Responsibility, the Bankruptcy Law and feudalism

"Incredibly flawed" bankruptcy bill? What is wrong with asking citizens to show a little personal responsibility?

The above is from the comments section of a post on the bankruptcy law and it is indeed a very good question. The problem with the law that was just passed by the senate is only a portion of the country is being "held responsible". The wealthy are not held responsible, the Kenneth Lays will still be able to protect their assets. But that's not the real flaw. The MNMBA's and Citibanks are not held responsible for irresponsibly issuing credit cards that they know full well people will never be able to pay off. George W. Bush's "ownership society" is nothing but a return to feudalism where a very few own everything. The predatory lending practices of the credit card industry is part of this return to feudalism. The goal is the creation of a nation of indentured servants. While bankruptcy has been on the rise so has the profits of the credit card companies. Do you red state Christians remember what Jesus had to say about money lenders? I guess not, that's not among the bible passages your hypocritical leaders like Fallwell and Roberts bring to your attention. So welcome to the 16th century. You are about to find out it wasn't what it was cracked up to be. You see in the 16th century only the common man was held responsible not those at the top.
Update
The Green Knight makes a good point so I'm going to move his comment up to the front.

Feudalism? If only it were that civilized. In the feudal system, those at the top at least had the obligation to protect those at the bottom from physical dangers. This is more like a return to the Gilded Age and its robber barons. In other words, to the economic disaster that we spent much of the twentieth century trying to recover from.

He is correct, the "robber barons" in power feel no obligation to protect anything but their bottom line. Social Darwinism at work.