The Texas Homestead Exemption tells you a lot about George W. Bush. He's for it. And it isn't good. It makes it possible for bankrupts to cheat their creditors by putting all their money into a house. Even if it's worth millions.
Most states have a limit on the amount bankrupts can squirrel away in the form of a luxury home.
But not Texas. Indeed, nowhere in Bushland. The only other big state that offers millionaires this escape hatch is Florida, where George W.'s brother Jeb occupies the state house. Federal judges thought they were being underpaid. Exactly what most Americans do when they have a grievance.