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.

Don't know much about history
What Trump gets right
How China is buying up Hollywood
Liberalism of the left & liberalism of the right
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.