Using bankruptcy as a tool for hostile takeover is right out of the predatory capitalism playbook. Wealth builders (not job creators) love to play this game.
The Congress is knee deep in this smarty pants biz strategy. The ongoing Political Fiscal Theater III is a manipulation of law, constitutional intent, and a media blitz that would have us believe we are in danger of some catastrophic financial event. Ironically, the economists I respect see this hostile takeover as just that. A disaster is being provoked and promoted as a means to an end game where monied interests have control of our government.
Even if you believe the government can do better, I respectfully request you contact your Representative in the House and tell them that America is not for sale. Make Congress work for US, not for campaign funders.
Find out how to contact your Representative at www.house.gov. NOW. Thanks.
Image from laserbrain studios – http://laserbrainstudios.com/games/