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.

Obama and Republicans lose on free trade bill
Free trade with higher wage countries & the China card
The financial problems of just living together
Economic discrimination
About Gene Veith

Professor of Literature at Patrick Henry College, the Director of the Cranach Institute at Concordia Theological Seminary, a columnist for World Magazine and TableTalk, and the author of 18 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.


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