Social Insurance and Labour Law in Practice

Almost half of the bankruptcies in the United States are connected to an illness in the family, whether people had health insurance or not. Middle-class Americans, who had the misfortune of either experiencing a medical emergency themselves or watching a family member suffer, were then forced to face the daunting task of pulling themselves out of debt. Bankruptcy law has allowed them to start over. It has given hope. Now this new law will put people on their own. Illness or emergency creates medical bills. We are telling the people that they themselves are to blame. At the same time, we are removing protections that would stay an eviction, that would keep a roof over the head of a working family. We allow the credit industry to trick consumers into using subprime cards, with exorbitant interest rate hikes and fees. Then we hand those same consumers over to an unforgiving prison of debt, to be put on a rack of insolvency and squeezed dry by the credit card industry. We are protecting the profits of the credit card industry instead of protecting the economic future of the American people. Americans are left on their own. That's what this Administration's "Ownership Society" is all about — you're on your own — and your ship is sinking.

Insurance - an ingenious modern game of chance in which the player is permitted to enjoy the comfortable conviction that he is beating the man who keeps the table.

We all know that the roots of injustice run deep. But violence cannot redress a solitary wrong, or remedy a single unfairness. Of course, all America is outraged at the assassination of an outstanding Negro leader who was at that meeting that afternoon in the White House in 1966. And America is also outraged at the looting and the burning that defiles our democracy. We just must put our shoulders together and put a stop to both. The time is here. Action must be now. So, I would appeal to my fellow Americans by saying, the only real road to progress for free people is through the process of law and that is the road that America will travel.