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Politics : Mainstream Politics and Economics
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To: Broken_Clock who wrote (50778)8/13/2013 7:42:26 PM
From: sm1th1 Recommendation

Recommended By
i-node

   of 85487
 
not unlike a bk court stripping a worker of his contractually awarded rights.
How can any creditor have "rights" to money that does not exist? Bankruptcy means there isn't enough money to pay everyone. BK law defines the payment precedence. In the Chrysler BK, the Obama regime ignored the law and the courts let them. We are now a banana republic.
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