ck4829
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Wed Jul-13-11 10:49 AM
Original message |
US declares bankruptcy, finds out it's subject to 2005 'bankruptcy reform' law |
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"OK, United States, you've declared bankruptcy..."
United States: "Oh sweet! Now we don't have to pay those pesky public employees their pensions!"
Judge: "Not so fast! You have to see a credit counselor and a financial manager as part of the bankruptcy deal."
Now what would they find out?
Pretty sure their report would include: A crumbling infrastructure while spending extravagantly on the military and even to the point where there's funding for projects that they don't even use anymore Letting people and corporations who are supposed to be paying you taxes instead abuse loopholes and offshore tax shelters, the response "meh" A constant belief in the scam called 'trickle down economics', losing money while the poor 'top 2%' kept getting richer And more
When a little person declares bankruptcy, they have to receive credit counseling and financial management. If the government can declare it, then it should receive this too instead of just running off into the distance and shouting "Don't have to pay your pensions now, SUCKERS!!!"
And after all, if the government doesn't have it drilled into it's head that a failing infrastructure is not a good idea, letting loopholes and offshore tax shelters be abused if a bad idea, and ten years of believing that tax cuts will create jobs... eventually is one of the worst ideas ever; then what's stopping the government from repeating those things again?
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NightWatcher
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Wed Jul-13-11 10:54 AM
Response to Original message |
1. and I'm getting a tank when they are forced to liquify their assets for pennies |
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Wed Apr 24th 2024, 10:38 AM
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