2007 Iowa Brown & Black Presidential Forum: on Corporations


Chris Dodd: Bankruptcy Reform Act hurt working class families

DODD: [to Edwards]: Back in 2001 the congress passed I think one of the worst pieces of legislation of all time: the so called the Bankruptcy Reform Act. Senators Clinton, Biden, and Edwards voted for that bill, which drove a lot of people working class families into poverty, & made it very difficult for them to manage their lives & to get back on their feet again. John, you made a big issue of poverty, something you have dedicated your life to. So could you explain to me why you’d vote for a piece of legislation like that which did so much damage to so many families in our country?

EDWARDS: Yeah, I was wrong. I was wrong and you were right Chris. I should not have voted for that bankruptcy bill. It was a bad, bad piece of legislation. I think any of us who voted for it were wrong to have voted for it. I think there were some good provisions in it but I think on the whole when you look it at it actually did damage to low income families and working families in this country.

Source: 2007 Iowa Brown & Black Presidential Forum Dec 1, 2007

John Edwards: I was wrong to vote for Bankruptcy Reform Act

DODD: [to Edwards]: Back in 2001 the congress passed I think one of the worst pieces of legislation of all time: the so called the Bankruptcy Reform Act. Senators Clinton, Biden, and Edwards voted for that bill, which drove a lot of people working class families into poverty, & made it very difficult for them to manage their lives & to get back on their feet again. John, you made a big issue of poverty, something you have dedicated your life to. So could you explain to me why you’d vote for a piece of legislation like that which did so much damage to so many families in our country?

EDWARDS: Yeah, I was wrong. I was wrong and you were right Chris. I should not have voted for that bankruptcy bill. It was a bad, bad piece of legislation. I think any of us who voted for it were wrong to have voted for it. I think there were some good provisions in it but I think on the whole when you look it at it actually did damage to low income families and working families in this country.

Source: 2007 Iowa Brown & Black Presidential Forum Dec 1, 2007

  • The above quotations are from 2007 Iowa Brown & Black Presidential Forum, moderated by NPR, and broadcast on HDNet, from Des Moines, Iowa, Dec. 1, 2007.
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2016 Presidential contenders on Corporations:
  Republicans:
Gov.Jeb Bush(FL)
Dr.Ben Carson(MD)
Gov.Chris Christie(NJ)
Sen.Ted Cruz(TX)
Carly Fiorina(CA)
Gov.Jim Gilmore(VA)
Sen.Lindsey Graham(SC)
Gov.Mike Huckabee(AR)
Gov.Bobby Jindal(LA)
Gov.John Kasich(OH)
Gov.Sarah Palin(AK)
Gov.George Pataki(NY)
Sen.Rand Paul(KY)
Gov.Rick Perry(TX)
Sen.Rob Portman(OH)
Sen.Marco Rubio(FL)
Sen.Rick Santorum(PA)
Donald Trump(NY)
Gov.Scott Walker(WI) 		Democrats:
Gov.Lincoln Chafee(RI)
Secy.Hillary Clinton(NY)
V.P.Joe Biden(DE)
Gov.Martin O`Malley(MD)
Sen.Bernie Sanders(VT)
Sen.Elizabeth Warren(MA)
Sen.Jim Webb(VA)

2016 Third Party Candidates:
Gov.Gary Johnson(L-NM)
Roseanne Barr(PF-HI)
Robert Steele(L-NY)
Dr.Jill Stein(G,MA)
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