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Political Factoid
The American way for
abdicating fiscal responsibility
- American individuals declare bankruptcy
- Corporations do so routinely
- Cities declare bankruptcy (e.g., Detroit)
- Counties declare bankruptcy
(e.g., Jefferson County, AL)
- U.S. Territories (e.g., Puerto Rico?)
- Various states are waiting in line
- The national debt could be erased by
bankruptcy
Just what we need:
An exerienced bankruptcy expert at the helm.
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