Political Quotes

“I am concerned that when we set about dealing with the bankruptcy code and reform, we tried to do it in a balanced fashion in the Senate bill. Tonight, when you go home, open the mailbox, and you know what you are going to find--preapproved credit card applications. If you are an average American, you get 28 a year. If you happen to be in the prime target group, you get many more. A college student, in the first 6 months they are in college, can expect to be inundated. You are 18 years old and you can sign a contract; they can't wait to get you. The dean of students at the University of Indiana tells us that the No. 1 reason kids are leaving school at Indiana is not grades, it is credit card debt. That is what is happening. So when there is a speech made about the shame of bankruptcy, what about the shame of some of these credit practices?”