Plans being drawn up to let states declare bankruptcy

[HappyTexan]

So if the states have the safety of bankruptcy to erase their debts what incentive is there to pay off the debts and cut/tax to balance their budgets ?

For over 2 years now laws have been changed to give everyone an "easy out".

[mateo45]

Originally Posted by whatyousay

Your posts reek of naivete.

I suppose better than hypocrisy and self-serving ideology (among other things...). ;-p

Originally Posted by World Citizen

You gotta love the Republican Party.

Weren't they the ones who were against bailing out GM, keeping people from losing their homes and bailing out the banks ??

Their rally cry was,"Let them fail! It's their fault. After all, it's a free market..."

Good one!!!!!