[quote=kewp]The really easy, simple, trivial fix for this is we need to put some stiff caps on national, corporate and personal debt and then *enforce* them.
On top of that; no more damn foreclosures and personal bankruptcies. Defaulting on debt should be illegal. [/quote]
actually the problem came when they limited bankruptcy.
Bankruptcy allowed people to wash the slate clean.
[quote=kewp]The really easy, simple, trivial fix for this is we need to put some stiff caps on national, corporate and personal debt and then *enforce* them.
On top of that; no more damn foreclosures and personal bankruptcies. Defaulting on debt should be illegal. [/quote]
actually the problem came when they limited bankruptcy.
Bankruptcy allowed people to wash the slate clean.
[quote=kewp]The really easy, simple, trivial fix for this is we need to put some stiff caps on national, corporate and personal debt and then *enforce* them.
On top of that; no more damn foreclosures and personal bankruptcies. Defaulting on debt should be illegal. [/quote]
actually the problem came when they limited bankruptcy.
Bankruptcy allowed people to wash the slate clean.
[quote=kewp]The really easy, simple, trivial fix for this is we need to put some stiff caps on national, corporate and personal debt and then *enforce* them.
On top of that; no more damn foreclosures and personal bankruptcies. Defaulting on debt should be illegal. [/quote]
actually the problem came when they limited bankruptcy.
Bankruptcy allowed people to wash the slate clean.
[quote=kewp]The really easy, simple, trivial fix for this is we need to put some stiff caps on national, corporate and personal debt and then *enforce* them.
On top of that; no more damn foreclosures and personal bankruptcies. Defaulting on debt should be illegal. [/quote]
actually the problem came when they limited bankruptcy.
Bankruptcy allowed people to wash the slate clean.
