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The U.S. should declare bankruptcy
Saturday, June 27, 2009 4:49 AM PDT
Perhaps I'm a dreamer, but what's wrong with a good dream?
I think that maybe the United States government should declare bankruptcy under one or the other chapters, or make up a new one. Wipe the slate clean. Start over debt-free and make a blood pact and promise to the American taxpayers that we will never put our country in debt again.
For over 50 years, I've lived on my income and saved a little money, too, for a rainy day.
Also, I would say that following the declaration of bankruptcy, there should be a recall of our jobs from China, Taiwan, Mexico, India and all the other cheap labor areas of this globe. We need our jobs here.
The end result of the economic difficulties in this country will result in what I see as social chaos that we haven't seen in our country since the Civil War.
Angry people are desperate people, eh what?
Larry P. Johnson
Lodi
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Bob Hussein Loblaw wrote on Jun 28, 2009 9:12 AM:
-Michael Scott, The Office. "
Gator wrote on Jun 27, 2009 6:49 PM:
Transmission…Local 1245 was as you say a joke.. The union took what the
Company let them have no more no less…I saw a contract go down twice
And the company said you pass it you can have your Retro Pay by Christmas. Bingo!! 1964 we worked 45 days daylight to dark rebuilding what the Christmas flood took down…Read the 3:25 post I believe you
Gas Rat’s fit in there…PG&E took excellent care of us and I’m enjoying
Every day of retirement…I would do it over in a heart beat not many will
Say that… "
dogs4you wrote on Jun 27, 2009 4:43 PM:
danielh wrote on Jun 27, 2009 4:30 PM:
Consequently ever since we are playing monopoly with fancy-colored paper things.
Since we don't have any money, it is impossible to pay our debts, and FDR's legacy public policy pays all of our debts for us.
Uhh... you don't know what I'm talking about, you say? Well, funny you think that, because I noticed the same thing.
I think some bankers pocketed the funds. "
danielh wrote on Jun 27, 2009 4:20 PM:
There's quite a bit of criminal activity happening in New York and Washington which caused our labor to go outside the borders. "
danielh wrote on Jun 27, 2009 4:13 PM:
I say that because federal law allows for bankruptcy, and admiralty law must be federal.
I just got done arguing law with anthropis.
The biblical basis for admiralty permits everybody to wash their hands of sins and to start over, but only when someone sheds some blood. "
danielh wrote on Jun 27, 2009 4:07 PM:
The United States has been in bankruptcy since 1789, and not until 1999 has there been any possibility of it being paid, through 70 years of slavery.
What's 1999 - 70 years (allowed to nations for bankruptcy - don't ask me how I know that) and what happened in that year? "
Gator wrote on Jun 27, 2009 3:25 PM:
Workers , and a host of other physical workers give 110% and take pride
In the work they do…If you don’t like your Job, can’t give it your all and
take pride in what you do your in the wrong line of work…. "
dogs4you wrote on Jun 27, 2009 2:27 PM:
Gator wrote on Jun 27, 2009 1:34 PM:
Plus an hour and better cars to boot…2009 the best built Cars Honda and Subaru(Motor Trend and JD Powers)…We have a chance to recapture our
dominance in manufacturing, two things need to happen, we need to start
thinking outside the box and get people off their Lazy A** and learn how
to work like the greatest generation did…I’ve seen far to many people who
once they get their probationary period over they think the company owes them a living…There are exceptions as far as workers go but lazy greedy
non producers are the general rule.. "
dogs4you wrote on Jun 27, 2009 12:13 PM:
Before declaring Bankruptcy, this country would have to have enough money coming in as to not allow this kind of recession to happen again, then perhaps the debt can be forgiven. People back to work and paying their taxes to keep the government going. I know tax is a dirty word and it`s not going to get any better or smaller. Give me strength to complain another day. "
wtf wrote on Jun 27, 2009 11:35 AM:
Larry, GREAT letter! Either the U.S. declare bankruptcy or declare an equivalent of the Biblical Jubilee where EVERYONE is forgiven their debts....that would include us! "
T & C wrote on Jun 27, 2009 8:14 AM:
T & C wrote on Jun 27, 2009 8:11 AM:
It's never too late to reverse this decision, "but you and I know it will NEVER happen!" "
T & C wrote on Jun 27, 2009 8:11 AM:
"The downfall of our Economy I believe was the "Careless "Outsourcing to other countries" of our jobs! For the sake of Profit" Corporations put people in other counries to work, while putting thousands and thousands of Americans "OUT OF WORK"!
It's never too late to reverse this decision, "but you and I know it will NEVER happen!" "
T & C wrote on Jun 27, 2009 8:08 AM:
It's never too late to reverse this decision but you and I know it will NEVER happen! "
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