking Points Memo

Todd Zywicki (credit industry head cheerleader, Volokh Conspirator and maybe the only bankruptcy professor in America who actually supported the recent Congressional mangling) has a lot of work ahead of him. Families will soon discover what life is like when the door to the bankruptcy court, the financial refuge of last resort for the past 107 years, is too narrow to permit many of them any relief. So what’s the best way to head off a Congressional stampede to bring back the century-old system? Blame families.

This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=1249951

Are you discobot or Elizabeth Warren?