- Centurion Member
- Posts: 4913
- Joined: Sun May 20, 2012 4:35 pm
- Location: WI
Ok, so on the one hand we all know that almost 10 years ago, the bankers made it more difficult for the average person (but NOT for the average corporation) to declare BK. Too many deadbeats are using the system to dodge their debt we were told.
Yet how is it cool that Trump declares BK for the stated intent of dodging his debt, and that's ok? He's done it twice now on his Casino. To him it's business - you just ditch your debt and the bottom line looks a lot better. Ok I get that, so why is it so much more morally wrong if someone has sudden catastrophic medical bills and they do the same thing? I'm not talking about people who run up their cards and then decide not to pay here so please don't even go there.
You might argue well how can we judge intent. Well Trump's intent was simply to dodge debt so again why is it worse when the average person does it for a hell of a lot less money, if you really want to argue that?
As always, kind of a double standard there.
Along those lines, as a person holding a mortgage, if I can't pay my mortgage I'll get no taxpayer funded bailout, so why the hell should the bank get one? Where's the "personal responsibility" of Trump or these banks? Oh that's right that's the whole point of corporations - to AVOID personal responsibility, you know, that buzz term they keep preaching to the rest of us, but don't actually practice themselves.
I see a lot wrong with that whole picture - they give a free pass to the boys on the top to do whatever they please, while trying to make examples of the little guy in the US, over and over and over again. And as far as how can it be, well I guess when you buy your "representative", things happen in your favor and you get return on investment. All the more reason we need to clean house of these lifelong corrupt politicians and have public campaign financing and start putting the corrupt in jail where they belong, and I mean a real jail with real criminals by that, not club Fed for 6 months with a month's release for Christmas.