I expect my rates to drop next Tuesday

I've been watching the Senate off and on today, watching any Democratic amendments defeated without much attention paid to their merit.

The L.A. Times reports on the day so far:

Republican senators continued their steady drive toward passing more stringent bankruptcy legislation Wednesday, knocking down a series of Democrat-sponsored amendments to exempt seniors and those facing medical hardship from some of its provisions.

The bill, expected to pass the Senate next week, would impose new hurdles on those seeking to erase their debts through bankruptcy in an effort to force more Americans to pay back more of what they owe.

The measure has been a longtime priority for banks and credit card companies. They argue that the costs of the country's increased number of personal bankruptcies gets passed on to credit-worthy consumers in the form of fees and higher interest rates.

I can't wait to get new credit card agreements next week with lowered rates and cheaper fees. I'm writing letter to thank my Congressman as we speak. While I'm at it, I'll also thank them for keeping the credit company's best interests in mind by defeating amendments offering some level of protection to the eldery, victims of catastrohic illness, and victims of fraud. They don't need the help, anyway.