" Correcting this quirk of bankruptcy law." Obviously it wasn't a quirk, but a well thought out strategy. Was it any accident that the Bankruptcy Bill was enacted in 2005 when the subprime scam was taking off ? The judge cannot reduce a home loan but can on a second home or yacht?
What happened to Loiuisianna politics after Katrina? Did the state just happen to go Republican ?
When all these foreclosures happen during a presidential election year, where do all these people vote ? How many voters are we talking about ? How many will be eligible to vote so few months before the election after they have had to move ?
The displaced voters are in the millions...