Dave Ramsey on new Bankruptcy Law

Dave Ramsey was on CNBC to discuss a new banckruptcy law. Here's a few interesting quotes and a link to watch the video.

"No one except for me and Ted Kennedy are standing up for the consumer. I can't believe we're on the same side."

We've got a bad business model because you give dead people, dogs, and people who shouldn't have credit cards, credit cards -- then quit giving them credit cards! . . . This is bought and paid for by the bankers, baby, and it is anti-consumer -- a real bad plan. I am positive that the backers of the plan had their back pocket in mind. . . . It's wrong."

"I generally vote Republican, and I'm ashamed of the Republicans."

Watch the video here