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Bankruptcy

: The Debt Podcast

Ron Paul?s opposition of Bankruptcy Reform is hypocracy

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In his recent article, Congressman Ron Paul of Texas concludes that forcing inefficient corporations into bankruptcy is a more reasonable solution than bailing them out. ?Bankruptcy was the stimulus that we needed in the case of AIG. More bankruptcies would clean out malinvested resources and enable economic growth again.? Ron Paul gets it right, but why is [...]

Full post as published by The Debt Podcast on March 26, 2009 (boomark / email).

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