Bankruptcy

I don't care for the new bankruptcy bill, either, but I don't condone people running up credit card bills and then declaring bankruptcy. The question is whether they planned on doing so, and why the credit card companies are so lax with their credit policies. Bankruptcy should be for people who need through no fault of their own, but it's hard to sympathize with companies who charge 20% and higher. If they want to cinch up the borrowers, they should submit to usury laws. The limits on interest seemed to disappear after the inflation during the Carter administration, and never came back. I think they should.