What bankruptcy laws are for

Instead of a bailout, says this economist who also offers a good overview of what got us into this mess, we simply need to make use of our bankruptcy laws.

About Gene Veith

I am a retired English professor and college administrator. I have written over 20 books on different facets of Christianity & Culture.

  • http://necessaryroughness.org Dan at Necessary Roughness

    Jeff Miron is a good guy to read, and he makes a lot of sense here. I as a taxpayer should not be responsible for mortgage lenders who make mortgages whose payments don’t even cover interest plus principal.