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Old 04-24-2009, 03:24 PM
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Dejibo Dejibo is offline
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Join Date: Jan 2008
Location: New Hampshire
Posts: 7,332
15 yr Member
Dejibo Dejibo is offline
Elder
Dejibo's Avatar
 
Join Date: Jan 2008
Location: New Hampshire
Posts: 7,332
15 yr Member
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bankruptcy isnt what it used to be. days gone by meant you filed, and you were released from ALL debt, with the exception of IRS. today when you file, its a restructure, and a managed debt plan that is layed out for you by the government. so, even if we give another 2 billion, they MUST repay it all back. they will remain on the hook for it.

That being said. I am AGAINST giving one red cent to any more business folks. Banks, car dealers, insurance giants, dog walkers, candy stripers, or whom ever. ENOUGH! The banks that got the money still cant show what they did with it. We have exec commiting suicide, and others running for cover. All these big gains they are now showing, it looks like more cooked books. We are living in some really scary times, and we cannot and should not spend out way out of this one. Its time to close the pocket book.
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Kitty (04-24-2009), SallyC (04-24-2009)